Survey: IP trends preview: US in-house counsel speak out
01 April 2007
MIP is producing an extensive survey of in-house IP counsel in the US, to be published in June this year. James Nurton provides a preview of the findings so far
IP work is booming in the US. According to provisional results of MIP's first-ever extensive survey of in-house counsel in North America, many companies have increased their IP budgets for both contentious and prosecution work, and similar numbers expect to increase budgets further in the next year. More than a third of respondents so far also expect to expand the size of their in-house IP department over the coming year.
The survey, which consists of 29 main questions, is being conducted anonymously by telephone and email. At the time the provisional results were compiled (mid-March), in-house counsel from Fortune 500 companies as well as North American subsidiaries of major European and Asian corporations had been interviewed. Once all the interviews have been completed, the research will provide a unique perspective on broad trends in the IP market as well as detailed feedback on the law firms that in-house counsel use....
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