How to be a successful IP firm

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How to be a successful IP firm

It’s the question we are most asked, especially at this time of year: how do we decide our rankings? The implicit question is – of course – how does my firm move up them?

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This week we published the first of three parts of the 2014 IP survey, listing the leading firms for patent work in about 80 jurisdictions. The trade mark results will follow in March, and we will publish copyright tables for some countries in April. Later, we will republish the rankings with detailed commentaries on each firm listed in our annual Handbooks.

For the first time this year, we will also include lists of individual lawyers and attorneys worldwide, IP Stars – we published lists for US states last year. (Read more about the survey, including the methodology which explains how the rankings are compiled in our introduction.)

Meanwhile, our researchers are also compiling our annual Managing IP Awards, which will be presented at dinners in London and Washington DC on March 19 and 25. Look out for the awards shortlists on our dedicated page later this week.

What is the point of all these lists? Above all, we believe that readers find them useful. Intellectual property is a field where expertise counts, especially as IP assets are more highly valued, and businesses and individuals need to know where they can find it. If we can play a small part in helping would-be clients get useful advice, we’ve done our job.

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A second reason is that IP is an important and dynamic area of legal services, and we want to recognise the good work that is done by spreading information. Those of you who have attended our awards dinners will know that we always take time to explain why firms or individuals have won particular accolades. While there isn’t time to go into the same level of detail for all the firms in the rankings, we do set out as much information as we can in the Handbook commentaries.

Undeniably, there is also a third reason, namely that rankings – and the controversy they inevitably provoke – get people talking. We’re all interested in seeing who is up or down; who is in or out. Don’t deny it.

The methodology sets out in detail how we come up with the rankings, and I won’t repeat it here, save to emphasise that the rankings are built on information we obtain from firms, their peers and clients and from public sources (such as IP office and court records). That includes details of new hires, offices, clients and cases as well as feedback on matters such as how efficient, effective, experienced and approachable IP practitioners are.

Information can always be improved, and the market never stands still. We aim to provide a snapshot of the IP market based on what is available to us – but we also recognise that we constantly need more and better information. If you don’t agree with our rankings, or think certain firms should be ranked higher than they are, the best way to achieve that is to help us get that information. We are always ready to listen.

more from across site and SHARED ros bottom lb

More from across our site

By accepting a relatively small sample of infringing content to grant worldwide relief, a UK court has adopted a pragmatic approach that could reduce the time and expense involved in huge enforcement actions
This year’s IP STARS Americas rankings reveal that firms are expanding their capabilities, particularly in trade secrets and life sciences
Law firms’ expanding IP capabilities are driving broader industry recognition across a wider range of practice areas
As specialist boutiques challenge traditional firm models, major disputes involving Disney, Ericsson, Siemens and Dolby highlight the firms winning work before the UPC
The firm has added two leading damages specialists as it expands beyond technical analysis and deepens its role in the economics of IP litigation
Josh Seidenfeld, partner at DLA Piper, outlines the emerging legal trends that drive the future of life sciences innovation and how stakeholders can prepare for the future
South Korea's One Law Partners is combining with boutique firm Minwho Law Group to leverage global expansion of K-content and build a broader offering spanning IP, tech and regulatory advisory work
Russell Kennedy's Gina Tresidder on juggling matters, delivering hard truths, and why IP ownership is rarely as simple as people think
Attorney Oran Friar and trainee attorney Harry Cunliffe at Reddie & Grose, share that patent filings for clinical LLMs are surging, but success in the UK and Europe hinges on demonstrating technical innovation
Implementers can use the UK courts to seek FRAND terms for patent pool licences
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