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Patent pros in big law is already jeopardized. Clients prefer boutiques if anyone
To me, patent prosecution in biglaw was official dead when Ropes and Gray spun off (spun out?) their patent prosecution into a completely separate firm. It must have been a decade ago. That was the death knell.
Many biglaw places will have a handful a people doing patent prosecution and some counseling to serve existing clients. But the days of getting hired into biglaw as a junior patent prosecution associate and working your way up are over.
But there are still many biglaws that do have patent prosecution groups, like jones day, Morgan Lewis, Cooley, wsgr, Goodwin etc…
Just another nail in the coffin
Yup, the c-suite sees their IP unit as cost centers, so there's always a demand from up high to reign in preps and pros costs, which then drives downward pricing pressure, or at least a reluctance to increase IP spend, to outside counsel.
With the ever-increasing billing rates in biglaw, companies are finding out that building their own in-house team to handle their preps and pros matters is more cost effective.
Not only is pros in biglaw dead, with the rise of AI drafting solutions, boutiques will have to change their business model. Clients want to have AI draft in house and outside counsel just qc