In his “Trademark Blog,” noted trademark attorney Martin Schwimmer asks, “Why Are The Big Patent Firms Disappearing?” As he points out, many of the largest and oldest patent firms, which “have been competently handling the largest, most complex patent litigations, since forever,” are disappearing, either by merging with large general firms or by shutting their doors altogether. Why is this? Why, he asks, do clients accept the higher fees that almost always result?
Well, I’m a bit biased but think I can shed some light on these excellent questions.
Continue Reading The Future of Big Patent Law Firms
