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More Patent Cases Filed but Lower Median Damages Awards - Intellectual Property News

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Intellectual Property News


Posted on: Jul 18, 2014

The 2014 Patent Litigation Study by PwC shows that more patent cases were filed and more patents were granted than ever before, growing by 25 percent from 2013 alone. Last year, almost 6,500 cases were filed.

While more cases were filed, the median damages awards declined to $4.3 million. The industry with the highest damages awards was telecommunications, with a median of $22 million. To read more about why the number of cases continues to grow, check out this article by Inside Counsel.

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