Patent Monetization Ragnar Olson Global IP Law Group, LLC
Patent Valuation Patent Value – Phase I Market Area Digital Media (Streaming/Gaming) Wireless Infrastructure (4G) Smartphone Functionality Social Networking Patent Filing Factors Filing Dates Issued Patents = Current Claim Coverage Disclosure/Open Continuations Worldwide Coverage Access to Inventors Reexamination
Patent Valuation Patent Value – Phase II Infringement Claim Charts Independent/Dependent Claims Reverse Engineering Financial Analysis Industry Growth Rates Royalty Rates Penetration Rates Encumbrances Licensed/Available Market
Monetization Options Patent Valuation Litigation License Sale Hybrid
Ways to Monetize Litigation Often Exclusive Monetization Avenue of Law Firms High Risk/High Reward Slow – Many Years Highly Adversarial Willingness to Participate
Ways to Monetize Licensing Provides Ongoing Revenue Still Adversarial Carrot v. Stick Creates Significant DJ Risk Difficult Without Litigation
Ways to Monetize Sale Lower Risk/ Lower Reward Variety of Options Private Sale Public Auction Lower DJ Risk/Friendly Transaction
Ways to Monetize Hybrid Some Upfront Money Backend Participation Acquiring Party Has Full Litigation Decision Seller’s Willingness to Participate Repurchase Clause
Active Patent Companies Privileged & Confidential Attorney-Client Communication
Current Patent Suits
Patent Acquirers Buyers Strategic Buyers Operating Companies Defensive or Offensive Will Pay a Premium Aggressive Non-Practicing Entities Licensing Companies Hybrid Option Defensive Non-Practicing Entities Acquire Patents on Behalf of Members No Assertion May Sell Patents Back Into Market
Results Global IP Law Group In early 2009, we formed an innovative law firm dedicated to monetizing patent assets through sales, licensing, and litigation. Our partners developed their expertise at elite law firms and an innovative investment bank, and we have a strong mix of corporate and law firm experience (large and small), and have extensive entrepreneurial experience. Steve Steger Brinks Hofer; Mayer Brown; Accenture; Brunswick; Ygomi Ragnar Olson Drug Enforcement Administration; Ocean Tomo David Berten Kirkland & Ellis/Bartlit Beck; founded Competition Law Group in 1999 Graham Gerst Kirkland & Ellis; U.S. Department of Justice Cindy Ahn Kirkland & Ellis; Third Wave Technologies (General Counsel) Since formation, the firm has more than 100 agreements pending or closed, with a total value in excess of $5 billion.
Thank You Contact Information Ragnar Olson, Partner GLOBAL IP LAW GROUP, LLC 123 N. Wacker Drive Suite 2350 Chicago, Illinois 60606 rolson@giplg.com Direct: 312.241.1503 Cell: 312.343.4103