Pricey Patents
Intellectual property is a precious asset–if you can afford to protect it.
$10 million: Cost to defend a high-stakes patent suit
$3.8 million: Median damages awarded in patent infringement cases from 2001-07
482,871: Patent applications filed in 2009
191,927: Patents issued in 2009
2,700: Average number of patent-infringement lawsuits filed per year
$1,000: Hourly rate charged by top patent litigators
100: Average number of patent cases that go to trial each year
57%: Percentage of trials won by patent holders
34.6: Average number of months to secure a patent
Sources: USPTO website; General Patent Corp.; Stanford IP Database; Ropes & Gray; PricewaterhouseCoopers
