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CONSIDER ALTERNATIVES TO RESOLVE PATENT DISPUTES.
Crain's Detroit Business, June, 1999 by DOBRUSIN, ERIC
The number of patents issued by the U.S. Patent and Trademark Office is growing exponentially. However, the number of patent-infringement lawsuits is increasing at an even faster pace. Within the next five years, most specialty manufacturing companies will engage in a patent-infringement dispute.
Litigating a patent infringement in the United States costs about $1.2 million and usually takes about 19 months to go to trial. Faced with lower-margin products and earlier obsolescence, today's companies cannot afford the time or expense of traditional patent litigation. To address the serious shortcomings of patent litigation, Procter & Gamble attorneys Koos Rasser and Pat Lane conceived and led an effort to create the National Patent Board. This new...
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