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Infographic: How $3 Billion is Spent in IP Litigation

Infographic How $3 Billion is Spent in IP Litigation

BTI Consulting estimated that corporate legal spending for IP litigation neared $3 billion dollars in 2014.  “The typical larger company is expecting 44 more substantive matters than 2013, with increases taking place across almost all major fronts,” according to an blog post by the consulting firm.

How is that money being spent?  A new analysis by the CounselLink® team – the Enterprise Legal Management Trends Report – provides insight into how that money is being spent by law firm size.  The largest of a law firms are winning in this lucrative market:

  • 61% with law firms with 750 or more attorneys
  • 6% with law firms with between 501-750 attorneys
  • 3% with law firms with between 201-500 attorneys

The complete infographic follows below and is freely available for publication under a Creative Commons license.  The complete report is stacked with additional data including an update on six key metrics the team tracks. A complimentary copy of the report may be downloaded at no cost, with registration here.

click here or image for larger resolution

CounselLink-Legal-Spend-Trends-Infographic-small

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Legal Spend Trend: Big Law Winning More IP Litigation Work

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About Frank Strong

Frank Strong
Frank Strong is the communications director for the LexisNexis software division located on NC State’s Centennial Campus in Raleigh. In this capacity, he leads communications efforts in support of software products for law practice and law department management and also litigation tools – across large law, small law and corporate counsel segments. With more than 15 years of experience in the high-tech sector, Strong previously served as director of public relations for Vocus, which developed marketing, PR and media monitoring software. He has held multiple roles both in-house with corporations, ranging from startups to global organizations, and has also endured the rigors of billable hours, having completed gigs at PR firms including the top 10 global firm Hill & Knowlton. A veteran of two year-long deployments, Strong has concurrently served in uniform in reserve components of the military for more than 20 years, initially as an enlisted Marine and later as an infantry officer in the Army National Guard. Strong holds a BA in Film and TV production from Worcester State University, an M.A. in Public Communication from American University, and an M.B.A. from Marymount University. He is a PADI-certified Master Scuba Diver and holds a USPA "B" skydiving license.
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