Promising to slash the costs of litigating patent cases — both inmoney and time — a group of in-house and private patent lawyers are touring the countryto persuade their colleagues to join the newly formed National Patent Board.
Dubbed “a court of first resort,” the NPB is the brain-child ofJacobus “Koos” Rasser, Procter & Gamble’s vice president and general counsel incharge of patents worldwide. As the mother of all intellectual property ADRs, the NPB saysit can cut the average costs of battling over a patent from $1.5 million down to $100,000.
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