Over the past decade several litigation-oriented, IP specialty firms like Lyon & Lyon have merged or gone out of business. Will the remaining top-flight IP litigation boutiques like Fish & Richardson of Boston; Fish & Neave, Pennie & Edmonds, and Kenyon & Kenyon, all of New York; and Finnegan, Henderson, Farabow, Garrett & Dunner of Washington, D.C., be able to survive? Opinions vary.
“I think that the landscape a few years down the road will be a dozen very large IP specialty firms across the country and a lot of very small ones,” says Don Martens of Los Angeles’ 160-lawyer IP boutique Knobbe Martens Olson & Bear. “With a few exceptions, it’s the midsize ones that are going to have trouble surviving. They tend to get swallowed up by the larger general firms.”
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