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Increasingly large, international and complex IP litigation matters are pushing companies to spend more, according to a new report from Morrison & Foerster.
August 08, 2019 at 06:53 PM
1 minute read
Large companies are spending more on intellectual property litigation according to a report released Thursday.
The Morrison & Foerster Study of IP Legal Decision-Makers surveyed IP counsel from 53 companies with at least $750 million in revenue. Total annual legal spend rose to $3.3 billion for reporting companies, up from $1.7 billion in 2005 and $2.76 billion in 2015, according to the report. Growth rates “have recently slowed, but continue at double-digit rates.”
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