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Patent litigation continues to be a booming business. While that may be good news for lawyers in private practice, it presents serious concerns for in-house counsel. These hotly contested and protracted cases can cost hundreds of thousands, if not millions, of dollars to prosecute or defend. The risks of litigation could include a large damage award for infringement, an injunction preventing use of the technology or a finding that the patent is invalid. In view of these risks, in-house counsel should consider ways to minimize financial exposure to their companies while retaining some degree of control over the litigation process. Mediation is one such option. Here are some tips for the successful mediation of a patent case.