Firms Face Rise In High Stakes IP Malpractice Suits

Law360, New York (March 2, 2010, 4:36 PM EST) -- Intellectual property malpractice claims are becoming a vexing problem for law firms, not just because the number of allegations is tracking upward but because the stakes are getting higher, according to legal experts.

Though defendants accused of malpractice are much more likely to receive court judgments in their favor than plaintiffs are, the allegations are often extremely costly to litigate and can deal a devastating blow to the professional reputation of the law firm and lawyer, they say.

“The value of IP has increased over the...
To view the full article, register now.