Financial Firms Eye Prospects, Pitfalls In IP

Law360, New York (October 28, 2004, 12:00 AM EDT) -- Wall Street powerhouses are stepping up their efforts to cash in on their intellectual property portfolios and shield themselves from a growing threat of infringement assertions, attorneys say.

“We’ve seen a lot more activity among financial-services firms in the intellectual property field in recent years. There’s an increasing awareness of the importance of staying on top of the patents that are out there and how they could affect your business,” said Sharon Barner, a partner with Foley & Lardner’s IP department in Chicago.

Traditionally, the legal...
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