Patent Damage Awards Top $15B Since 2000, Report Finds

Law360, New York (June 26, 2014, 5:22 PM EDT) -- Since 2000, more than $15 billion in patent damages have been awarded in federal court cases across the U.S., but the 10 largest awards, including several of more than $1 billion, account for more than half the total, according to a report released Wednesday. 

According to numbers compiled by litigation analytics firm Lex Machina, while only about 1.9 percent of the 36,629 patent cases filed and terminated in U.S. federal courts from 2000-13 involved damage awards, the total awards made in these cases amounts to more than $15 billion.

The median compensatory award of about $400,000, however, was far less than...

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