IP Partners Face A Declining Lateral Job Market

Law360, New York (May 11, 2016, 4:08 PM EDT) -- Ten percent fewer intellectual property partners made lateral job moves in the first quarter of 2016 when compared with the year before, as the practice area grapples with major changes to how patent suits are litigated, according to experts and Law360 data.

The IP practice area is undergoing a major sea change, experts said, due to the U.S. Supreme Court's Alice Corp. and Octane Fitness LLC rulings in 2014, which were aimed at limiting frivolous patent litigation; the 2012 America Invents Act, which set up the Patent Trial and Appeal Board inter partes review process; and the Dec. 18 abolishment of...

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