IP Master Class: Arbitration of Patent Disputes
Companies are selecting arbitration of patent disputes for multiple reasons such as enabling a patent savvy panel, conducting the proceedings confidentially, and providing a more predictable forum in cross-border arrangements. Traditional patent litigation is one of the most expensive, unpredictable and time consuming means of resolving disputes. Many companies have chosen arbitration of patent disputes in their licensing agreements, and others have selected arbitration to resolve patent disputes even when there is no contractual agreement between the parties. Three experienced participants in patent arbitration will address the benefits and challenges of patent arbitration as an alternative to traditional litigation.