February 29, 2024
Santa Monica, CAFor Immediate Release
Contact:
Lei Peremne
Client Solutions Manager
(424) 330-2885
lei@patexia.com
Patexia Releases its Fifth ITC Intelligence Report and Rankings
This comprehensive report provides valuable insights and analysis into the trends and developments within the U.S. International Trade Commission’s (ITC) Section 337 investigations, including rankings of all stakeholders.
Santa Monica, CA (February 26, 2024): Today, Patexia, Inc., a leading provider of intellectual property analytics and insights, is pleased to announce the release of its highly anticipated ITC Intelligence Report 2024 as part of its Patexia Insights series.
Section 337 Investigations by the International Trade Commission (ITC) have gained popularity in recent decades due to globalization, resulting in increased imports and IP-related risks. In 2023, there was a decrease in the number of investigations initiated, contrasting with the yearly growth observed in preceding years. Despite this recent decline, law firms have strategically positioned themselves by establishing and growing their ITC practice through hiring, while also utilizing the ITC as a strategic avenue to increase their chances of success.
The ITC Intelligence Report 2024 offers an in-depth analysis of the 396 investigations initiated under ITC Section 337 from January 1, 2018, to December 31, 2023. Drawing from extensive data and rigorous analysis, the report examines various aspects of these investigations, including the number of filings, case outcomes, parties involved, and trends over time.
In this report, we have thoroughly evaluated and ranked 372 law firms, 4,656 attorneys, 1,874 companies, and 10 Administrative Law Judges (ALJs). This analysis serves as a valuable resource for firms and attorneys operating in a highly competitive market where it is challenging to stand out. By providing insights into the performance and activity levels of stakeholders involved in ITC investigations, our report equips companies, firms, and attorneys with the information they need to enhance their strategies, improve their performance, and differentiate themselves in the marketplace.
Over the six-year period from January 1, 2018, to December 31, 2023:
- A total of 396 investigations were initiated, with 299 categorized as violations
- More than 10,000 professionals, including testifying and non-testifying experts, translators, photographers, court recorders, and other specialists, have been directly or indirectly involved in these investigations
- 372 law firms were active, with 173 representing complainants and 309 representing respondents
- 4,656 attorneys were engaged in these investigations, with 2,408 representing complainants and 3,408 representing respondents
- 1,874 companies were involved, with 266 acting as complainants and 1,660 as respondents
- 973 patents were at the center of these cases
The report provides an analysis of key statistics, examining filing trends, investigation outcomes, appealed decisions, unfair acts, and the most prevalent IPC codes for patent infringement, among other metrics. Attention is paid to the duration of investigations, with data depicting the average termination times by year, as well as its variations depending on the investigation outcome. Additionally, the lateral moves among the top 1,000 attorneys are covered, highlighting key transitions and the growth or decline of law firms in terms of the number of attorneys who joined and left.
When asked about this report and its importance, Pedram Sameni, the company’s CEO, emphasized, “This year, we’ve observed a decrease in the number of investigations initiated, which undoubtedly warrants a separate analysis as it may be influenced by various factors. However, the significance of Section 337 investigations remains evident. We’re witnessing a high number of lateral moves among law firms, indicating a significant commitment to establishing and growing their ITC practice.” He added, “This report stands as one of the few endeavors that offers a panoramic view of the ITC ecosystem, aiding legal professionals, policymakers, and researchers alike in understanding the dynamics and trends within Section 337 investigations. It serves as a guidepost for strategic decision-making, enabling firms, attorneys, and companies to understand their performance, identify areas for improvement, and adapt their approaches accordingly.”
The ITC Intelligence Report is available for purchase now at ITC Intelligence Report 2024.
About Patexia
Patexia, founded in 2010, revolutionizes the IP world with its AI-powered platform, uniting a global community of IP professionals. Our vast database, derived from millions of legal documents, fuels data-driven rankings and insights on law firms, attorneys, judges, and companies. We empower informed decisions with cutting-edge products like IP Intelligence Reports, Patexia Concierge, Patent Analyzer, Trademark Analyzer, and Litigation Analyzer, catering to IP attorneys, law firms, and corporate IP counsel. Our services include Lateral Opportunities, Expert Witness connections, Research Studies, and Strategic Partnerships.
For more information, visit http://www.patexia.com/about_us.html
PEDRAM SAMENI IS AVAILABLE FOR INTERVIEW
Contact:
Lei Peremne
Client Solutions Manager
(424) 330-2885
lei@patexia.com
