Litigation is not cost-free, particularly when we talk about intellectual property cases that can be driven by myriad factual inquiries. Those inquiries can result in significant discovery. Multiple expert witnesses may need to be retained. E-discovery costs are not insignificant. And the list goes on. Not everyone can afford the costs that must be incurred to see their rights protected. Not everyone wants to face the inherent risks of litigation. That leads to a sense of injustice. Are there alternatives? We're going to talk about one option.
In this episode, Jeff Harty, Robin Davis, and Bob Koneck discuss:
- The complexity of IP litigation and how that affects the costs of litigation.
- Why IP disputes tend to lend themselves to litigation funding.
- What types of cases are suited to litigation financing.
- Different approaches to funding IP cases.
- The perception may be that only boutique firms use litigation funding, but big firms also use litigation funding; it is becoming more common throughout firms of all sizes.
- Litigation funders are passive investors. While they don’t get a say in the case, they are aligned with the funded parties and their case.
- Trends and studies show that litigation financing is going to become more common.
- LItigation financing is not just for small and medium-sized entities.
“One of the trends that we're seeing now is that more larger, sophisticated companies that do have their own significant in-house legal budgets are utilizing funding to take the risk and the pressure of the cost of litigation off their balance sheet.” —Robin Davis
About Robin Davis:
Robin Davis is Woodsford’s chief investment officer for the United States. She oversees all of Woodsford’s investments in American civil litigation and intellectual property. Under Robin’s direction, Woodsford has become a preeminent investor in IP litigation and works with top-tier law firms, public and private companies, universities, and independent inventors. Before joining Woodsford, Robin spent a decade as a litigator in private practice, with a specialty in patent litigation, at firms including Quinn Emanuel and Radulescu LLP. She has a J.D. from Cornell Law School and a B.S. in materials science and engineering from MIT.
About Bob Koneck:
Bob Koneck is a lawyer and former litigator. As director of litigation finance and legal counsel for Woodsford, Bob now focuses on working with plaintiffs and their counsel to explore whether litigation financing can facilitate a successful litigation. Prior to joining Woodsford, Bob worked as a commercial litigator and completed federal clerkships at the U.S. District Court for the District of Minnesota and the U.S. Court of International Trade. Bob received his J.D. from Columbia Law School and his B.A. from St. Olaf College.
Connect with Robin Davis and Bob Koneck:
Bob’s Email: firstname.lastname@example.org
Bob’s Phone: 267-903-4878
Robin’s LinkedIn: https://www.linkedin.com/in/robin-davis-150b432/
Bob’s LinkedIn: https://www.linkedin.com/in/bob-koneck-81b2b2182/
Woodsford’s LinkedIn: https://www.linkedin.com/company/woodsford-litigation-funding/
Connect with Jeff Harty: