(You know . . . the fairy tale about trolls.)
This summer, PwC published its 2014 Patent Litigation Study. The tagline of the study is “[a]s case volume leaps, damages continue general decline.”
Some of they key findings — which are quite fascinating — are:
- Median damages awards continue to trend down—to $4.3 million in recent years.
- Damages awards for NPEs averaged more than triple those for practicing entities over the last four years.
- The median jury award amounted to nearly 37.5 times the median bench award between 2010 and 2013.
- NPEs have been successful 25% of the time overall, versus 35% for practicing entities, due to the relative lack of success for NPEs at summary judgment. However, both types of entities win about two-thirds of their trials.
You can read the whole thing at the link above.