Drop in Patent Lawsuits, Damages Blunts Call for Congress to Act
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Patent lawsuits and damage awards in the U.S. fell in 2014, snapping five years of increases, according to a study that may embolden opponents of litigation rules being considered by Congress.
The number of suits dropped 13 percent to 5,700 in the fiscal year ended in September, according to PricewaterhouseCoopers LLP’s PwC. Median damage awards from judges and juries fell to $2 million, the second-lowest amount in 20 years, PwC said in the study released Wednesday.