The risk of patent litigation has never been higher. Non-practicing entities (NPEs) continue to acquire and assert patents against operating companies of all sizes. In 2011 alone, nearly 3,100 companies spent more than $5.8 billion to fight and settle NPE suits. The legal cost of a single infringement case can easily reach $1 million even before a trial begins.
To help counter this threat and more effectively manage the risk and cost of unexpected patent litigation, RPX has launched a unique policy product that combines proactive intervention in the patent market with innovative insurance coverage to limit the frequency and severity of infringement assertions for our clients.
With its unparalleled access to data on the patent market and patent infringement litigation, RPX can analyze and quantify a company's NPE risk with a high degree of predictability. This actuarial accuracy is at the heart of the first insurance offering that can turn the dangerous uncertainty of NPE litigation into a manageable business risk. Our Panel Counsel program and Collaborative DefenseSM service provide our clients with world-class legal resources to fight any litigations that do occur. As a result, we ensure that their financial exposure is limited, while ensuring that they mount the strongest possible response. This unique combination of services is transforming how operating companies can insure against the unknowns of NPE assertion, and enabling our clients to transform those dangerous uncertainties into a manageable business risk.
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