“Our goal with the podcast is to bring more transparency to the process so patent attorneys can make decisions that lead to quicker timelines, improved cost-efficiencies and better patents now,” said Chris Holt. “We explore how patent data can impact day-to-day prosecution and portfolio management decisions, sharing insights that we’ve collected from various experts about how to put patent data to work in a legal practice.”
“Better Patents Now” is a new educational podcast series designed to share insights from experts about the best ways to utilize patent data in an IP lawyer’s practice. It is free to download on Apple iTunes, Google Play and Stitcher, or can simply be played on demand from your computer by clicking here. The podcast is co-hosted by Chris Holt, vice president of patent analytics, and Megan McLoughlin, product director, for LexisNexis IP Solutions.
Holt is the inventor of LexisNexis PatentAdvisor®, a suite of tools for improving prosecution performance, and McLoughlin oversees product innovation. They are both patent attorneys who have spent the last few years knee-deep in patent data, trying to improve how patent prosecution is done.
In a recent episode, the co-hosts relayed their top four strategies for using prosecution analytics for competitive intelligence.
“While many competitive intelligence efforts are focused on a competitor’s issued patent portfolio, looking at prosecution statistics can provide insight into what is coming down the pipeline, as well as early indicators of an issued patent’s value,” said McLoughlin. “One practical strategy is to identify pending applications likely to be of value to your competitors by monitoring for their Track One filings.”
Previous podcast episodes have addressed topics such as the following:
- Successful strategies for working with patent examiners who require an RCE prior to granting an allowance, even when the amendment after final was not significant;
- The most common pitfalls of comparing patent prosecution data from one entity to another (e.g., company to company or law firm to law firm) and questions to ask when presented with comparative patent prosecution data;
- An interview with Professor Sean Tu, from the University of West Virginia, about his research on which examiners are most likely to issue litigated patents;
- The top six attributes of a good patent attorney in today's world of big data, such as understanding how the patent office works and contextual awareness; and
- An interview with Katie Scholz, of Kelly, Holt, & Christenson, about how she uses patent data to improve her prosecution performance and how she uses data to improve her client relationships.
If you’re interested in learning more about the best ways to utilize patent data in order to develop better patents, subscribe to the “Better Patents Now” podcast email list.