"The significance of valuationsAny thoughts as to whether the sample of IP lawyers interviewed was typical?
In disputes, 98% of lawyers found intellectual property valuations significant or very significant to their disputes. For non-contentious issues, 97% of lawyers found the valuation of intellectual property significant or very significant in supporting their project objectives. Clearly, when it is used, valuing intellectual property helps. In our experience, the value of the intellectual property is an important contribution to the cases in which it is required. If you think about it, this makes sense. As intellectual property – especially trademarks and goodwill - forms such a large portion of business value, how can its value not be damaged by negative business activity? Or how can knowing its value be anything but central to commercial activity?
Valuations’ future significance
The lawyers we researched thought the role and significance of valuing intellectual property was going to increase. 65% of litigators thought the significance of IP issues to disputes would increase and 75% of non-contentious lawyers thought it would also increase in the future. No-one thought its significance would reduce"(emphases added).
Thursday, 19 February 2009
Is valuation suddenly so important (surely not!)
I found some rather surprising results of a survey in a recent email circular from Intangible Business: