Patent & IP Law Services
Our Value Proposition
We eliminated billable hour quotas.
Quotas are designed to increase profits, not quality. The more each and every attorney individually bills, the greater the revenue. This impacts the clients’ cost.
The American Bar Association Journal noted that 21% of attorneys round up their hourly entries to the next hour or half hour and 51% of lawyers charge a full six-minute time increment for miniscule tasks like a quick phone call or email.
There are, in rare circumstances, billing practices such as “double billing.” Free of quotas, our focus is on excellence.
We minimized overhead.
- Corporations use engagement agreements with their law firms. We use engagement agreements with our team members, not employment agreements. Hence, we do not need to recover the expenses for U.S. employment benefits and regulations.
- We will lease functional space, but only if a client requires it. Hence, our clients do not absorb the yearly overhead associated with fancy law offices.
- We use interpreters, not expensive lawyers, to communicate with our foreign clients. The interpreters routinely handle sensitive business information in depositions and hearings. We trust them as do countless companies.
We eliminated internal profit centers.
For decades, traditional law firms have embraced ways to increase revenue through ancillary services. These are called internal profit centers. Today, market pressures on hourly rates have given rise to more internal profit centers, such as charging for database hosting or “paraprofessionals” who handle administrative tasks.
When our clients need specialized IP support, such as paralegals, experts, database hosting, administrators and ESI resources, we engage reputable U.S. companies like Inventus. These companies are trusted by Fortune 500 corporations and they are more cost-effective than law firm profit centers. We add their bill to ours for simplicity and there are no markups.
Our bills make sense.
Clients praise us for our billing format. The billing statements are straightforward and comprehendible. We only bill for attorney time. We pass through expenses from our team without markups, and that simplifies bills for our clients. Alternative fee arrangements are available because our platform is customized, streamlined and efficient.
Bauz IP Law Services in Detail
For a twelve-month term, Thane served as in-house IP counsel to The Boeing Company. He understands the challenges corporate leaders face every day. When his in-house experience is combined with twenty-five years in global law firms and Bauz IP Law’s analytics, Thane is an exceptional resource. He guides companies on IP capture, less costly litigation strategies, transactional issues, and the selection and management of outside counsel. He also serves as “shadow counsel” for the in-house legal team.
From 2017 to 2019, the success rate of defendants’ motions for summary judgment on either non-infringement or patent invalidity was less than 25%. Thane sheds light on what filings make sense in light of the circumstances. Thane was lead trial counsel when Judge Koh yelled at another attorney “[y]ou want me to do an order on 75 pages, unless you’re [abusing drugs], you know these witnesses aren’t going to be called …”
In response to a motion, Judge Gilmore wrote “[w]hat is wrong with you parties/lawyers? Just STOP IT!” In another instance, a company paid an expensive law firm to prepare sixty invalidity charts when the judge only allowed six. These examples alone cost millions of dollars. Having worked as in-house and outside counsel, Thane knows how to improve quality and reduce cost.
Aside from conserving precious resources, Bauz IP Law’s analytics helps Thane secure stronger IP assets, mitigate risk and resolve disputes.
Throughout his career, Thane helped companies strengthen their IP position. For example, Thane helped manage sixteen thousand IP assets. Under his guidance, his team identified numerous IP “gems” including a portfolio certified by accountants at $500M. He also handled due diligence for large corporate clients interested in purchasing or selling IP assets. He negotiated the sale of a patent portfolio for $33M. Rather than having an expensive team of attorneys bill the company, Bauz IP Law licenses the best tools available for portfolio analysis.
Bauz IP Law has proven to be extremely effective on IP litigation-related matters. We have taken cases as far as the pre-trial hearing before settling the case. While every case is factually distinct, we have prevailed every motion in limine, motion for protective order, and motion to compel. Our skill set and analytics help.
98% percent of patent litigation cases settle prior to trial. Should the client want to use a traditional law firm prior to trial, Thane can transition the litigation matter to a traditional law firm and manage that law firm. During his career, he managed litigation teams as large as twenty professionals in three offices.
In traditional law firms, Thane was co-lead trial counsel on several competitor cases where $1B was at stake. In one such case, he successfully obtained a rare “clean sweep,” winning every single issue at trial and on appeal. He is especially adept at settling cases, often for a fraction of the demand. Thane wants to keep his clients out of the courtroom, but when the other side is unreasonable, he works hard to win.