U.S. patent application figures trended modestly down. The preliminary total of 485,500 applications is down from the all time high of 496,886 set in 2008. The shift toward a majority of foreign applications has continued. Of the 190,121 total patents issued 96,395 (~ 51%) were foreign.
The question from potential clients is so often: “Why should I have my Intellectual Property (IP) managed by a third party? I already have competent Intellectual Property lawyers who are patent experts.” This is certainly, a good and reasonable question.