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The 2013 CES: Patents, Legislation Reform, and the Growing Market for Patent Attorneys and Agents Reviewed by Wysebridge
Date:1/10/2013

Philadelphia, PA (PRWEB) January 10, 2013

An multitude of voices are sounding the call for a critical analysis and implementation of legislation for patent reform. Many of these voices were heard at the 2013 CES Innovation Policy Summit. Talks surrounding the desire for legislation reform echoed Congressman Peter DeFazio (D-OR) and his introduction of HR 6245, the bipartisan Saving High-tech Innovators from Egregious Legal Disputes (SHIELD) Act created and designed to well, "shield" American tech companies from frivolous patent lawsuits.

As Larry Downes, a contributor at Forbes wrote, "Panelists representing Google, the Electronic Frontier Foundation, online retailer Newegg, electronics manufacturer Voxx and Home Automation, Inc. shared horror stories of defending against frivolous patent infringement lawsuits. The panel then violently agreed that such litigation has become an expensive and often existential plague for tech companies of all sizes." Echoing this, as DeFazio has noted, patent litigation cost $29 billion, in direct costs alone, in 2011. That's in one year, and that is a lot of money that potentially could have been utilized for advancing technology.

The reason for all these extraneous costs?
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