Posts tagged: Lee & Hayes
Five Spokane companies and two nonprofit organizations were winners Wednesday of the 2014 Agora Awards, chosen by a panel to recognize business excellence.
The awards were presented Wednesday by Greater Spokane Incorporated.
Spokane law firm Lee & Hayes has opened an office in Washington, D.C., and named former Congressman George Nethercutt as head of its government relations practice.
The D.C. office is the firm’s second new location this year, following the opening of a Rochester, N.Y. office.
Lee & Hayes, best known for its expertise in intellectual property law, also has offices in Austin, Seattle and Portland, with 72 attorneys on staff.
“The primary objective of our new office is to promote our clients’ intellectual property interests in the political, legislative and regulatory processes in Washington, D.C.,” said company co-founder Lewis Lee.
Also based in the D.C. office are Poh Chua, who heads the office’s international and business practice; and Colin Barnitz, a veteran IP patent attorney who previously worked at the firm’s Austin office.
In addition to IP work and government relations, Lee & Hayes also provides services in corporate and securities law and litigation matters.
The firm has been recognized as the national leader in patent quality for four consecutive years by Intellectual Asset Management (IAM) magazine. IAM also recently ranked Lee as one of the world’s leading IP strategists in its IAM Strategy 300 issue.
Today's local business section had a quick story on Jane E. Brown, newly named managing partner at Spokane law firm Paine Hamblen.
The story noted it's the second oldest law firm in Spokane, having been started in 1893.
It's also supposedly one of the first five law firms in Washington state.
The oldest law firm in town? Witherspoon Kelley, which was started in 1887.
Our story said Spokane has four full-service law firms. The truth is that we have five large law firms; in additiong to Witherspoon Kelley, Paine Hamblen, Lukins & Annis and Winston & Cashatt, the top firm list now includes Lee & Hayes.
Since that firm is only a few years into diversifying it practice areas, it can't yet be lumped into the full-spectrum law firm category.
Spokane-based Lee & Hayes grabbed the No. 1 rankings in patent quality and in the information technology industry, according to a recent publication that used industry-wide evaluations.
Those rankings were the third consecutive year for Lee & Hayes to earn those top ratings in surveys published by Intellectual Asset Management Magazine, with ratings provided by Ocean Tomo Patent Ratings.
The dominance of Lee & Hayes in the IP patent quality ranking reflects its emphasis on building valuable patent portfolios with a focus on maximizing the quality and value of each patent component within the overall patent strategy, a Lee & Hayes press release said.
In addition to the Spokane's firm being chosen as No. 1 for quality patents, co- founder Lewis Lee has been selected as one of “The World’s Leading IP Strategists” by London-based IAM.
Spokane intellectual property law firm, Lee & Hayes, formally launched its IP Street site on Thursday, looking to become the equivalent in IP to what Morningstar is to stock market funds.
The site is IPStreet.com. It's targeted to investment bankers, IP attorneys, business decision-makers, and inventors. Paid access is available at a number of different levels.
Lewis Lee, co-founder of Lee & Hayes, is the CEO; offices are in Spokane and Seattle. Lee said one value in IPStreet is for a company to track a competitor's patent portfolios. Tracking those assets gives a solid indication of where a company's strategic direction is, he noted.
Lee was also recently interviewed on the evolving role of intellectual property and company planning at CNN Money: http://money.cnn.com/2011/08/18/technology/patent_bubble/#disqus_thread.
For the second year in a row, Spokane's Lee & Hayes was cited as the No. 1 patent law firm in the United States, based on patent quality. Intellectual Asset Management Magazine publishes the winners and uses a ranking system developed by Ocean Tomo. Ocean Tomo is a patent ratings company that specializes in assigning value to intellectual patents.
The magazine also hailed Lee & Hayes for being No. 1 in the information technology industry. Notably, Seattle's Perkins Coie landed at No. 6 for overall top IP firms.
The rankings appeared in the May-June issue of the magazine.
Ocean Tomo's ranking system relies on the premise that patent quality is a stronger measure of an intellectual property (IP) portfolio’s strategic value than the number of patents.
Lee & Hayes has continued to expand its operations. It recently opened a new office in Vancouver, Wash., focusing on clients in the Portland area.
Heading that office is Kevin Lemond, in photo above. The firm also has offices in Spokane, Seattle, Austin, Taipei and Beijing.
Spokane company co-founder Lewis Lee recently was quoted extensively at a CNBC blog on the fundamental importance of intellectual property in business development.
Which is exactly up Lewis Lee's alley; he co-founded immensely successul Spokane-based IP law firm Lee & Hayes, housed in downtown Spokane.
The interview, at CNBC.com, was nicely timed to the recent state visit by China's President Hu Jintao. It was posted with the headline: Message to CEOs: Don't Underestimate the Middle Kingdom in the Innovation Race.
Lee spends increasing amounts of time with his company's patent teams on the mainland and in Taipei. When he talks about the need for U.S. companies and global firms to deal with the growth of IP awareness in China, he makes a strong point. One quote is this one:
“However, we are seeing more and more research being located in emerging countries like India and China due to the large number of engineers and scientists, which in turn is fostering a growing culture of innovation in these countries. In the U.S., we need more educational emphasis on intellectual property.
“After all, it is rapidly becoming the greatest asset class and greatest renewable resource of our time. Intellectual property should become a core requirement in business and engineering education disciplines, not just an elective in law school.”
“Americans should no longer think of China as an emerging manufacturing power that disregards intellectual property rights. The enforcement system in China is still new and developing, but the country is dramatically increasing the number of patent filings it wants to receive (up from 300,000 in 2009 to an estimated 2 million in 2015) and adding patent examiners at an astounding pace. China will enforce intellectual property rights as soon as doing so is in its national interest. That day will come sooner than most people expect.”
Intellectual Asset Management magazine has rated Spokane’s Lee & Hayes as the top overall intellectual property law firm. The ranking distinction accompanies a recent IAM article called “Counting on Quality.”
Using a formula developed by a company, Ocean Tomo, the ranking tried to identify the best IP law firms on the basis of quality patents.
IAM used the Ocean Tomo rankings to assess the overall quality of the patents. Ocean Tomo focused on four technology areas: healthcare, information technology, consumer electronics, and industrials.
Lee & Hayes
represents six of the 20 largest patent filers in the U.S., including Microsoft and HP. It was founded in Spokane in 1994 by Lewis Lee and Dan Hayes.
Inland Northwest Health Services, Signature Genomics, and Pyrotek are among the firm’s Spokane-based clients.
“We feel privileged to be able to partner with such innovative clients in the pursuit of creating business-focused portfolios.” co-founder Lee said in a release. “We are only able to achieve an award like the one given by IAM magazine because we have great clients, who are committed to building quality patent portfolios.”