Posts tagged: Lewis Lee
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.
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.”