Patent activity is continuing to increase at the leading IP offices around the world, including the European Patent Office (EPO). How can you ensure that your patent attorney is still doing their best work?
Late last year we reported how both the UK IPO Innovation and Growth Report, and the World Intellectual Property Office (WIPO) Global Innovation Index reflected increased levels of innovation across world economies. This trend is reaffirmed by the recently published IP5 Statistics Report 2021, from the IP5 group of patent offices (EPO, Japan Patent Office, Korean Patent Office, China Patent Office and US Patent and Trade Mark Office). The full report is available from the IP5 website, and also from the EPO.
The report is significant in that it provides a consolidated view of patenting activity across the five largest IP offices. In 2021, 1.5 million patents were granted, an increase of 10% on the previous year. 2.9 Million patent applications were filed- with both the European Patents Office and the Chinese Patent Office leading the way with 5% and 6% growth respectively. It is evident from global filing analytics that Europe represents a key market for patent owners, some 31% of granted patents are in Europe:
As patent attorneys, this is no surprise – the challenge continues to be how to balance the increased levels of work with ensuring that clients receive the highest quality service. That is one of the challenges that we here at Two IP have addressed. By removing the traditional management responsibilities and billing targets, we give our attorneys all the time and space they need to do their best work, for a select group of clients, while ensuring that clients get excellent value for money and our attorneys are fairly rewarded for their expertise and hard work.
If this sounds like the client/attorney relationship you would value, then you can discuss your requirements with our expert patent and trade mark attorneys at hello@two-ip.com
