The benefits of partnering with Woodsford
Litigating to protect your IP can be incredibly expensive, straining the budget of even the most well-resourced plaintiffs. And, due to the changing nature of the patent licensing market, it is increasingly difficult for any patent owner (for example) to receive fair value for their inventions without bringing litigation in conjunction with an active licensing strategy.
First time litigants, such as individual inventors or small companies, may be surprised to learn that the costs associated with expert witnesses, discovery, and trial presentation for IP litigation in the US can cause a single case to cost upwards of $2 million, excluding attorneys’ fees.
Consequently, a litigation funder such as Woodsford is a key player needed to enable filing a meritorious case without devastating the IP owner’s finances.
Woodsford’s remuneration is entirely contingent upon success. We provide the required funding for the legal and other costs of engagement, up to and including litigation. We also provide claimants with indemnities against adverse costs consequences.