Joff Wild

The news late last week that John Squires has left his position as chief IP counsel of Goldman Sachs to become the joint head of IP at law firm Chadbourne & Park caught my eye. At C&P, Squires will continue to look after the interests of Goldmans. This indicates that he will not be directly replaced at the bank; which in turn indicates a downscaling in the importance of IP there. Squires was a very high-profile figure and had built up quite a formidable reputation. I wonder if his departure is down to a combination of credit crunch cutbacks and a post-Bilski fear at the bank that continuing investment in the creation of patents may not lead to a portfolio that is as strong or as valuable as once may have been the case.