Global IP Law Group LLC
Global IP Law Group LLC is a law firm founded with a specific purpose: to maximise clients’ returns from their intellectual property. To that end, Global IP provides an array of focused services, including patent sales, licensing, litigation and strategic counselling to clients ranging from individual inventors to multinational corporations. Over the last six years, the firm has generated over $7.5 billion for its clients, including:
- the largest pure patent sale in history ($4.5 billion);
- the largest patent-backed debt offering in history ($2.6 billion); and
- one of the highest sales prices paid per patent family in history ($37.5 million).
Headquartered in Chicago, with affiliates in Europe and Asia, Global IP offers a unique blend of services and perspectives, combined with legal and technical expertise and global resources, to maximise the value of patent portfolios in a wide range of technologies.
Recent plaudits include the following:
- World Finance named Global IP the Best IP Law Firm in North America 2015.
- The IAM Strategy 300 2017 included five Global IP partners – David Berten, Steven Steger, Ragnar Olson, Graham Gerst and Stacey Ravetta.
- Super Lawyers 2017 recognised a number of Global IP’s partners for distinction. Mr Berten, Mr Steger, Mr Gerst and Mr Olson were identified as Super Lawyers, while Elizabeth Koehn was identified as a
Our patent-focused engagements typically fall within the following categories.
In the current patent marketplace, a seller needs an advocate that can get the attention of likely buyers and convince those buyers of the patents’ value. We have a finely tuned sales process, including positioning patent portfolios to maximise sales price, based on the experience of hundreds of successful sales and extensive industry contacts.
We develop and execute innovative licensing strategies based on each individual client’s risk profile to maximise the benefit to the client while reducing risk to a prudent level. And when it is time to head to court, our elite team of patent litigators aggressively pursue clients’ claims.
We advise both debtors and creditors on matters relating to a distressed or bankrupt entity’s intellectual property, including selling non-core patent assets to provide liquidity to the entity or recovery to the estate.
Strategic IP counselling
We counsel clients on how to optimise their investment in patent portfolios and realise maximum return on that investment. Global IP has extensive experience on behalf of companies of all sizes and across many industries, including telecommunications, wired and wireless communications, colour management, defence, e-commerce, digital music, mobile health, financial tools and patent enforcement.
Leading business owners and financiers look to Global IP for our expertise in valuing IP assets. We combine legal and financial expertise to provide patent portfolio valuations used by patent owners, financiers and third parties.
Our experience in a wide array of patent-related engagements benefits our clients, providing a unique perspective on both primary and available alternative strategies. In addition, we maintain a deep pool of US-based lawyers, technical staff and analysts.
Because Global IP is a highly focused boutique law firm, we are selective in the clients we represent and are able to avoid the many conflicts that limit other firms’ abilities to investigate and develop a patent portfolio’s full potential. We share the entrepreneurial and creative spirit of many of our clients. We also retain the flexibility to work under a wide range of fee arrangements.
Global IP Law Group LLC
55 West Monroe
Chicago IL 60603
- Steven Steger, Managing partner