Vice President at Charles River Associates
Raymond Sims is a vice president in the IP practice at Charles River Associates. He has more than 35 years’ experience consulting for a wide variety of clients on issues relating to valuation, strategic management and negotiating strategy involving IP assets. He frequently advises companies and their counsel on economic issues in commercial litigation and has served as an expert witness in more than 200 patent litigation matters.
Mr Sims has been retained on behalf of both plaintiffs and defendants in high-stakes litigation matters involving patents in a variety of industries, including pharmaceuticals, biotechnology, consumer electronics, medical products, chemicals, automotive, computers and software, telecommunications, aerospace and consumer products. In each of these cases, Mr Sims has used his experience and expertise in patent valuation and economic analysis to determine damages suffered by patent owners resulting from infringement of their proprietary technologies. These damages have included lost profits from lost sales and price erosion, as well as reasonable royalties for use of the asserted patents. Mr Sims’ testimony has been accepted in courtrooms throughout the United States and Canada in more than 70 trials and he has offered opinions in seminal cases involving patent damages, including Grain Processing Corporation v American-Maize Products Company.
Mr Sims has also used his expertise to address the issue of commercial success as a secondary indicia of non-obviousness in cases where accused infringers have challenged the validity of patents. In these cases, he has performed analyses of economic factors critical to assessing the level of, and reasons for, a product’s success in the market.
Before Charles River Associates, Mr Sims headed the IP practice at AT Kearney, Inc, where he was a vice president in the firm’s economic consulting group. Prior to that, he was a partner in Price Waterhouse’s dispute analysis and corporate recovery practice and was co-leader of the firm’s IP practice. In both positions, Mr Sims focused his efforts on consulting on issues relating to intellectual property, especially in litigation matters.