David J Teece

Executive chairman at Berkeley Research Group, LLC
Ranked in United States: Expert witnesses
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Maximising the value of its clients’ intangible assets is the mission of Berkeley Research Group, and it achieves this goal with finesse in big-ticket transactions and high-stakes litigation. Teamwork is a key ingredient in the outfit’s success, with one especially effective pairing being formed by Cathy Lawton and Joshua Lathrop; they have recently been supporting Genentech and Williams & Connelly in providing analysis of Genentech’s reasonable royalty damages attributable to Def’s alleged infringement of three patents related to Amgen’s at-risk launch of MVASI, a biosimilar version of Genentech’s Avastin. Lawton and Lathrop bring vast experience to the firm; the former is noted for her broad compass and proficiency in intellectual property and other types of litigation; the latter knows the ITC extremely well. Lawton has also linked up with David Teece on a recent case relating to certain functionality used in WiFi chips in smart devices. Teece co-founded BRG and is an eminent economist who has made a huge contribution to the field as an academic and practitioner. Other big names on the roster include Jeffery Stec and William Kerr. Leader of the IP practice Stec has “a keen mind and lots of experience and brings worldly wisdom to his matters. He demonstrates all the professional skills and talents you hope to see, as well as a sense of humour that makes working with him easy and enjoyable”. Kerr has testified many times and is a fount of insight and analysis when it comes to IP damages.

David J Teece's Profile

Dr David J Teece is an economist with a special interest in the economic, management and policy issues surrounding technological change and innovation, particularly as they relate to antitrust and competition policy and intellectual property. He is the professor in global business and director of the Tusher Initiative for the Management of Intellectual Capital at the Haas School of Business at the University of California, Berkeley. Dr Teece has a PhD in economics from the University of Pennsylvania and has held teaching and research positions at Stanford University and Oxford University. He has received nine honorary doctorates and has over 30 years of experience as an active consultant performing economic, business and financial consulting services to businesses and governments around the world.

He has worked on matters in industries ranging from music recording to DRAMS, software, mobile phones, oil, gas and batteries and has testified in both federal and state court, before Congress and before the Federal Trade Commission, as well as in several international jurisdictions. He is the author of more than 200 books and articles, and is the co-editor of Industrial & Corporate Change (Oxford University Press). According to Science Watch (November/December 2005), he is the lead author on the most cited article in economics and business worldwide from 1995 to 2005. In 2020 he was ranked as the world’s most-cited scholar in the combined field of business and management in an analysis of science-wide author citations published in PLOS Biology, a peer-reviewed journal. He has been recognised by Accenture as one of the world’s top 50 business intellectuals and was inducted into the 2020 Thinkers50 Hall of Fame. In addition, he is among the A-List of Management Academics 2011, an honorary group of 30 accomplished and distinguished US business professors. He is also an active investor and entrepreneur.

Visit Dr Teece’s website at davidjteece.com.

Firm Profile

Berkeley Research Group (BRG) is a global consulting firm that helps leading organisations advance in three key areas: disputes and investigations, corporate finance, and performance improvement and advisory. We have over 1,200 professionals worldwide who provide independent and objective economic analyses, litigation support and expert testimony on prominent litigation cases in court proceedings, arbitrations and mediations, and before governmental agencies.

IP overview

BRG’s IP practice is led by Chicago managing director Jeffery A Stec. Our experts excel in advising clients on how effectively to develop, manage, value, monetise and protect their intangible assets in the face of high-stakes litigation, important strategic decisions, business transactions, structured finance, commercialisation, wrongful transfer of assets and/or compliance issues. Our experts’ experience in litigation covers a wide range of IP disputes, including allegations of patent, copyright and trademark infringement, and theft of trade secrets. Our experts regularly testify on damages, injunctions, irreparable harm and commercial success. They also deal with the IP aspects of tax and international trade disputes, as well as breaches of contract and technology agreements.

Our experts have worked on some of the world’s largest patent infringement, trade secret misappropriation and copyright infringement cases for both plaintiffs and defendants. They have special experience and expertise in issues raised when patents must be practised to comply with technical standards and on matters involving intellectual property and antitrust.

What we do

Our experts advise our clients on how effectively to develop and realise the value of their intangible assets through the execution of IP strategies, which includes the assessment and valuation of their intellectual property. Our experts have a wealth of IP valuation and IP strategy experience across a wide range of industries and technology areas.

Our experts also advise on all stages of litigation, including the development of quantitative financial models related to lost profit and reasonable royalty damages, prejudgment interest and competitive aspects of relevant markets. They frequently deliver testimony on these issues in federal and state courts, before the US International Trade Commission (ITC), Copyright Royalty Board, Federal Trade Commission, as well as other government organisations, and before domestic and international arbitration panels.

Our services include:

  • asset management and valuation;
  • assessment of economic harm or damages from infringement or misappropriation;
  • evaluation of economic factors related to injunctions;
  • development of strategic licensing programmes and market intelligence;
  • definition of relevant IP and antitrust markets;
  • misuse and antitrust claims related to intellectual property;
  • price erosion and suppression claims;
  • royalty audits and compliance;
  • transfer pricing;
  • ITC Section 337 matters;
  • royalties and economic impact of RAND and FRAND commitments;
  • evaluation of commercial success;
  • economic significance of Hatch-Waxman settlements; and
  • irreparable harm analyses. 

Recent awards

Global Competition Review (GCR) has ranked BRG in the GCR 100 and in its Economics 23 for the 10th consecutive year. Chambers ranked BRG as a Band 1 Firm for global Economic Analysts in its 2021 Litigation Support guide. The firm also has numerous experts listed in Who’s Who Legal (WWL) with WWL ranking professionals “for their impressive work across a wide variety of matters including valuations, compliance issues, and are well versed at giving testimony on commercial disputes”. In addition, Forbes named BRG as one of “America’s Best Management Consulting Firms” in 2021.

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