This week we are joined by Shayne Phillips, Director of Analytics Solutions at Anaqua/Acclaim IP. Shayne talks about the value that Patent Agents bring to the legal industry. She explains how Patent Agents can use data to uncover insights about competitors and potential markets, and how they can go beyond the typical patent search to provide competitive intelligence and business intelligence.

She emphasizes how Patent Agents can help R&D teams use the patent literature to their advantage, such as looking for references to answer an office action from an examiner or to conduct a freedom to operate opinion piece. Additionally, Patent Agents can look for trends in what patents a competitor has let die before their statutory term, and what countries they are now filing in where they maybe hadn't before with that particular technology. This can help uncover potential markets and provide insight into what the competitor may or may not know about a particular geographical region.

Many law firms realize the value that Patent Agents can bring to making existing clients more profitable by understanding their patent portfolio as well as uncovering the strategic directions that potential clients may be headed in their patent and overall business goals.

As with many industries, Shayne recognizes that there is a giant role that technology and AI tools will play in the immediate future of the profession. With millions upon millions of patents to parse through, there is definitely value in leveraging the technology to enhance the role she plays in finding the hidden jewels that are buried in patent information.

Join us as we talk with Shayne about her career growth, her move to Texas, and her involvement in the Licensing Executive Society to mentor and connect with the newer generation of LES members.

Shayne's Twitter - @ShaynePhillip15

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Transcript available on 3 Geeks