Re: Courting a Jury...Woody Jameson of Duane Morris-key points
in response to
by
posted on
May 19, 2008 06:08AM
The fact that I made a positive comment about the 75% mark in accepting cases is somewhat misleading to those that think that is our probability of winning.
What law firm would accept cases with less than a 50% chance of winning? They all probably see a minimum of 75% success before taking on the case and having considerable expenses.
Even their historical winning percent has no bearing on current lawsuits. It's a matter of can we prove that our patents apply and have other corporations infringed.
Also if we use the 4 million dollar amount per case, if they all were to go to trial, we would have exceeded the total budget allocated for contingency lawsuits as stated in an earlier post where DM uses approx. 4% of their total budget for these lawsuits.
They are banking on settlements; otherwise this process will take longer than we all hope.
Keep in mind that if any single potential infringer proves their case and we lose, then the landslide may impact many if not all of the anticipated lawsuits in a negative way.
I'm only optimistic because DM has accepted the challenge and has every intention of winning, but we may have to wait 18-24 months before we know our future in the lawsuit arena.