Strikingly, the number of cases filed in 2023 (3,111) represented a nearly 20% drop from cases filed in 2022. Even more striking, that number of filings represents nearly a 50% drop in cases from the 2015 high.
We can debate which plaintiffs fit within the definition of HVP, but that debate will take place on the margins. What is clear, however, is that if we presume that most HVP-brought patent cases are 'quick hitter' attempts at driving low-value or nuisance settlements, then the impact on career prospects for most patent litigators due to the overall decline in number of cases filed is mitigated by the fact that the number of contested patent cases is remaining pretty steady.
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