Because intellectual property is intangible in nature, its value is not related to physical properties. Instead, the value of intellectual property is in the owner’s ability to retain an exclusive right to use, manufacture, reproduce, or promote a unique creation or idea. When a wrongdoer uses or profits from the intellectual property owned by another, the owner may suffer damages.
Our team of professionals has developed expertise in the analysis of economic damages in the context of IP disputes by leveraging our experience, qualifications, and knowledge of IP strategy and transactions. Our professionals include CPAs, MBAs, JDs, and Certified Licensing Professionals with extensive experience navigating the IP litigation landscape. We combine our extensive experience with IP damages analysis, an up-to-date knowledge of relevant case law, and real-world licensing and transactional experience to help our clients realize an optimal outcome.
Our testifying experts have considerable experience in assessing remedies available to intellectual property owners. Whitley Penn can help owners with an accurate appraisal of the damages sustained. We apply standard methodologies including lost profits, reasonable royalty, and unjust enrichment, as well as other calculations necessary to provide an assessment of the damages incurred by the intellectual property owner.