A wealth of information is located in the patent archives of the United States Patent and Trademark Office (USPTO). The USPTO’s PAIR system offers easy access to those archives, but since the USPTO is receiving roughly 500,000 new patent applications each year, the thought of using PAIR to comb the archives for actionable information can be overwhelming. Patent practitioners need a superior tool in their arsenal to size up patent prosecution – a tool they can use to make accurate patent prosecution predictions and informed patent prosecution decisions. Truly actionable patent data exists where information aggregation, presentation, and navigation intersect, and that is exactly where you will find the QuickPAIR feature within LexisNexis PatentAdvisor®.
Sizing Up Your Art Unit
An analysis of the art units where your patent application is most likely to be assigned is a great place to start if you are looking for patent prosecution insights before you even draft your patent application. PatentAdvisor™ has aggregated patent data pertaining to all USPTO art units, and QuickPAIR makes it a breeze to find each art unit’s patent statistics. QuickPAIR gives patent practitioners the ability to use timelines to visualize how the prosecution is likely to take place if their patent application is assigned to a particular art unit. By exploring this timeline, patent practitioners can predict the types and quantities of rejections their patent applications will receive, the number of interviews that may be necessary before their patents grant, and the likelihood that their patent applications will be granted at all. By utilizing patent statistics such as these, patent practitioners can manage client expectations, estimate prosecution costs, and determine the benefits of prosecuting their patent applications with greater confidence.
Sizing Up Your Examiner
Once you have filed your patent application, the fate of its future lies in the hands of your patent examiner. Patent data analytics make it clear that every patent examiner handles examination differently. Each patent examiner is accompanied by a particular set of statistics, such as the percentage of patent applications that they allow to grant and the average number of office actions and interviews they require before that point. QuickPAIR gives patent practitioners access to patent examiner statistics so they can develop the patent strategies that minimize prosecution costs and maximize patent application allowance. QuickPAIR even includes prosecution guidebooks that highlight potential patent prosecution decisions, such as the decision to request an early interview with your patent examiner, which yielded improved prosecution efficiency for patent practitioners who faced your patent examiner in the past.
Sizing Up Your Competition
A single patent can mean a huge advantage in a competitive market. As a result, businesses should be concerned about more than just the patents they have in their own pipeline. With QuickPAIR, businesses can find, track, and predict the viability of each of their competitors’ pending patent applications. By using QuickPAIR to analyze the patent statistics of the art units and the patent examiners assigned to competitors’ patent applications, businesses can make proactive business decisions and adapt to changing markets to ensure continued survival in their industry. Whether it is their strategy or their competitors’, businesses and patent practitioners can evaluate patent prosecution from all angles with PatentAdvisor and QuickPAIR.