November 18, 2011 (Mountain View, CA) – Rajiv Patel, partner in the Intellectual Property Group of Fenwick & West, was recently quoted in the Daily Journal article "Legal Services Take a Hit While Patent Office Flourishes."
On Thursday, November 17, the House approved a spending bill that will increase funding for the US Patent and Trademark Office by 28 percent. While the bill will increase funding in this area, it will also cut other budgets such as those for Legal Services Corp. and possibly the Environmental Protection Agency.
The increased funding of the Patent Office will raise the budget by $588 million, allowing the agency to handle their application backlog and hire new examiners.
Rajiv Patel said the funding boost is necessary because the office must implement the patent reform law passed earlier this year, which represents the first major changes to the patent system in six decades.
Mr. Patel went on to say, "Much of [the new law] requires the Patent and Trademark Office to undergo substantial changes in how it re-examines patents and manages patent disputes. That's going to require funding to set up."