The Promotion Process at Chung and Dasgupta Llp - Resume
Autor: Rui Coelho • December 9, 2017 • Course Note • 1,163 Words (5 Pages) • 777 Views
The promotion process at Chung and Dasgupta,
Chung and Dasgupta, a leading intellectual property litigation firm from Cambridge. Although the great workload, two Associate employees, Jordan Ramirez and Casey Clark, were still in the office.
They were preparing a review meeting were Casey would have to evaluate Jordan’s performance over the last year, and where, Mona, a colleague, would probably be announced as a Partner. This promotion gave them something to think about, the first ever Associate promoted early, has the same service time in the company as Jordan and are both considered as the highest performing.
C&D were founded by two friend with both having engineering backgrounds, additionally both were born outside the USA. Both of them entered the legal profession after experiencing firsthand the complex legal landscape facing technical innovators, as well as the possibility that years of hard work could get expropriated by others. So they decided to become Intellectual Property (IP) lawyers. Afterwards, they decide to found the company in Boston since it was an active intellectual center with prominent Universities, but without a prominent law firm focused solely on IP litigation.
C&D faced an instantaneously success and continues to be one of the legal areas with more potential since the number of patents actions continues to grow. With an aggressive approach they have a reputation for protecting the small guy (“who affirms their IP was stolen by the big guy), and in cases that are more likely to result in litigation rather than in settlement (due to their expertise and also since they are able to generate more revenues due to legal fees and higher values involved). Although the various form of payment (percentage of any award amount, number of hours worked, among others) the type of cases of C&D tend to accept provide them with higher revenues and profits than the industry average.
With approximately 250 lawyers, the leverage ratio of C&D is quite high when compared with other companies in the industry, however, due to its consistently top ranks as one of the top IP firms is able to attract the “best and the brightest” young lawyers from the country (with most of them having additional degrees in technical fields, helping to create expertise).
Intellectual property is “any product of the human intellect that the law protects from unauthorized use by others”, which are normally protected by patents, allowing the others from making, using or selling the invention. Tendency, show that the number of patent cases filed is highly correlated with the number of patents granted annually. In a patent infringement case the patent holder must prove that the defendant either infringed directly a claim of the patent, contributed to another’s infringement or induced another to infringe.
...