04 July 2011
MIP reports D Young & Co's client driven "leap" to establish the first UK LDP
Managing Intellectual Property Magazine discuss the "biggest set of changes in a generation" influencing European IP services (June edition 2011) with reference to D Young & Co's newly established Dispute Resolution & Litigation Group and the establishment of the first UK LDP.
"Now regulatory changes are making it easier for firms to combine IP prosecution and legal services. The UK's Legal Services Act creates so-called legal disciplinary practicies LDPs), which enable partnerships to have 25% of their partners from a different profession"..."One firm that has already made the leap is patent and trade mark firm D Young & Co, which has 31 partners in London and Southampton. In January this year it hired IP litigator Ian Starr from City law firm Ashurst along with another partner [Tamsin Holman] and two associates [Cam Gatta and Anna Reid]. Head of trade marks Jeremy Pennant says the move was "totally client-driven, particularly in trade marks". He explains that clients made it clear they wanted a one-stop shop: "Disputes are not straitjacketed into one single issue; clients want broader general IP advice." The firm is now advertising to hire more solicitors. "We've had more responses than we've ever had for any other positions we've ever advertised," says Pennant. Starr...describes the work in the new environment as "better hours, nicer people, a smaller firm, a better quality of life"."
"Attorneys at other firms told Managing IP they are observing D Young's activity closely. One partner at a mid-size UK firm said: "I'd be very surprised if we don't also recruit solicitors at some point soon. We've already had a lot of expressions of interest." Aside from the looser regulatory regime introduced by the Act, there is consensus that the symbiotic relationship whereby patent attorney firms and law firms refer work to each other is becoming less important, so they have less to lose from competiing with each other. "I would be extremely surprised if larger attorney firms have not followed suit in the next three to five year," says Pennant. Starr adds: "Ten years ago, the loss of referral work would have been a greater concern. But over the last 10 years the landscape has changed markedly." He adds that though he no longer receives instructions from other patent attorney firms, he can now work with firms of solicitors that do not have an IP practice."
Source: June 2011 Managing IP Magazine 'Europe's IP Revolution' written by James Nurton.
The full Managing IP article can be viewed here (subscription only): http://www.managingip.com/Article/2838602/Europes-IP-revolution.html
About the D Young & Co Dispute Resolution & Litigation Group
The D Young & Co Dispute Resolution & Litigation Group has extensive experience in all forms of IP enforcement and exploitation, particularly dispute resolution and general commercial litigation. Partners Ian Starr and Tamsin Holman have over 40 years of relevant IP experience between them and are supported by two additional new recruits, Associate Solicitors Cam Gatta and Anna Reid.
Jeremy Pennant, Partner and head of Trade Marks, comments:
"This development enables D Young & Co to expand our range of services, so that clients can resolve disputes and enforce their rights, without having to employ the services of a separate law firm. Increasingly, clients are requiring us to manage their contentious work, and we will now be able to offer court litigation services as well as the full range of alternative dispute resolution procedures. The ability to do so as a single firm permits us to both strengthen and streamline the services offered to clients in a cost effective manner and to ensure continuity in the quality of service they have come to expect from D Young & Co."
"Ian and Tamsin bring a wealth of knowledge and experience and we are excited at the prospect of their arrival. We are also delighted to welcome new recruits Cam Gatta and Anna Reid to expand this new team."
About D Young & Co LLP
D Young & Co ranks as one of the top firms in the UK in size and in Europe. We have 57 fee earners, including 45 qualified patent and trade mark attorneys.
The firm has regularly been recommended by Legal 500 as a top tier UK patent and trade mark firm, won the MIP UK Patent Prosecution Firm of the Year in 2009, is ranked top tier by MIP for trade mark services, and is ranked top tier for patents and trade marks by Chambers UK. D Young & Co proudly represents 10 of the top 100 global brands (Business Week, September 2009), namely Gillette, LVMH, Pepsi, Sony, Budweiser, UPS, Johnson & Johnson, Duracell, Ferrari and Burger King.
The introduction of the Legal Services Act provides for the establishment of Legal Disciplinary Practices (LDPs). These allow patent and trade mark attorneys to work together with solicitors in a single firm offering litigation and dispute resolution services. An LDP is a recognised body providing legal services where the owners and managers are not all a single type of legal practitioner.
Jeremy Pennant, email@example.com, www.dyoung.com/jeremypennant
Ian Starr, firstname.lastname@example.org, www.dyoung.com/ianstarr
Tamsin Holman, email@example.com, www.dyoung.com/tamsinholman
Cam Gatta, firstname.lastname@example.org, www.dyoung.com/camgatta
Anna Reid, email@example.com, www.dyoung.com/annareid
The full Managing IP article: http://www.managingip.com/Article/2838602/Europes-IP-revolution.html
D Young & Co LLP www.dyoung.com
The Legal Services Act 2007 www.legislation.gov.uk/ukpga/2007/29/contents