Many large companies, especially in the technology industry,often are sued by smaller companies or individuals claiming patentinfringement, and they have comprehensive, carefully crafted patentinfringement coverage. But what about the reverse situation inwhich the large company sues the smaller inventor?

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All companies, regardless of size, that have some form ofintellectual property should discuss intellectual property coveragewith their agents or brokers. According to IntellectualProperty Insurance Services Corporation, the average patentlawsuit costs each side approximately $2.5 million in legal feesand expenses to litigate through trial, not including damages andsettlements. That bill could put a small company out of businessquickly.

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The following companies have been sued the most over theirpatents to date in 2015. Could your company be next?

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statistachartoftheday3699thecompaniessuedthemostov

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Source: Statista

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Rosalie Donlon

Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].