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| www.incspot.comContact UsArchive | August/September 2007 |
| Trademark Trends: The Q1-2007 Trademark Insider® Finds the Trademark Industry Off to a Strong Start
The trademark industry has been on an upward trajectory for the past several years and shows no signs of tapering off in 2007. Trademark practitioners filed an impressive 75,438 trademark applications in the first quarter of the year, eclipsing last year’s Q1 filing number of 70,860. A quarterly publication on the trademark industry, the Trademark Insider provides the general business and legal community with insight into overall trademark filing activity, a ranking of leading trademark law firms and companies, and an analysis of overall industry trends. The Trademark Insiderhas tracked trademark filing data since 1997, documenting the meteoric rise in filing numbers that occurred during the dot.com boom years of 1999 and 2000. Gravity tells us that what goes up must come down and the 2001 and 2002 data showed that the trademark industry was not immune to the laws of nature. Filing numbers fell from a record-setting 286,206 in 2000 to just 213,256 in 2002. Ever since then, the industry has been rebounding nicely, with filing numbers steadily climbing back towards previous volumes. Thus far in 2007, the trademark industry shows no sign of decline. Q1-2007 filing volume of 75,438 represents a 6% growth rate over Q1-2006 filings. It marked the fifth straight year of first quarter growth and the highest filing volume of any quarter since Q2-2000. And the success is being shared by all in the industry. Only 10% of the total Q1-2007 applications were filed by the top 25 law firms and top 25 corporations, as ranked in the Trademark Insider. Certain geographic areas do seemed to be favored, however. The top 5 trademark markets – New York, Los Angeles, Washington DC, Chicago and Philadelphia – accounted for almost 35% of the quarter’s total filing volume. The continued growth begs the question of whether it is sustainable; every quarter is regarded as a test of gravity. For now, the industry is enjoying an enviable period of success. It has not faltered in times of economic and political uncertainty and continues to adapt to an ever-evolving global – and increasingly cyber – economy. How long the trademark industry can defy the laws of gravity is anybody’s guess. What is certain is that the Trademark Insider will be there to document it every step of the way. The Trademark Insider will continue to track industry trends; look for the Q2-2007 report in October – Sign-up today to ensure you receive the next issue. |
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