You have just heard that your company or law firm has purchased a subscription to the LexisNexis PatentAdvisor patent software service.
Although the reputation of PatentAdvisor as a competitive advantage is often well known, many patent professionals still have questions about what the data analytics tool can do and how it works.
Here are four questions we hear most often:
Where do you get the data?
All the data in PatentAdvisor comes directly from the United States Patent and Trademark Office. USPTO Public PAIR data is retrieved via the agency’s public data portal. Individual subscribers to PatentAdvisor can supplement the public PAIR data with their own private PAIR data, affording them access to the most comprehensive single repository of relevant patent information available anywhere.
How do you keep the data updated?
The business axiom that “time is money” has never been truer. The technology-heavy industries of today’s global economy must move quickly to take advantage of opportunities and minimize risk. In this context, waiting weeks for patent office information is no longer feasible.
PatentAdvisor pulls the most up-to-date information from the USPTO. LexisNexis continually crawls the USPTO Public PAIR portal and downloads patent documents, including image file wrappers. PatentAdvisor is then updated with documents as the USPTO makes them publicly available.
Do you change the data?
When PatentAdvisor pulls updated information from the USPTO, it creates a single .ZIP file for each patent application. Apart from this repackaging into compressed data format files, all PAIR documents are imported unchanged into PatentAdvisor. The real power of patent intelligence tools such as PatentAdvisor comes from the powerful analytics tools that then allow that data to be sorted and filtered to reveal insights previously unavailable to patent practitioners.
You can’t pick your examiner so how much control do you actually have?
The U.S. patent system does not give applicants the power to pick their patent examiner. Which USPTO examiner your application is assigned to is random. PatentAdvisor, however, enables applicants to better understand the examiner to whom they are assigned. It offers very detailed data on any examiner’s previous examination history, as well as the art unit that is processing the application.
Equipped with that data, patent professionals can make important decisions that will help improve their patent prosecution outcomes. PatentAdvisor also allows subscribers to learn whether an examiner is more likely to grant allowances following requests for continued examination (RCE), or how often a particular examiner is overturned on appeal. This knowledge can help inform a better strategic approach based on previous examiner behaviors.
PatentAdvisor information can also provide guidance about how long it has historically taken a patent examiner to file an initial office action can help set or revise timing expectations, project schedules, and create budgets.