Episode 79

Understanding the Future of Patent Law with Patsnap’s Matt Veale

AVAILABLE ON
AVAILABLE ON
Episode 79

Understanding the Future of Patent Law with Patsnap’s Matt Veale

Cover of SpotDraft guide titled Building Smarter In-House Teams with photos and names of four professionals: Adam Becker, Akshay Verma, Tommie Tavares-Ferreira, and Kevin Cohn.
Here’s how Adam Becker at Cockroach Labs turned AI from experiment into daily legal ops power.

Summary

Key Insights

1. IP Is One of the Most Valuable Assets a Company Owns

Matthew stresses that IP includes much more than patents — trademarks, trade secrets, design rights, data systems, and know-how all shape competitive advantage.

His example: even if Coca-Cola lost its factories, the brand + recipe alone could rebuild the company.

For modern GCs, IP is not legal hygiene — it’s a core business asset that requires intentional stewardship.

2. Patent Examiners Are Human — Strategy Should Reflect That

From his UK IPO experience, Matthew explains that successful applications aren’t just technically correct — they’re persuasive.

Key lessons:

Communicate clearly.

Explain the problem being solved.

Make claims defensible, not overreaching.

Understand the examiner’s perspective.

Great patent attorneys succeed because they argue well, not because they draft long descriptions.

3. Use Data, Not Guesswork, to Shape Patent Strategy

Historically, companies filed patents blindly. Now, with tools like PatSnap, teams can analyze:

examiner allowance rates,

competitor filings,

grant patterns by jurisdiction,

prosecution timelines,

R&D trends across industries.

For GCs inheriting legacy IP portfolios, Matthew recommends moving toward data-driven IP management, where insights guide what to file, where to file, and how aggressively to pursue claims.

4. Inventor Incentives Matter — Recognition Is Often the Best Motivator

While bonuses or patent award programs exist, Matthew says most engineers simply want acknowledgment and ownership.

Seeing their name on a patent certificate or plaque builds pride and encourages participation.

GCs should design a repeatable process that makes inventors feel seen.

5. AI Will Transform Patent Work — But It’s Still a Tool, Not a Replacement

Matthew distinguishes between hype and reality:

AI accelerates search.

AI improves diligence.

AI assists with drafting first-pass descriptions.

AI can summarize claims and prior art.

But it cannot replace strategic judgment, claim drafting skill, or risk assessment.

High-risk filings will always require real attorneys — AI will mostly automate the repetitive work.

6. AI Will Also Be Used by Patent Offices

Both sides of the process will deploy AI:

inventors,

attorneys,

examiners.

This creates an “AI arms race” where speed, accuracy, and training data become competitive advantages.

7. The Future IP Attorney Is a Bridge Between R&D + Legal

Matthew argues that IP professionals must be bilingual — technical enough to understand engineering, legal enough to argue with examiners.

Tools can help, but human interpretation remains the differentiator.

8. Closing Insight

AI will make IP work faster — but judgment, strategy, and communication remain the GC’s competitive advantage.

Invest now in a modern IP function, not when something breaks.

In this podcast, we cover


0:00 Introduction
1:51 What inspired Matt to be a lawyer
3:45 What does intellectual property law mean?
5:19 Starting your legal career at the UK Intellectual Property Office
6:50 Tips for people filing their first patent
8:57 Interesting patent applications Matt has seen
9:52 Tips for GCs who inherit corporate patents
12:10 Looking for outside patent counsel
14:05 Patent analytics at PatSnap
17:05 The future of IP law
21:31 AI as a tool for patent lawyers
25:58 Contacting Matt
26:16 Rapid-fire questions
27:28 Book recommendations
28:02 What Matt wishes he knew as a young lawyer

View AI generated transcript

Heading 1

Heading 2

Heading 3

Heading 4

Heading 5
Heading 6

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

Block quote

Ordered list

  1. Item 1
  2. Item 2
  3. Item 3

Unordered list

  • Item A
  • Item B
  • Item C

Text link

Bold text

Emphasis

Superscript

Subscript

Host
No items found.
GUEST
No items found.

Related podcasts