RIM’s patent lawyers charge too much

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CashmoneyAfter winding down from the UK win against Visto, a High Court judge has deemed the £5.18m bill from RIM’s lawyers far too high. “For these sums of money, one would be entitled to expect each of them to be able to recite all the documents in the case by heart,” said Justice Floyd. Allen & Overy handled the case, rebuking “The reality is that the legal costs were a tiny fraction of the value of RIM’s business, which was put at risk through this litigation. A&O’s efforts also benefited RIM and the industry by removing Visto’s ability to pursue disproportionate financial gain from the patent.” This actually worked out in Visto’s favour, as they were ordered to pay two thirds of RIM’s reduced legal costs, which totalled £1.6m.