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The Lackenbach Advantage
Lackenbach Siegel LLP (gLSLLPh) is a venerable intellectual property boutique.
For our nearly 85-year history, our practice has been devoted exclusively to
trademark, copyright, advertising, patent, trade secret, and related matters. We
provide our clients with a full range of intellectual property legal services,
including general counseling, litigation, licensing, searching, clearance,
application preparation and prosecution, assignment, acquisition and other
agreement work, including the due diligence in connection with such matters.
Our
attorneys are well known and well respected authorities in their respective
areas of expertise. For example, despite our relatively small size, one of our
partners regularly ranks among the top 10 trademark filers in the entire
country. This high volume registration practice creates the need to negotiate
and draft large numbers of co-existence agreements. And the large number of
applications and registrations we service results in a vigorous practice before
the TTAB. Fortune 500 companies, fashion industry leaders, and celebrities seek
us out to litigate matters across the country. Indeed, litigation on behalf of
a large stable of fashion industry and hand tool clients has been a foundation
of the firm since its formation in the 1920fs.
We are
routinely called upon by brand management companies and other IP dependent
businesses to negotiate, draft, and conduct all necessary due diligence in
connection with asset purchase, assignment, and other acquisition agreements,
sometimes worth hundreds of millions of dollars. We have been called upon to
offer IP advice and opinions in connection with the financing of these
acquisitions. We additionally help our clients profit from the ownership and
use of trademarks and patents through licensing, both as licensors and
licensees. As licenseesf counsel, we have obtained the right to use valuable
movie and character properties and designer marks for a variety of clothing and
accessory products. Working on behalf of licensors, we have helped a number of
designers grow from single product producers to household name glife styleh
brands. In fact, for one client alone, we helped negotiate and draft nearly 60
licenses in just a two-year period. Our experience in this area included
serving as licensorsf counsel for some of the first large-scale licensing
programs for fashion designers such as Geoffrey Beene, Bill Blass and Anne Klein
in the 1970fs.
In the
current age of the gmega-firmh which has seen most other intellectual property
boutiques disappear through merger or acquisition, LSLLP has survived - indeed,
thrived - by adapting and evolving. Though relatively moderate in size, we
number as many attorneys and support staff as many large firm IP departments. Through our unique hiring and staffing practices, we can accomplish more than
our mere numbers would suggest. At LSLLP, we do not have any attorneys with
less than 15 years of IP experience; the average attorney having over two
decades experience in IP law. And unlike many firms, our attorneys do not act
as generalists who try to fulfill all the needs of their individual clients. Rather, our attorneys develop and hone sub-specialties, and share their
expertise with all of the firmfs clients. No client pays for on the job
training. Any IP matter that a client may call upon us to do, the assigned
attorney will have already done and likely done it many, many times before.
Despite
this high level of relevant experience and expertise, our attorney billing rates
are substantially lower than our large firm counterparts of like experience. This is accomplished through our Westchester location and our extreme efficiency
(brought about by our expertise), which allows us to operate at much lower
overhead than most law firms. Our experience and sub-specialization, coupled
with our absence of junior associates who would be forced to learn as they go,
permit LSLLP to staff matters with fewer attorneys than would be needed
elsewhere. Fewer attorneys, billing at lower billing rates, result in drastic
cost savings over other firms that offer comparable services. This unique
business model - offering only highly experienced attorneys - who accomplish
tasks quickly and efficiently, while charging very reasonable rates - has
permitted LSLLP to flourish and prosper while many IP boutiques have
disappeared. We believe this business model and our highly specialized skill
sets make LSLLP uniquely qualified and attractive to most clients.
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