Phillip Shotts

Background

About Phillip Shotts

As a results-driven legal professional, I have experience in delivering strategic IP advice, negotiating commercial agreements and licenses, and conducting legal research across multiple business units.With 15+ years of experience, I have utilized my effective detail-oriented and growth-focused mindset to formulate legal strategies to develop and protect intellectual property, resolve business deals and enhance products by creating and leveraging trademarks. Being a servant leader, I have developed and mentored teams with a keen focus on encouraging cross-team interaction. My versatile expertise lies in resolving patent prosecution, contract negotiations, infringement assessment, patent infringement litigation, and licensing issues. I hold a proven record of instructing executives with legal opinions (Freedom to Operate - FTO, Prior Art, Infringement, and Design-Around Strategies) and due diligence to evaluate business options and outcomes as a trusted advisor and subject matter expert.A few of my career highlights include:• Drafted and negotiated commercial agreements, bid packages, vessel charters, and technology development deals at Magseis Fairfield by closely coordinating with internal and external clients. • Succeeded in reducing patent prosecution budget from $1M to $400K by revising patent filing strategy and processes and transitioning outside counsel.• Functioned as an Assistant General Counsel & Director of Intellectual Property to administer annual IP budgets of $1M for prosecution and $1M+ for patent litigation.• Contributed to maximizing the value of new patent filings and existing portfolios by implementing patent strategy.“Intellectual property is a key aspect for economic development”– Craig VenterSpecialties: Corporate Legal Representation, Patents, Trademarks, Trade Secrets, Patent Prosecution, Due Diligence, Legal Opinions, Contracts, Negotiation, Case Management, Patent Infringement Litigation, Litigation Management