Patterson Thuente IP
Patterson Thuente IP is a Minneapolis-based intellectual property law firm serving both businesses seeking IP portfolio optimization and individual inventors needing patent support, with practice areas spanning patents, trademarks, litigation, and trade secrets.
- Company typePrivate
- Founded1991
- HeadquartersMinneapolis, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Patterson Thuente IP does
Patterson Thuente IP is a Minneapolis-based intellectual property law firm founded in 1991, operating from the IDS Center in downtown Minneapolis with a total workforce of 101-250 employees. The firm delivers two primary service lines: IP legal services for businesses (portfolio optimization, patent and trademark prosecution, litigation, and strategic IP counsel aligned with business goals) and IP legal services for individual inventors and entrepreneurs (patent support for first-time and resource-constrained innovators). It also participates in the USPTO Patent Pro Bono Program, serving financially underserved inventors, and positions itself as offering both regional presence and "global reach" for enterprise IP portfolios.
The firm's go-to-market is sales-led and relationship-driven: potential clients initiate engagement through the corporate website (ptslaw.com), direct outreach, or professional referrals, with separate service tracks for enterprise and individual segments. Its revenue model is professional services — legal fees from patent prosecution, trademark registration, IP litigation, trade secret matters, and portfolio management, billed under standard law firm arrangements (likely hourly, flat-fee, or contingency structures typical of IP practices). No pricing is publicly disclosed. Jim Patterson is the named principal associated with the firm's public-facing philosophy on patents as long-term collateral for inventors. Ownership appears to be private and founder-led, with no institutional investors, parent company, or M&A activity disclosed. No proprietary technology platform, AI tooling, or automated legal-tech stack is described in available source material.
Patterson Thuente IP firmographics
Firmographics- Name
- Patterson Thuente IP
- Legal name
- Patterson Thuente IP
- Website
- https://ptslaw.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Patterson Thuente IP is a Minneapolis-based intellectual property law firm serving both businesses seeking IP portfolio optimization and individual inventors needing patent support, with practice areas spanning patents, trademarks, litigation, and trade secrets.
- Ownership category
- akta.pro rank
Patterson Thuente IP industry classification
Industry- Product category
- Intellectual Property Legal Services
- SIC
- Services-Legal Services (8111)
- akta.pro primary industry
- Intellectual Property (IP) Law (BPAHAAAF)
- akta.pro secondary industries
- Patent Prosecution & Portfolio Management (BPAHAMAA), IP Litigation & Dispute Resolution (BPAHAMAE), IP Search, Watch & Competitive Intelligence (BPAHAMAI)
Keywords
Where Patterson Thuente IP is headquartered
LocationHeadquarters
- HQ city
- Minneapolis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Patterson Thuente IP business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Legal Services - IP Law: Professional legal services for intellectual property protection including patent filing, trademark registration, and IP portfolio management. Revenue generated through legal fees for businesses and individual innovators seeking to protect their intellectual property assets.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Patterson Thuente IP product offering
Product offeringCore offering
Patterson Thuente IP is an intellectual property law firm that provides legal services for protecting, managing, and monetizing IP assets, including patent prosecution and filing, trademark registration, trade secret protection, IP litigation, and strategic portfolio counsel. The firm delivers these services through two primary offerings: IP legal services tailored to businesses seeking to optimize complex IP portfolios aligned with commercial goals, and IP legal services tailored to individual inventors and entrepreneurs seeking to secure and maximize the potential of their inventions.
Product overview
Patterson Thuente IP is a law firm offering a unified suite of intellectual property legal services. The firm provides two primary service offerings: IP Legal Services for Businesses (strategic legal guidance for portfolio optimization and protection aligned with business goals) and IP Legal Services for Individuals (expert patent support for individual innovators). Both service lines share the firm's core competencies in patent prosecution, trademark protection, and strategic IP counsel.
Differentiator
Problem solved
Functional benefit
Products and services
- IP Legal Services for Businesses Strategic legal guidance for businesses to optimize and protect their intellectual property portfolio, covering patent prosecution, trademark registration, trade secret protection, IP litigation, and global IP strategy aligned with business goals. The offering is aimed at companies ranging from emerging ventures to global enterprises managing complex IP portfolios.
- IP Legal Services for Individuals Expert patent support and IP legal services designed for individual innovators and first-time inventors to secure inventions and maximize their commercial potential, supplemented by the firm's participation in the USPTO Patent Pro Bono Program for underserved inventors.
Companies that use Patterson Thuente IP
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
Patterson Thuente IP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Patterson Thuente IP partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- USPTO Patent Pro Bono ProgramcorePatterson Thuente participates in the USPTO Patent Pro Bono Program, providing patent assistance to underserved inventors who lack financial resources. This program aligns with the firm's stated mission of advocating for both business clients and underserved inventors, demonstrating commitment to accessibility and inclusion in IP services.
Scale indicators1 record
Recent moves3 records
Expansion highlights3 records
Patterson Thuente IP competitors and assessment
Company assessmentDirect peers
- Fish & Richardson: Large national IP-only law firm with deep patent prosecution and litigation practices. Comparable as a direct IP-specialty competitor serving similar enterprise clients with overlapping services.
- Schwegman Lundberg & Woessner: Minneapolis-based IP boutique focused on patent prosecution and portfolio management. Direct comparable as a regional, IP-specialty firm of similar size and practice mix in the same metro.
- Knobbe Martens: IP specialty firm with strong patent prosecution and litigation capabilities, particularly in technology and life sciences. Comparable in offering mix and enterprise focus.
- Oblon: IP-focused law firm centered on patent prosecution and related contentious work. Comparable as a dedicated IP boutique serving similar enterprise and individual inventor clients.
- Banner Witcoff: IP-specialty law firm focused on patent prosecution, litigation, and trademark work. Direct peer in core services and IP-only positioning.
- Harness IP: IP-focused law firm with patent, trademark, and litigation offerings for technology and consumer product clients. Direct comparable in the IP-specialty segment.
- Finnegan: IP-focused law firm specializing in patent prosecution, litigation, and portfolio strategy. Direct peer in core practice areas and target customer segments (IP-intensive enterprises).
Broad incumbents
- Cooley LLP: Major national full-service firm with a sizable IP practice covering patents, trademarks, and litigation. Broad incumbent competing for the same enterprise IP work as part of a wider service portfolio.
- Foley & Lardner: Large full-service firm with a strong IP and patent prosecution practice. Broad incumbent competing for enterprise IP mandates, especially in technology and life sciences.
Regional players
- McDonnell Boehnen Hulbert & Berghoff: Chicago-based IP boutique with comparable patent prosecution and litigation capabilities. Regional peer with overlapping practice areas but a different geographic base than Patterson Thuente's Minneapolis footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
Patterson Thuente IP social profiles
Digital presencePatterson Thuente IP financial estimates
Financial estimateRevenue estimate
Valuation estimate
Patterson Thuente IP leadership team
Management profileNumber of profiles
Profiles1 record
Patterson Thuente IP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Patterson Thuente IP M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Patterson Thuente IP
What does Patterson Thuente IP do?
Patterson Thuente IP is an intellectual property law firm that provides legal services for protecting, managing, and monetizing IP assets, including patent prosecution and filing, trademark registration, trade secret protection, IP litigation, and strategic portfolio counsel. The firm delivers these services through two primary offerings: IP legal services tailored to businesses seeking to optimize complex IP portfolios aligned with commercial goals, and IP legal services tailored to individual inventors and entrepreneurs seeking to secure and maximize the potential of their inventions.
Is Patterson Thuente IP a public or private company?
Patterson Thuente IP is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Patterson Thuente IP founded?
Patterson Thuente IP was founded in 1991. It employs 101 to 250 people.
Where is Patterson Thuente IP based?
Patterson Thuente IP is headquartered in Minneapolis, United States, in the North America region.
How does Patterson Thuente IP make money?
One revenue line is on record: legal Services - IP Law.
Who are Patterson Thuente IP's main competitors?
Direct peers on record are Fish & Richardson, Schwegman Lundberg & Woessner, Knobbe Martens, Oblon, Banner Witcoff, Harness IP and Finnegan. Broad incumbents are Cooley LLP and Foley & Lardner. McDonnell Boehnen Hulbert & Berghoff is listed as a regional player.
Does Patterson Thuente IP have an API?
No public API is recorded for Patterson Thuente IP.
What industry is Patterson Thuente IP in?
Patterson Thuente IP's product category is Intellectual Property Legal Services. Its primary akta.pro industry code is BPAHAAAF, Intellectual Property (IP) Law, with a secondary code of BPAHAMAA, Patent Prosecution & Portfolio Management. Its SIC code is 8111.