Craig Carothers — General Counsel, Partner, Monetization Strategy
Craig Carothers is a registered patent attorney with 30 years of diverse technical, legal and business experience. His broad background ranges from complex patent-centric transactions, to IP risk management best practices to patent litigation and licensing.
Craig has designed and implemented a variety of IP monetization initiatives including the strategic sale and acquisition of patent assets, direct investment into IP portfolios and monetization initiatives, development of IP-backed debt instruments, and a number of technology commercialization efforts. He co-founded and served as Executive Vice President of Litigation Risk Management, Inc., a pioneering IP consulting firm focused on monetization, risk management and capital deployment. He then co-founded the Intellectual Asset Management Practice of Marsh, Inc. Craig has personally developed hundreds of IP investment risk profiles involving a broad range of technologies and industries.
Craig has worked with, and on behalf of, individual inventors, global consumer electronics companies, universities, Fortune 100 companies, venture capital firms, investment banks, and underwriters at Lloyd’s of London. He is especially adept at communicating complex IP investment opportunities to non-attorney decision makers.
He spent his early career at NASA’s Space Shuttle Program. Beginning with Shuttle Operations in the Mission Control Center in 1983, he rose rapidly through increasingly responsible positions in Shuttle Program Management. Later as a registered patent attorney, he focused on NASA technology transfer, licensing and commercialization.
Craig obtained his law degree from the University of Houston Law Center in 1995. Upon his graduation, the Law Center created “The Carothers Prize” to honor his contributions to both the university and the intellectual property profession. The Carothers Prize is awarded annually to the graduating law center student who has done the most to advance the study of intellectual property in the United States. Craig received an MS in Engineering Management from the University of Houston in 1986 and a BS in Mechanical Engineering from Texas A&M University in 1982.