Joel Wacek is a Principal of Hoffman Alvary and has more than fifteen years of experience in the Litigation and Valuation practice area focusing on financial and economic analysis for intellectual property disputes. Mr. Wacek has testified as an expert witness at trial on damages in intellectual property infringement matters, and also provides financial analysis related to commercial disputes, licensing campaigns, and matters before the International Trade Commission.
Mr. Wacek provides expert analysis of the amount of damages arising from the infringement of intellectual properties, including lost profits, price erosion, and reasonable royalties. He is also experienced in preparing analyses of unjust enrichment damages related to the infringement or misappropriation of copyrights, trademarks and trade secrets. A particular focus of Mr. Wacek’s practice involves continually monitoring the developing changes in intellectual property damages case law to inform his complex damages analyses involving patents, trademarks, copyrights, and trade secrets.
Mr. Wacek’s practice also involves assisting patent holders and companies in developing licensing strategies and assisting with finding licensees for intellectual properties. His role in these engagements focuses on market analysis, royalty rate research and the evaluation of potential licensees. Mr. Wacek also frequently evaluates economic and financial issues in matters before the International Trade Commission, including domestic industry, remedy, bond, and other economic issues.
Mr. Wacek was named in the 2019 edition of the IAM Strategy 300 – The World’s Leading IP Strategists, which identifies individuals nominated multiple times by different parties as leading the way in the development and implementation of strategies that maximize the value of IP portfolios.
Mr. Wacek holds an M.B.A. and a Masters of Science in Finance from the Carroll School of Management at Boston College, and a B.A. in both Economics and History from Boston College. He is a Certified Licensing Professional and member of the Licensing Executives Society and International Trademark Association.