LOCATION: 840 North Plankinton Ave., MIlwaukee, WI 53203
Year founded: 1999
Product or service offered: Intellectual property law services
Projected 2009 revenue: $9.5 million
CEO, President/Owner(s): Peter Stomma, president
Target clientele: Small to meduim-sized businesses/companies with 25 to 500 employees, and/or $10 to $200 million in annual sales.
Business organization memberships: Association of Patent Law Firms; Metro Milwaukee Association of Commerce; Westown Association
What has fueled your company’s growth? Our positioning as the largest intellectual property law firm in the state, which draws both clients looking for expert IP law services and skilled IP attorneys wanting to practice in a highly specialized firm with a more relaxed environment than large general practice firms with IP law departments.
What is the biggest obstacle to your company’s growth?
The misperception that expert IP services can only be provided by large general practice firms, or out-of-state firms.
Do you plan any changes in your company in the upcoming months?
Nothing significant due to the current economic conditions, but we will continue to assess and improve various aspects of our firm as necessary to enable us to maintain our competitive edge.
Who are the business people, locally or nationally, whom you admire? And what traits do those people exhibit that make you admire them?
What is the outlook for the business conditions of your industry over the next several months?
Business has been slowly, but steadily growing over the last 6-9 months, and we expect that our business will grow more strongly with the corresponding improvement of the current economic climate.
What is your company’s key strategy for rising out of the recession?
To continually provide superor legal services to our clients.
Congratulations from the strategic partners behind Boyle Fredrickson SC.
Entrepreneurs Providing Legal Advice to Entrepreneurs