NEW YORK, NY--(Marketwired - Jul 21, 2015) -  Park IP Translations, a Welocalize company and leader in legal language services, is exhibiting and participating in the 12th Annual Patents for Financial Services Summit 2015 taking place in New York City, July 22-23.

Park IP Translations, a world leader in IP and patent translation and filing services will provide onsite legal and patent language experts at the event to discuss best practices for managing and protecting global patent portfolios in the financial services industry.

The Park IP experts will also share how to effectively manage the looming AIA aftershock with a growing demand for qualified legal language resources required to meet the unprecedented number of PCT filings due by September 15.

"The role of patents in the financial services industry has been subject to much upheaval, in light of recent Supreme Court Rulings on patent eligibility, including the Alice decision, and also recent changes in the America Invents Act," said Matthew Sekac, senior director at Park IP Translations. "Patent translation is an integral and complex part of the overall patent process and requires legal language experts to manage the process and understand how latest developments in the patent world will affect a client's global patent portfolio and foreign filing strategy."

The summit aims to help in-house and external counsel to understand the impact of recent patent rulings and gain strategies to effectively manage patent portfolios. For more information visit:

Park IP Translations has been preparing clients for the anticipated rise in demand for legal language resources due to changes made to the America Invents Act (AIA) in March 2013. The surge in demand for PCT filings due by September 15, 2015, is increasing pressure on the availability of qualified legal language resources required to translate PCT application by the deadline. Park IP Translations has prepared for this demand, to mitigate costs and resource restraints for clients. For more information visit

About Park IP Translations - Park IP Translations, a Welocalize company, provides translation, litigation and filing solutions for patent and legal professionals. We protect our clients' most valued assets and global brands in nearly every jurisdiction in the world. We provide complete translation services in more than 157 language and filing-ready documentation into more than 60 countries. We are a leader in patent prosecution and validation, litigation languages services, E-Discovery translation and document review, patent translation and filing. We also provide general legal services for all types of corporate and legal documents. Park IP delivers the highest quality translations as a result of our ISO 9001:2008 certification.

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