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Law360, New York (May 20, 2016, 11:33 AM ET) -- The patent wars that rage in the tech industry are full of high stakes and high drama: Corporations engage in messy, drawn-out fights and small companies find themselves unwittingly exploited by patent trolls.

The U.S. patent system isn’t perfect, and the current era in which “software is eating the world” has paved the way for legal chaos to ensue. According to the Boston University School of Law, over six times as many patent lawsuits are filed today as in 1980, and patent assertion entities are now...