Dr. Patrick H. Sullivan is an expert on extracting value from intangibles and is considered to be one of the leading conceptual thinkers in the field. He has pioneered the development of methods and practices for analyzing, valuing and managing intangibles as business assets. He has consulted with over 100 organizations on managing and extracting value from intangibles. He is a founding partner of ICMG, a consulting company focused on managing intellectual capital to maximize value. He is also co-founder of the ICM Gathering, comprising managers of intangibles for large, diverse international companies who meet to exchange information on new and innovative management techniques for creating and extracting value from their intangibles. His IP management practice involves the development of IP strategies, aligning IP strategies with business strategies, organizing for IP management, and implementing methods and practices associated with various elements of the management of intangibles for business value.

Dr. Sullivan's work in valuation centers around the valuation of intangibles. In this field he has pioneered the development of valuation methodologies focused on the management of intangibles for business and decision-making. He has written extensively on the valuation of intangibles and the methods and procedures he has developed are taught in universities and in use by companies around the world. His valuation practice involves the valuation of intangibles, such as IP, for business activities, mergers or acquisitions, transactions, regulatory compliance.

He has testified as an expert on matters of intangible value and damages. His testimony has included lost profits, reasonable royalty, the value of client lists and other trade secrets, the value of trademarks, the breach of license agreements, and disputes about “best efforts” in the management of IP. He is noted for his ability to explain complex valuation concepts in understandable layman's terms.