Quick Summary

Finding The Right Small Business Patent Attorney Will Make You More Effective

Finding The Right Small Business Patent Attorney Will Make You More Effective

Here are 8 things you'll find in a good small business patent attorney:

1) They have transparent pricing.

2) They know what should and shouldn't impact your strategy.

3) They speak your language.

4) They have predictable costs.

5) They perform at a higher level.

6) They optimize your value.

7) They tailor your IP to your business.

8) They know your market/competition.

Finding The Right Small Business Patent Attorney Will Make You More Effective

6 min read time

Establishing a business might, at first glance, seem simple. However, as with anything, there are drawbacks if you don't understand a few key points. One boring, but extremely important, step is finding the right small business patent attorney for you.


For example, if you pick a brand that is confusingly similar to that of another company, you may run into some problems. These problems may might result in a need to re-brand or pay out.


This could result in considerable expense. No one wants to go through that. Especially if they've gone through the trouble of purchasing business cards, even registering a domain name, and even advertising.


So, what should you look for in a small business patent attorney? We've compiled 8 things that you can start looking for right now.


1) They Have Transparent Pricing


Transparent pricing is, unfortunately, fairly scarce in the legal field. Most companies want to get you to invest your time before hitting you with the sticker price shock. That way, you are more likely to say yes, because you'll lose out on your invested time.

Our team includes federally registered patent lawyers who can help you protect your invention. Our team also includes trademark attorneys who are ready to help you protect your brand.


We have a system of flat fee patent applications, flat fee trademark applications, and flat fee copyright applications. With our affordable options, our intellectual property lawyers make it clear and easy for you to invest in your intellectual property to grow your business and market potential.

For example, here are the prices you will pay for some of our most popular and common services:

Non-Provisional Patent Application: 5999 USD
Provisional Patent Application: 1999 USD
Design Patent Application: 2000 USD
Patent Search: 850 USD

Trademark Application: 850 USD
Trademark Search: 500 USD

Copyright Registration: 350 USD

If your attorney is unwilling to provide the costs upfront like this, we would recommend looking somewhere with more transparency.


2) They Know What Should and Shouldn't Impact Your Strategy


Patent protection is an integral part of your business strategy. It will need to be crafted to align with your business's specific situation, goals, and threats.

Not all business people realize this. It is not uncommon for business people to compartmentalize, or think separately about, their intellectual property relative to their business model and plans.

A good intellectual property attorney will help you to understand how to synergistically grow your business plan by strategically securing the appropriate intellectual property.

We offer new clients free consultation to identify possible strategies for building your protection. This gives you a chance to let us know what you business goals are risk free. That way, we can guide and direct you to the IP protection that not only works best, but works best for YOU.

We want your protection to be rock solid and setting out a synergistic strategy up front can be more effective. We specialize in developing strategies that take into account:

 

    the legal aspects of protecting your brand and inventions;

    and your business goals, plans, and vision.




Enlisting a registered patent lawyer for strategic planning will help you get greater value from your intellectual property.


3) They Speak Your Language


Our patent attorneys are also engineers, scientists, and entrepreneurs. The law and various legal intricacies of patents, trademarks, and copyrights can be daunting. However, the landscape is not quite as inaccessible as it might seem.


Our team focuses on developing a strategy with you. We're clear and concise and will help you achieve your goals. Understanding the power and impact of these pieces of intellectual property and how they can help to level the playing field will provide clarity in moving forward.


4) They Have Predictable Costs


Normally, IP legal expertise at this level comes at a high price. This can be frustrating.

On top of that, it's also frustrating when those costs aren't predictable.

Make sure that your attorney can give you a realistic expectation of not only HOW MUCH things cost, but WHEN they will cost you.

Our cost structure helps to make the process more transparent and predictable. This makes it easier to see how those costs will yield returns in the market.


Armed with that insight, it is easier to understand how that investment will play out. If managed properly, it can enable you to reap greater benefits and reach greater heights than would otherwise be accessible.


5) They Perform at a Higher Level


To start with, why is it that larger businesses have so many effective patents compared to the average smaller business? While resources are a significant factor, one major difference lies in the strategy and how their IP meshes with their business plan.


    IP is not a one-size-fits-all asset. It can be focused, directed, and shaped to fit (or not fit) a specific approach.


    Are you planning to grow your business into something more? Are you looking to draw investors?


    Are you looking for an exit/sell-off?


These are questions that should (we would say “must”) be asked up front. They will deeply influence the intellectual property you should seek to obtain.


6) They Optimize Your Value


Most intellectual property has value. However, that value can vary wildly based on the context of your business goals.


The distinction between an exceptionally valuable piece of IP and a lower value piece depends on how well it fits into your business. What is your value proposition for your consumers?


Does your current patent attorney or trademark attorney ask that question or understand the answer? If not, your IP may not provide you with the value it could.


7) They Tailor Your IP to your Business


This is where even small businesses can outperform the big players. Many larger companies play the sport with volume. As is often the case, quality frequently out-performs quantity.

One common thread we see in this field is that cost is often the driving factor. Cost is important but can also be a distraction. Focus on transparency and value add. You will see a much greater yield on your investment.


We frequently see, particularly in startups and smaller businesses, the tendency to minimize spending. This is understandable and can certainly be required where funds are limited. However, the better approach is to fully understand what your spend is getting you. We especially warn against the hazards of securing protection on your own.


The legal system is unwieldy. Navigating it alone can come at distinct risks. It is unfortunately common that many of our clients who come to us from a budget approach or a one-stop-shop require a heartbreaking level of IP rehabilitation.


8) They Know Your Market/Competition


This is another important consideration that is often overlooked. In the assessment and analysis of competitor's intellectual property, they may underestimate the impact of the current market.


Many companies may be aware that there are patents that apply to their field but they are not familiar with the specific interplay of those patents with their own business model. This can be a missed opportunity or may form significant risks. Therefore, their competitor shouldn't be stating their product/invention is protected by a patent. Additionally the competition might be responsible for damages due to this misrepresentation.


Larger companies understand the way to have the particular product/invention assessed with respect to the patent, and take appropriate action. Not only can the larger businesses then attack their competitor's product in the marketplace, it's possible they have a new field of business available, consisting of harm suits for lost business.


In the case in which the invalid patent is determined by a component of a product, the legal ramifications can rapidly multiply and may influence several businesses, raising settlement figures drastically. Once more the bigger businesses, working with seasoned IP law firms, can benefit from the situation. The smaller companies lack the wherewithal to recognize that situation and also get in the ballgame.


Locate the Right Patent Attorney!


Our purpose here is to simply point out, in practical terms, how large companies utilize the patenting system to guard their products in the market, discourage competition, and frequently create a new revenue stream for themselves. Hopefully that gives you some insight as to how smaller businesses, with just a little savvy and the ideal legal representation, can accomplish exactly the same thing.


So there is the challenge: locate the right patent attorney! Not easy to do, but they are out there. When you find the right fit, you will reap the advantages of intellectual property together with (or better than) the world's largest companies.

Conclusion

Finding The Right Small Business Patent Attorney Will Make You More Effective

Finding The Right Small Business Patent Attorney Will Make You More Effective

Here are 8 things you'll find in a good small business patent attorney:

1) They have transparent pricing.

2) They know what should and shouldn't impact your strategy.

3) They speak your language.

4) They have predictable costs.

5) They perform at a higher level.

6) They optimize your value.

7) They tailor your IP to your business.

8) They know your market/competition.

Next Steps

If you're ready to apply IP protection to your business, find out how we can specifically help you.

It's risk free, and doesn't cost you anything.

Just call us, or schedule a Zoom call at a time that's convenient for you.

Get Your Free Consultation
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