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Started By
Message
Does Anyone Here Have a Patented Product?
Posted on 3/3/15 at 9:48 am
Posted on 3/3/15 at 9:48 am
(no message)
This post was edited on 11/8/20 at 7:03 am
Posted on 3/3/15 at 9:49 am to Kraut Dawg
You gonna get in the tank, breh?
Posted on 3/3/15 at 9:52 am to Kraut Dawg
Jimmy McGill is pretty much an expert in patent law.
Posted on 3/3/15 at 10:08 am to Kraut Dawg
Legalzoom dot com. Trust me. I listen to the radio.
Posted on 3/3/15 at 10:13 am to DrunkenStuporMan
Send me all of your original docs and I'll see if it's viable
Posted on 3/3/15 at 10:16 am to Kraut Dawg
I have been a patent atty for almost 17 years. A few pieces of advice - you only have a 1 year grace period from the disclosure of your invention to other to seek patent protection in the U.S. In most foreign countries there is no 1 year grace period. If you think the invention has implications outside the U.S. and you don't want to lose those rights, you should file a patent application in the U.S. before you disclose your invention to others (you can then use the US application as a basis for your foreign applications at a later date). Also, if you can afford it, hire a patent attorney. There are a lot of pitfalls to the process and many people who do it on their own get patents that are not worth the paper they are written on.
Posted on 3/3/15 at 10:20 am to Slip Screen
Sound advice. Good luck!
Posted on 3/3/15 at 10:25 am to Slip Screen
And realize that a patent is WORTHLESS if you don't have the financial means to defend it. I have seen that a ton, guy goes all in to get the patent and then doesn't have a penny to file against the very first person who infringes.
You know what I tell 90% of the people who approach me with ideas they want to patent? Develop the product and sell it to someone with the financial backing, staff lawyers, manufacturing and distribution mechanisms already in place. Unless it is one of the truly "big" ideas (not very likely) you are better off taking the smaller immediate payout by selling it.
You know what I tell 90% of the people who approach me with ideas they want to patent? Develop the product and sell it to someone with the financial backing, staff lawyers, manufacturing and distribution mechanisms already in place. Unless it is one of the truly "big" ideas (not very likely) you are better off taking the smaller immediate payout by selling it.
Posted on 3/3/15 at 10:51 am to Slip Screen
(no message)
This post was edited on 1/10/21 at 8:54 am
Posted on 3/3/15 at 10:58 am to illuminatic
quote:
Jimmy McGill is pretty much an expert in patent law.
I was gonna say that if it's anything like the toilet from Better Call Saul last night, go for it.
Posted on 3/3/15 at 11:04 am to Kraut Dawg
quote:
Could I afford to defend it?
There are several ways to defend your patent even if you don't have the cash to pay for it yourself. First, there are contingency fee patent lawyers (essentially, they only get paid if you receive damages). Second, there are several patent monetization companies. The deals they will agree to depend on a lot of factors but most want you to transfer the patent to them in exchange for a percentage of any monies they receive for enforcing the patent. The first option will likely yield more money for you, if the patent in infringed, but the second offers you fewer headaches because the company (rather than you) will be the entity principally involved in the lawsuit
Posted on 3/3/15 at 11:22 am to Slip Screen
(no message)
This post was edited on 1/10/21 at 8:54 am
Posted on 3/3/15 at 11:37 am to Kraut Dawg
I've filed several patents that my company took care of with a large legal staff with lots of experience. It was always a ton of paperwork for all involved (including me) and there are some rules that make little sense to me. There is no way I could have done them on my own.
Before you spend a lot of time on it, you first need a patent search performed by people who really know what to look for and how.
If a patent ever is granted, know that if it is any good some one in China will just copy it cause they don't give a crap about patents.
Posted on 3/3/15 at 11:48 am to High C
You are so big!
Give me more!
That's it!
Give me more!
That's it!
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