You probably know your clients’ patents better than they do. You wrote them and understand they are often untapped or underutilized while prohibitive to maintain. Up to now, you had no real alternative than to tell you clients to pay the expensive maintenance fee or abandon the assets. You now have a choice!
• Offer an additional line of service to your clients at no costs to your firm
• Substantial referral fee if a sale occurs (15% of broker commission, up to $15,000 per transaction)
• Additional billable legal fees around patent the transaction divestiture
• Possibility of being retained (and paid) by broker to perform technical analysis of portfolio and prepare claim charts