How to Protect Against IP Litigation without Breaking the Bank

Your business carries insurance for its products, worker comp, property and executive liability. But what about its most valuable asset-intellectual property? It isn’t covered under your general business liability policy.

For most businesses today, IP is critical – its the core asset for current and future revenues and shareholder value. Getting caught in an infringement litigation case can be a financial disaster. Especially if you’re a small business or startup.

Fortunately, there is a way to way to manage the costs of IP litigation without breaking the bank. It’s called Intellectual Property Insurance.

How to Get Outside Investors to Fund Your Patent Litigation Expenses

A small stationary products manufacturer used it to successfully defend its self against a large competitors claims. A small computer game company used it to defend an infringement suit by a major entertainment studio. And a small company used it to sue some of the largest US telecommunications companies for […]

Is Your Patent Costing You Hundreds of Thousands of Dollars?

Not taking action with your patent will cost you over $250,000. And that’s not counting the cost of lost revenue opportunities or litigating any infringement. It’s estimated that the average cost over the course of the 20-year life span of a single patent is about $100,000.00 – or roughly $5,000 per year in maintenance fees. And that doesn’t begin to cover the initial investment, which on average is about $150,000.00 to develop a single patentable invention. That’s due in part because the U.S. patent office currently rejects about 65% of all patent applications.