A
new client complained to me that their previous IP (Intellectual Property)
Attorney surprised them with legal expenses incurred well after the filing of
their patent and trademark applications. So we thought a few words were
in order about what follow-on legal fees you can expect in the course of
pursuing IP protection.
First,
the initial fees that you encounter upon filing an application usually cover
just the preparation and filing of the application. In the case of
trademark applications, these might be the only expenses you incur if the
application registers without incident. However, if it s rejected, you
can expect that the Attorney will require more fees to prepare a response to
the rejection. In some cases, a rejection might also necessitate
additional Trademark Office fees. In addition, if your application was an
“intent to use” (ITU) application, you can expect to pay a governmental fee in
order to file a “statement of use” and therefore obtain registration.
Once registered, you will also need to renew your registration several
years after registration and will incur fees in doing so.
Patent
applications typically have quite a few more follow-on fees. More
particularly, the likelihood and number of rejections and is higher for patent
applications. The government also charges fees if your application is
allowed and maintenance fees every four years thereafter. Your IP
Attorney will need to expend time handling these situations for you and will
expect to be paid accordingly.
In
closing, the fees listed here are just a sampling of those that you can expect
post-filing. But, keep in mind that most technology-based companies
possess IP assets that need protection and that usually warrants a
corresponding investment.
We
at the Villhard Patent Group strive to educate our clients and prospective
clients and hope that this article was useful to you. In the meantime, we
would be happy to discuss your IP situation with you. For more information
about us see www.villhardpatents.com or
contact us at contact@villhardpatents.com or (512) 897-0399.
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