Attorney Fees / Invention Complexity
The USPTO, IP Watchdog and every patent law firm strongly recommends that inventors hire a patent agent or attorney to prepare the application. IP Watchdog reminds inventors that not only is the process confusing, but a patent is a legal document that uses the language found in the application and patents can only be protected in court, where every word in the document matters. IP Watchdog reports that the median cost of a patent attorney is around $250 an hour, higher in urban areas (Quinn suggests hiring an experienced attorney that works in an area with a low cost of living as a way to control costs, as opposed to hiring an inexperienced attorney). Quinn states that, depending on the complexity of the invention, attorney fees for conducting a search and preparing an application with drawings usually run between $7,000 and $15,000. The more complex an invention, the longer the attorney spends researching related patents, writing up a detailed description and outlining exactly what the patent should protect. Drawings also take longer the more complex the invention is, and USPTO rewrites can be more difficult.The Poor Man's Patent is a Myth
One of the undying myths of Patent World is that there is such a thing as a Poor Man's Patent. If you've never heard of it, the poor man's patent involves writing out a description of your invention and mailing that description to yourself. The transmission of this description through the mail and the cancelling of the postage by the Post Office is supposed to establish a date of invention for you. That way if someone steals your invention or comes along and invents it independently, you have "proof" that you invented it first. The proof is in the sealed envelop and the date the postage was cancelled.Do A Patent Search Early In The Invention Process.
There is nothing more valuable than a patent search when you have a new idea. The reason a search is so valuable is that this single step can save the average inventor a fortune. Many times you will find your invention has already been patented. If that is the case and the patent is still active, i.e. less than 17-20 years old in most cases, you will either want to change your idea or start over with a new concept. Often there is no point in pursuing an idea that has already been patented if your idea infringes the patent. Your goal as an inventor should be to seek out reasons why your invention will not work and will not make you money. This is hard for most people to understand.Why Perform a Patent Search?
The classic reason to perform a patent search is to assure an inventor that no previous patent interferes with the inventor's plan to file a patent application. Other reasons include: learning more about a new field of technology, For market information,In order to track the intellectual property of competitors.Patent Myths
Patents are valuable - Patents may have commercial value but that usually depends upon how it has been used. A patent means the invention works as verified by the government - The U.S. government does not test inventions to see if they work. A patent gives the owner the exclusive right to make, use, and sell the invention - A patent gives its owner the right to EXCLUDE others from making, using, and selling exactly what is covered by their patent claims. A holder of a prior patent with broader claims may prevent the inventor whose patent has narrower claims from using the inventor's own patent. A patent right is exclusory only.