Patent Infringement Litigation can be very expensive. In some cases the cases are so expensive that small businesses, and inventors, cannot afford to fight and try to enforce their patent rights.
If you have a Valid Patent - WE CAN HELP. Call us today - we can review your potential case for FREE. Call or e-mail us today.
A Common Problem Faced Everyday by Patent Holders:Patent litigation can be very expensive. Traditionally, law firms have only taken patent litigation cases on a bill by the hour fee and expense arrangement. Such arrangements often lead to scorched-earth, and leave no stone unturned, litigation strategies, which is why the legal fees often exceed one million dollars; benefiting no one but the attorney. Further, many bill by the hour litigators are unwilling to assume some of the risk associated with a patent litigation case because patent litigation cases can be risky and unpredictable. Most small businesses and independent inventors cannot finance traditional patent infringement litigation to enforce their patents.
How Our Law Firm Can Help:Our Law Firm can represent patent owners on alternative fee arrangements (such as contingent fees, partial contingent fees, flat rate fees, and others) tailored to suit the patent owner's needs. Our Law Firm can work a case from beginning to end on a contingent fee basis.
The Solution:In a contingent fee arrangement, instead of billing the client on an hourly basis, the contingent fee patent litigation attorney is entitled to a percentage of the settlement or trial award, usually one-third to one-half of the recovery. If the plaintiff does not receive any compensation for damages, the attorney receives nothing. The contingent fee is to be distinguished from out-of-pocket expenses, which ordinarily remain an obligation of the client, although in very rare cases the attorney may advance expenses during the time the case is pending and will deduct the expenses from the client's share of any recovery at the conclusion of the case. Contingent fee practice has been an essential part of our justice system for centuries. It permits every patent owner, regardless of their wealth, the opportunity to pursue a valid patent infringement claim against even the most powerful corporations. The contingent fee has been the most common form of payment arrangement for plaintiffs in personal injury litigation for years. Only recently have patent litigation lawyers started taking patent infringement cases on a contingent fee basis.
In many situations a Contingent Fee Arrangement on a Patent Litigation Matter is often the only way that small businesses and independent inventors can enforce their patents. Call or e-mail us today.
*Accepted Patent Law Cases will be represented under a Joint Counsel Agreement between Carabin Shaw and the Tom Rhodes Law Firm P.C.