Cost For a Patent

Posted by Michael Shimokaji | Mar 19, 2014 | 0 Comments

Question: I want to get a patent but it looks too expensive. I talked to one lawyer and I was told it would be a minimum of 25000 dollars and it would take 5 years with NO guarantee. Is that right? This would be for a utility patent for a software product.

Answer: The lawyer is correct – there is no guarantee that you will end up with a patent. But prices can vary widely and you can reasonably expect to receive fixed attorney fees at each stage of the patent process.

About the Author

Michael Shimokaji

Michael’s expertise includes the strategic development of patent and trademark portfolios. He identifies those patents and trademarks that are valuable to his clients by providing them with a competitive advantage. Then, Michael obtains patent and trademark registrations in the US and abroad.

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