Explore a guide to patent lawyer costs, fees, and charges to hire an affordable patent lawyer. Understanding a patent lawyer’s cost is crucial for all inventors in the innovation space. Navigating complex world patents must be challenging without the guidance of experienced patent lawyers. Seeking a patent lawyer expedites the process and reduces the chance of making any silly mistakes. The cost of filing a patent application is only a small part of the total. The whole cost of getting a patent with the help of an experienced lawyer varies on the type of your patent. Read on the guide to understand an experienced patent lawyer’s costs, fees, and charges.
Flat Fee vs Hourly Lawyer Cost
First, make yourself clear with flat fee vs hourly lawyer cost to understand better about patent lawyer costs, fees, and charges. The USPTO government agency has a legal fee requirement for submitting your patent application based on your business size. Smart business professionals choose the right patent attorney in New York to make sure their application has a higher chance of getting approval. On average, when you pay a fair amount for your patent, a lawyer can cost almost anything to obtain approval. Typically, the lawyer’s time depends on the complexity of your patent. According to reports, 68% of clients go for the flat fee model and 45% for hourly fees. Certainly, you can choose the most suitable method from flat fee vs lawyer cost for your costs, fees, and charges.
Patent Search Cost
Next, look for lawyers offering competitive costs for patent search. Patent search for your invention can save thousands of dollars. Ensure the invention is not novel and already know to public before moving forward with the patent application. Lawyers usually take 2 to 5 working days to provide patent search reports for your invention. These reports provide a comprehensive list of all pending and existing patents that are similar to your invention. Conducting a patent search helps determine the level of intellectual property protection required to secure your innovative invention. Most lawyers charge $250 to $400 for patent search. Whereas, patent 360 attorneys perform patent search and provide reports for a fees of $199 to $299. The patent search reports help lawyers build an opinion about the patentability of your invention. Certainly, look for lawyers offering competitive costs for patent search.
Provisional Patent Cost
If you are applying for a provisional patent, make sure to check lawyer costs, fees, and charges. Provisional patent provides a pendency lasting 12 months for your invention. Patent lawyers assure that your provisional patent application is filed accurately. Most lawyers charge anywhere between $199 to $499 + $60 Govt Fee for their services. Whereas, Patent 360 lawyers help you file provisional patent applications for a fixed price of $179 + $60 Govt Fee. Patent lawyers can also help you with drafted patent writing and drawings required for filing the provisional patent applications. Indeed, hire a lawyer offering affordable costs for filing provisional patent application.
Utility Patent Application Drafting And Filing Costs
Utility patent application drafting & filing costs include patent lawyer costs, fees, and charges. Patent filing costs for a utility patent depend on the size of the entity that owns the patent. Small companies pay less, whereas large inventors pay more. A big part of the cost related to filing a patent application goes to the patent lawyer who writes the patent. The cost of the lawyer usually depends on the experience, type of invention, complexity of the application etc. Most lawyers charge hourly but some offer a fixed charge ranging from $8,000 to $15,000. However, lawyers at Patent 360 helps filing utility patent application for a fixed charge of $3,500 (plus $364 Govt Fee). Certainly, hire a patent lawyer who can file your utility patent application for a competitive cost.
Design Patent Application Cost
Patent lawyer costs, fees, and charges are connected with the design patent application cost. When you pay the USPTO filing fee, you initially will be able to submit the design patent cost file. The amount of fee you will pay completely depends on the size of your business. The government fee will be based on your entity size In case of receive a notice of allowance from the USPTO office. To pay the design patent application cost your patent lawyer will charge a few hundred dollars service charge. Usually, design patent USPTO filing costs $250 for micro-entity, $500 for small-entity, and $1000 for large-entity. The expedited design patent application cost can be around $2500. The expedited design patent application requires an information disclosure statement (IDS), and payment of examination fee. Indeed, design patent application costs are way more connected with patent lawyer costs, fees, and charges.
Explore a guide to patent lawyer costs, fees, and charges to hire an affordable patent lawyer. The USPTO government agency has a legal fee requirement for submitting your patent application based on your business size. Smart business professionals choose the right attorney to make sure their application has a higher chance of getting approval. Patent search reports provide a comprehensive list of all pending and existing patents that are similar to your invention. Patent lawyers at Patent 360 can help you file provisional patent applications, utility patent applications, and design patent applications for a competitive fee. Follow the above guide to patent lawyer costs, fees, and charges to hire an affordable patent lawyer.