Re: In memory of LL
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Message: In memory of LL
PALTO 1 , You said "I figure that it costs about 150k-300k in attorney fees (no litigation) to get 2-10 million licensing agreements. Obviously, if you have to litigate those costs take off, but having successfully settled major licenses companies should be much more willing to play nice"
Not all of infringers would easily bend over and accept license aggreement , most likely
you need to litigate good number of them one by one and as you know the latest
survey show much higher expense as following quote more than 4 million dollar
Patent Litigation Survey 2009:
September 01, 2009
People are struggling to maintain market share, and one typical tool to do so is the patent,” says Wilson Sonsini’s Ladra. But that only means more work for lawyers if there’s a market worth preserving, or if significant royalties can be won, he adds. When products aren’t selling, the questions that excite patent lawyers (Who invented what first? What is it all worth?) don’t always seem worth going to court over—especially when the average cost of a high-stakes patent case is more than $4 million.
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