1 / 9

Important Steps You Should Take to Minimize the Risk of Patent Troll

You can minimize the risk of patent troll by ordering an infringement. In this power point presentation, you will learn the important steps that you should take to minimize the risk of patent troll.

Download Presentation

Important Steps You Should Take to Minimize the Risk of Patent Troll

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Important Steps You ShouldTake to Minimize the Risk of Patent Troll By: Unified Patents

  2. settle or fight • You have two options in the case of patent infringement litigation – settle or fight. In both cases, you have to spend your hard-earned money to deal with the patent troll .

  3. It Is Because Of the Patent • NPEs target companies because of the patent. Therefore, remove risky patents to minimize the risk of getting sued for patent infringement. Honestly, it is hard to find a viable way to keep NPEs at bay.

  4. Prevention - Patent Insurance Coverage • Getting patent insurance coverage is the most prudent proactive approach for preventing patent infringement litigation. A patent troll has to think before suing you when you have got covered. After receiving an assertion letter, taking a hasty decision to settle or fight is not a wise move. First of all, collect the maximum information about the patent.

  5. assistance of a patent attorney • You can also get the assistance of a patent attorney to help you out in this situation. However, a patent insurance coverage provides the best protection.

  6. The Action • Eliminating problematic patent is the best approach. However, sometimes, it is not possible to eliminate the patent. You need a team of top-notch experts to identify and acquire patents that are not prone to patent trolls.

  7. Eliminate or get insurance cover • If you can eliminate, then eliminate. If you can’t, get insurance cover. The patent attorney can give you the best advice whether you should fight or settle.

  8. conclusion • The patent infringement risk is increasing. And sadly, the costs involved in litigation are still too high. Therefore, many companies show the willingness to settlement. However, this multiplies the confidence of patent trolls. Therefore, every company that is using a patented technology or product should have proactive strategy to deal with patent trolls.

  9. Contact Us • Address - 2 North 1st Street. 5th Floor, San Jose, CA 95113 • Website - https://www.unifiedpatents.com/ • Phone - (650) 999-0889

More Related