Just as you would protect your physical property, it is important to protect your intellectual property as well. A patent protects inventions and grants the holder of a patent the right to stop others from making, using, selling or importing into the United States of America their protected invention. In order to be recognized, a patent must be filed with the United States Patent & Trademark Office (“ USPTO”), and can only be done by a specially certified attorney. Lummis and Barkley is the only firm to offer such services in Central Wisconsin.
When applying for patent protection, time is of the essence. As of 2013, the United States of America is a first-to-file country. Even if you were the first to design a revolutionary new product, some other party could independently invent a similar product. If they are the first to file a patent, the all licensing rights and future profits are theirs. Additionally, there are numerous hard deadlines during the patent filing process. Failure to meet any one of these deadlines could result in the loss of patent protection forever. The attorneys at Lummis and Barkley will assist you at every step along the way to ensure that your hard work receives the protection it deserves.
You already know that you have a great new idea, and through your hard work, you have found a company that wants to work with you in producing this product! At this exciting time in your life, make sure that you have a dedicated team of lawyers on your side to ensure that any agreement that you enter into respects your role in the development and maximizes your profits. Patent licensing agreements allows you to lease or sell the rights to your patented products to manufacturers or distributors, in exchange for financial compensation. These producers will often promise that you can relax while they produce your product and pay you handsomely for each unit sold. Unfortunately, some companies use contractual loopholes and dishonest agreements to swindle inventors out of the money that they are rightfully owed. The attorneys at Lummis and Barkley will dutifully represent you to ensure that you and your family are compensated fairly.
Our experienced intellectual property attorneys will help you navigate all of the complexities of the patent process. Give us a call at 715-341-3170 or contact us online to schedule your initial consultation with our United States Patent and Trademark Office registered attorney today.