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Re: [newtech-1] Patent Question

From: user 8.
Sent on: Monday, July 29, 2013 9:58 AM
Happy to give some detail, Damion.
- Our invention is in the physical fitness space. The machine, itself, is 100% mechanical. No electricity needed.
- We've spoken to three law firms -- one boutique, two large. General pricing was in the same area.
- We didn't discuss hourly rates. Just got an outline of the likely costs.
- As far as our objective in seeking IP protection, we'd like to get a patent in order to license it to established manufacturers. At this point, we feel that's the best way to monetize our invention. If you have a view on the licensing route, we'd be happy to hear it.
- We don't have an in-depth description of our invention in writing, but it's one of the things we're currently working on.
Thanks again.

On Mon, Jul 29, 2013 at 9:36 AM, Damion Hankejh <[address removed]> wrote:
Hi Ben -- without disclosing proprietary details about your invention, can you generally define"

- The space your are inventing in
- What hourly rate is your patent counsel contact charging
- Is s/he a boutique or large firm
- What is your objective in seeking IP protection
- Do you have a white paper or other description of your invention in writing

Damion Hänkejh |

On Mon, Jul 29, 2013 at 9:25 AM, Benjamin Zimmerman <[address removed]> wrote:
Hi everybody. My team and I are looking to patent an invention, but based on the conversations we've had with lawyers, the price tag is significant -- i.e. in the range of $15,000 to $20,000. Does anyone know of a way to cut some cost out of the process?
Are there competent lawyers that do this kind of work for less money or (if we handle the bulk of the writing ourselves) provide a cursory review at a substantial discount? Are there government grants / programs for inventors or start-ups that we can leverage? Is it feasible for us to write and submit the patent application without outside help?
Any thoughts or suggestions would be very much appreciated. Thanks, and have a great week.

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