Maximize Your Inventive Rights with Patent Attorney Expertise
Cost Considerations and Value
The cost of hiring a patent attorney can vary depending on the complexity of your invention and the scope of services required. On average, filing a patent application with the assistance of an attorney can range from $5,000 to $15,0004. While this may seem like a significant investment, the potential return on investment can be substantial if your invention successfully reaches the market.
Patent attorneys can also help you strategize the commercialization of your invention. They provide guidance on licensing agreements, helping you monetize your patent by allowing other companies to use your invention for a fee. This can open up new revenue streams and expand your market reach without the need for significant capital investment5.