Top Secrets Patent Infringement Litigation Attorney Won't Share
Financial Implications and Cost Considerations
Engaging in patent litigation can be costly, with expenses ranging from tens of thousands to millions of dollars depending on the complexity and duration of the case. According to a survey conducted by the American Intellectual Property Law Association, the median cost of patent litigation can exceed $1 million when substantial financial stakes are involved1. It is crucial for businesses to weigh these costs against the potential benefits of a successful outcome.
Many law firms offer flexible billing arrangements, such as contingency fees or flat-rate services, which can help manage expenses. Exploring these options can provide financial predictability and align the interests of the attorney and client.