Since its founding, the United States has always granted strong legal protections for inventors who, through the investment of time, energy, money and inspiration created a “new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement thereof.” 35 U.S.C. 101. Many of today’s legal scholars and commentators believe that the patent system is too protective and that the patent system has been exploited by wealthy vested interests to hinder innovation by new entrepreneurs.
Part of that criticism is understandable: patent infringement lawsuits are often wars of attrition, with hundreds of thousands, often millions, of dollars spent on attorneys’ fees and case expenses just to get the case through discovery, past the Markman hearing and claims construction, and ready for a jury trial.
Much has been written about the expense and difficulty of defending a patent infringement lawsuit, but, truth is, most inventors, entrepreneurs, small businesses, and many mid-sized businesses, can’t afford to enforce their own patent and licensing rights against infringing competitors. Many can’t even afford the initial retainer fee, much less the tens of thousands of dollars a month to sustain the litigation. It is simply too expensive and too risky.
For more than 50 years, The Beasley Firm has set the standard for contingent fee representation of plaintiffs, with over $2 billion in verdicts and settlements for our clients. We see difficult cases through years of costly and time-consuming litigation, litigation that would have cost millions of dollars in attorneys’ fees in case expenses like document protection and expert witness fees. We have no interest in racking up time — or our client’s money — on hourly billing. We win cases; that’s our business model, that’s what we know how to do.
We view our contingent fee patent infringement clients as business partners. We don’t charge a hourly attorney fees, monthly retainer fees, or anything similar: our process involves a single nonrefundable deposit commiserate with the scope and scale of the case to make sure that everyone, lawyer and client, has “skin in the game” and will devote their best efforts towards a victory.
If you are an inventor who holds patent or a business that has been assigned a patent, and you believe that patent is being infringed upon or your royalties are not being paid, please use the contact form below for a free, confidential consultation about your case. You can also read more of my writings about patent infringement, such as:
- The America Invents Act’s Patent Reform Might Strengthen Patent Trolls
- More Selective Statutory Interpretation By The United States Supreme Court
- Google’s New Contact Page For Enforcing Trademark & Copyright Infringement Court Orders
- The Best Way To Prove “Predominance” In Generic Pharmaceutical Antitrust Class Actions Alleging Patent Misuse
- “They Stole My Idea” Doesn’t Always Amount To An Intellectual Property Lawsuit
- Investing In Lawsuits, Part III: Here Come The Banks and Hedge Funds
- Oracle v. Google: Litigation As Negotiation By Other Means, Or As Total War?
- Proving Inequitable Conduct In A Patent Infringement Case By Way Of Selective Production
- Bilski v. Kappos: SCOTUS Doesn’t Recognize Business Methods Patents But Doesn’t Prohibit Them Either
- Iron Man’s Suit Isn’t Patented, It’s A Trade Secret (Seriously)
- Federal Circuit Invalidates Harvard and MIT’s Patent For NF-kB Gene Expression
- The Independent Invention Defense In Patent Infringement Lawsuits
- Supreme Court (Intriguingly) Respects Jury’s Role In Patent Infringement Cases
- The “Hot Potato Doctrine” Lives! Fish & Richardson Sued for Ditching Client