From the course: Understanding Patents: A Deeper Dive
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Overview of the process
From the course: Understanding Patents: A Deeper Dive
Overview of the process
- A patent is initiated by filing an application. The first question people often ask is how much is this going to cost? If you choose to have an attorney file your patent you should expect to pay $6000 on the low end for attorneys fees, and then out of pocket costs for drawings, about $500, USPTO fees, generally under $500, and paralegal and docketing fees, which are typically under $500 as well. But many patents will cost well over $15,000, including software and business method patents in particular. Once you have filed your patent application it will be examined by a patent examiner. Unless you pay to expedite your patent application it will take 12 to 24 months before an examiner is assigned to your application. The patent examiner then examines the application. He or she will research prior patents and then issue a refusal. Almost all patents are initially refused for one reason or another. The examiner may find that the invention is not novel, and he or she will then cite the…
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