Getting a patent for your invention to a grant takes a lot of time, effort and resources. And subsequently producing a product that uses your invention takes even greater effort. With all of the effort you put into developing an invention and securing patent rights, it is only natural to ensure that you control the patent and that others are not using it without your permission. This is why it is so important to monitor the market for possible patent infringement. Here at Levin Consulting Group, we take care of the monitoring and enforcement of our clients’ patents so that they can focus on thriving within their industry.
Surprisingly, most patent owners do not monitor their competition for patent infringement. They are either scared by the presumed resources that come with patent litigation or they just lack the resources for monitoring.
Levin Consulting Group developed a dedicated process to help patent owners to secure and assert their patent rights. We can both monitor your competitors and assist you with enforcing your patents.
As we previously mentioned, there are many reasons why a patent owner would have a difficult time staying on top of their invention. But this is something that all inventors should invest the time and resources into because patent infringement happens more often than people think.
Whether through willful or unintentional patent infringement, there are many examples of businesses using a patent they do not own without first acquiring a freedom to operate opinion. This means that the original inventor misses opportunities to profit off of their work.
The question that every inventor asks after they discover their patent is being infringed is What can I do about this? There are a few options available to inventors and companies, and we are here to help guide you through the available options to find a solution that works best for you.
Litigation is one of the first things that comes to mind for most people. But it is not the only course of action. You could also be interested in patent licensing, which allows someone else to use your invention in exchange for financial return. Furthermore, based on your IP and Business Strategy, you may want to seek out an alternative settlement or some other resolution. Again, we’re here to help inventors and businesses go with the option that makes the most sense to them.