Intellectual Property is an area of law is so far-reaching, it is hard to predict what your case’s defense costs will be. Generally speaking, Intellectual Property lawsuits are expensive and can quickly become very complicated in both the legal and technological sense. According to the American Intellectual Property Law Association, the average cost to litigate a patent infringement case through trial, when the amount at stake is between $1 million and $25 million, is $2.8 million.
Copyright cases tend to be less costly than patent cases, but a copyright case seeking the recovery of $1 million to $10 million will still cost an average of $415,000 to defend through discovery, and $710,000 to pursue through trial.
How Do I Control These Costs?
One should keep in mind the estimated ranges are for cases that go through the full legal process until judgment, and do not include settlement figures (or damages, if a judge rules against you). It is typically more expensive to bring a case to resolution. You should speak with your lawyer about strategies to reduce cost.
Nowland Law stands behind business owners and knows that our long-term success is dependent upon our client’s success, so we strive to hold reasonable and fair compensation. Our greatest strength is legal strategy founded on knowledge. Our goal in working with you would be to craft excellent strategies to help resolve this issue magnitudes quicker and cheaper than fighting out an expensive litigation.
While past results can never guarantee future performance, the attorneys at Nowland Law have a history of success in demolishing the arguments and cases of employment plaintiffs, facilitating mediation and negotiation when the parties had previously refused to participate, and negotiating favorable and acceptable settlements/outcomes.