Essential Tips to Protect Your Business against Patent Trolls - PowerPoint PPT Presentation

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Essential Tips to Protect Your Business against Patent Trolls

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Title: Essential Tips to Protect Your Business against Patent Trolls


1
Essential Tips to Protect Your Business against
Patent Trolls
  • By Unified Patents

2
Protect Your Business against Patent Trolls
  • Patent trolls are just as bad as everyone says
    they are. Patent trolls have become a big problem
    for many businesses. Patent trolls attack
    vulnerable businesses with a lawsuit claiming
    patent infringement. Since the patent trolls
    trend increasing rapidly, you need to protect
    your business.

3
What is a patent troll?
  • A company that obtains the right to one or more
    patents in order to profit by means of licensing
    or litigation, rather than by producing its own
    goods or services.

4
Here are some tips for NPE patent litigation.
  • Take it easy
  • Alternative options to fight with trolls
  • Use legal counsel

5
Take it easy
  • Did you receive an email from a patent troll
    claiming that you are using their patent and have
    to give them x amount of dollars as a license
    payment? If yes then its not wise to get
    emotional or reply instantly, no matter how
    disgraceful the threatening letter may be.
  • Try to take these letters as normal emails and
    control your emotions in this tense moment. The
    main motive of these trolls letters to reach out
    a large number of audiences, hoping to con one or
    two people. So, dont feed the troll by
    responding to these emails. The best thing to
    avoid these trolls is to stay calm, chill, dont
    panic and dont feed the trolls.

6
Alternative options to fight with trolls
  • Your research can give you a good idea about the
    patent existence and whether you should take it
    seriously or not. You have the options whether to
    respond or not, hire a lawyer to deal with the
    matter or not. But you have several other
    choices you had no idea about. You can file a
    complaint against patent troll with the help of
    BBB (The Better Business Bureau). This is a
    complaint mechanism in which BBU ask the troll to
    respond. The good thing is that a nonmember can
    also use this complaint mechanism.

7
Use legal counsel
  • A patent troll is not a piece of cake, so dont
    fight with them alone. It always better to use
    legal counsel who specializes in patent law.
    Consult an attorney who is professional and
    experienced in the field of IPR (intellectual
    property rights) to not only ensure your product
    and service is genuine but also helps you expand
    the required patents to guard your own assets.

8
Contact Us
  • Address - 2 North 1st Street. 5th Floor, San
    Jose, CA 95113
  • Website - https//www.unifiedpatents.com/
  • Phone - (650) 999-0889
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