We believe we are the right firm to assist you in realizing the untapped financial potential of your patent portfolio. Here are some of the specific advantages we offer:
- Locating buyers
- Analyzing patents using experts
- Grouping or separating patents for sale, for maximum benefit
- “Sifting” and screening large patent portfolios
- Establishing pricing expectations (buyer and seller)
- Negotiating the best price
- Negotiating important terms other than the price
- Drafting and revising contracts
- Working on due-diligence compliance, to allow contract closing
Most ordinary “patent brokers” fail to provide some (or all) of those services. Ordinary lawyers do not assist in negotiations, lack skill in patent-sale transactions, or cannot evaluate patents.
We know how to apply patent knowledge to the specialty field of patent sales
As patent enforcers, the Hoffman Patent Firm can explain why a patent is important and understand how it could be defended in a litigation or licensing discussion. We can apply our legal and technical expertise to position your patents in the best light and maximize your recovery.
Over the past decade, we have developed contacts and working relationships with buyers ranging from large commercial businesses to reputable patent funds, aggregators, and proxies. We know who is buying patents and why. As a result, we know how best to present a patent to get a particular buyer’s attention.
We are bound to strict loyalty to our clients
We often represent patent sales clients on a “success-fee” basis, where our fees are paid as a portion of recovery. Operating on a contingency fee allows us to provide quality representation to clients who lack the resources to pay hourly fees or want to minimize their out-pocket costs. In addition, a contingency fee allows us to have a common interest with the client in maximizing the buyer’s bid price.
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