Friday, May 29, 2015

Popular Client Issues Related To Contingent Fee Patent Litigation

By Winifred Christensen


Hiring a lawyer can be real challenging for any client. Unless you have a family attorney, you will have to spend time looking for a professional who is capable on handling the specific case that you have. Plus, not all attorneys take on all types of work. Some of them have specialization. So if the one that you have is not open to the possibility of serving the needs that you have, then you will have to look somewhere else.

In a complicated matter such as patents however, you will need someone who specialize on it. This way, you can assure that they are familiar with all the proceedings that will have to be employed on the case. Contingent fee patent litigations is one thing that you have to settle once you decide to hire someone.

Other clients find this advantageous. And then there are those that think its not cost efficient. If you want to settle a patent issue and would like to hire someone, be very mindful of how they want to be paid. Some ask for a flat hourly rate while others have this contingent fees. Here are some common issues revolving around this.

It can be more costly. One of the issue, which others strongly consider as a disadvantage is the potential high cost that this method can charge. Since you are paying by percentage, then the amount might be greater compared to when you just pay them at an hourly basis.

Some lawyers can select. Attorneys know better the type of cases that they are capable of winning. If you are under contingency agreement, it is only natural to meet professionals who can be very selective. If the issue that you have is complicated enough, several of them may refuse to accept it. If they lose, they will not be paid.

You are saved from the need to immediately pay the attorney at a regular basis. If there is something that clients will love about this method, it will be the fact that they do not have to pay the attorney immediately. Since they on percentages of the payment that you will receive from the other party, you can just pay them after you win your case.

Percentage of earning is negotiable. The usual rate of the division is one third of the entire earning. However, it is open to negotiation. Some attorneys may also charge higher than this considering the other expenses that they have spent while working on your issue.

There is no need to pay if you do not win. Its only natural to get disappointment especially if we lose and we end up paying much already. With this method, you will not be charged if the result of the case will not turn out to be what you expect.

Be a responsible client by making sure that you are aware. Do no just let anyone handle your issue. If you want to win and own the patent to something, you must fight for it alongside a trusted and competent attorney. Choose wisely. If you need assistance on the search, do not hesitate to ask recommendations from the people you know.




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