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100% Transparency: Inventors! We’re not like other firms that have complex hourly rates or hidden fees. No hourly rates, only flat-fees. In fact, we’re so Bold as to give you our PDF price sheet below.
No Surprises: You are a hard-working entrepreneur, inventor, or business owner and you deserve to know the truth, so we’re not hiding the ball or playing games about attorney’s fees. There’s no question on what your invoice will be from us, no hourly billables, no stress.
We’re Not Cheap: High-end level legal services come with a higher price tag because you simply get more value with us. Our client communication is unmatched. We’re not going to cut corners, leave you hanging, or turn our back on you. As the axiom goes, you get what you pay for.
Zero Risk: After you get started with us, if after your first legal consultation, you aren’t completely satisfied, we’ll refund you 100%, and we can part ways.
How Much Does a Patent Cost?
As an inventor, one of the first questions that comes up is, how much does it cost to get a patent? The answer depends on the complexity of your invention, but it typically ranges from $700 to $40,000. In this post, we’ll walk you through the three main stages of getting a patent and break down the costs so you can better understand what you’re investing in.
Step 1: Patentability – Is Your Invention Worth Protecting?
Before you dive into the patent process, you need to confirm that your invention is patentable. This is crucial because you don’t want to waste time and money filing for something that isn’t unique or hasn’t met the legal requirements for patent protection.
The first step is a patent search. Hiring a professional patent attorney to conduct this search will give you a better idea of whether your invention is truly unique. This process costs anywhere from $200 to $5,000+ depending on how complex your invention is. After the search, you’ll get a legal opinion on whether it’s worth moving forward.
If your invention is deemed novel and unique, you’re ready to move to the next step.
Step 2: Patent Applications – Securing Your Invention’s Priority
Once you know your invention is patentable, it’s time to file for protection. The two primary types of patent applications are:
- Provisional Patent Application (PPA): This is a quick and cost-effective way to secure a filing date for your invention. A PPA buys you up to 12 months to further develop and test your idea while protecting your priority date. The cost for a provisional application typically ranges from $5,000 to $10,000+.
- Non-Provisional Patent Application: This is the formal, full application that will be examined by the USPTO. The process is more complex and requires a detailed specification, drawings, and claims. Depending on the complexity of the invention, this application costs between $5,000 and $20,000+. This step includes drafting detailed claims that define the boundaries of your patent rights.
Step 3: Prosecution – Defending and Finalizing Your Patent
After submitting your patent application, the USPTO examiner will review it to ensure it meets all requirements. Prosecution is the process where the examiner may issue office actions – basically requests for additional information or clarifications. Most inventors face one or more office actions during the process, where the examiner may challenge the novelty of your invention or propose adjustments to the claims.
Addressing these office actions can cost $1,000 to $5,000+ per response, and you’ll likely go through two to three rounds of back-and-forth with the examiner. The goal is to make sure that your claims are broad enough to give you proper protection but specific enough to avoid rejections.
Once the examiner is satisfied, and if no further objections arise, your patent is granted! But keep in mind that there are maintenance fees every 3.5, 7.5, and 11.5 years after issuance to keep your patent enforceable.
Final Thoughts: What Are You Really Paying For?
To summarize, the total cost of securing a patent can range from $7,000 to $40,000+, depending on the complexity of the invention and the steps involved. The key is breaking it down into manageable steps:
- Patentability – Conduct a search and ensure your invention is novel.
- Patent Applications – File a provisional or non-provisional application.
- Prosecution – Work with your attorney to handle office actions and get your patent granted.
By understanding each stage, you can make informed decisions and ensure you’re spending wisely.
Ready to take the next step in protecting your invention? Download the Bold Inventor Kit today and schedule a free consultation to get started!