What Makes the Inventor Assistance Foundation Different?
Ask yourself the following question:
What is the best approach to protecting your intellectual property?
If you are like many sole inventors and start-ups, you probably feel like you’re navigating a path between Scylla and Charybdis. On one hand, you can’t afford the exorbitant prices charged by the attorneys in prominent law firms. On the other hand, you want to ensure you get the highest quality patent possible.
Self-help web sites that offer to assist you in preparing your own patent application bring to mind Lincoln’s famous comment: “A man who represents himself has a fool for a client.” That being said, large law firms do not necessarily guarantee an optimum patent either. In spite of charging between $10,000 to $30,000 per patent application, these firms typically leverage their $500 to $1000 per hour partner rates by subjecting your invention to the limited experience of a second or third year associate.
While industry has adapted to the economic reality and global competition, law firms remain stuck in a 19th century rut when it comes to cost structures and inflexible internal policies.
The good news is, we have a solution to your predicaments – one that is adaptable, better, and cheaper.
To address the question “Who and what are we?” we need to first discuss what we are NOT.
The Inventor Assistance Foundation (IAF) is not a law firm in the traditional sense. What do we mean by this? Quite simply, while we make use of lawyers, we do so worldwide. We choose from subject matter experts, individual patent attorneys, and law firms to generate the optimum work product. We don’t believe that the customer should bear the typical exorbitant legal price tag necessary to cover large partner salaries and fancy office overhead. We also don’t believe that a $300 to $1000 hourly rate or, for that matter, any hourly rate is conducive to a healthy and productive client relationship.
Revising the way we think about Intellectual Property: The Inventor Assistance Foundation model
It is time to take the practice of law into the 21st century. By harnessing modern communications, making use of virtual offices, and leveraging the size of our client base and our support team, we reduce costs to manageable levels, do away with billable hours and replace this with a flat fee that is roughly 1/3 of what has traditionally been charged for intellectual property services.
We have established cooperative arrangements with technical experts, attorneys, and firms around the world. We are rapidly expanding our global family, taking into account experience, technological expertise, and cost to provide you with an optimized intellectual property solution to build and manage your patent portfolio and provide up-to-date, country-specific intellectual property information.
By having US and EU qualified attorneys with at least 10 years’ experience working directly with our outside attorneys and technical experts, we ensure that the work product is optimized for compliance with both the local and US patent requirements.
This allows us to offer a service that is not only reasonably priced but ensures quality and extends customer support to address post patenting headaches. We have the network and global scope to introduce the start-up and individual entrepreneur to business advisers and financial resources that extend far beyond the traditional model of: “We file your patent – then you’re on your own”.
Artificial intelligence; robotics; nanotechnology and nanomaterials; bioinformatics and biotech; networks and sensors; computational systems; 3D printing; software (gaming, social networking, searching, security, cloud, ecommerce); communications; Energy and environment (renewable energy, energy storage, greater efficiency); neuroscience; and digital medicine.
Why do we single out these technology areas? Quite simply, we have earmarked them as the areas that forward-thinking market leaders like Peter Diamandis and Ray Kurzweil have identified as disruptive technologies that will shape our future. We, in turn, will deal with them as a special case by monitoring not only your inventions in these areas but also the prior art so we can keep you apprised of the competitive landscape and potential licensing opportunities.