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Licensing

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The Patent Royalty 25% "Rule of Thumb"

A "rule of thumb" used by accounting experts for many years to approximate royalties in patent cases is no longer admissible in the courtroom.

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Sublicensing and Audits: Two Often Overlooked Provisions

It’s a good idea to become knowledgeable about two often overlooked provisions in licensing agreements: sublicensing and audits.

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Licensing Benefits and Infringement of Product Patent

A license is an agreement in which you let someone else commercially use or develop your invention for a period of time. In return, you receive mone...

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