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mercredi 27 mai 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.

Among the complex cases that you can encounter will be those things that are related to patents. Whether its a name of a company, ownership of a product, design, logo, and any other things, patents have to be secured under your name to make sure that no one else uses it. Contingent fee patent litigation is one option that clients have as to the mode of payment that they will have to agree on with the lawyer.

As the client, you are also in charge of deciding whether or not an attorney is the best pick.There are other considerations that you will have to look into. Before agreeing on a contingent fee mechanism, might as well get to know some factors about it.

Possibility of bigger cost. By agreeing on a contingent fee method of paying the work of a lawyer, there is this tendency that you will have to pay higher out of the full money that you will get once you win the case. This is why it is important to assess how much will be expected to spend if you go for the other alternative which is per hour payment.

Lawyers can be selective. Then we also have this issue about the attorneys being selective of what case they take. You cannot force them if they do not want to handy courses. In contingent fees, they will not be paid if they do not produce good results for your case. If you have a complicated situation, then they can refuse the job if they are not confident of winning it.

More convenient way of paying. If you pay at an hourly rate, you will need to make the payment for every transaction, or at least at a more regular basis depending on your agreement. Contingent fees on the other hand does not have this problem since all of the fees, if any, can be processed once you already won the case.

Percentage allocation is negotiable. The lawyers are in the right position to tell you what percent will they ask from you. The typical one will be one third of the full price. See how much you are expected to be paid and assess if the allocation that the attorney agrees on is reasonable enough.

Its free of charge if ever you lose. You do not have to fret so much as to the amount o f money that you will have to pay even if the result is unfavorable in your part. With the contingency mechanism, you will not be asked to pay for anything aside from those incurred in trial, when you lose.

Ensure the ownership of your product by not letting anyone steal it from you. Hire the best lawyer in town and agree on a good deal. Weigh the advantages and disadvantages of contingent fee method and see if you are willing to take it on.




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