As an attorney at AdamsIP, LLC, I have witnessed the power of mediation firsthand when it comes to resolving intellectual property (IP) disputes. From this perspective I often stress the importance of mediation as an alternative to litigation. In this blog post, I share why mediating IP disputes is often the best approach for all parties involved.
Patent infringement litigation can be costly. While the precise costs vary according to the value of the patent involved, legal fees in excess of $1 million are not uncommon in patent litigation, with total costs often climbing to several million dollars. Those fees and damages can easily put startups and other early-stage companies out of business. It is therefore essential for such companies to build a patent infringement avoidance strategy into their larger business and intellectual property strategies. After all, the best way to manage costly patent litigation is not to infringe on another company’s patent in the first place. Avoiding patent infringement often is easier said than done, but an Alabama patent litigation attorney can help you develop a plan that works for you.
Startups and other small businesses often develop groundbreaking products with great commercial potential. However, their limited resources often prevent them from manufacturing and selling those products themselves. It becomes necessary, therefore, to license the invention to third parties who have the resources to do so or to use the invention as leverage for investment. But pitching an invention to a third party is not without risk; the other company could steal the invention or the inventor could inadvertently lose patent rights in it. An Alabama intellectual property lawyer can help you protect your IP in these scenarios.
Artificial intelligence (AI) and machine learning (ML) are some of the most exciting, potentially world-changing innovations being developed today. Given the rapid expansion of AI/ML innovations in virtually all industry sectors, it makes good financial sense for AI developers to apply for patent protection on their innovations. However, some innovators want to take AI patent protection a step further by seeking patents on inventions created by their AI systems, viewing AI inventors as analogous to human inventors. When asked whether an AI system could qualify as an inventor under U.S. patent law, the United States Court of Appeals for the Federal Circuit answered on August 5 with a resounding “no” in Thaler v. Vidal, as our Alabama AI patent attorney explains.