Lanka Expat

Blog of a Former Expat

Finding a Reputable Patent Agent in Edmonton, AB

In our post last week, we talked about the advantages and disadvantages of getting a patent for your business.  Hopefully, you can use this information to make a decision on whether your business can enhance its competitive edge and value by jumping into the patent market.

Edmonton, Alberta

My hometown is Edmonton, Alberta.  It’s a busy and fast-growing city in central Alberta.  It’s also a major economic center, and has both established businesses and start-ups in Edmonton.  I decided to write a short guide on how to find a patent agent in Edmonton.  First, the basic things you need to be on the lookout for:

  • Experience.  Experience within the patent field is absolutely necessary.  Usually, you want at least 5 years of dedicated experience in patent law.  If you go to a large law firm, they may tell you how much experience their law firm has while handing you off to a junior lawyer who will not handle your case in the most efficient way.  That’s why you have to question the experience of the lawyer himself.
  • Honesty.  Honesty is an absolute must.  When you go to a qualified patent agent, lawyer, or attorney you are trusting their knowledge and expertise on the subject to decide whether you even have a legitimate chance of getting your patent approved, or if the patent would be useful or valuable.  Nearly anything can be patented if you place enough extra specifics in it, but that doesn’t mean it’s going to be a useful or worthwhile patent.  An honest and trustworthy agent will tell you, instead of encouraging it for them to profit.
  • Good Reviews.  There is a ton of factors to take into consideration, but using reviews and personal recommendations from business owners you may know very well maybe the best tool available.

Another way to help find the best possible candidates is to use a qualified patent law directory with an Edmonton listing (as such: http://findalawyercanada.org/patent-lawyers-edmonton/).

Anyways, that is all for this week’s post!  Check back next week for more info, and until then, best of luck!

Patent Advantages vs Disadvantages

Hey guys!  We promised more content so here goes.  We’ve just made a simple comparison to help you decide which one is right for you!

Advantages

  • Much more comprehensive legal protection: an official patent offers you legal protection of your ideas.  A trade secret offers very little protection in most jurisdictions.  With the law on your side, protecting your ideas is much simpler.
  • Official ownership of idea: you can officially create a monopoly for that market and have it in legal writing that that idea is yours.
  • Security: You know exactly how long you own it for, and you know exactly what you own.  If someone else infringes on it, you have the security of knowing you have legal means to protect your trademark or patent.
  • Assets: patents and trademarks are valuable assets to your business.  They can be worth a lot of money and significantly help your company acquire assets.

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Disadvantages

  • It costs a lot more money: while patents can be cost-effective, that doesn’t mean they are always cheap.  It can easily cost thousands to tens of thousands of dollars just to acquire one, and the same amount or more in order to maintain it.  A trade secret meanwhile, is 100% free.
  • Ease: getting a patent can be time-intensive and lengthy process.  So of course doing the opposite is much more attractive if you do not have the time or man-hours to devote.
  • Publications: it does require the publication of certain details and information.  Of course it also offers you protections to offset this, but this doesn’t reverse the fact you could avoid the publications altogether.

There you have it!  This is of course only a basic run down.  For more information on when is the right time to do it, visit this article here.

Any comments please either Contact us or leave a comment below!  We love commenters!

 

Summary of IP Law Basics

Hey guys!  Here is a summary of some of the basics of IP law.  We plan on releasing some more info on it in the coming days, so stay tuned!