A Patent Valuation Can Save Your Business Money
A patent valuation can save a business money by empowering a patent manager to streamline a patent attorney’s workload, reducing the hours spent on complex legal and financial assessments. By providing a clear, data-driven estimate of a patent’s worth, valuation reports help attorneys focus on strategic decision-making as well as filing and prosecuting the most valuable parts of the portfolio.
The efficiency in knowing where to focus minimizes billable hours spent on due diligence, licensing negotiations, and litigation risk assessment. Additionally, a documented valuation can expedite transactions such as patent sales, mergers, and acquisitions, ensuring that legal resources are used effectively while avoiding unnecessary legal fees.
MRT Patents was founded to provide business intelligence information to patent owners, patent portfolio managers, businesses, investors and organizations about their intellectual property and monetize their patents based on the information. Our patent valuation reports include a monetary value of patents in a portfolio but also include information on top assignees of patents in the market area and a table of the most valuable "other company" patents. This is some of the key information needed to direct your patent attorneys to get the maximum positive return.
MRT Patents has worked with a number of very talented patent attorneys. Their billing rates tend to be high and often they deliver a strong result. A patent manager with the right information can direct a patent attorney to focus on the areas that will generate the highest business value for the business or organization and the best result possible. The truth is that the patent attorney may not have the same view of the market and business direction as the business itself. Information, such as the market value based monetary value of the business' patents, may be exactly what is needed to get the optimal result at the minimal cost out of the patent attorneys.
MRT Patents priced our reports around 1 to 2 hours of what a typically patent attorney might cost. This price was set to make it reasonable to buy a report containing information that may help a buyer make better decisions in directing the billable hours of their patent attorney. MRT Patents hopes you will consider one of our patent valuation reports.