The explosion of the Internet and the advent of sophisticated
computer programs has revolutionized the business world. Business
method patents provide a tool that can offer a competitive advantage in
the marketplace. As businesses increasingly seek legal protection in
the form of business method patents, it is important that a business
understands how this tool fits into its intellectual property strategy.
Altera's team of patent attorneys can answer questions about
how to obtain a business method patent that has value. Business method
patents require a vigorous investigation to forge a patent application
that withstands the limitations of a United States Patent Office
search. Much of the information about business methods is not in a
printed format accessible to the public (or the Patent Office).
Altera’s patent attorneys focus on creating a valuable patent
for a business beginning with the application process. Altera’s patent
attorneys endeavor to address shortcomings that can surface years after
a patent issues.
Our philosophy is do it right the first time, minimize future
attacks on the business method patent, and create strong patents that
encourage settlements. While this approach may initially involve more
time and cost, it is prudent to spend the money before the patent is
challenged in litigation, especially with patent litigation averaging
about $2-4 million dollars through trial.