Reducing Costs by Investing in Patent Quality

Feb 4, 2021

Featured Image-Reducing Costs by Investing in Patent Quality

Everyone wants to get off on the right foot, whether it be making a good first impression with a new acquaintance or with the patent office. In patent prosecution, the first documents submitted to the USPTO provide patent examiners with their initial understanding of claimed inventions and set the tone for the patent process going forward. There are many benefits to initiating patent prosecution by submitting a well-planned and well-drafted patent application to the USPTO. The benefits to investing in patent quality include: 

  • higher likelihood of successPatent applications with fewer mistakes and omissions at the time of submission are more likely to be granted than their error-ridden counterparts. Post-filing changes to patent documents can be expensive, can cause avoidable delays to the patent process and can even result in the abandonment of a patent application. 
  • Fewer patent examiner rejectionsWhen a patent examiner determines that there is a substantive issue with a patent application, such as when the merit of patentability of an invention is in question, they will issue a rejection. Rejections, which are presented when examiners issue office actions, are based on the requirements laid out in Sections 101, 102, 103 or 112 of Title 35 of the United States Code. Additional research and time are needed to prepare and submit a response that will successfully overcome a rejection. 
  • Fewer patent examiner objectionsUnlike rejections that involve the merits of patent claims and are based on law, objections relate to the rules that dictate patent procedures. Objections, which also appear in examiner office actions, are denials rooted in technicalities and are based on Title 37 of the Code of Federal Regulations. Even objections that can be easily remedied can cause significant delays. 
  • Shorter patent prosecution durationsWhen one considers how many different types of rejections and objections can be avoided with an air-tight patent application, it is easy to see the impact those obstacles can have on the length of patent prosecution. Every issue identified by a patent examiner must be addressed by the patent applicant and ultimately resolved before allowance. This back and forth between applicant and examiner can cause long delays and add months or years to the overall patent process. 

Learn how to create high-quality patent applications with LexisNexis® PatentOptimizer®.

Patent Quality: Weighing Up-Front Costs and Long-Term Benefits 

Of course, every list of “pros” brings about a list of “cons” that should also be taken into account. In the case of patent preparation, the two main costs to patent applicants and patent professionals are the time involved in preparing patent documents for submission and the financial consequences that accompany the time and effort involved. It takes time to plan, draft and review patent documents. Patent professionals could pour seemingly endless hours into perfecting their patent drafts, but they rarely work for free. At some point, the amount of time spent on pre-filing tasks becomes misaligned with client budgets. Patent applications reach a state of “good enough” and are passed along to the patent office, even when there is still room for improvement.  

See how to streamline the patent process with research and drafting tools.

LNPO Claims Charts

Limiting Costs and Maximizing Benefits 

Patent drafting tools allow patent applicants to enjoy the benefits of high-quality patent applications while reducing the amount of time and money that needs to be spent in the drafting and review process. Document reviews that once took several hours when performed by patent professionals can be performed in a fraction of the time and at a fraction of the cost when automated. Tools like LexisNexis PatentOptimizer® include a variety of features that help reduce the number of rejections and objections received by patent applicants. PatentOptimizer® runs a thorough analysis of patent specifications, claims and drawings to help ensure they are first-rate, comprehensive, and consistent. With PatentOptimizer, users can limit up-front costs as well as the obstacles that stand between them and a granted patent.  

Read Integrating for Better Performance With LexisNexis PatentOptimizer® to learn more.

Quality and efficiency matter more today than ever before. Automate and streamline the process of creating high-quality patent applications and generating office action responses with PatentOptimizer ®. 

Learn more about PatentOptimizer by downloading the datasheet and reading the article Avoiding Section 112(b) Rejections With Patent Drafting Tools. Find PatentOptimizer training videos here. 

New Call-to-action

LexisNexis는 전 세계 조직이 UN SDGs에 대한 혁신 기여도를 객관적으로 추적하고 보고할 수 있도록 하는 새로운 지속 가능한 혁신 측정 프레임워크를 출시합니다.

UN 지속 가능한 개발 목표 프레임워크에 대한 특허 데이터의 업계 최초 정렬은 지속 가능한 혁신 분석에 혁명을 일으켰습니다. 12 October 2021, New York, United States — LexisNexis® Legal & Professional은 글로벌 특허 시스템을 UN Sustainable에 매핑하여 지속 가능한 중심의 혁신을 식별하고, 검색하고, 추적할 수 있도록 하는 선도적인 지적 재산권 분석 솔루션인...

When IP Meets Sustainability: Mapping Patents to the United Nations Sustainable Development Goals

By Marco Richter, Global Lead Product & Customer Success, LexisNexis Intellectual Property Solutions  Once considered a matter for governments and international organizations like the United Nations (UN), sustainability is now unquestionably a topic of major...

LexisNexis 推出新的可持续创新衡量体系,助力全球组织客观地跟踪和报告其创新对联合国可持续发展目标的贡献

业内首创:将专利数据与联合国可持续发展目标框架相结合,为可持续创新分析带来革新美国纽约 2021 年 10 月 12 日电 – 律商联讯集团 (LexisNexis® Legal & Professional) 宣布推出基于 LexisNexis® PatentSight® 的知识产权分析解决方案的创新扩展,将全球专利制度与联合国可持续发展目标 (UN Sustainable Development Goals, UN SDGs)...

LexisNexis는 전 세계 조직이 UN에 대한 혁신 기여를 객관적으로 추적하고 보고할 수 있도록 하는 새로운 지속 가능한 혁신 측정 프레임워크를 출시합니다 SDGs.

業界初、特許データを国連のSDGsの枠組みにマッピングすることで、持続可能なイノベーションの分析に革命を起こします。2021年10月12日, 米国ニューヨーク — LexisNexis® Legal & Professionalは、同社の知的財産分析ソリューションを代表するLexisNexis® PatentSight®のイノベーティブな機能を発表しました。世界の特許を国連の持続可能な開発目標(UN...

LexisNexis launches new Sustainable Innovation Measurement framework enabling organizations globally to objectively track and report on innovation’s contribution to the United Nations Sustainable Development Goals

Industry-first alignment of patent data to the United Nations Sustainable Development Goals framework revolutionizes sustainable innovation analysis.12 October 2021, New York, United States — LexisNexis® Legal & Professional is pleased to announce the launch of an...