Important Steps You Should Take to Minimize the Risk of Patent Troll

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Important Steps You Should Take to Minimize the
Risk of Patent Troll

• By Unified Patents

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settle or fight

• You have two options in the case of patent
  infringement litigation settle or fight. In
  both cases, you have to spend your hard-earned
  money to deal with the patent troll .

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It Is Because Of the Patent

• NPEs target companies because of the patent.
  Therefore, remove risky patents to minimize the
  risk of getting sued for patent infringement.
  Honestly, it is hard to find a viable way to keep
  NPEs at bay.

4
Prevention - Patent Insurance Coverage

• Getting patent insurance coverage is the most
  prudent proactive approach for preventing patent
  infringement litigation. A patent troll has to
  think before suing you when you have got covered.
  After receiving an assertion letter, taking a
  hasty decision to settle or fight is not a wise
  move. First of all, collect the maximum
  information about the patent.

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assistance of a patent attorney

• You can also get the assistance of a patent
  attorney to help you out in this situation.
  However, a patent insurance coverage provides the
  best protection.

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The Action

• Eliminating problematic patent is the best
  approach. However, sometimes, it is not possible
  to eliminate the patent. You need a team of
  top-notch experts to identify and acquire patents
  that are not prone to patent trolls.

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Eliminate or get insurance cover

• If you can eliminate, then eliminate. If you
  cant, get insurance cover. The patent attorney
  can give you the best advice whether you should
  fight or settle.

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conclusion

• The patent infringement risk is increasing. And
  sadly, the costs involved in litigation are still
  too high. Therefore, many companies show the
  willingness to settlement. However, this
  multiplies the confidence of patent trolls.
  Therefore, every company that is using a patented
  technology or product should have proactive
  strategy to deal with patent trolls.

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Contact Us

• Address - 2 North 1st Street. 5th Floor, San
  Jose, CA 95113
• Website - https//www.unifiedpatents.com/
• Phone - [phone]