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one does not need to start with 20 people, if one doesn't have enough paying customers either...
by nspattak 4y ago
one does not need to start with 20 people, if one doesn't have enough paying customers either...
- denton-scratch 4y agoThey don't really need to employ lawyers at all. It's just an insurance club. They need an actuary, an accountant and a clerk. They can pay law-firms to do the lawyering, and contract researchers to dig up prior art. That way, the main costs arise on a per-case basis - only the office staff are fixed costs.
- TylerE 4y agoThat's seem to make a startup LESS attractive companies, no? One bad case and the whole thing runs out of money. This is the kind of service you'd want provided by somebody "too big to fail".
- wombatpm 4y agoTrue, but the goal is to fight patent trolls or non practicing entities. Not take on legitimate cases of patent infringement against Oracle or Intel or Apple
- TylerE 4y agoWinning an straightforward case in the American justice system can be quite expensive, especially when the plantiff goes judge shopping (which they all do, it's part of what makes a patent troll a patent troll).