On October 10, 2019, Jeremy M. Stipkala, Ph.D., J.D., Patent Attorney with Thrive IP®, spoke at FICPI’s 18th Open Forum in Vienna on “Alternative Fee Arrangements and Client Experience in the United States.” Dr. Stipkala examined cash and non-cash compensation, contingent fees, insurance coverage, and litigation financing, and ethical considerations raised by each. For example, 37 C.F.R. § 11.108(i) allows a patent practitioner to receive an interest in a patent or patent application as part or all of the practitioner’s fee in limited circumstances, but 35 U.S.C. § 262 suggests an additional agreement is required. Strategies for meeting tax obligations of equity stock ownership in a client company were also explored. To find out more about patent application services offered by Thrive IP®, please click here.
