Yes, our law firm takes credit card payments for initial retainers

While the legal industry has been slow to adapt, Innovation Capital Law Group tries to stay in tune with the needs of our clients by adopting flat rate legal fees and flexible payment options. We understand that paying a legal retainer in the amount of a few thousand dollars can be challenging for startups and small businesses. Our law firm makes it easier for our clients to protect their IP by accepting credit card payments for initial retainers.

Keep in mind that an initial retainer may or may not be the total cost of your IP matter. After the initial filing of your trademark or patent application, there may be additional costs in the ongoing prosecution of your application (i.e., back-and-forth correspondences with the USPTO).

What additional costs and payment options should be expected after the initial IP filing?

Trademark applications typically involve a shorter and less expensive process towards completion than patent applications. For a trademark application based on actual use in commerce or a foreign registration, it may be possible to flat rate the entire process from initial filing to registration assuming the USPTO does not issue a refusal.

On the other hand, patent applications involve greater uncertainty, longer pendency and higher costs. This is especially true of utility patent applications which get rejected with high frequency unlike design patent applications. There is some relief for patent applicants. The cost of responding to a patent rejection (called an Office Action) is typically a fraction of the initial filing cost of drafting a utility non-provisional patent application.

Whenever we report a patent Office Action, we can provide flat rate estimates for analyzing the rejections and for preparing an appropriate response. If we believe an Examiner Interview would be quite helpful, we can also provide a flat rate estimate for conducting the interview and summarizing the results in writing.

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Vic Lin

Startup Patent Attorney, Cofounder at Innovation Capital Law Group
We align ourselves with Davids fighting Goliaths. Our registered patent attorneys help innovators get IP that drives funding, growth and sales. Email or call us so we can get to work on your IP: (949) 223-9623 |