Question – Tell me about contingency litigations. As a patent holder suing a competitor for patent infringement, what might I have to contribute to cover out of pocket costs?
Answer – A typical patent litigation runs at least $750K in fees and costs to litigate through discovery, and at least another $750K through trial. Heavily found patent litigation can cost several million on each side through trial, and additional fees and costs on appeal. Even in smaller cases, the out of pocket costs can easily run $250K, with technical and damages experts running at least $70K each. Fortunately, about 90% of cases settle way before trial, either because of summary judgment or settlement.