Western IP is a law firm managed by Utah Lawyer Steven Rinehart, focusing on patent law, PCT, trademarks, Internet law (UDRP), litigation, and domain name disputes.

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Can you help me sell my patent?

Perhaps. In fact, USPatentLaw will soon be launching a patent brokerage site, which will allow its users to buy and sell patents online. It will also let trustees and receivers managing bankruptcy estates and receiverships post patents and patent portfolios for sale in auctions. There are people and organizations looking to buy patents and other types of intellectual property, but they will not pay you a huge amount of money for a stall patent just because you would like to get it.

Only about 5% of patents issued in the United States make money. That means that if you own one of the 19 out of 20 patents that do not make money, you will probably have to settle for selling your patent for a few hundred dollars, or a few thousand at most.

If you happen to have one of the few valuable patents, we would certainly like to speak with you.

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