patent lawyer denver colorado

Why are patent applications so expensive?

April 13, 20231 min read

“Are patents worth the investment?”

Did you know that putting together a patent application can be pretty pricey, but it's usually an investment that pays off in the long run?

Patents provide you the ability to exercise a monopoly over your technology, which enables you to charge more money for associated products because of the disincentive to competition.

However, why do they cost such a fortune? A big part of it comes down to the amount of time and experience that patent lawyers need to invest.

Follow me (@themoatgoat) on Instagram and TikTok to gain additional insightful information regarding the protection of your ideas.

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Jeffrey Schell

Jeff’s mission is to transform innovative concepts into extraordinary companies. In 2019, top tier law firm Hall Estill acquired the rights to the Rocky Mountain Patent brand, where he became the director of its national Ventures Growth practice. Following his departure from Hall Estill, he founded Schell IP specifically to incorporate all aspects of artificial intelligence in a new model for an intellectual property law practice. Jeff attended Northwestern University, graduating with degrees in Industrial Engineering & Management Sciences and Economics in 2004. He subsequently earned his JD and masters degrees in International Studies and Medical Informatics. Jeff separately studied economics at Harvard University, and in 2007, was a delegate at the Harvard China-India Development & Relations Symposium. ColoradoBiz Magazine named Jeff one of the 25 "Most Influential Young Professionals in Colorado.” He was also a finalist for the Denver Post's "Colorado Innovator of the Year" and "Denver Trailblazer" awards. In 2017, Denver Mayor Michael Hancock invited Jeff to participate in Denver's official trade delegation to South Africa and Kenya. He also became elected President of TiE Denver, one of Colorado’s leading entrepreneur and angel investor ecosystems, from 2019-2020.

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If you would like to discuss a specific product concept requiring patent protection or speak with a patent lawyer, feel free to contact the Schell IP team.

The content of this website is not intended as legal advice. If you have any question pertaining to a specific matter, speak with an attorney.