Protecting Your Inventions with a Patent: Recent Change in U.S. Patent Law

July 29, 2013

According to a recent change in U.S. patent law, specifically the Leahy-Smith America Invents Act, or AIA, the system has been switched from first-to-invent to first-to file. This revision means that your invention may be at risk if another entity is able to file an application before you with a similar idea or product. A recent article discusses some tips that will help you navigate these new guidelines.

To determine if you have a new invention, you will need to search internationally. During the application process, your invention will be judged against global inventions before you are able to win the patent. You can also consider filing a provisional application rather than a full application, which holds your patent for a year. This translates to a more affordable application fee and less required information. However, it is important to keep in mind that your provisional application should be consistent with future claims. In addition, a full application needs to be submitted within a year from the filing of your provisional application.

Under the new patent law, confidentiality agreements are more important. If you publicly disclose an invention, you have one year to file for a patent or you risk losing your rights to that invention. Finally, if you can qualify as a microentity by having fewer than four patent applications on record, filing fees for a full application will be dramatically reduced.


Practice Areas:



Schedule your free Exploratory phone call

Click here to see how we
can be of assistance.

Payment Portal
for Tax and Accounting invoice

This link offers a secure, quick way to complete your payment with Omni360 Advisors LLC.

Our Social Media

Connect with us on Social Media using the following buttons:

Visit our Podcasts

Listen in, Join the Conversation!

Recent Posts

Your Tax Return Is a Roadmap: What to Review Before Year-End

Your completed tax return can reveal planning opportunities before year-end. Review investment gains, business income, retirement contributions, and estimated tax payments with your tax and ...

<p>The post Your Tax Return Is a Roadmap: What to Review Before Year-End first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>

Business Owners: Five Financial Conversations to Have Before December

Before year-end, business owners should review profit projections, cash reserves, major purchases, retirement plan funding, and personal financial goals with their advisory team. The start ...

<p>The post Business Owners: Five Financial Conversations to Have Before December first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>

Before You Make a Year-End Financial Move, Ask How It Affects the Rest of Your Financial Picture

Before making year-end tax, investment, retirement, business, or charitable decisions, consider how each move affects your broader financial picture. Year-end financial planning often starts with ...

<p>The post Before You Make a Year-End Financial Move, Ask How It Affects the Rest of Your Financial Picture first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>