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This could involve licensing agreements or financial compensation. 2.3 Immediate Steps to Take If You Receive a Patent Confirmation Conduct a Risk Assessment: Weigh the potential risks, including financial liabilities and business interruption. Contact Legal Counsel: Ask patent attorneys to analyze the strength of the case and provide guidance on possible cape verde b2b leads responses. Assess Business Impact: Consider how the dispute could affect your company's operations, products, and long-term strategy. 3. Why Settlement is a Preferred Option When a patent is asserted, litigation is not the only way forward. In fact, most patent disputes are resolved through settlements, which provide various benefits to both parties.


Cost Savings: Litigation can be prohibitively expensive, often involving legal fees, expert witnesses, and court costs. An early settlement helps avoid these financial burdens. Time Efficiency: Patent litigation can take years to resolve, and settlements can be reached in months or even weeks, allowing both parties to focus on their business operations. Reduced Risk: Court decisions are unpredictable, and a settlement provides a controlled, predictable outcome, minimizing the risk to both the patent holder and the accused infringer. Business Continuity: Litigation can disrupt business activities, especially if products are tied up in legal proceedings.