If you think you’re safe from patent trolls because your company is too small to attract their attention, think again. Nearly a quarter of all cases filed by patent trolls are against small and midsize companies.
Riley Russell, chief legal counsel for Sony Corp., said patent trolls typically go after several smaller firms, seeking settlements of about $500,000 to $1 million each. They use that money to pay attorneys to go after huge settlements from big corporations.
So how can small and midsize…
If you think you’re safe from patent trolls because your company is too small to attract their attention, think again. Nearly a quarter of all cases filed by patent trolls are against small and midsize companies.
Riley Russell, chief legal counsel for Sony Corp., said patent trolls typically go after several smaller firms, seeking settlements of about $500,000 to $1 million each. They use that money to pay attorneys to go after huge settlements from big corporations.
So how can small and midsize…