Processing law firm out-of-pocket costs using a separate account

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20040236613A1
SERIAL NO

10710483

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A computerized method and system for the payment of out-of-pocket fees such as patent and trademark fees is disclosed. The patent or trademark fee for a client of a firm is charged against an account maintained by an organization separate from the firm. A charge issued at a workstation at the firm is delivered to a patent or patent and trademark agency, or a foreign associate firm, where it is cashed against an account maintained by the separate organization. The firm bills the client for the fee, along with a service charge, while the separate organization bills the firm for the fee and the service charge. Payment from the client to the firm for the fee and service charge is then sent to the separate organization to cover the firm's bill from the separate organization. A law firm maintains its own account and uses a second account funded with a loan to pay the out-of-pocket costs.

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Patent Owner(s)

Patent OwnerAddress
PATENT AND TRADEMARK FEE MANAGEMENT LLCMINNEAPOLIS MN

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Lundberg, Steven Minneapolis, MN 207 3169

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