Firearms Industry Advice

SPEAK SOFTLY, BUT CARRY A BIG PATENT


How a patent shut down a competitor in only 24 hours. Nothing more forcefully drives home a lesson you’ve been teaching for years than when what you’ve been telling others for years happens to you. I’ve been reminding everyone for years that having a patent can provide real competitive benefits, even if you never have to spend a fortune litigating it. I liken it to  [...]

HOW A “CAVEMAN” PATENT CAN AFFORDABLY SECURE YOUR INVENTION


It's been 10 years since I wrote this.  Back then, the biggest change in patent law in my lifetime took effect.  And it changed everything. The big change was that patent rights for an invention go to the first to file a patent application, not the first to invent (who has documents showing he invented it first).  This means that if you show a new product at SHOT, anyone  [...]

HOW TO GET TOP DOLLAR FOR YOUR COMPANY IN FIVE YEARS


Sometimes, I know when clients have been reading this newsletter.  Sometimes, I’m blown away to see something I wrote about years ago drive a client’s strategy. I just took a call from a client who told me they were getting ready to sell their company, and could we see about resurrecting some old trademark registrations they had earlier decided to let drop to save the  [...]

HOW “KEEP-ALIVE” PATENT STRATEGY KEEPS THE “INFRINGEMENT WEASELS” AWAY


Mustela frenata AKA the Common Weasel. AKA the lawyer for the guy who’s infringing your patent. Imagine being a general going into battle, and all the unanticipated intelligence about your enemy is gained as the battle is engaged.  Now imagine having a magic “pause” button that halts the battle, and enables you to resupply, re-arm, and redeploy your troops in the  [...]

Managing Uncertainty


It’s taken me 30 years of practice to realize it, but most of what I do is help clients manage decision making in an uncertain world.  Getting comfortable with uncertainty, and managing it wisely are keys to success. The Covid-19 pandemic is a good example.  At the outset, it looked like it might be very bad.  I’m talking about ambulances hauling away dead neighbors  [...]

HOW TO PROTECT “COOL”…


HOW TO PROTECT “COOL” TWO FAMILIAR WAYS TO PROTECT PRODUCT DESIGNS, PLUS A THIRD WAY YOU’VE NEVER HEARD OF AND CAN UNDOUBTEDLY AFFORD. Everyone wants a patent. It’s perfectly logical to want to protect a new product.  Technical innovations help set you apart in a crowded marketplace and a patent prevents anyone else from offering your innovation for 20  [...]