The Patent Troll Problem: Separating Myths from Reality

Episode Summary: In this episode of Infringe at Your Own Risk, patent attorney Randall Bateman dives into the world of patent trolls. He explains what patent trolls are, how they operate, and the differences between legitimate patent enforcement and abusive practices. Randall also shares strategies for inventors and businesses to protect themselves from costly disputes, navigate recent changes in patent law, and leverage courts and state laws to defend against baseless claims.

Key Timestamps Summary:

00:00 – What patent trolls are and why inventors should care. 01:30 – How the term is used and why it can be misleading. 03:30 – Acquiring patents, identifying alleged infringers, and demanding settlements. 05:00 – A case involving a cell phone charger patent and licensing settlements. 08:00 – How intent and due diligence matter. 10:00 – Defense strategies, motions to dismiss, and cost management. 12:30 – Helping small inventors monetize patents without exploitation. 14:30 – Jurisdictional updates and state laws deterring bad-faith patent claims. 16:30 – How courts and legislation shape the landscape for patent enforcement.

About the Show: Infringe at Your Own Risk features patent attorney Randall Bateman, who provides actionable guidance for protecting and monetizing intellectual property. Each episode covers patents, trademarks, copyrights, and trade secrets, offering practical insights for inventors, businesses, and entrepreneurs.