Legal Work as a Tool to Build Your Business

Clients will come to me and say, “I want to form a corporation,” or “I want to get a patent.” If the client wants a service, we provide it. That may be the client’s objective.

More often, the client’s true objective is to make money. A patent, for example, is not an end in itself. It is a tool for building business. The client may simply be assuming that the patent will help the business to make money. It is better to examine cost versus benefit in each case. Cases will vary. For example, in some scenarios, a software patent will be a very important and cost-justified tool for building business. In other situations, applying for a software patent will be a very expensive undertaking with little likelihood of a significant return on investment.

Analyzing whether making expenditure for legal services will provide the result that you desire will help you in making the best use of precious cash resources.

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