Patent Troll Forced To Settle Frivolous Lawsuit Against One-Man Business

Re:Patent Troll Forced To Settle Frivolous Lawsuit Against O... by aet on Thursday August 08, 2013 @05:01PM (#6181887)

Okay, so that is equivalent to 1 person working 40 hour weeks for 7 weeks. So, one person pulling $6K a day. ($1.5M/yr) I think you could find legal support for less than that.

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Re:Patent Troll Forced To Settle Frivolous Lawsuit Against O... by w3pm on Thursday August 08, 2013 @05:05PM (#6181914)

Assuming they could maintain that for a full year, $6K a day is only 2.2MM. Also keep in mind that these hotshots don't do much of the grunt work, they offload it to any number of junior associates (which that hourly rate has to cover, in addition to other business overhead). Still not a bad gig if you can get it.

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Re:Patent Troll Forced To Settle Frivolous Lawsuit Against O... by jfb on Thursday August 08, 2013 @05:08PM (#6181935)

Keep in mind that a partner at a top firm who bills her time out at $750, is making a lot more than that, due to the nature of a legal partnership.

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Re:Patent Troll Forced To Settle Frivolous Lawsuit Against O... by jfb on Thursday August 08, 2013 @05:11PM (#6181954)

Any associate work will be billed straight through. Nobody works for free.

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Re:Patent Troll Forced To Settle Frivolous Lawsuit Against O... by smackfu on Thursday August 08, 2013 @05:53PM (#6182218)

Even if the rate was 10% of their quote, it's still $20k. Which is no laughing matter.

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