Larson LLP counsel Greg Herrman published the article “Patent Monetization” in LexisNexis’ Practical Guidance in December 2025.
Greg’s article explores the ways a patent can be effectively monetized, including licensing, patent pools, and litigation.
The article begins by noting that “after making the significant investment to patent an invention, many patent owners look for ways to effectively monetize their patents…obtaining a patent can take years and require a significant financial investment, involving steps like drafting and filing a patent application, often years of examination before the U.S. Patent and Trademark Office (USPTO), and payment of an issue fee and several subsequent post-issuance fees to maintain the patent.”
The process of monetizing a patent begins with valuation, which gives a patent holder a critical benchmark for evaluating whether to license, sell, or enforce a patent through litigation. Greg outlines the standards and methods used to determine the value of a patent, then describes the options available for monetization.
Read the article: Practical Guidance, “Patent Monetization” (subscription required)