Business
LegalZoom Launches Streamlined Provisional Patent Filing Product to Help Businesses and Entrepreneurs Protect Intellectual Property, Secure Funding and Drive Growth
LegalZoom’s law firm to provide affordable patent protection through intelligent technology and licensed patent attorneys at a fraction of traditional costs
About this update from Legalzoom.com, Inc.
[{"type":"text","content":"\nLegalZoom’s law firm to provide affordable patent protection through intelligent technology and licensed patent attorneys at a fraction of traditional costs\n\n\n MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--\nLegalZoom.com, Inc. (Nasdaq: LZ), a leading online platform for legal services, today announced the expansion of its intellectual property (IP) legal services to include patent filings via LegalZoom’s law firm, LZ Legal Services. Building on its success in providing affordable and accessible premium trademark registration services, LegalZoom is now offering attorney-assisted provisional patent application services, designed to help businesses and inventors protect their innovations, secure funding, and drive growth.\n\n\nThe demand for IP protection is at an all-time high. The U.S. Patent and Trademark Office granted 368,597 patents, growing 5.7% for the period of December 1, 2023 - November 30, 2024. Recognizing the critical need for accessible and cost-effective patent solutions, LegalZoom has reimagined the provisional patent application filing experience to make it faster, simpler, and more affordable than ever before.\n\n\n“Combining innovative technology with attorney expertise, LegalZoom is committed to transforming how people navigate the legal system. We aim to make it as easy and affordable for inventors and businesses to take the critical step of protecting their intellectual property, with the guidance of LZ Legal Services’ experienced lawyers at their side,” said Nicole Miller, Chief Legal Officer at LegalZoom. “We’re particularly proud to be the one of the few online patent service providers offering expedited provisional patent application filings, addressing a critical need for speed in today’s fast-paced business environment – as funding can often be dependent on entrepreneurs getting their inventions into 'patent-pending' status.”\n\n\nThis new offering directly addresses the pain points of inventors and businesses. For individual inventors and early-stage startups, securing “patent pending” status is crucial for establishing credibility with investors and customers. However, limited resources and legal expertise often make the process daunting. While traditional offline law firms preparing provisional patent application filings charge an average of $5,500+, LegalZoom offers a basic self-guided patent packag...