Patent valuation refers to determining the value of patents. Some patents are very valuable, but a number are not. Because patents often are quite complex, patent valuation is usually a highly detailed and expensive process that requires the input of lawyers and advisers with specific technical knowledge and experience. The makeup of patent valuation teams will vary by engagement, but it is axiomatic that before an appraiser can value something, he or she has to understand what it is.

Patent lawyers are qualified attorney-at-law and are technically trained, usuallyhaving a degreein engineering or in one or more of the sciences. Patent lawyers provide clients with highly specialized support in all areas of patent law, including the application work and preparation for patents, patent licensing and patent infringement litigation (at both the trial court and appellate levels). Patent lawyers are skilled and experienced in the procedures of the U.S. Patent. Patent lawyers devote a majority of their practice to patent law. Practicing lawyers are skilled and experienced in the areas of patent application work, litigation, and counseling services. Patent lawyers promote the advantages realized by clients for patent application work, litigation, and counseling services.