Posts Tagged: "professional responsibility"

USPTO Adopts New Ethics Rules Based on ABA Model Rules

The Federal Register Notice explains that currently there are approximately 41,000 registered patent practitioners, with at least 75% of the roster of patent practitioners being attorneys who are admitted in one or more States. Given that the ABA Model Rules have been adopted by 49 states and the District of Columbia, nearly all of the attorneys registered to practice at the USPTO are already professionally governed by ethics rules modeled from the ABA Model Rules of Professional Conduct. Thus, this change should not be considered to be a substantive change to the rules that apply to patent attorneys.Indeed, the Federal Register Notice explains that this USPTO efforts “benefits and reduces costs for most practitioners by clarifying and streamlining their professional responsibility obligations.” Of course, for those who are patent agents, however, the rules will be different.

Competency Standards and Ethical Regulations for U.S. Intellectual Property Brokers and Other Middlemen

Individual inventors and corporate IP owners are used to dealing with accountants, lawyers and investment advisors – all professionals who are governed by state and/or federal professional regulations, and/or national association guidelines. Well, the question I pose is: What professional regulations govern the qualifications and conduct of all these IP middlemen? The short answer to the above question is “none!” After all, there is no IP brokerage or IP middlemen governing body.