Posts Tagged: "representation agreements"

Patent Practice 101: Representation Agreements and Client Trust Accounts

Like so many things in life, experience is the best teacher, but finding a job without some experience can be extremely difficult. For that reason many times new patent practitioners, whether patent attorneys or patent agents, will decide to start a practice and begin representing clients. While there are many important aspects to starting a firm and representing clients, two critical pieces are signing up clients and holding unearned client money in appropriate client trust accounts prior to funds becoming earned.