From evaluation to license deal, learn more about our 10 simple steps.
Step By Step Process
Please first read and review the website to learn about licensing and Lambert & Lambert’s services.
If you have any questions, please feel free to contact us by email or by phone.
Contact Us >
When you are ready to work on your invention, then submit your invention using one of three ways… 1. Online. 2. By Fax. 3. By Mail.
Learn more about submitting >
Once we receive your invention description, our staff will then evaluate it and provide you with a written report of our results.
Learn more about the evaluation >
If we accept the invention, we would agree to the terms and conditions of our relationship as inventor and agent. As inventor, you would retain all ownership in your invention.
We would then begin a period of “immersion” where we become experts in your invention or technology as well as the specific industry and market segment of your product.
At trade shows we will network with industry players and present the product to companies that we have identified in our research.
After working with the executives of the various companies, for those that are interested we will develop a proposal and negotiate the terms of the license or buyout agreement. It is often that we introduce the inventor to the company during this process through a conference call.
The license or buyout agreement will be signed between you and the company and generally we all will meet at the company’s office to get a tour and meet the major players.
Lambert & Lambert will maintain the agreement by making sure that royalties are paid on time and are accurate.