What are the steps involved in patent mediation?
Patent mediation typically involves several key steps: 1) Preparation, 2) Opening Statements, 3) Joint Discussion, 4) Private Caucuses, 5) Negotiation, and 6) Closure.
Can you explain each step in detail?
Sure! 1) Preparation: Both parties gather relevant documents and define their goals. 2) Opening Statements: Each party presents their case. 3) Joint Discussion: Parties discuss issues openly. 4) Private Caucuses: The mediator meets with each party separately to explore options. 5) Negotiation: Parties negotiate terms to reach a resolution. 6) Closure: If an agreement is reached, it's documented.
What if we can't reach an agreement?
If an agreement isn't reached, the parties may consider further negotiations, arbitration, or litigation as alternatives.
How long does the mediation process usually take?
The duration of patent mediation can vary, but it typically takes a few hours to a couple of days, depending on the complexity of the issues.
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