LUMI IP earns client trust by committing to fundamentals: high quality, client-focused services and cost effectiveness.
No one ever regrets buying quality and we all talk about it: quality people, quality experiences, quality products and services. Quality is something we recognise when we experience it. It is the degree of excellence of something. William A. Foster once said, “Quality is never an accident; it is always the result of high intention, sincere effort, intelligent direction and skilful execution; it represents the wise choice of many alternatives.” Quality is of the utmost importance to LUMI IP and we have a passion for excellence and want to be the best at what we do. Our goal is not only to meet our clients' expectations but to exceed them. This also means that we will only deliver our work results to our clients once we are fully satisfied with the result.
Close cooperation with carefully selected foreign associates drives LUMI IP continuously to improve drafting and prosecution strategies to protect our clients’ business operations. In spite of the large volume of patent drafting and prosecution matters the firm handles, our practitioners pride themselves on understanding the business plans of LUMI IP's clients and taking those plans into account in the patenting process.
LUMI IP is focused on long-term client relationships, and we drive attractive and pre-agreed pricing models. Our business model rejects conventional practices associated with large firms that often include unreasonably high billing rates and uncapped projects. Instead, we work to attractive fixed rates as far as possible, especially for patent drafting and prosecution work, and we avoid the customary tally of extra fees for administrative and secretarial tasks. This enables us to deliver the best quality work, and to collaborate closely with you without keeping one eye on the clock, and it gives you the reassurance that your budget will not be unexpectedly depleted. We are able to offer affordable rates because we keep our overheads low, and we minimise our administration by using streamlined, web-based administration systems.
Procedural costs can escalate during a patent's lifetime, especially if the patent is applied for in many countries. Some of the costs, for example official fees, are unavoidable. However, the good news is that the majority of the costs of obtaining a patent can be kept under control. We carefully select foreign associates, translators and other partners who deliver top-quality service at fair rates. The best patent attorneys are not usually the most expensive. The greatest cost savings can be made during the procedures before the patent offices (examination, opposition, appeal). Extra care taken during the initial drafting of the patent application can avoid many costly problems later, for example during examination. We are proactive in patent prosecution, work closely with clients and communicate directly with patent examiners, which also helps to keep prosecution costs low.
We believe in total transparency when it comes to costs. On the one hand, this means that you can budget confidently for projected expenditure. On the other hand, it means that you can be confident that you are paying a fair rate for our work. In this way, we can build long-term relationships with clients based on openness and mutual benefit.
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