Invention News

Major Patent Law Changes

On September 16, 2011, President Obama signed The Leahy-Smith America Invents Act (Patent Reform Act of 2011) into law.

The Inventors Assistance League believes this new law is a setback for small inventors, while giving large corporations the upper hand.  Nevertheless, small inventors do have choices that can still be exercised to protect their ideas.

First of all, the key part of the new law that changes our program does not go into effect until March 16, 2013.  This allows you to use the legal tools we have been teaching for over 49 years to protect your ideas until then.  However, the sooner you start the process, the more options you have--especially cost saving options.  It cannot be emphasized enough:  This is the time to take action with your idea!

Although protecting your idea is very important, you won’t profit from it unless you properly market your idea to potential manufacturers who may make and distribute it.  Please note:  The marketing portion of our Home Study Program is virtually unaffected by this new law!

Having said all that, you must still be prepared to use the new law in the future.  The Inventors Assistance League is working diligently to update our Home Study Program.  As a new member, you will receive a free upgrade to the latest edition as soon as it becomes available.

For detailed information see the resource page at the United States Patent & Trademark Office website:

http://www.uspto.gov/aia_implementation/index.jsp#

Below is the latest on the "America Invents Act" according to Wikipedia, which is regularly updated by its users and writers from around the world.  IAL can not guarantee the accuracy of the provided information.