Are you overpaying for trademark renewals?

By Volker Spitz

Against a backdrop of inflated official and law firm fees, rights holders need to engage in benchmarking exercises to ensure they are not overpaying for renewals

Be honest: have you ever checked whether you are paying the correct official fees – not to mention competitive local law firm fees – for trademark renewals in regions such as Africa, the Middle East, Asia or Eastern Europe? Do you know whether your renewal provider is applying proper exchange rates to foreign fees and disbursements?

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