IP Forecaster can quickly and easily create PCT cost forecasts including custom selections for receiving offices, ISAs, SISAs & IPEAs. These forecasts can be Saved, Emailed, and/or Exported for later use or distribution to team members or clients for review.
Let’s generate a PCT forecast nationalizing in China, EPO, Japan and the US with the US as your Receiving Office and ISA. Your application has 1 priority app, 15 total claims, 2 independent claims and 100 pages.
- From your homepage at the top under Create New Forecast, simply click the button labeled “National Phase”. This will take you directly to the Patent Forecast Request screen setup specifically for national filing forecasts.
- Under Select National Phase countries or country groups, click the select countries here dropdown and search using type-ahead for China, hit the enter key or click on the country to select it. Repeat the same for EPO, Japan and United States. Note: Select country groups will store any groupings of countries you have created for faster bulk addition of multiple countries at once.
- Under the Application Details tab, enter 1 for Number of Priorities, 15 for Total Claims, 2 for Independent Claims and 100 for pages.
- Under Settings on the right of your screen, you can enter your Target National Filing Date (defaults to current date). For Phase costs, the default is to exclude Maintenance costs from the report. You may toggle off/on any phase costs as needed.
- Under More settings, you can set your Report Currency, Transmission Method, PCT Transmission Method, Entity Size, Duration and Application Language. All default as well, but can be adjusted as needed.
- International Offices tab: The system allows you to set defaults for these, but at anytime under this tab, you can change the selections as needed. Note: The system will dynamically filter the selections for you as you select your Receiving Office and ISA. For this example, select United States for both.
- Translation Optimizer tab: Based on the countries selected above, if any translations are required, they will be shown. The number of pages from the application details are automatically copied into the Number of Translation pages field. You may manually change this number as desired. For your translations, IP Forecaster does include default average baseline translation costs, but if you have custom translation firms/vendors setup in the system, you may select them from the dropdown. Each time you change the selection, the cost will automatically update in real-time.
- Foreign Firms tab: If you have any foreign firms with fee schedules setup in the system for any country selected above, this allows you to select any of those firms to apply their fees for each jurisdiction.
- Optional Fees tab: This tab will display any optional PTO and/or law firm fees (in-house and foreign) for each country selected. To include any of these fees in your forecast results, simply turn the toggles on beside the fee(s) you would like to be included in your report. Note: For countries with a larger number of optional fees, click on the Show All button to display the full list for that country.
- Dynamic Fees tab: Dynamic fees are one-time fees on the fly to be used immediately in your forecasts. This enables you to create one or more ad-hoc fees as needed to be applied to your current estimate. You can choose to add as many of these as you would like for any forecast.
- Now that you have clicked through each tab and understand the features, you are ready to create your PCT forecast.
- At the bottom of your screen, click on the Create Forecast button to generate your forecast report.
- Forecast Results: You are now at your forecast results screen. You may click on the expansion arrows next to each country as well as each phase to view more details.
- Saving and Sharing (bottom left) allows you to Save, Edit, Export or Send by Email your forecast results.
If you need any additional assistance, please contact us at hello@prokurio.com, and we’ll get you the answers you need!
