1) The document compares the costs of preparing patent applications using different models, including an individual attorney, a law firm with attorneys and associates, and a company that uses a fixed fee. 2) Preparing applications with TR Patents, which charges a $5,000 fixed fee, is significantly less expensive than using an individual attorney charging $300/hour or the compared law firms. 3) TR Patents can complete about 110 applications annually using one attorney and three technical advisors, more than an individual attorney working alone.

2. Page 2 of 13
TYPICAL APPLICATION PREPARATION COST
One attorney billing at $300 per hour to complete one (1) application in, on average, 40 hours.
8 Hours 30 Hours 2 Hours 40 Hours
Read disclosure Prepare drawings Finalize 1 Application
and draft claims and draft body
$2,400 $9,000 $600 $12,000

3. Page 3 of 13
TR Patents, LLC APPLICATION PREPARATION COST
One attorney billing a $4000 fixed-fee and three (3) technical advisers
billing a $1000 fixed-fee (each) to complete three (3) applications in, on average, 40 hours.
8 Hours 28 Hours 4 Hours 40 Hours
Read disclosure Prepare drawings Review, enhance 3 Applications
and draft claims and draft body and finalize
$4,000 $1,000 $5,000
(EACH) (EACH) (EACH)

4. Page 4 of 13
TYPICAL ESTIMATED ANNUAL PRODUCTION
One attorney billing at $300 per hour to complete one (1) application in, on average, 40 hours.
7 Hours/Day1 x 5 Days/Week x 46 Weeks/Year2 = 1610 Hours
40.25 Applications
1
8 hour work day with one (1) hour devoted to non-billing/administrative activities.
2
52 Week calendar year minus (two weeks federal holidays + two weeks annual leave + two weeks sick leave).

5. Page 5 of 13
TR Patents, LLC ESTIMATED ANNUAL PRODUCTION
One attorney billing a $4000 fixed-fee and three (3) technical advisers
billing a $1000 fixed-fee (each) to complete three (3) applications in, on average, 40 hours.
6 Hours/Day3 x 5 Days/Week x 44 Weeks/Year4 = 5280 Hours
[6 + (3)(6)] [5 + (3)(5)] [44 + (3)(44)]
110 Applications5
3
8 hour work day with two (2) hours devoted to non-billing/administrative/training activities.
4
52 Week calendar year minus (two weeks federal holidays + four weeks annual leave + two weeks sick leave).
5
Limited by attorney time of 1320 annual hours divided by 12 hours per application.

6. Page 6 of 13
FIRM A APPLICATION PREPARATION COST
One attorney billing at $400 per hour and three (3) first-year associates
billing at $208 per hour to complete three (3) applications in, on average, 40 hours.
8 Hours 28 Hours 4 Hours 40 Hours
Read disclosure Prepare drawings Review, enhance 3 Applications
and draft claims and draft body and finalize
$3,200 $5,824 $1600 $10,624
(EACH) (EACH) (EACH) (EACH)

7. Page 7 of 13
FIRM B APPLICATION PREPARATION COST
One attorney billing at $400 per hour and three (3) first-year associates
billing at $208 per hour to complete three (3) applications in, on average, 40 hours.
1 Hour 35 Hours 4 Hours 40 Hours
Read disclosure Draft claims, figures Review, enhance 3 Applications
and body and finalize
$400 $7,280 $1,600 $9,280
(EACH) (EACH) (EACH) (EACH)

8. Page 8 of 13
FIRM C APPLICATION PREPARATION COST
One attorney billing at $400 per hour and three (3) third-year associates
billing at $240 per hour to complete three (3) applications in, on average, 40 hours.
1 Hour 37 Hours 2 Hours 40 Hours
Read disclosure Draft claims, figures Review, enhance 3 Applications
and body and finalize
$400 $8,880 $800 $10,080
(EACH) (EACH) (EACH) (EACH)

9. Page 9 of 13
FIRM D APPLICATION PREPARATION COST
One attorney billing at $400 per hour and three (3) first-year, major-city* associates
billing at $266 per hour to complete three (3) applications in, on average, 40 hours.
1 Hour 35 Hours 4 Hours 43 Hours
Read disclosure Draft claims, figures Review, enhance 3 Applications
and body and finalize
$400 $9,310 $1,600 $11,310
(EACH) (EACH) (EACH) (EACH)
*Major-cities include New York, D.C., Chicago, Boston, San Francisco, etc. First-year salaries are $160k.

10. Page 10 of 13
TYPICAL ASSOCIATE BILLING RATE
350
300
250
200
150
Hourly Rate
100
50
0
1st 3rd 5th 7th
Year Year Year Year
Typical 1st year associate salary based on 2000 billable hours is $125K in major cities.
If typical 1st year associate collects approximately 30% of billings, then typical 1st year associate’s billing
rate is $210/hr.
Typical pay raise for associate is $10k per year, which translates into $16/hr per year.

11. Page 11 of 13
COST PER APPLICATION
12000
10000
TR Patents, L.L.C.
8000
Firm A
6000 Firm B
Firm C
4000
Firm D
2000 Typical Attorney
0
Typical Application Cost

12. Page 12 of 13
Percent Savings in Application Preparation
via
TR Patents, L.L.C.
60
less than Firm A
50
less than Firm B
40
less than Firm C
30
20 less than Firm D
10 less than Typical
Attorney
0

13. Page 13 of 13
Invested Application Preparation Hours
for $5000 Application
40
35
30 TR Patents, L.L.C.
25 Firm A
Firm B
20
Firm C
15 Firm D
10 Typical Attorney
5
0