Avoid Costly Mistakes with Trademark Infringement Attorney Guidance
Financial Implications of Trademark Infringement
The financial consequences of trademark infringement can be severe. Legal battles over trademarks can result in substantial penalties, including statutory damages that range from $1,000 to $200,000 per trademark in cases of willful infringement1. Additionally, businesses may face the cost of rebranding if they are forced to cease using an infringing trademark, which can be a significant financial burden.