IPTOOLS, LLC INTRODUCES IPFEE.COM, FREE LEGAL FEE GENERATION ENGINE FOR INTELLECTUAL PROPERTY WORK

IPTools, LLC announces the debut of IPFee.com, a free service that enables clients to calculate competitive fees for intellectual property legal work.

Philadelphia, PA -- Adhering to their reputation for innovative intellectual property law resources for the public, IPTools, LLC announces the debut of IPFee.com, www.ipfee.com, a free service that enables clients to calculate competitive fees for intellectual property legal work. IPFee.com utilizes a sophisticated legal fee generation engine, a scaled down version to the technology used on its sister site, Feebid.com. The system provides clients who seek U.S. representation in intellectual property with the ability to calculate competitive intellectual property law fees based on a series of parameters set by the client.

The site was designed by law professionals to couple the power of the Internet with the economic and financial needs of Intellectual Property clients throughout the world. It was developed with the input of real intellectual property practitioners and published survey results of the American Intellectual Property Law Association.

IPFees website is fast and easy to use. Once a user is registered, he or she will be led through several user screens, which will assist the system in formulating a customized legal fee. IPFees system factors in a number of variables such as the complexity of the invention, the preparation work of the client, time sensitivity of the project, and differences in geographic locations. The user can then use the generated fee quote when comparatively shopping for IP counsel. We developed IPFee for clients who wanted realistic and competitive fee estimates but who didnt want to utilize a full RFP process," said Scott Fields, IPTools, CEO and the developer of IPFee.

For additional information on IPFee.com, visit their website at www.ipfee.com, or you can contact them by phone during regular business hours at (215) 665-3214 or at sfields@obermayer.com.

About IPTools, LLC
IPTools, LLC is a Philadelphia based Internet Company that develops innovative online tools for the Intellectual Property and legal market. IPTools owns and operates a number of law related websites including FeeBid.com and IPToolbar.com. IPTools CEO, Scott Fields, is the Chairman of the Intellectual Property Law Group of Obermayer Rebmann Maxwell & Hippel, LLP in Philadelphia.