Regarding Lambert & Lambert, I’ve been working with them for the past year and I’ve been incredibly impressed with their work. Initially I submitted my invention through their evaluation system and received acceptance, scoring a 98 out of a possible 107. After signing the representation agreement I initially worked with Trevor Lambert, the President and CEO of the company. He established a licensing strategy which included tradeshow networking at the International Housewares Show and some other shows. Actual pitching of the product was performed by Dan Fulford, the Director of Sales at Lambert & Lambert.
I must say, I’ve been very happy with them, especially when compared to the two other invention companies I’ve worked with in the past (who did absolutely nothing and failed miserably). Lambert & Lambert put together great marketing material, a website and have been very tenacious in contacting companies for my product. About two month ago I was notified by Dan that one company (a manufacturer) that was approached at the National Hardware Tradeshow was very interested in my product. Trevor Lambert worked with me on what I wanted and then put together a very professional proposal, which was negotiated and later accepted by everyone. Then Trevor and their attorney drafted the license agreement and after further conversations it was signed by me and the other company just last week. I’m so glad!!!
Recently, Lambert & Lambert sent me the Trust Account information since royalties are sent directly to a third party trust who then gives each of us our percentage of royalties. It is a nice system, I must admit. Evidently, the licensee is currently engineering the product and they have told Lambert & Lambert that they will begin pitching the product in January or February. Also they have committed to having it prominently displayed at their booth at the upcoming Housewares and Hardware show.
Well, that is my experience with Lambert & Lambert…I hope that it helps. I hope the best to all of you! From one inventor to another, I understand how challenging this all can be.