Intellectual Property Law

How can I ascertain what financial compensation I should receive in exchange for my intellectual property?

I have invented an apparell accessory. It is patented. A major company is interested in producing my idea/protoype. Where and who should I consult with/hire to assist me in my negotiations in determining what my financial compensation should be in exchange for my intellectual property? .....As many detailed suggestions would be greatly appreciated! (I really feel like I'm in the dark with regard to this whole area.) THANKS!!!!

Public Comments

1. Andrew, A quick Google search turned up this link. It discusses the concepts and methods used to apply a value to intellectual property. Good luck w/ your venture. - Indy http://scientific.thomson.com/free/ipmatters/acctecon/8199544/