how much can you make as a patent lawyer

by Grace Stamm 8 min read

How much does a Patent Attorney make in the United States?

Job Title Salary Hourly Rate
Attorney I $99,130 $47.66
Attorney II $130,555 $62.77
Attorney III $160,737 $77.28
Attorney IV $180,533 $86.79
May 3 2022

Full Answer

What is a yearly salary for a patent attorney?

The base salary for Top Patent Attorney ranges from $221,795 to $304,055 with the average base salary of $264,113. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $245,202 to $388,901 with the average total cash compensation of $310,812.

What makes a good patent attorney?

11 rows · Apr 26, 2022 · The range for our most popular Patent Attorney positions (listed below) typically falls between ...

What are the requirements to become a patent lawyer?

Jan 23, 2022 · Patent Lawyer Salary | Every Details about Patent Lawyer. A patent lawyer salary should be at the top of any patent lawyer’s mind. After all, you need to be making a good living to support yourself, your family, and your practice. Good lawyers may have a salary of over $250,000, while bad lawyers may make as little as $5,000.

How much does LegalZoom charge for a patent?

Apr 18, 2022 · The average salary for a Patent Attorney is $144,377. Visit PayScale to research patent attorney salaries by city, experience, skill, employer and more.

image

How much do top patent lawyers make?

Salary Ranges for Patent Attorneys

The salaries of Patent Attorneys in the US range from $24,826 to $668,655 , with a median salary of $120,348 . The middle 57% of Patent Attorneys makes between $120,349 and $303,088, with the top 86% making $668,655.

Where do patent lawyers get paid the most?

Highest paying cities for Patent Attorneys in United States
  • San Diego, CA. $228,672 per year. 6 salaries reported.
  • $223,927 per year. 5 salaries reported.
  • San Francisco, CA. $220,195 per year. 8 salaries reported.
  • Los Angeles, CA. $217,073 per year. 10 salaries reported.
  • Washington, DC. $197,270 per year. ...
  • Show more nearby cities.
Apr 15, 2022

Is it hard to get a job as a patent attorney?

It is quite hard to become a patent attorney, but it's not impossible. You have to be someone who can sit down for long hours to study and prepare for your examinations.

Is patent law a growing field?

Intellectual property law (or “IP law”) is one of the fastest growing areas of legal practice. Opportunities in IP law exist at law firms of all sizes, mid-to-large sized corporations, universities, the government, and public interest organizations.

What is the highest paid lawyer?

Highest paid lawyers: salary by practice area
  • Tax attorney (tax law): $122,000.
  • Corporate lawyer: $115,000.
  • Employment lawyer: $87,000.
  • Real Estate attorney: $86,000.
  • Divorce attorney: $84,000.
  • Immigration attorney: $84,000.
  • Estate attorney: $83,000.
  • Public Defender: $63,000.
•
Apr 24, 2022

Which area of law makes the most money?

Types of Lawyers That Make the Most Money
  • Tax attorney (tax law): $122,000;
  • Corporate lawyer: $118,000;
  • Employment lawyer: $88,000;
  • Real estate attorney: $87,000;
  • Divorce attorney: $86,000;
  • Immigration attorney: $85,000;
  • Estate attorney: $84,000;
  • Public defender: $66,000.

Is patent law stressful?

Stress may come in the form of long working hours, demanding clients, and tight deadlines, but that is true for any law firm. You may enjoy the job aspect where you interact with clients and their creative ideas, discussing their invention, and researching the likelihood of successfully attaining a patent.Jun 29, 2021

Is it worth becoming a patent agent?

Job Prospects, Employment Outlook, and Career Development

It is possible to become a patent attorney from a patent agent. In addition to starting their own IP law firms, they can also become attorneys. It is very rewarding and prestigious to pursue a career in patent law.

What does a patent attorney do day to day?

Responsibilities include consulting inventors to discuss their ideas, examining scientific documents, drafting and applying for patents, conducting litigations and defending or enforcing existing patents.

Why do you want to work in patent law?

The Pros of Patent Law

Working in patent law allows you to learn about different inventions across all fields of science and engineering, unlike in a laboratory or academic career where you become an expert in one subfield of science and devote most of your career to it.
Jul 7, 2020

Is intellectual property law lucrative?

Practice Panther pinpoints IP law as the top-paid practice area, with an average salary of $155,037. “Dealing with patent, copyright and trademark law, IP law is booming, with new companies opening daily,” the company wrote in a blog post.May 19, 2017

What do patent attorneys do?

The patent attorney is the central point of contact for the legal protection of industrial property rights. Patent attorneys advise clients on inventions, designs, trademarks, know-how as well as on how to protect software products and plant varieties.

How much does a patent attorney make?

However, by calculating the average salaries of different kinds of patent lawyers, we have found out that the average patent attorney salary is around $134,000 annually. Sounds like an impressive figure? Even the patent agent starting salary in the United States is $114,000 per annum.

How much does a pharmaceutical patent lawyer make?

The salary for a pharmaceutical patent lawyer ranges between $98,000 and $142,000 annually. The average salary for a patent lawyer in the pharmaceutical field is around $119,000 yearly. This is the field in which patent lawyers earn a great amount of money. Filing a patent in the pharmaceutical field is also equally costly as the salaries of these attorneys are.

What is patent lawyer?

Just like any other lawyer that helps in a specific legal process, patent lawyers are people who help with the patent registration process. They fall under the category of intellectual property lawyers. They are specialized in the field of patents, intellectual property, trademarks, copyrights, and design rights. A patent lawyer is also eligible to advise on all the topics mentioned here.

How much does an IP lawyer make?

A question that rises in everyones’ head is how much do intellectual property lawyers make? The average IP lawyer salary or an IP attorney salary is around $130,000 and some of the experienced intellectual property attorneys can make up to $200,000 annually.

What is the job description of an intellectual property lawyer?

The job description of an intellectual property lawyer tells us that the intellectual property lawyer must be able to give advice related to the domains mentioned above. Some lawyers specialize in the categories that fall under intellectual property.

How does a patent lawyer work?

Their day is spent going through documents, assessing and analyzing every single piece of paper that comes in hand, cross-questioning the originality , and deciding whether a patent can be filed or not. Indeed a patent lawyer has a hectic and tiring schedule.

How long does it take to become an intellectual property lawyer?

This will help you gain experience and allow you to apply for high-paying jobs in the field. It will take you about 7 years to become an intellectual property lawyer, but you will soon realize the worth of the hard work of those seven years. Since the entry-level, intellectual property law salary is also an attractive package offered by companies.

How much does a patent attorney make?

How much does a Top Patent Attorney make in the United States? The average Top Patent Attorney salary in the United States is $260,779 as of October 29, 2021, but the range typically falls between $218,992 and $300,210. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

What is a patent attorney?

Top Patent Attorney plans and directs all aspects of an organization's patent related legal issues. Provides patent expertise to other departments where needed. Being a Top Patent Attorney demonstrates expertise in a variety of the field's concepts, practices, and procedures. Requires a Juris Doctor degree from an accredited law school. Additionally, Top Patent Attorney requires admittance to a state bar. Typically reports to top management. The Top Patent Attorney manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Patent Attorney typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2021 Salary.com)... View full job description

How much does a patent attorney make in 2021?

The average Patent Attorney salary in the United States is $184,904 as of June 28, 2021. The range for our most popular Patent Attorney positions (listed below) typically falls between $71,741 and $298,066. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, ...

What is the job of a patent attorney?

Determines potential of granting patents on inventions or trademarks, and monitors possibility of infringement . Responsible for preparing and filing patent applications and trademark registrations , litigating pending applications and registrations, and reporting possible violations. Prosecutes violations of organization's registrations and/or patents. Requires a Juris Doctor degree from an accredited law school. Requires admittance to a state bar. Typically reports to a manager or head of a unit/department. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4 -7 years of related experience. View Patent Attorney III Salary

How much does a patent attorney make?

An early career Patent Attorney with 1-4 years of experience earns an average total compensation of $120,418 based on 104 salaries. A …Read more

What is a patent attorney?

A patent attorney works in a company to ensure that its patents adhere to standard protocols and are defended against infringements. The position requires the candidate to have a law degree and to have passed the bar exam in the state in which the company is located. Additionally, certain companies look for lawyers who have studied engineering, ...

What is the purpose of analyzing scientific and technical documents previously granted patents?

Analyze scientific and technical documents previously granted patents to determine if invention is new, innovative and does not infringe upon patented items.

1. How much does a Patent Lawyer make? – Glassdoor

The national average salary for Patent Lawyer is $90,823 per year in United States. Filter by location to see Patent Lawyer salaries in your area.How much does a Patent Lawyer in United States make?What is the highest salary for a Patent Lawyer in United States? (1) …

2. Average Patent Attorney Salary 2021: by State & Field – Zippia

What Is The Average Patent Attorney Salary? The average patent attorney salary is $96,081 per year, or $46.19 per hour, in the United States. Those in the lower (4) …

7. How to Become a Patent Attorney? (Detailed Answer)

According to PayScale, the average starting pay for a patent attorney is $138,054. On the lower end of the pay scale, attorneys make $82,000 and at the high end (21) …

8. Guide To Engineering Patent Lawyer Salary 2021 Lexinter Law

Jun 28, 2021 — Average Patent Lawyer Salary; What Do Patent Lawyers Do? range of tasks an engineering patent lawyer has to perform makes the profession (24) …

9. Intellectual Property Law Jobs – What Are the Prospects?

It’s not just big companies that hire IP lawyers nowadays – individuals do, too. Pretty much anyone who creates some kind of product will seek legal help to How much do intellectual property lawyers make a year?What do IP attorneys do? (27) …

Featured Content

New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.

Job Satisfaction for Patent Lawyer

We currently don't have any reviews for this job and need at least 5 ratings before we can calculate a satisfaction score. Are you a Patent Lawyer? Take our survey to help us meet this goal.

Gender Breakdown

This data is based on 4 survey responses. Learn more about the gender pay gap.

1. Average Patent Attorney Salary 2021: by State & Field – Zippia

What Is The Average Patent Attorney Salary? The average patent attorney salary is $96,081 per year, or $46.19 per hour, in the United States. Those in the lower (1) …

2. How much does a Patent Lawyer make? – Glassdoor

The national average salary for Patent Lawyer is $90,823 per year in United States. Filter by location to see Patent Lawyer salaries in your area.How much does a Patent Lawyer in United States make?What is the highest salary for a Patent Lawyer in United States? (4) …

3. How do patent attorneys get paid? – Quora

Nov 8, 2015 — Salary.com says the average Patent Attorney makes $223,222 a year. This profession is No. 4 in CNN Money’s list of Top-paying jobs with a range of $175K to 7 answers · 15 votes: Salary.com [ http://Salary.com ] says the average Patent Attorney [ http://www1.

4. Patent Attorney Salary Statistics – FederalPay.org

The average pay for a Patent Attorney is $169,769.74. The highest paid Patent Attorney made $192,300 in 2019. Common Patent Attorney Payscales. Payscale, Number (9) …

6. What Does a Patent Lawyer Do: Everything You Need to Know

If you want to know how to write a patent application, it takes many hours of Potential patent lawyers typically earn a four-year degree in a field of (17) …

7. an Intellectual Property Lawyer – New England Law

But Payscale reports the average annual salaries for IP lawyers in particular to be around $130,000, and Salary.com shows experienced IP attorneys earning (21) …

9. How Much Does A Patent Cost? – BlueIron IP

My attorney says they can do it for much less… — My attorney says they can do a patent for the patent application, but make it all up (27) …

How much do patent attorneys make?

Salaries probably start at $75K at boutique/regional firms, with a high of $150-175K in BigLaw. All that, of course, depends on your school and academic record, and importantly, your specialty. For example, bio, biotech, and math backgrounds may need a PhD to get the big bucks; where as engineers can get away with a bachelor's, though would definitely benefit from a master's. Also, lawyers with a prosecution background who start doing litigation might get paid more. The good news i

How to become a partner in a law firm?

Yes. The most common way is to get a good reputation with one or more good clients and hire hard working associates to work very long hours for you and pay them 30–40 percent of what you bill the clients for their work. You also need to have a good system to train the associates and review their work as well as a top notch paralegal staff to do much of the heavy lifting. You then give the associates somewhat generous pay increases over time and keep them working hard with the possibility of becoming a partner after 5–8 years if they bring in considerable business into the firm and bill lots of

How many hours does a lawyer work?

If you work at a law firm, then expect a full time work of at least producing 1800 billable hours, which is probably equal to 2400 actual work hours (see this link for a better detail of lawyer billable hour work: The Truth about the Billable Hour)

How to get a good reputation as a paralegal?

The most common way is to get a good reputation with one or more good clients and hire hard working associates to work very long hours for you and pay them 30–40 percent of what you bill the clients for their work. You also need to have a good system to train the associates and review their work as well as a top notch paralegal staff to do much of the heavy lifting. You then give the associates somewhat generous pay increases over time and keep them working hard with the possibility of becoming a partner after 5–8 years if they bring in considerable business into the firm and bill lots of hours at progressively higher rates (to maintain the 40 percent ratio).

Do law firms have prep and pro?

Yes, many big law firms have prep&pros folks, and they keep them around because they’re steady money (but not big money). Clients tend to see patent prep&pros as commodity work and typically enforce fee caps, trying to keep costs down.

Is patent a hot or cold field?

Patents are an evergreen field, while some fields become hot and cold over time (right now real estate is hot and bankruptcy is cold; the inverse was true six years ago). The field may seem better or worse at any particular time depending on what everyone else is doing in the market.

Can IP lawyers tell the future?

Nobody can tell the future. But if the past is any indication, IP lawyers do relatively well compared to other lawyers. In 2008–2009, when the sky was falling, the big firm I was working for had several rounds of layoffs. The patent group was entirely unscathed in the first one or two, and was only marginally hit in the others. The patent group was the first to start hiring again. Moreover, small firms were hiring even in the depth of economic chaos. Companies were still filing patent applications, it’s just that a significant chunk of the work moved from big (=expensive) firms to smaller, cheaper firms.

image