Volpe Koenig is Seeking an IP Attorney in Telecommunications
Part 4 Part 4 of 4: Finding Your First Job
What Is Intellectual Property Law?
Types of intellectual property laws
The intellectual property field is among the most important legal fields in the United States because the involvement of intellectual property attorneys has been integral to the expansion of the economy in this country. The most demanded specialty of intellectual property law is patent law.
IP attorneys need strong communication skills to talk to clients, judges and other lawyers. Clear communication can help lawyers advise clients and explain legal concepts. If an IP lawyer works in a courtroom, they may also need to develop strong negotiation skills to help them reach legal agreements and settlements.
Benefits of an IP Lawyer This process can help maximize your intangible assets. An IP lawyer also assists you in protecting your intellectual property from any infringement. By registering your design, idea, technology or artwork through its respective copyright, trademark or patent.
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.
Highest paid lawyers: salary by practice areaTax 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.More items...•
Some of the highest-paid lawyers are:Medical Lawyers – Average $138,431. Medical lawyers make one of the highest median wages in the legal field. ... Intellectual Property Attorneys – Average $128,913. ... Trial Attorneys – Average $97,158. ... Tax Attorneys – Average $101,204. ... Corporate Lawyers – $116,361.
Intellectual Property Attorney salary in India ranges between ₹ 2.2 Lakhs to ₹ 20.1 Lakhs with an average annual salary of ₹ 4.5 Lakhs.
Yes, IP lawyers are very much sought-after. In fact, the demand has never been higher, as more and more businesses are dealing with protecting their intangible assets, ideas, and patents. A: Intellectual property law jobs are based on protecting intellectual property, be it a trademark, patent, copyright, or license.
It's not surprising that law firms specializing in IP filings, enforcement and prosecution are busier than ever. More than 3 million patents were filed in 2017, the eighth consecutive yearly increase.
However, going to law school and passing the bar exam leads to an even more lucrative career as a patent attorney. Patent attorneys typically earn more than $133K a year, while the median salary for careers in engineering does not pay anything comparable to that amount unless you are an experienced petroleum engineer.
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.
How To Become an Intellectual Property Lawyer?Take any stream in 10+2. Candidate with any stream in plus two level is eligible for taking law at undergraduate level. ... Take Integrated BA/BBA/BSc/BCom LLB. ... Take LLM with Intellectual Property Law Specialisation. ... Take MPhil/ PhD.