| Topic Name: |
Salaries, bonuses, etc. for advisors and agents |
| Message Name: |
maybe |
| Date Posted: |
01/10/2002 |
| In Reply To: |
I have heard that patent agents and advisors will get first year pay in the low 100s. What about upward potential? Do these salaries/bonuses increase in a similar fashion to JDs at the same firms? What good career paths are there if you don't get a law degree? Will the firm likely pay for getting a JD?
I'm quite good at patent drafting, esp software, computer & finance. Degrees in physics and finance. |
| Message: |
some agents do well, most are in smaller firms or boutiques. Some clients prefer agents cause they cost less. Others only want patent attorneys.
Our agents make 75% of attorney pay and bill out about 150-235. Pay is always based on billing ratel, so there is your quesiton about raises. Having advanced degrees or relevant industry experience will help. Agents cannot be partner in most law firms in any state big or small. Big money is really only collected on the coasts or maybe Chicago too. and Austin.
If you are just interested in money then you can go to a place that pays you based on strictly hours billed, sometimes up to 45-50%. That can be a big windfall for an agent in the EE or Phd Biotech areas.
Hey, if you have drafted patents you know this, don't you? You have worked for a patent firm. have you passed the patent bar?
Some firms used to pay for your JD. It isn't happening right now. and with 1000 people passing the last patent bar exam, it probably won't be that desperate of a market. good market, not like 1999.
|
|
