Intellectual property law can be broken out into three separate categories: Applying for a patent is sometimes challenging, so people often turn to intellectual property lawyers.

For their expertise, many earn six-figure salaries. But this figure accounts for the earnings of all lawyers, regardless of practice area. A survey by the American Intellectual Property Law Association AIPLA provides a better idea of compensation in patent law.

As in any career, salaries vary by position, and patent lawyers are no exception. The majority of law firms still charge clients based on billable hours, or the time spent by associates or partners on business matters.

All IP attorneys accrued 1, billable hours for According to the Bureau of Labor Statistics, job opportunities are expected to grow by as much as 10 percent from to This is slower than the national average of all occupations in the U. While the 10 percent growth works out to the creation of 73, new positions, some of which are likely to be in patent law, expect competition to be strong.

Recent law graduates often outnumber openings. A willingness to relocate to underserved areas of the nation can improve employment opportunities.

Based in Minneapolis, Minn.

Patent Education Series | Salary Ranges for Patent Agents and Patent Attorneys

Prior to this, Severson worked as a manager of business development for a marketing company, developing targeted marketing campaigns for Big G, Betty Crocker and Pillsbury, among others. Skip to main content.

The Average Salary for Patent Lawyers | umisifuy.web.fc2.com

Position As in any career, salaries vary by position, and patent lawyers are no exception. Billable Hours The majority of law firms still charge clients based on billable hours, or the time spent by associates or partners on business matters. Outlook According to the Bureau of Labor Statistics, job opportunities are expected to grow by as much as 10 percent from to References 3 Bureau of Labor Statistics: Occupational Outlook Handbook — Lawyers Bureau of Labor Statistics: Lawyers American Intellectual Property Law Association: Report of the Economic Survey About the Author Based in Minneapolis, Minn.

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