how much does it cost to become a patent attorney

by Prof. Geoffrey Willms 4 min read

When you hire an attorney to prepare a new patent application, you can expect to pay between $3,000 and $5,000 on average plus the USPTO

United States Patent and Trademark Office

The United States Patent and Trademark Office is an agency in the U.S. Department of Commerce that issues patents to inventors and businesses for their inventions, and trademark registration for product and intellectual property identification.

fees. Most experienced lawyers will charge between $200 and $400 per hour. Unlike a family lawyer, for instance, patent lawyers typically undergo specific legal training and hold a technical degree.

Full Answer

What does it take to become a patent attorney?

Jun 24, 2020 · Minor patent costs involve filing fees, which rarely go over $500. On average, filing fees cost between $200 and $300. Lawyer fees are the major costs associated with patents. The amount you'll pay in patent lawyer costs varies, but a good attorney typically starts at anywhere from $300 to $500 per hour.

How to become a patent lawyer?

This depends on the amount of down put data analysis that you to get, depth of the invention and a total of prior art that needs consideration. The total attorney’s fee, it could add up to $5000-10000 for an easy invention, $10000-15000 for a bit moderate complex invention, and $15000+ for a large or complex design.

How much is that patent lawsuit going to cost you?

In terms of total patent attorney fees, you might pay approximately $5,000 to $10,000 for a simple invention, $10,000 to $15,000 for a moderately complex invention, and $15,000+ for a complex invention. It's possible to handle the bulk of the patent application yourself and only consult an attorney on specific matters.

How competitive is the patent attorney field?

Aug 19, 2019 · For much more information about what patent lawyers do and what it’s like to be a patent lawyer, I encourage you to read my article all about that. How Much Money Does a Patent Attorney Make? According to PayScale , the average starting pay for …

image

Why are patent lawyers so expensive?

Since most of the patents are filed by companies, most patent attorneys do work for companies and therefore are not very price sensitive and can charge these high rates.

Is being a patent lawyer stressful?

The Career 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

Where do patent lawyers get paid the most?

Highest paying cities for Patent Attorneys in United StatesSan Francisco, CA. $227,456 per year. 7 salaries reported.$223,927 per year. 5 salaries reported.Los Angeles, CA. $211,295 per year. 8 salaries reported.Seattle, WA. $210,906 per year. 6 salaries reported.Washington, DC. $188,109 per year. ... Show more nearby cities.

Do patent attorneys go to court?

Work is usually office based, although travelling to meet clients is common as they may wish to patent a product or process, which is easier to demonstrate on site. You may also have to visit court, the IPO and the EPO.

Is patent attorney a hard job?

A lot of firms either pay for you to attend the year long study for the masters in patent law or they give you different training courses which tend to be run in house. If there is in house training you will be expected to carry on with your job alongside so it'll definitely be hard work.

How long does it take to become a patent lawyer?

Becoming a Patent Attorney usually takes seven years of full-time study after high school—four years of undergraduate study, followed by three years of law school.

What is the highest paying job?

AnesthesiologistsHighest-Paying CareersRankOccupation2020 Median wagesAnnual1Anesthesiologists$100.00+2General Internal Medicine Physicians$100.00+3Obstetricians and Gynecologists$100.00+7 more rows

What type of lawyer makes the most money?

Types Of Lawyers That Make The Most MoneyMedical 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.Dec 18, 2020

Patent Cost

Table of Contents

Average Cost to Patent An Idea

  • The average cost to patent an idea ranges from $5,000 to $16,000+ depending on how simple or complex your invention is. An extremely simple design such as a paper clip typically costs $5,000 to $7,000 to patent, whereas a highly complex invention such as software or satellite technologies runs $14,000 to $16,000+.
See more on thervo.com

Cost to File A Patent Application

  • According to the United States Patent and Trademark Office (USPTO), the basic cost to file a patent application is $300. However, if you are a small entity, the price is $150, and the micro entity fee (for an individual) is just $75. The main distinction between these costs is whether or not you take the "do-it-yourself" approach or seek help from a patent attorney. Of course, each sc…
See more on thervo.com

Patent Costs by Type

  • The type of patent you apply for will also impact the cost. For example, a provisional patent can cost up to $3,000, whereas a utility patent can cost up to $15,000or more. Each type of patent is best suited for varying scenarios. 1. A utility patent is ideal when you want to protect a tangible item or product. This is the most expensive type of patent, costing between $5,000 and $15,000…
See more on thervo.com

Frequently Asked Questions

  • What is a poor man's patent?
    While this is an interesting theory, it is no longer valid. If you hear about a poor man's patent, this refers to the process of drafting a document that outlines your invention. The idea is that upon sealing and mailing the document to yourself, you could show a date based on the postmark. Th…
  • What is the cheapest way to get a patent?
    Of course, the cheapest way to obtain a patent is to complete this process yourself. To do so, you should take critical steps. 1. Keep clear, detailed records. It's recommended that you record every step involved in the process of your invention, filling notebooks that are dedicated to your idea. 2…
See more on thervo.com