what is the average hourly rate of a patent attorney in silicon valley?

by Dr. Ralph Cassin 7 min read

How much does a patent attorney make?

Average Base Pay. The average salary for Patent Attorney is $183,210 per year in the San Jose, CA Area. The average additional cash compensation for a Patent Attorney in the San Jose, CA Area is $40,957, with a range from $5,538 - $302,926. Salaries estimates are based on 14 salaries submitted anonymously to Glassdoor by Patent Attorney employees in the San Jose, CA Area.

How much do Silicon Valley engineers make per hour?

The average Top Patent Attorney salary in San Jose, CA is $328,754 as of December 27, 2021, but the range typically falls between $276,078 and $378,470. 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.

How much do attorneys charge per hour?

Dec 13, 2021 · The estimated total pay for a Patent Attorney is $129,651 per year in the United States. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $117,391 per year. The estimated additional pay is $12,260 per year.

Is it worth having an office in Silicon Valley?

Feb 02, 2022 · However, even these do not come close to the hourly rates of law firms in New York or Silicon Valley. UK firms are also a world apart from law firms on the European continent. JUVE Patent data shows German law firms charge an average of €484, Dutch firms €447, and Paris firms €490 for patent litigation (see: ‘Large gap between UK and ...

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How much do Silicon Valley lawyers make?

Most common benefits. The estimated salary for a attorney is $109,672 per year in Silicon Valley, CA.

Where do patent attorneys make the most money?

Highest paying cities for Patent Attorneys in United StatesSan Francisco, CA. $230,827 per year. 7 salaries reported.Seattle, WA. $215,127 per year. 7 salaries reported.Los Angeles, CA. $211,295 per year. 8 salaries reported.$197,039 per year. 7 salaries reported.Washington, DC. $195,802 per year. ... Show more nearby cities.6 days ago

How much do top patent lawyers make?

Top Patent Attorney SalaryPercentileSalaryLocation25th Percentile Top Patent Attorney Salary$220,373US50th Percentile Top Patent Attorney Salary$262,417US75th Percentile Top Patent Attorney Salary$302,105US90th Percentile Top Patent Attorney Salary$338,238US1 more row

How much do intellectual property lawyers make in California?

How much does an Intellectual Property Attorney I make in California? The average Intellectual Property Attorney I salary in California is $176,241 as of January 27, 2022, but the range typically falls between $159,913 and $189,672.

Is it worth becoming a patent attorney?

It's not a bad start for a career in IPR but after a point, career progression tends to hit a ceiling. If you're the kind of person who's satisfied with that job profile and limited growth prospects or can not afford to take a sabbatical from work to pursue Law school education, Patent Agent suits you better.

Do patent attorneys get bonuses?

In addition to the base salary, patent attorneys often earn bonuses and receive other financial benefits to complete their remuneration package.

What is the highest paid lawyer?

Highest paid lawyers: salary by practice areaPatent attorney: $180,000.Intellectual property (IP) attorney: $162,000.Trial attorneys: $134,000.Tax attorney (tax law): $122,000.Corporate lawyer: $115,000.Employment lawyer: $87,000.Real Estate attorney: $86,000.Divorce attorney: $84,000.More items...•Dec 14, 2021

What type of lawyer makes the most money?

Medical AttorneysMedical Attorneys Medical lawyers are among the highest paid types of lawyers and earn one of the highest median salaries in the legal field.Oct 27, 2021

What is the difference between patent attorney and agent?

A patent attorney has attended law school and taken and passed an examination for registration to practice law in that state. A patent agent is not a lawyer and cannot provide any legal advice, including advice on patent licensing or patent infringement.

How much do intellectual property lawyers make?

Salary Ranges for Intellectual Property Lawyers The salaries of Intellectual Property Lawyers in the US range from $54,180 to $187,200 , with a median salary of $115,820 . The middle 50% of Intellectual Property Lawyers makes $102,750, with the top 83% making $187,200.

What does a patent do?

A patent provides the inventor exclusive rights to the patented process, design, or invention for a certain period in exchange for a complete disclosure of the invention. In June of 2018, the U.S. Patent and Trademark Office issued its 10 millionth patent.Apr 12, 2021

What is a US patent agent?

A patent agent, also known as a patent practitioner, is a professional licensed by the United States Patent and Trademark Office (USPTO) to advise on and assist inventors with patent applications.

How much does a Patent Attorney in United States make?

The national average salary for a Patent Attorney is $167,246 per year in United States. Filter by location to see a Patent Attorney salaries in yo...

What is the highest salary for a Patent Attorney in United States?

The highest salary for a Patent Attorney in United States is $262,818 per year.

What is the lowest salary for a Patent Attorney in United States?

The lowest salary for a Patent Attorney in United States is $106,428 per year.

What is the a Patent Attorney career path and salary trajectory?

If you are thinking of becoming a Patent Attorney or planning the next step in your career, find details about the role, the career path and salary...

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

What is the area of San Jose?

According to the United States Census Bureau, the city has a total area of 180.0 sq mi (466 km2), of which 3.4 sq mi (8.8 km2) (1.91%) is water, making it the fourth-largest California city by land area (after Los Angeles, San Diego and California City). San Jose lies between the San Andreas Fault, the source of the 1989 Loma Prieta earthquake, and the Calaveras Fault. San Jose is shaken by moderate earthquakes on average one or two times a year. These quakes originate just east of the city on...

How much should you negotiate?

See how your offer stacks up to other pay packages and negotiate confidently.

Recent Salary Reports

Below are the most recent patent attorney salary reports. Employer name has been removed to protect anonymity.

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.

What is the Pay by Experience Level for Patent Agents?

An entry-level Patent Agent with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $84,989 based on 42 salaries. An early career Patent Agent with 1-4 years of experience earns an average total compensation of $95,224 based on 162 salaries. A mid-career …Read more

What Do Patent Agents Do?

Inventors looking to obtain protection for their innovations employ patent practitioners, otherwise known as patent agents, for assistance with the patent application process. Certified by the U.S. Patent and Trademark Office (USPTO), patent agents help prospective inventors navigate the complex requirements of patent application.

Job Satisfaction for Patent Agent

We currently don't have any reviews for this job. Are you a Patent Agent? Take our survey to help us meet this goal.

Gender Breakdown

This data is based on 135 survey responses. Learn more about the gender pay gap.

How much does a software engineer make in San Francisco?

Software engineer salary in San Francisco is one of the most competitive in the world. On average, an engineer gets around $145,851 each year . The average Silicon Valley engineer rate in San Francisco is $60 per hour.

Is Silicon Valley a privilege?

Having a presence in Silicon Valley is a privilege that comes with a high price : to keep win over experienced engineers companies have to compete with the tech giants such as LinkedIn, Google, IBM, spend fortunes on renting expensive offices, and offer great social packages.

How does Daxx help Ukraine?

Daxx helps tech companies around the world fight talent shortage by recruiting and retaining talented software engineers in Ukraine who work as an integral part of the client’s product development team and report to them directly .#N#We can help you hire one programmer and grow it into a cross-functional team of programmers, QAs, BAs, designers and many other tech specialists who match your particular requirements.#N#Daxx provides free of charge recruitment services and runs administrative and legal aspects of collaboration on its side.#N#ISO 27001 and 9001:2015 and Certifications attest that we adhere to the international security standards.

Do you work in HR or Compensation?

Try our professional compensation software to generate detailed salary and cost of living reports.

San Jose, California

The cost of living in San Jose, California is 80% more than the average cost of living in the United States. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

How to pay retainer fees?

Make sure that your contract includes the details of: 1 Contract – The agreement should list the total amount of any retainer deposit that you pay upfront. It should also state when you need to pay additional fees, if necessary. 2 Hourly Fee – Don't look only for the hourly rate of your lawyer on the agreement. Make sure you also see a description of the different hourly rates for each person who might contribute to your case. Ask for your payment schedule. Ask if you get a discount for early payment or if you pay penalties for late fees. 3 Contingency Fee – In a contingency case, the lawyer profits by the percentage they earn upon winning the case. The lawyer's contingency percentage and the payment-collection process should appear clearly outlined in your agreement. Sometimes, a lawyer will not collect any fees from you if they lose a contingency case, such as in personal injury disputes. In other situations, they may demand payment from their client only if they lose the case. 4 Costs of Suit – Check for clear terms to describe who pays for all of the different litigation costs involved. You should anticipate possible charges for court appearances and filing fees, hiring a private investigator, the cost of bringing in an expert witness, costs for officially serving and delivering legal documents, and travel fees.

How to avoid disagreements with your attorney?

Either way, most states require evidence of a written fee agreement when handling any disputes between clients and lawyers. You must have written evidence of what you agreed to pay for anyone to hold you accountable for what you have or have not spent.

What is contingency fee?

An attorney contingency fee is only typical in a case where you're claiming money due to circumstances like personal injury or workers' compensation. You're likely to see attorney percentage fees in these situations to average around a third of the total legal settlement fees paid to the client.

Do lawyers charge retainers?

Sometimes lawyers may charge a retainer if they find themselves in high demand. Other lawyers who work more quickly and efficiently may see no need for charging you a retainer fee. Call different lawyers in your area to see if retainers are standard practice for your particular case.

What is statutory fee?

A statutory fee is a payment determined by the court or laws which applies to your case. You'll encounter a fixed statutory fee when dealing with probate or bankruptcy, for example.

What to ask when hiring an attorney?

When hiring your attorney, ask for a detailed written estimate of any expenses or additional costs. They may itemize each expense out for you or lump their fees all together under different categories of work. Lawyers may bill you for: Advice. Research.

A day in the life of an IP lawyer

Hi Ken,#N#You mentioned in another thread that you practiced several years with Wilson Sonsini Goodrich & Rosati, and that you now have your own trademark practice.

IP Law - an exciting career path

Intellectual property law ("IP") consists of 3 main branches - copyright, trademark, and patent law. Copyright law deals with protecting written work (books), recordings (songs), and visual arts (paintings, etc.).

MLBrandow

would one need a Masters or PhD in that scientific field or just a basic fundamental understanding?

Intellectual Property Law Background

To practice trademark or copyright law does not require that one have a scientific background. However, to become a member of the Patent Bar and practice patent law does require that one have a thorough understanding of scientific principles. A Masters or Ph.D.

Intellectual Property Law - Ph.D benefits

Having a Ph.D. or Masters in a scientific field is an advantage for a patent lawyer.

Trademark Law Overview

Because I love trademark law (it is what I practice), I thought others might enjoy learning more about the basics of trademark law. Just click on the article below that I wrote to learn more:#N#http://www.registeringatrademark.com/tr ... sics.shtml#N#Overall, intellectual property law is very exciting and fulfilling for most who practice it.

IP law - except for patent law open to all

IP is a very exciting and growing field of law, so thankfully only patent law requires a Bachelor of Science (BS). Technically, only patent prosecution (where attorneys turn an application into a registered patent) requires a BS, patent litigation can be practiced by those without a BS.

How much does Tim Cook make?

Apple CEO Tim Cook received a compensation package that was 283 times that of the average Apple employee, at $15.68m (£12.38m). His base salary is $3m (£2.37m), while equity incentives and other compensation, in the form of private jet travel and securities, comprises the rest of his multi-million dollar paycheque.

What is the Dodd-Frank Act?

Tech companies traded on the stock market are required to publish these figures under new rules , known as the Dodd-Frank Act. This was introduced in the US during the 2017 fiscal year as part of the Wall Street Reform and Consumer Protection Act.

How much does Jeff Bezos make?

Jeff Bezos, the Amazon CEO and richest man in the world, received a salary of $81,840 (£64,586) and other compensations of $1.6m (£1.26m). The majority of Mr Bezos’ wealth comes from his shares in the company. He currently has 59.1 million shares in Amazon, following his divorce from MacKenzie Bezos.

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