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Topic: Salary question (Read 9742 times) |
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patento
Full Member
Posts: 132
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Salary question
« on: Jun 14th, 2005, 10:28pm » |
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My profile: BSEE with 13 years of r&d experience (still working in technology..) , finishing JD from 3rd tier law school in 2 months, recently passed patent bar.
I am talking to couple of law firms for patent agent/associate position. I am expecting one offer from a small law firm (IP prosecution and litigation practice - 10 lawyers...only one office) in San Francisco area.
How much salary (roughly ) could be expected ?
I am also talking to another one, they have a contract position and asking how much I desire per hour. I have no freaking idea.
Any help?
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guest
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I would estimate that you would be offered somewhere between $120,000 and $150,000 starting salary. Just an estimate.
For contract -- I would ask for about $65-85 / hr. This range multiplied by an avg billing requirement of 1900 hrs puts you roughly at the salary range described above. Make sure this is YOUR billing rate to the firm and not the firm's billing rate to the client for work you do.
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patento
Full Member
Posts: 132
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Re: Salary question
« Reply #2 on: Jun 14th, 2005, 10:43pm » |
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No kidding.
Giving the fact I have no experience in patents and don't have bar membership yet, I was going to ask something like 70K (which is almost half of what I make base + benefits in my current engineering job).
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guest
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This is anonymous1, by the way - just too lazy to login. At our firm, associates are offered positions assuming that they will pass the bar exam. They are given benefits, full salaries, etc. on this assumption. If they cannot pass the bar by the 2nd try (in some cases 3rd), they should start looking elsewhere. Other than that, there is no distinction between associates that have and have not passed the bar.
Experience is not a big deal for a starter - they will teach you.
One word of caution - I'm basing these salary ranges on what would be offered in my neck of the woods. California may be different (I would think higher, given the cost of living). Wait for some more responses on this board, or do some research online, before you go and ask for $120k.
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Isaac
Senior Member
Posts: 3472
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Re: Salary question
« Reply #4 on: Jun 15th, 2005, 3:06am » |
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I suspect that 70k is a little low particularly for the area
that you live in. If you can find out what rate you are being
billed at, maybe 1/3 of that times 1900 hours would be an
estimate of what to expect.
Also, if you are being given an offer, don't worry about your
lack of experience. Apparently the firm is just fine with your
credentials.
Hopefully you can get some hint of what they feel is a fair
offer before you have to name a figure. It would be pretty
funky to say 70k when the firm is thinking that 100k is the
bottom they would offer anyone.
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Isaac
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