The Intellectual Property Law Server

Welcome, Guest. Please Login or Register.
Jan 29th, 2020, 6:15pm

Forums Forums Help Help Search Search Members Members Calendar Calendar Login Login Register Register
   Intellectual Property Forums
  
  
Patent Agent/Lawyer Careers
(Moderators: Forum Admin, JimIvey, JSonnabend)
   Billing Rates
« Previous topic | Next topic »
Pages: 1 2  Reply Reply Send Topic Send Topic Print Print
   Author  Topic: Billing Rates  (Read 3625 times)
scottp
Newbie
*




   


Posts: 13
Billing Rates
« on: Jan 20th, 2007, 11:43pm »
Quote Quote Modify Modify

What would be a normal rate to bill a law student's work out at?  I am a 3rd year law student and was very surprised to find out what the firm is charging clients for my work.
IP Logged
Zinger
Newbie
*




   


Posts: 11
Re: Billing Rates
« Reply #1 on: Jan 22nd, 2007, 10:30pm »
Quote Quote Modify Modify

Depends on too many factors, but anything from $75-150 an hour wouldn't be unheard of.
IP Logged
scottp
Newbie
*




   


Posts: 13
Re: Billing Rates
« Reply #2 on: Jan 22nd, 2007, 11:11pm »
Quote Quote Modify Modify

Thanks Zinger!
IP Logged
smgsmc
Full Member
***




   


Posts: 269
Re: Billing Rates
« Reply #3 on: Jan 31st, 2007, 9:16pm »
Quote Quote Modify Modify

Could someone please explain to me how billing rates translate to the $$ that a client pays for?  Here's a hypothetical example, with made up numbers
 
Assumption:  Patent attorney and patent agent do identical work in identical time.
Patent attorney billable rate = $200/hr
Patent agent billable rate = $100/hr.
 
Each spends 50 billable hours on an application.  What does the customer get billed?  Does the customer pay  
$10,000 if a patent attorney does the work, and only $5,000 if the patent agent does the work?  Or does the firm bill the customer $300/hr, for example, regardless of whether the work is done by a patent attorney or patent agent?  In which case, the firm makes a larger profit with a patent agent, because the patent agent gets paid less?  
IP Logged
Jonathan
Full Member
***




   


Posts: 611
Re: Billing Rates
« Reply #4 on: Jan 31st, 2007, 9:49pm »
Quote Quote Modify Modify

Your post appears to be either or.
 
You will perhaps be billed for whatever work-time was committed, PA or attny.
 
I say perhaps because the "pre-bill" may be reduced depending on the nature of the work in view of the time and person that produced it.
 
Upping a bill for time a PA spent on a matter to an attorney rate is unethical unless a flat rate was specified.
 
Massaging the bill - adjusting who gets credit for what but not exceeding the actual total, that's an issue internal to whomever you hired.
« Last Edit: Jan 31st, 2007, 9:56pm by Jonathan » IP Logged
Pages: 1 2  Reply Reply Send Topic Send Topic Print Print

« Previous topic | Next topic »
Powered by YaBB 1 Gold - SP 1.3.2!
Forum software copyright 2000-2004 Yet another Bulletin Board