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[xfxf]

Hi All,

I have a bachelors degree in EE and 3 yrs of working exp in the telecom industry now and am thinking of going into law school for a LLB.

I've been doing my research and reading some of the posts in here. Personally I see the market right now is at its low point.

What does everyone think of the prospect of the IP market in 2-3 yrs from now?
I'm not asking anyone to see the future, but in the context of a potential patent reform, will this IP market keep on shrinking for years to come?

I do think it's true that tech. companies are facing an unprecedented wave of infringement law suits from my working exp.
So I tend to believe that a patent reform will come, sooner or later, to solve this problem.

So my own view is that the IP job market is past its most glorious times and once a patent reform comes, it will devastate the market...
Does anyone else share a similar view..?

Under such prospect, is it worth to quit the industry and do full time law school?
Will it be too tough to land a job with just a bachelors EE and LLB with engineering exp but no patent exp in a shrinking market?

Thanks a lot for any input

[patentsusa]

My feeling is that the goal of patent reform is primarily to reinforce monopoly positions of certain large companies.  I also believe that these things are cyclical.  If tech is down now, it may be hot later.  Sort of like how there are periods where every investor wants to get in on IPOs and periods when they are dead.  Popularity of IPOs is related to demand on patent services. 

What I don't know is whether the macro cycle is down.  For example, I've been wondering if it is a good time to invest in real estate in Detroit.  Every person who has come from there uniformly tells me it is a bad idea.  I say that things are cyclical, I've seen bad times in Detroit before.  But they say, yes, it is cyclical, but the macro trend for Detroit is down.

If you think that there are a lot of infringement suits right now, you could go into patent litigation.

If the macrotrend is that IPOs will be decreasing, thanks to patent reform and political forces, to me that means that the odds of achieving American Dream is declining. 

[MYK]

Which country are you in?  "LL.B." tells me you're not in the U.S.  IMHO there are still places in Asia and South America with good growth prospects, as well as Australia of course, but the debt crisis in Europe and the U.S. is merely being staved off by games and massive government deficits.  China is busy blowing its own bubble;  maybe it will be able to paper over the losses with all of its reserves, but it's not going to be pretty when that one blows.

BTW, as far as "patent reform", it really depends on the national context.  Within the U.S., the legal system has already impaired the use of injunctions in infringement suits.  I don't see any sort of patent reform being a major priority of the current administration;  they're too busy forcing their socioeconomic wish-list through.