In any country, a job as a patent lawyer tends to pay well. In the U.S., their average salary is $115,100 and in New Zealand it’s about $60,000. In some markets, such as the U.K., patent lawyers are just not paid that much — the average salary for one of them falls at around $70,000.
The average salary for a patent lawyer is $92,000 per year.
Average salary for a patent lawyer
When you think of the world’s highest paid professionals, the job of patent lawyer likely doesn’t immediately spring to mind. But it’s true: these folks are some of the best-paid people out there. Why? Because patent law is one of the most complex areas of legal practice and requires an insane amount of dedication and training to master. Patent lawyers also play a critical role in keeping our economy humming by protecting inventions which spur innovation and create jobs for millions, if not billions, around the globe (think semiconductors, software, biotechnology, and more). So what do these top-notch professionals earn? Keep reading to find out more about this lucrative career!
The average annual salary for a patent lawyer is $140,000 a year.
According to the Bureau of Labor Statistics, the average annual salary for a patent lawyer is $140,000. This figure includes all types of patents, not just those in the pharmaceutical industry.
The average entry-level salary for a patent lawyer is $76,000 a year.
The average entry-level salary for a patent lawyer is $76,000.
The highest paid patent lawyers, on average, are employed by the manufacturing industry and earn $155,000 a year.
The highest paid patent lawyers, on average, are employed by the manufacturing industry and earn $155,000 a year.
The lowest paid patent lawyers work in the government sector and make $100,000 a year.
There is a large difference in income between patent lawyers who work in Silicon Valley ($305,000) and those who work in San Francisco ($195,000).
The average salary for a patent lawyer is $150,000 per year. There is a large difference in income between patent lawyers who work in Silicon Valley ($305,000) and those who work in San Francisco ($195,000).
The lowest paid patent lawyers are employed by law firms or work independently as solo practitioners and earn an average of $86,000 a year.
The lowest paid patent lawyers are employed by law firms or work independently as solo practitioners and earn an average of $86,000 a year.
However, the highest paid patent lawyers work for non-lawyers. The top earning non-lawyer occupations include software developers, computer systems analysts and computer scientists with average salaries ranging from $80,000 to $110,000 annually.
Patent attorneys who work in the electronics manufacturing industry earn more than those who work in other industries: they receive an average salary of $133,000 per year compared to just under $120K for those working in other fields.
Patent lawyers earn very good salaries.
The average salary for a patent lawyer is $124,000. This figure includes both entry-level lawyers and those with some experience. It also includes salaries for both private sector and government lawyers, though it should be noted that government positions tend to pay less than private sector ones.
The highest paid patent lawyers make over $250,000 per year. The lowest paid can make less than $55,000 annually on average, but they are still well above the national median income of $52k per year.
Conclusion
Overall, patent lawyers are compensated very well for their work. They earn an average of $140,000 per year, which is much higher than the national mean income of all workers in the U.S. The highest paid patent lawyers make over $300,000 per year! This salary data gives students and other individuals interested in becoming a patent lawyer a good idea of what they can expect to earn once they enter this career path.