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IP Lit - Secure?
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Date: October 8th, 2013 11:22 AM Author: stirring crackhouse twinkling uncleanness with all these anti-troll measures and the problem coming into the national spotlight. i predict ip litigators will be out of work next 3-5 years. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192728) |
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Date: October 8th, 2013 11:34 AM Author: costumed market what a faggot post -- you jealous of ip lit bros?
On that note, I think EECS has the most interesting exit options IMO -- banking, consulting, engineering, patent law etc. These bros will have work even if patent lit shuts down in some rare event |
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Date: October 8th, 2013 11:35 AM Author: dull balding athletic conference Engineering is not a realistic exit option for most. I'm not sure why banking/consulting would have much use for former patent litigators either. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192810) |
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Date: October 8th, 2013 11:37 AM Author: costumed market (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192821) |
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Date: October 8th, 2013 11:42 AM Author: dull balding athletic conference We are talking about lawyers who spent several years practicing law and then did this? (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192837) |
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Date: October 8th, 2013 11:43 AM Author: costumed market Sorry bro didn't read the post right. In any case, no I don't think patent law is going to die at all. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192839) |
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Date: October 8th, 2013 11:38 AM Author: stirring crackhouse twinkling uncleanness no look at weil, wilmer etc. laying off IP LIT BROS by the masses.
banking/consulting etc. may be viable option while in law school, but not really once someone has done ip lit for 3-5 yrs bro. |
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Date: October 8th, 2013 11:41 AM Author: costumed market Sorry bro I don't know the details of these layoffs but were there more IP bros laid off then corporate, etc.? (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192834) |
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Date: October 8th, 2013 11:45 AM Author: stirring crackhouse twinkling uncleanness yeah bro. this was a few months ago... ip lit is huge flame and going down shitter soon. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192845) |
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Date: October 8th, 2013 11:47 AM Author: costumed market I thought that was because 1. they overhired ip lit 2. Bill Lee retiring
not bc of the downfall of ip lit |
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Date: October 8th, 2013 11:48 AM Author: stirring crackhouse twinkling uncleanness overhiring is CR. too many bros w/ engineering/science degrees flocked to law school 2006-2012 when they thought it was golden ticket to copping dat $160k jerb. supply/demand for ip lit is way out of line now. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192873) |
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Date: October 8th, 2013 11:51 AM Author: dull balding athletic conference Haha, c'mon. EE/CS bros are still infinitely better off than most JD's. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192891) |
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Date: October 8th, 2013 11:57 AM Author: stirring crackhouse twinkling uncleanness not saying much when most jds are unemployed hth. but ee/cs bros were probably smart enough to go to med school or do engineering for a 9-5 $100k jerb and will be regretting going to law school very soon. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192931) |
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Date: October 8th, 2013 12:04 PM Author: dull balding athletic conference Less than 5% of lawyers are patent-bar eligible and probably less than 1% are CS/EE. You act like there is some massive hoard of unemployed or soon-to-be unemployed CS/EE JD's. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192973) |
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Date: October 8th, 2013 12:09 PM Author: costumed market TCR. Patent law is better than dentistry IMO. Similar average money, no need to put my hands in someone's mouth. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192998) |
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Date: October 8th, 2013 8:50 PM Author: Mischievous Bat Shit Crazy Whorehouse why would someone with an engineering degree do ls? i mean you could get a job designing and building stuff that actually matters, but instead they wanted to write claims so a few fat useless partners could buy another house that they did not need. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24195745) |
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Date: October 8th, 2013 8:53 PM Author: costumed market I mean obviously, so that they can become one of those fat partners with useless houses lol (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24195765) |
Date: October 8th, 2013 11:35 AM Author: Yellow cracking stain Anti-troll measures are mostly flame. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192809) |
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Date: October 8th, 2013 11:44 AM Author: dull balding athletic conference I tend to agree, although there have been quite a few ip lit layoffs as of late. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192843) |
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Date: October 8th, 2013 11:47 AM Author: stirring crackhouse twinkling uncleanness yup. I heard rumors there would be more ip specific layoffs at various firms. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192867) |
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Date: October 8th, 2013 11:47 AM Author: Yellow cracking stain That's more about the smart phone wars ramping down IMO. The kind of trolls that the reforms are targeting don't really generate much revenue for legit firms. The VirnetX/Eolas type trolls aren't going anywhere. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192868) |
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Date: October 8th, 2013 11:49 AM Author: stirring crackhouse twinkling uncleanness u a patent law bro? how do u think market will do 5-10 yrs out? (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192880) |
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Date: October 8th, 2013 11:52 AM Author: Yellow cracking stain I am. It won't be anything like the last couple years bc the smart phone wars are an anomaly. That said, IP lit is only going to become gradually more and more common as companies and trolls are monetizing their IP through litigation way more than they did in the past. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192897) |
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Date: October 8th, 2013 11:58 AM Author: stirring crackhouse twinkling uncleanness u ever do ITC lit? that is going to dry up completely within next year or so. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192933) |
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Date: October 8th, 2013 11:59 AM Author: costumed market why do you keep on insisting that parts of tech lit are going to die? (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192947) |
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Date: October 8th, 2013 12:01 PM Author: stirring crackhouse twinkling uncleanness seems like the trend to me and i want to expose the huge IP SECURE flame. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192956) |
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Date: October 8th, 2013 12:04 PM Author: costumed market Bro but think about it. We are getting even more dependent on technology (smartphones, ipads, etc. smart tv's) and spending more money on it. There's insane amount of software now. And tech companies are going to sue the hell out of each other cuz that's where the big $$$$ is at. It's not going to slow down then before, if not grow more. The bro's post above about mobile wars is legit, and patent lit will slow down compared to samsung vs. apple years but will not slow down compared to the period before that. Just not possible. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192975) |
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Date: October 8th, 2013 12:07 PM Author: stirring crackhouse twinkling uncleanness but won't tech companies realize that in the end, massive cross-licensing saves EVERYONE money? did anyone actually come out on top and make money from the smartphone wars? (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192988) |
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Date: October 8th, 2013 12:35 PM Author: dull balding athletic conference Doubtful. Although the legal fees were massive, they were nothing compared to the overall size of the market. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193105) |
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Date: October 8th, 2013 12:05 PM Author: dull balding athletic conference If you have a respectable CS/EE degree, a respectable JD, and are not a massive social retard, it's still plenty SECURE and will be for a long time. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192981) |
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Date: October 8th, 2013 12:03 PM Author: Yellow cracking stain Nope, thank jebus. As a policy matter, I'd love to see the ITC shit die, but as long as the injunction standard is lower at the ITC, ITC lit is here to stay. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24192967) |
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Date: October 8th, 2013 11:59 AM Author: costumed market On any note, I wish I had done patent law.
I know 3 people in it, one is in-house for a mega tech company (think Intel, IBM...) pretty high up banking 1.2 mill. One is a partner at a IP bigtique, banking 800K. One is a female, decided to go in-house for 230K + options after 5 years at big law. My samples are pretty skewed but fuck am I jealous of their BALLING. |
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Date: October 8th, 2013 12:12 PM Author: curious spruce piazza famous landscape painting ip lit takes you no where. patent pros opens many doors (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193013) |
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Date: October 8th, 2013 12:16 PM Author: dull balding athletic conference I tend to agree with this. Having some familiarity with patent lit is probably useful. But prosecution/transactional and knowing how to manage a company's patent portfolio with business goals in mind is where you want to end up long-term. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193028) |
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Date: October 8th, 2013 12:24 PM Author: costumed market Also need legit tech degree for patent pros then lit. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193065) |
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Date: October 8th, 2013 12:33 PM Author: dull balding athletic conference Well, in the last few years, the demand in both lit and pros has been strong for BS in EE/CE/CS. I've seen a lot of in-house counsel at big tech companies managing patent portfolios that don't even have that. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193099) |
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Date: October 8th, 2013 12:51 PM Author: costumed market Bro do you know the salary range for these in-house counsel types? Also salary for ip pros boutique partners? (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193157) |
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Date: October 8th, 2013 12:54 PM Author: stirring crackhouse twinkling uncleanness interested in this as well. also, how hard to go inhouse from ip lit? (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193178) |
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Date: October 8th, 2013 1:02 PM Author: dull balding athletic conference Pretty tough. Not much use for litigators in-house, ip or not. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193225) |
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Date: October 8th, 2013 1:04 PM Author: dull balding athletic conference For in-house, maybe $100K-$350K, depending on experience level and the type of company. A fair number of smaller tech companies hire in-house counsel to manage patent prosecution. I imagine some of these positions don't pay as well.
Equity partners at ip boutiques might make something like $300K-$500K. |
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Date: October 8th, 2013 1:59 PM Author: stirring crackhouse twinkling uncleanness that seems low for "boutiques" like fish, finnegan. are you talking more of oliff, birch stewart type boutiques? (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193532) |
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Date: October 8th, 2013 2:02 PM Author: dull balding athletic conference For patent prosecutors? I would think they would need a pretty big book to make more than that. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193552) |
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Date: October 8th, 2013 2:10 PM Author: Yellow cracking stain Fish has an incredible spread in partner comp, something like 23:1. Your average equity partner isn't doing much better than 500k with that kind of spread. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193598) |
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Date: October 8th, 2013 3:05 PM Author: curious spruce piazza famous landscape painting it's almost impossible to get higher than 500k in patent prosecution. your efficiency has to be insanely high and you need a good amount of leverage just to get to 500k. most of the boutique partners making north of 500k at ip boutiques do some kind of combination of pros and lit or just lit by itself. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193859) |
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Date: October 8th, 2013 7:37 PM Author: costumed market Is making partner in IP Lit the same level of difficulty for other fields or is it better for someone that has set their mind to it and is actively searching for clients, has a good technical degree, etc.? (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24195198) |
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Date: October 8th, 2013 12:16 PM Author: stirring crackhouse twinkling uncleanness yup i dont think pros will go away. but companies will soon realize suing each other constantly results in a net loss for everyone. but most t-14 eecs opt for lit cuz its sexier. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193031) |
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Date: October 8th, 2013 12:23 PM Author: costumed market yeah like they haven't realized this for the last 20 years when the tech boom started.. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24193060) |
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Date: October 8th, 2013 8:18 PM Author: Slap-happy red spot ladyboy (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24195539) |
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Date: October 8th, 2013 8:48 PM Author: Mischievous Bat Shit Crazy Whorehouse NOTHING IS SECURE!!!!!!! Have you learned nothing from what happened in 08, or from jsut being in America your whole life. NO job is secure. (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24195727) |
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Date: October 8th, 2013 9:28 PM Author: nofapping alcoholic weed whacker giraffe i know a bro who recently got NOWAG'ed out of his second IP LIT firm. altho the firm hired a more junior version of him--non technical background, magna/summa from ttt, previous lit BIGLAW experience--so maybe he just really got CUCKED (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#24195997) |
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Date: February 23rd, 2015 7:59 PM Author: Mewling cheese-eating pervert (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#27378777) |
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Date: April 26th, 2015 7:05 PM Author: Shaky degenerate (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#27766008) |
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Date: May 11th, 2015 6:41 AM Author: Shaky degenerate (http://www.autoadmit.com/thread.php?thread_id=2381995&forum_id=2#27865455) |