Top-Law-Schools.comTLS
Home
Law School
Admissions
Law
Schools
Law
Students
TLS
Forums
 
Forum Archives Index     Forum Archives Search     Leave Archives and Visit Active TLS Forums


All times are UTC - 5 hours [ DST ]




Forum locked This topic is locked, you cannot edit posts or make further replies.  [ 42 posts ]  Go to page Previous  1, 2
Author Message
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 12:41 am 

Joined: Fri Jul 17, 2009 1:34 am
Archived Posts: 122
Super lawyers:

Image

-or-

This woman's lawyer:

Image


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 12:42 am 

Joined: Sat Jun 11, 2005 6:22 am
Archived Posts: 1660
I started out at Wilson Sonsini Goodrich & Rosati, the largest and some say the best Silicon Valley firm. They were in the Vault Top 10 when I joined in 1999-2000 at the height of the dot com boom, but have fallen off since. But one thing about Wilson is that they will take payment in the form of stock options from their start up clients. So when there were a ton of IPO's in 1999 and 2000 we were getting great bonuses but the corporate lawyers were getting the most as they had the largest amount of options given to them (I was in IP litigation and since we were not the deal makers we received less options). Obviously, that IPO money has dried up but in Silicon Valley there is talk of 2010 having many IPO's again such as Facebook, etc. and there will likely be some very rich corporate lawyers again.

IP law is cyclical, as patent and trademark applications do decline when the economy declines, but of course so does corporate work. I tried to stay balanced and did both IP prosecution (filing) but mainly IP litigation, and litigation always increases in a down economy as there are more fights over dividing up the pie when it is not growing. Even if you specialize, it is nice if your firm has a balance of practice areas so that at least one sector is always doing well and can sustain the firm.


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 12:47 am 

Joined: Tue Jun 09, 2009 12:47 pm
Archived Posts: 127
Rand M. wrote:
Image



That is a GREAT photo!!


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 12:54 am 

Joined: Thu Dec 04, 2008 7:14 pm
Archived Posts: 554
Fake ones:

Image


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:00 am 

Joined: Wed Nov 04, 2009 5:17 pm
Archived Posts: 689
Ken wrote:
IP law is cyclical, as patent and trademark applications do decline when the economy declines, but of course so does corporate work. I tried to stay balanced and did both IP prosecution (filing) but mainly IP litigation, and litigation always increases in a down economy as there are more fights over dividing up the pie when it is not growing. Even if you specialize, it is nice if your firm has a balance of practice areas so that at least one sector is always doing well and can sustain the firm.


Kind of surprised to see this- there was another IP lawyer in another thread that said they saw patents go up or stay level during the recessions because businesses want to protect what they have.


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:02 am 

Joined: Tue Oct 14, 2008 8:33 pm
Archived Posts: 3916
JessicaTiger wrote:
Ken wrote:
IP law is cyclical, as patent and trademark applications do decline when the economy declines, but of course so does corporate work. I tried to stay balanced and did both IP prosecution (filing) but mainly IP litigation, and litigation always increases in a down economy as there are more fights over dividing up the pie when it is not growing. Even if you specialize, it is nice if your firm has a balance of practice areas so that at least one sector is always doing well and can sustain the firm.


Kind of surprised to see this- there was another IP lawyer in another thread that said they saw patents go up or stay level during the recessions because businesses want to protect what they have.


You protect old patents via litigation. This is probably why litigation does alright during economic downturns.

Patent prosecution involves NEW patents which by definition require NEW technology, and in an economic downturn relatively little money is being put into cutting-edge R&D by the big engineering/technology firms. So patent prosecution tends to go down in prolonged economic downturns.


Last edited by CE2JD on Tue Dec 29, 2009 1:03 am, edited 1 time in total.

Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:03 am 

Joined: Fri Jul 03, 2009 7:35 pm
Archived Posts: 1285
The ones that think JD stands for Ju$t Dollaz


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:04 am 

Joined: Thu Dec 04, 2008 7:14 pm
Archived Posts: 554
JessicaTiger wrote:
Ken wrote:
IP law is cyclical, as patent and trademark applications do decline when the economy declines, but of course so does corporate work. I tried to stay balanced and did both IP prosecution (filing) but mainly IP litigation, and litigation always increases in a down economy as there are more fights over dividing up the pie when it is not growing. Even if you specialize, it is nice if your firm has a balance of practice areas so that at least one sector is always doing well and can sustain the firm.


Kind of surprised to see this- there was another IP lawyer in another thread that said they saw patents go up or stay level during the recessions because businesses want to protect what they have.


But that isn't for new patents. That's litigation.


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:05 am 

Joined: Tue Oct 14, 2008 8:33 pm
Archived Posts: 3916
ccs1702 wrote:
JessicaTiger wrote:
Ken wrote:
IP law is cyclical, as patent and trademark applications do decline when the economy declines, but of course so does corporate work. I tried to stay balanced and did both IP prosecution (filing) but mainly IP litigation, and litigation always increases in a down economy as there are more fights over dividing up the pie when it is not growing. Even if you specialize, it is nice if your firm has a balance of practice areas so that at least one sector is always doing well and can sustain the firm.


Kind of surprised to see this- there was another IP lawyer in another thread that said they saw patents go up or stay level during the recessions because businesses want to protect what they have.


But that isn't for new patents. That's litigation.


Image


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:06 am 

Joined: Thu Dec 04, 2008 7:14 pm
Archived Posts: 554
Oh, and this guy:

Image


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:07 am 

Joined: Wed Nov 04, 2009 5:17 pm
Archived Posts: 689
This guy:


Image


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:07 am 

Joined: Thu Dec 04, 2008 7:14 pm
Archived Posts: 554
My B, CE2.


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:09 am 

Joined: Fri Aug 07, 2009 8:24 am
Archived Posts: 125
ccs1702 wrote:
Oh, and this guy:

Image


Commercials like that always feel very local (he seems so stiff and ill-rehearsed), but this is a sad sad reminder that everyone has to deal with them. Oh Patrick Cox.


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:15 am 

Joined: Sat Oct 25, 2008 5:51 pm
Archived Posts: 4959
reese23 wrote:
i agree, the PI lawyers can make HUUUUUUGE money, but it is a huge gamble at the same time. you often times work for yourself and always on strict contingency basis.

Statistically they don't make huge money.


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:16 am 

Joined: Wed Jul 09, 2008 12:37 am
Archived Posts: 1217
This guy:
Image

Or the kind that leave IP law to sell real-estate. :wink:


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:27 am 

Joined: Sat Sep 26, 2009 3:27 pm
Archived Posts: 1509
Image


Top
  
 
 Post subject: Re: What kind of lawyers make the most money?
PostPosted: Tue Dec 29, 2009 1:34 am 

Joined: Wed Jul 09, 2008 12:37 am
Archived Posts: 1217
shadowfrost000 wrote:
Image

I was going to comment on how weird his hair looked, then I remembered that the second most well known P.I. Lawyer to come out of my state is this guy:
Image

Therefore, I think TCR is the kind with bad hair (or a $400 hair-cut).


Top
  
 
Display posts from previous:  Sort by  
Forum locked This topic is locked, you cannot edit posts or make further replies.  [ 42 posts ]  Go to page Previous  1, 2

All times are UTC - 5 hours [ DST ]



Princeton Review LSAT







copyright 2003-2010 top-law-schools.com • all rights reserved • powered by phpBBContact TLS