patent litigation $$$

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Anonymous User
Posts: 273578
Joined: Tue Aug 11, 2009 9:32 am

patent litigation $$$

Postby Anonymous User » Mon Aug 13, 2012 3:48 pm

which firm (NY office) pays the most, including bonus, over a 3-5 year period for an aspiring patent litigator:

1) Quinn Emanuel
2) Kirkland
3) Desmarais
4) Boies, Schiller

Desmarais has the 180k starting + allegedly double-cravath bonus. Quinn has above market bonus as long as you do crazy hours. Kirkland shatters the market. Boies has 174k starting + profit sharing. what do y'all think?

anon168
Posts: 920
Joined: Mon Jul 02, 2012 10:36 pm

Re: patent litigation $$$

Postby anon168 » Mon Aug 13, 2012 4:14 pm

Anonymous User wrote:which firm (NY office) pays the most, including bonus, over a 3-5 year period for an aspiring patent litigator:

1) Quinn Emanuel
2) Kirkland
3) Desmarais
4) Boies, Schiller

Desmarais has the 180k starting + allegedly double-cravath bonus. Quinn has above market bonus as long as you do crazy hours. Kirkland shatters the market. Boies has 174k starting + profit sharing. what do y'all think?


Honestly, the difference in $$ over a 3-5 year period would almost be immaterial, and at best marginally significant after taxes. Of the four on your list, pick the firm based on locale (e.g. Quinn in LA, or Boies or Desmarais in NYC), as well as culture and fit (e.g., Desmarais for a boutique versus Kirkland for biglaw), as opposed to what president is on your greenback.

markman
Posts: 52
Joined: Tue May 15, 2012 12:48 am

Re: patent litigation $$$

Postby markman » Mon Aug 13, 2012 4:32 pm

Anonymous User wrote:which firm (NY office) pays the most, including bonus, over a 3-5 year period for an aspiring patent litigator:

1) Quinn Emanuel
2) Kirkland
3) Desmarais
4) Boies, Schiller

Desmarais has the 180k starting + allegedly double-cravath bonus. Quinn has above market bonus as long as you do crazy hours. Kirkland shatters the market. Boies has 174k starting + profit sharing. what do y'all think?

I'm not sure which one OP is more naive about, personal finance or patent litigation. I'm guessing it's a tie.

azntwice
Posts: 160
Joined: Sat Oct 24, 2009 6:46 pm

Re: patent litigation $$$

Postby azntwice » Mon Aug 13, 2012 5:24 pm

OP, besides money, there are a ton of factors you're not considering. Boies is not well known for its patent work, so if you want patents, it's not the best place to go. Kirkland is biglaw and will be defending corporations most of the time. QE will be similar, but QE does a lot of plaintiff work as well, AFAIK. As far as Desmarais goes, go there if you want to work for trolls -- I'm guessing a lot of your work will consist of making corporations license your patents though.

Also, you can't consider $$ 3-5 years out, because most people will leave after 3 years, so you should really be considering the pay for the first 1-3 years. Last, at Kirkland, you make non share partner after about 6 years, so you'll be raking in the huge bonuses, whereas some other firms may not have the same system.

anonmyuos
Posts: 40
Joined: Tue Mar 13, 2012 3:33 am

Re: patent litigation $$$

Postby anonmyuos » Mon Aug 13, 2012 10:40 pm

Anonymous User wrote:which firm (NY office) pays the most, including bonus, over a 3-5 year period for an aspiring patent litigator:

1) Quinn Emanuel
2) Kirkland
3) Desmarais
4) Boies, Schiller

Desmarais has the 180k starting + allegedly double-cravath bonus. Quinn has above market bonus as long as you do crazy hours. Kirkland shatters the market. Boies has 174k starting + profit sharing. what do y'all think?


Your question is basically unanswerable (besides it being kind of dumb). You'd need to know, among a variety of other things: (1) how good of a patent litigator you are; (2) how many hours you plan to work; and (3) how the market for patent litigation in general will fare in the next few years. And you can't really know any of that. So, to sum up, your question starts from a pretty awful premise ($$$ = all that matters) and you asked an unanswerable question. Cool.

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fatduck
Posts: 4186
Joined: Mon Sep 13, 2010 10:16 pm

Re: patent litigation $$$

Postby fatduck » Mon Aug 13, 2012 10:45 pm

anonmyuos wrote:
Anonymous User wrote:which firm (NY office) pays the most, including bonus, over a 3-5 year period for an aspiring patent litigator:

1) Quinn Emanuel
2) Kirkland
3) Desmarais
4) Boies, Schiller

Desmarais has the 180k starting + allegedly double-cravath bonus. Quinn has above market bonus as long as you do crazy hours. Kirkland shatters the market. Boies has 174k starting + profit sharing. what do y'all think?


Your question is basically unanswerable (besides it being kind of dumb). You'd need to know, among a variety of other things: (1) how good of a patent litigator you are; (2) how many hours you plan to work; and (3) how the market for patent litigation in general will fare in the next few years. And you can't really know any of that. So, to sum up, your question starts from a pretty awful premise ($$$ = all that matters) and you asked an unanswerable question. Cool.

unanswerable question? is that what you're going to tell a client??

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Julio_El_Chavo
Posts: 803
Joined: Mon Jan 31, 2011 11:09 pm

Re: patent litigation $$$

Postby Julio_El_Chavo » Mon Aug 13, 2012 11:41 pm

aren't there like 20 or so attorneys TOTAL who work at Desmaris? pretty weird to compare them to the likes of Kirkland and Quinn. your chances of being hired straight out of school at Desmaris are pretty much zero unless you know somebody there AND have top credentials.

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fatduck
Posts: 4186
Joined: Mon Sep 13, 2010 10:16 pm

Re: patent litigation $$$

Postby fatduck » Mon Aug 13, 2012 11:46 pm

Julio_El_Chavo wrote:aren't there like 20 or so attorneys TOTAL who work at Desmaris? pretty weird to compare them to the likes of Kirkland and Quinn. your chances of being hired straight out of school at Desmaris are pretty much zero unless you know somebody there AND have top credentials.

i interviewed with them at PLIP, and was surprised by the number of summers last year - like 7 or 9 i think? all offered, apparently. so probably not quite that hard.

Anonymous User
Posts: 273578
Joined: Tue Aug 11, 2009 9:32 am

Re: patent litigation $$$

Postby Anonymous User » Mon Aug 13, 2012 11:51 pm

fatduck wrote:i interviewed with them at PLIP, and was surprised by the number of summers last year - like 7 or 9 i think? all offered, apparently. so probably not quite that hard.


yeah... but interviewers gave me the vibe that working for them would be even more stressful than BigLaw... hence above market pay?




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