IP boutique non-equity partner salary?

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
Forum rules
Anonymous Posting

Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.

Failure to follow these rules will get you outed, warned, or banned.
Anonymous User
Posts: 309391
Joined: Tue Aug 11, 2009 9:32 am

IP boutique non-equity partner salary?

Postby Anonymous User » Thu Aug 18, 2016 7:55 pm

Those IP boutiques that provide a short path for non-equity partners, how much do these non-equity partners get paid? How do they compare with same class year in big law? Any idea?

User avatar
84651846190

Gold
Posts: 2198
Joined: Thu Sep 13, 2012 7:06 pm

Re: IP boutique non-equity partner salary?

Postby 84651846190 » Thu Aug 18, 2016 9:26 pm

i have no idea, but you gotta be pretty fuckin dumb to go to law school if you have a tech background these days. people coming out of shitty nonprofit tech seminars are getting jobs paying 90k these days: http://www.nytimes.com/2016/08/19/us/se ... .html?_r=0

people who go to real colleges are probably clearing 150k starting, with ZERO graduate school debt

Anonymous User
Posts: 309391
Joined: Tue Aug 11, 2009 9:32 am

Re: IP boutique non-equity partner salary?

Postby Anonymous User » Fri Aug 19, 2016 7:26 am

ExBiglawAssociate wrote:i have no idea, but you gotta be pretty fuckin dumb to go to law school if you have a tech background these days. people coming out of shitty nonprofit tech seminars are getting jobs paying 90k these days: http://www.nytimes.com/2016/08/19/us/se ... .html?_r=0

people who go to real colleges are probably clearing 150k starting, with ZERO graduate school debt


Wow. I guess the average starting engineer vast vast majority all in the 60-70k range must all be pretty fucking dumb then. People get lucky in tech and start that high but that is far far from the norm..

Anonymous User
Posts: 309391
Joined: Tue Aug 11, 2009 9:32 am

Re: IP boutique non-equity partner salary?

Postby Anonymous User » Fri Aug 19, 2016 9:21 am

ExBiglawAssociate wrote:i have no idea, but you gotta be pretty fuckin dumb to go to law school if you have a tech background these days. people coming out of shitty nonprofit tech seminars are getting jobs paying 90k these days: http://www.nytimes.com/2016/08/19/us/se ... .html?_r=0

people who go to real colleges are probably clearing 150k starting, with ZERO graduate school debt


Do you have any evidence to support people going to real schools are starting at $150K in "tech"?

Anonymous User
Posts: 309391
Joined: Tue Aug 11, 2009 9:32 am

Re: IP boutique non-equity partner salary?

Postby Anonymous User » Fri Aug 19, 2016 10:00 am

It's 100% bullshit. Sure there's some, but by no means the norm at all. The average mid career salary for an engineer is 100k or so depending on which type. For every successful tech startup that makes it big for their engineers and developers there's dozens, hundreds maybe that fail or perform averagely many being paid well below market for the first several years with the hope their stock becomes something

Anonymous User
Posts: 309391
Joined: Tue Aug 11, 2009 9:32 am

Re: IP boutique non-equity partner salary?

Postby Anonymous User » Fri Aug 19, 2016 10:03 am

Even if they do start out that high, most don't, there isn't much room for movement salary wise for programmers unless they have equity.

1styearlateral

Silver
Posts: 805
Joined: Wed Mar 30, 2016 3:55 pm

Re: IP boutique non-equity partner salary?

Postby 1styearlateral » Fri Aug 19, 2016 10:41 am

Not this again. Yes, programming can get you paid with little-to-no debt and without going to grad school, but the ship where a CS degree is a license to print money sailed years ago. Nowadays you need a PhD or write some software that's good enough to be bought by a larger company to make some serious cash, or have been in the business long enough to get experience and get your name out there. Too much lower-level coding is being outsourced now.

Anonymous User
Posts: 309391
Joined: Tue Aug 11, 2009 9:32 am

Re: IP boutique non-equity partner salary?

Postby Anonymous User » Fri Aug 19, 2016 11:23 am

EE undergrad here, 3 years exp. as a patent agent, I'm hitting the ceiling at ~$130k... headed to law school next fall.

Anonymous User
Posts: 309391
Joined: Tue Aug 11, 2009 9:32 am

Re: IP boutique non-equity partner salary?

Postby Anonymous User » Fri Aug 19, 2016 12:54 pm

OP here. Everyone, appreciate your inputs. But can we now come back to my original question please? I was asking about non-equity partner salary ranges for IP boutiques. Thanks!

1styearlateral

Silver
Posts: 805
Joined: Wed Mar 30, 2016 3:55 pm

Re: IP boutique non-equity partner salary?

Postby 1styearlateral » Fri Aug 19, 2016 3:07 pm

I think boutiques are hard to say since they kinda beat to own drum.

gaddockteeg

Bronze
Posts: 367
Joined: Fri Feb 07, 2014 5:33 pm

Re: IP boutique non-equity partner salary?

Postby gaddockteeg » Fri Aug 19, 2016 5:12 pm

150k is a stretch. but entry level for a fresh grad WHO DID WELL in college will make around 100k, maybe 110k all in + swanky perks.

Source: my little brother started at yahoo (now verizon) 2 years ago. He went to a non elite but pretty decent school but had something like 3.7 gpa. Offer was like 95k-ish base + 15k-ish worth of bonuses/stock in his first year. Also, he has literally nothing but a water jug/beer in his fridge.

Free breakfast, lunch, and dinner M-F, and then he eats out on weekends.

h2go

Bronze
Posts: 167
Joined: Sat May 30, 2015 8:38 pm

Re: IP boutique non-equity partner salary?

Postby h2go » Fri Aug 19, 2016 6:19 pm

It varies. It'll be higher at Fish/Finnegan and those IP lit boutiques vs. one of those foreign inbound mills in the DMV. It's probably at least in the $400-500K at the former and around $200-300K at "less prestigious" mid-sized boutiques.

Abbie Doobie

Silver
Posts: 591
Joined: Wed Apr 09, 2014 12:02 pm

Re: IP boutique non-equity partner salary?

Postby Abbie Doobie » Fri Aug 19, 2016 9:40 pm

idk op, idk

User avatar
84651846190

Gold
Posts: 2198
Joined: Thu Sep 13, 2012 7:06 pm

Re: IP boutique non-equity partner salary?

Postby 84651846190 » Sat Aug 20, 2016 2:19 pm

My bro started at a big SV tech company with about 200k all included (signing bonus, annual salary, benefits, etc.) in his first year with a bachelors only. Also, you can do a million things with a tech background: business, law, more tech. Law is a pigeon hole that leads to nowhere. The hours are hilariously easy in tech (I worked in tech). I probably averaged about 20-30 hours of ACTUAL work and made six figures after a few years. Also, the people you work with/for are sane, unlike in law.

I know plenty of biglaw refugees (myself included) working jobs that pay about what a 5-10 year engineer makes. Only difference is that the latter don't have crippling debt until they're 35-40.



Return to “Legal Employment�

Who is online

The online users are hidden on this forum.