mofo patent pros billables
Posted: Tue Aug 12, 2014 6:20 pm
Anyone know how many hours are expected for a prosecution associate to advance at mofo? Not afraid of work but like to see my family too.
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OK...so how many billed hours and how much do your hours get cut assuming you're good at your job?Anonymous User wrote:Patent prosecutors are evaluated on billed hours, not billable.
Generally, you should try to work within the budget so that you don't get too many hours cut. You should get to over 90% efficiency, but a lot of people have difficulty with that. You either get it or you don't and those who don't just have a difficult time.Anonymous User wrote:OK...so how many billed hours and how much do your hours get cut assuming you're good at your job?Anonymous User wrote:Patent prosecutors are evaluated on billed hours, not billable.
How the hell do you know now that efficiency won't be a problem for you. You don't even know what the budgets areAnonymous User wrote:Thanks. I don't imagine efficiency will be a problem for me. Is the billed target 1850? 1900? And does hitting that number without going significantly over allow you to advance or do you really want to be hitting 2k+?
Agreed, it would certainly be challenging. Anyone know what the actual expectation is?Anonymous User wrote:2k+? JFC.... 2k as patent pros would be fucking grueling...
From what I have heard, expectations at sweat shop style patent pros places like Finnegan/Oliff/Oblon etc is somewhere between 1850-2000 for billed hoursAnonymous User wrote:Agreed, it would certainly be challenging. Anyone know what the actual expectation is?Anonymous User wrote:2k+? JFC.... 2k as patent pros would be fucking grueling...
I think this needs to be stressed. Efficiency depends on your billing rate, budgets, and skill. Skill is somewhat independent of your technical credentials. Having a Ph.D. in Electrical Engineering and being selected by NASA to be an astronaut doesn't mean that you're going to be skilled and efficient in patent prosecution. You're not going to know if you're suitable at prosecution until you actually do it.gk101 wrote:How the hell do you know now that efficiency won't be a problem for you. You don't even know what the budgets areAnonymous User wrote:Thanks. I don't imagine efficiency will be a problem for me. Is the billed target 1850? 1900? And does hitting that number without going significantly over allow you to advance or do you really want to be hitting 2k+?
Fair enough--I would note that some people will have experience in patent prosecution but might still want to know about hours expectations at various firms.Anonymous User wrote:I think this needs to be stressed. Efficiency depends on your billing rate, budgets, and skill. Skill is somewhat independent of your technical credentials. Having a Ph.D. in Electrical Engineering and being selected by NASA to be an astronaut doesn't mean that you're going to be skilled and efficient in patent prosecution. You're not going to know if you're suitable at prosecution until you actually do it.gk101 wrote:How the hell do you know now that efficiency won't be a problem for you. You don't even know what the budgets areAnonymous User wrote:Thanks. I don't imagine efficiency will be a problem for me. Is the billed target 1850? 1900? And does hitting that number without going significantly over allow you to advance or do you really want to be hitting 2k+?
If you have experience in patent prosecution, you would know that efficiency will depend on the people you work with along with billing rate, budgets, and skill. Tough to just assume your efficiency would be fine. With a fixed budget, any time the partner puts in will get billed out which basically means your realization rate will take a hit.Anonymous User wrote:Fair enough--I would note that some people will have experience in patent prosecution but might still want to know about hours expectations at various firms.Anonymous User wrote:I think this needs to be stressed. Efficiency depends on your billing rate, budgets, and skill. Skill is somewhat independent of your technical credentials. Having a Ph.D. in Electrical Engineering and being selected by NASA to be an astronaut doesn't mean that you're going to be skilled and efficient in patent prosecution. You're not going to know if you're suitable at prosecution until you actually do it.gk101 wrote:How the hell do you know now that efficiency won't be a problem for you. You don't even know what the budgets areAnonymous User wrote:Thanks. I don't imagine efficiency will be a problem for me. Is the billed target 1850? 1900? And does hitting that number without going significantly over allow you to advance or do you really want to be hitting 2k+?