According to PayScale.com, the median annual salary for an IP attorney in 2020 was $136,761, with salaries ranging from $78,000 to $197,000 or higher. Patent attorneys usually accept patent cases on an hourly basis, at rates that can range from $100 to $500 per hour. The U.S. Department of Labor reported that the median income for all lawyers was $115,820 in May 2019; the lowest paid 10 percent earned $59,670 and the highest paid 25 percent averaged more than $186,350 per year.

Almost all corporations, firms, and government agencies provide medical insurance, vacation, sick days, and holidays. Partners in large firms can expect other perks as well, including the use of company cars, spending allowances, bonuses, and more depending on the firm.

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