In the U.S., the average salary for a Patent Paralegal is $52,351. However, the location has an impact on salary. The type of work done by a paralegal also affects the pay. The average salary for a Senior Paralegal is $62,000, a Trademark Paralegal $52,000, and a Legal Assistant/Paralegal $46,000.
U.S. Intellectual Property Paralegals can expect a $64,000 salary. The compensation ranges from $42,000 to $92,000 which includes earning $7,000 from both profit sharing and bonuses in exceptional cases.
The level of experience and residence impact pay for Intellectual Property Paralegals. The residence has the most substantial influence. A large number of Intellectual Property Paralegals receive medical coverage paid by their employers with a fair amount also receiving dental coverage.
Jobs and Salaries
|Wealth Management Paralegal||$86,800|
|National Paralegal Network||$54,000|
|Patent Prosecution Paralegal||$52,400|
Patent Paralegal Salaries in Top Cities
|New York City, NY||$52,000|
|San Diego, CA||$54,300|
|San Francisco, CA||$65,600|
Paralegal salary statistics vary from source to source. Information is gathered from companies and government agencies.
Other sources of data are current job listings, consensus, and surveys. Not all job postings give details of the compensation package. There are enough that do list compensation packages to derive patent paralegal salaries without skewing to an extreme.
The future looks promising for Patent Paralegals. From now until 2022, employment and the average salary are expected to grow a possible 17 percent. The anticipated growth is more than that of any other occupation.
Law firms are attempting to reduce expenses while increasing efficiency. More legal assistants are being hired. To rebuild support staff and revamp project staff law firms are looking for paralegals that will additionally have administrative responsibilities not part of their initial job description.
Clients put pressure on law firms about cost. The response to the pressure is to add to the demand for paralegals that cost less to staff. Several factors have a role in determining a certified Patent Paralegal salary.
The size of the company, where it is located, the type of education the paralegal has, and the number of years of experience are deciding factors. It is wise to gain an idea of the cost of living in certain states to see if the salary offered makes living there affordable.
The average salary according to the Certified Paralegal website is $48,613. The Bureau of Labor Statistics reports Virginia and Maryland are the only states that have an average wage that matches the median.
States that pay above the average include:
- New Jersey
- New York
- Rhode Island
- Washington, DC
Mississippi and New York have an average salary that is 17 percent above the median. All other states have salaries that fall below the national average. Hawaii ranks lowest at 29 percent below the median.
Senior Patent Paralegal
A position as a Senior Patent Paralegal usually exists in the legal department of large companies or within large legal practices. It is distinct from entry-level work by the expertise needed to hold the position and the ability to manage a variety of tasks beyond those of an entry-level Patent Paralegal.
Senior employees are trusted with sensitive documentation, reporting, and research. They are expected to maintain a high-level of confidentiality. Larger firms hire Patent Paralegals to fill supervisory positions.
The senior employees have legal assistants under them. Hiring the assistants, at least conducting the initial screening and interviews, often fall on the shoulders of Senior Paralegals. The education required for Senior Patent Paralegals is more extensive than an entry-level employee.
Most legal departments or firms require a college degree from a four-year college. Approximately four years’ experience as a legal assistant is typically needed as well. Senior Patent Paralegals draft binding legal documents for attorneys.
Strong working knowledge of affidavit, discovery, and the pleading document draft format is needed to handle that aspect of a practice. Attorneys give Senior Paralegals the task of higher-level research. The Senior Paralegal must have fluent computer skills.
Typical office and business hours during the week and irregular hours when demanded by casework are required. For these tasks and responsibilities, the average salary for a Senior Patent Paralegal is $77,307.
Entry-Level Patent Paralegals
Entry-level Patent Paralegals living and working in a large city may earn more than a paralegal working in a small town. The type of business also affects the salary. Some Patent Paralegals at the entry-level work for corporate legal departments or law firms, others work for federal or state government departments in the public sector.
The Bureau of Labor Statistics stated in 2014, the industries paying the highest paralegal salaries were medicine and pharmaceutical manufacturing, information services, commercial and professional equipment and supply wholesalers, and manufacturers of electronic components such as semiconductors.
Entry-level salaries are higher for those with an associate or bachelor degrees in paralegal studies. Becoming certified through a professional organization is not required but increases employability and potential salaries.
To qualify for the testing professional certification, agencies generally require experience working in a paralegal capacity to take the test. Graduation with a degree from an approved institution or a certificate paralegal training program makes a person eligible to apply for testing to become a certified Patent Paralegal.
Paralegals often have duties that overlap with the responsibilities of an attorney but make much less. The highest ten percent of paralegals make approximately $60,000 less than that of the average lawyer. The salaries of Paralegals are modestly lower than social service jobs such as teachers but typically higher than family and child social workers.