Wednesday, October 12, 2011

Bloomberg says: demand for patent lawyers is UP

As was quite predictable, passage of the "patent reform" bill has benefitted patent lawyers.

A Bloomberg piece begins:

Patent attorneys, who typically have degrees in fields such as engineering as well as law, are in such demand that their specialty may account for more than 15 percent of law firm job openings while representing just 3 percent of U.S. lawyers.

Some law firms are almost doubling recruitment fees to meet the growing demand for intellectual property specialists, particularly in the technology sector, said T.J. Duane, a principal at legal recruitment firm

Yes, thank the AIA:

The IP lawyer demand can be attributed in part to the America Invents Act, the biggest overhaul to the U.S. patent system in six decades. The legislation, which changes how patents are processed and reviewed, is spurring a race among law firms for star talent in a small pool of patent attorneys. (...)

“These are hard people to find,” Barton E. Showalter, chairman of the IP department at Baker Botts LLP in Dallas, said of qualified patent attorneys.


Blogger New said...

Yes, and, as many have observed, the recently-passed patent reform legislation should help to keep many IP attorneys employed for a while.

9:35 PM  

Post a Comment

<< Home