Anyone here who moved from Big Law to Big Tech (e.g., FAANG)? I’m a patent agent and considering an in-house offer from a fairly well-funded startup. Wanted to hear what y’all think of the offer. . .

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I don't understand why you would want to be stuck as a career agent. A lot easier getting a firm to pay for law school part time and you would make a lot more money after it and likely have a guaranteed attorney gig

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Thanks for the responses.

Experience: I have been a patent agent for 6 years in BigLaw and have been involved in all aspects of patent lifecycle — invention harvesting, preparation, prosecution, litigation support, licensing, etc.

Current situation: I have a decent lsat score and admits from multiple law schools. However, I don’t want to do patent litigation, and I don’t see the value in going to law school and doing patent preparation prosecution afterwards, especially with the reducing budgets.

I have done a lot of autonomous vehicles related work and that’s what prompted this startup to reach out to me.

Scope of this role: I’ll be the first IP hire. They want me to work with the R&D team and build their patent portfolio, help with clearance studies, and give input on product development from patent’s perspective.

The offer: $165K base; $120K stock options (4 years vesting schedule); $20K signing bonus + relocation. Location is Salt Lake City.

I think the offer is pretty good. What do you guys think of the offer, particularly the stock options offering? Is this standard for in-house role?

MORE IMPORTANTLY — will I have the option to move away from law and be in management in the future, especially if I get an MBA (part time)? I don’t wanna go to law school 😅

likesmart

I’ve never heard of in-house patent agent advancing beyond … well patent agenting. If you wanna go management, apply to McKinsey, Bain, BCG. Or, bulge bracket IB.

Go on... what's the offer?

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What’s your level of experience and what is the scope of the role? I’m house patent prosecution roles are typically one of two (broadly speaking): management of outside counsel, or a cost reduction measure (I.e., in sourcing drafting and pros to reduce outside counsel fees). What’s this role like? How does it stack against your goals?

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For context, I started out my patent career in house at a big company about 10 years ago. This is what I did after:
Go to law firm, doing pros / drafting
Go to law school
Continue pros / drafting for 2 more years at a new firm, but also started doing some lit work
Go to another firm doing IP lit exclusively

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Thanks to everyone who responded.

Update: I negotiated and then accepted the offer. I told the CTO during negotiations that I wanna eventually transition into product management. He appeared open to it.

Gonna take a leap of faith and see what happens.

Will provide an update here again in 2 years lol.

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