I’m seeing IP boutique NY firms paying $140k for third year associate roles. The work itself seems vastly more interesting than the standard big law shop but how do people justify the pay cut? I doubt it’s a lifestyle trade. Do these firms commonly offer associates origination/fee based incentives or is it truly salary + a 10-20% bonus?

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There’s better opportunities out there. Look for a remote option—mine paid me 185k as a 3rd year do 1700 hours

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lol they don’t justify the pay cut; they have no other choice. Patent lit is optimal only in biglaw: Lower but always stable hours, above market compensation depending on the firm.

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I’m not sure what these “boutiques” are, but I’m gonna assume by boutique you mean a small prosecution only shop? If so, even 140k is pretty far below market for a third year with the NY premium built in. You can probably get that and also the ability to work remotely from a much cheaper location.

But yes, as I understand it’s usually a lifestyle trade. You get to do 100% non-contentious (or at least non litigation) work, and should have a much lower billable expectation than 2k (I think 1500-1700 is common). If you are taking this big of a pay cut AND there is not a lower hours expectation, I’d run.

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