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The differences between intellectual property lawyers and general counsels can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an intellectual property lawyer and a general counsel. Additionally, a general counsel has an average salary of $125,248, which is higher than the $82,730 average annual salary of an intellectual property lawyer.
The top three skills for an intellectual property lawyer include litigation, legal advice and due diligence. The most important skills for a general counsel are litigation, legal issues, and legal advice.
| Intellectual Property Lawyer | General Counsel | |
| Yearly salary | $82,730 | $125,248 |
| Hourly rate | $39.77 | $60.22 |
| Growth rate | 10% | 10% |
| Number of jobs | 9,801 | 50,275 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 45% |
| Average age | 46 | 46 |
| Years of experience | 4 | 4 |
An intellectual property (IP) lawyer is a licensed professional who is responsible for protecting a client's intellectual property as well as provide counseling about matters concerning intellectual property. Intellectual property lawyers are required to review or produce important documents and complete the analysis of highly technical materials. They prepare documents so that they can attain patents and trademarks for their client's intellectual property. Intellectual property lawyers are also required to defend businesses and individuals against the over-assertion of intellectual properties.
A general counsel, also called a chief legal officer, is the chief lawyer in the legal department of an organization. The counsel represents an enterprise for any pending legal matters. They work proactively to lessen possible problems associated with legalities and potential risks. They have to monitor practices and the people within the law firm for misconduct. They also perform dominant roles in regulation, ethics, public affairs, and legislation. It is common for them to serve as the public spokesperson of the company during the publicity of legal matters.
Intellectual property lawyers and general counsels have different pay scales, as shown below.
| Intellectual Property Lawyer | General Counsel | |
| Average salary | $82,730 | $125,248 |
| Salary range | Between $40,000 And $168,000 | Between $75,000 And $208,000 |
| Highest paying City | Danvers, MA | San Francisco, CA |
| Highest paying state | Massachusetts | California |
| Best paying company | Seyfarth Shaw | Martin's Point Health Care |
| Best paying industry | - | Finance |
There are a few differences between an intellectual property lawyer and a general counsel in terms of educational background:
| Intellectual Property Lawyer | General Counsel | |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 45% |
| Most common major | Law | Law |
| Most common college | Stanford University | Stanford University |
Here are the differences between intellectual property lawyers' and general counsels' demographics:
| Intellectual Property Lawyer | General Counsel | |
| Average age | 46 | 46 |
| Gender ratio | Male, 66.5% Female, 33.5% | Male, 61.5% Female, 38.5% |
| Race ratio | Black or African American, 5.5% Unknown, 4.4% Hispanic or Latino, 7.7% Asian, 6.3% White, 75.8% American Indian and Alaska Native, 0.3% | Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 7.8% Asian, 6.4% White, 75.6% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 10% |