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Intellectual property lawyer vs legal counsel

The differences between intellectual property lawyers and legal 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 legal counsel. Additionally, a legal counsel has an average salary of $132,867, 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 legal counsel are legal advice, legal issues, and litigation.

Intellectual property lawyer vs legal counsel overview

Intellectual Property LawyerLegal Counsel
Yearly salary$82,730$132,867
Hourly rate$39.77$63.88
Growth rate10%10%
Number of jobs9,80110,337
Job satisfaction--
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 43%
Average age4646
Years of experience44

What does an intellectual property lawyer do?

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.

What does a legal counsel do?

A Legal Counsel supervises the legal aspects of a business. They give accurate and timely counsel to executives on a variety of legal topics, such as labor law, partnerships, or international ventures.

Intellectual property lawyer vs legal counsel salary

Intellectual property lawyers and legal counsels have different pay scales, as shown below.

Intellectual Property LawyerLegal Counsel
Average salary$82,730$132,867
Salary rangeBetween $40,000 And $168,000Between $81,000 And $216,000
Highest paying CityDanvers, MASan Francisco, CA
Highest paying stateMassachusettsCalifornia
Best paying companySeyfarth ShawApple
Best paying industry-Technology

Differences between intellectual property lawyer and legal counsel education

There are a few differences between an intellectual property lawyer and a legal counsel in terms of educational background:

Intellectual Property LawyerLegal Counsel
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 43%
Most common majorLawLaw
Most common collegeStanford UniversityStanford University

Intellectual property lawyer vs legal counsel demographics

Here are the differences between intellectual property lawyers' and legal counsels' demographics:

Intellectual Property LawyerLegal Counsel
Average age4646
Gender ratioMale, 66.5% Female, 33.5%Male, 54.2% Female, 45.8%
Race ratioBlack 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, 7.9% Asian, 6.5% White, 75.3% American Indian and Alaska Native, 0.3%
LGBT Percentage10%10%

Differences between intellectual property lawyer and legal counsel duties and responsibilities

Intellectual property lawyer example responsibilities.

  • Develop and implement an agency-wide client privacy policy and manage agency response to all matters involving subpoenas and warrants.
  • Prepare, file and prosecute trademark applications with the USPTO.
  • Prepare, file, and prosecute patent and trademark applications before the USPTO and foreign patent offices.
  • Reduce expenses and identify litigation targets through review and pruning of existing patent portfolio.
  • Work on drafting and prosecution of biotechnology, pharmaceutical, medical device and chemical patent applications
  • Prepare and prosecute U.S. and international patent applications in the pharmaceuticals, biotechnology, chemicals, materials and mechanical arts.
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Legal counsel example responsibilities.

  • Achieve statewide recognition as expert on Medicare and Medicaid.
  • Manage high-risk employee terminations from initial decision through preparation for appeals hearings and any subsequent legal action.
  • Assist in liaising with insurance authorities, responding to regulatory inquiries and managing relationship with region from legal and business perspective.
  • Conduct anti-money laundering (AML) and know your customer (KYC) due diligence on a daily basis.
  • Ensure compliance with federal securities laws, NYSE rules, and Sarbanes-Oxley requirements.
  • Draft position statements for EEO and other regulatory claims.
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Intellectual property lawyer vs legal counsel skills

Common intellectual property lawyer skills
  • Litigation, 14%
  • Legal Advice, 9%
  • Due Diligence, 8%
  • Legal Issues, 8%
  • Law Firm, 8%
  • Intellectual Property Law, 6%
Common legal counsel skills
  • Legal Advice, 11%
  • Legal Issues, 9%
  • Litigation, 8%
  • Legal Support, 7%
  • Intellectual Property, 5%
  • Legal Risks, 4%