2017 Report of the Economic Survey

Private Firm, Partner

Dollar amount billed for legal services performed in 2016 (Q27) Private Firm, Partner

Dollar amount was billed for the legal services you performed in 2016?

10th Percentile 10%

First Quartile 25%

90th Percentile 90%

Number of Individuals

Mean (Average)

Median (Midpoint)

Third Quartile 75%

310

$725,235 $254,837 $423,905

$600,500 $325,000 $565,000 $534,603 $600,500

$900,000 $1,300,000

All Individuals

6

$376,667

ISD $240,000

$537,500

ISD

5-6 7-9

12 40

$627,167 $265,140 $379,500 $531,942 $275,934 $339,255 $713,649 $268,859 $450,000 $869,168 $250,000 $422,000 $745,684 $300,000 $400,000 $946,325 $223,426 $468,257 $758,218 $314,000 $500,000 $968,182 $385,000 $675,000 $722,637 $244,200 $372,500 $670,455 $370,000 $450,000 $398,479 $123,200 $216,000 $814,526 $346,000 $500,000 $783,617 $305,200 $500,000 $657,966 $306,300 $500,000 $886,511 $242,000 $412,270 $997,651 $110,199 $433,500 $546,930 $271,003 $328,255 $853,194 $191,800 $346,250 $581,478 $290,414 $347,500 $665,985 $222,855 $416,530 $747,780 $246,240 $555,000 $628,332 $250,000 $400,000 $723,797 $370,000 $509,250 $498,700 $206,568 $292,500 $683,354 $272,006 $346,418 $682,927 $251,011 $431,628 $718,140 $294,000 $436,250 $846,699 $250,000 $536,500 $771,998 $286,800 $371,946 $727,646 $272,758 $422,000 $657,285 $216,400 $391,250 $728,342 $300,000 $447,500 $780,946 $250,000 $393,257 $604,850 $243,359 $300,000 $732,691 $275,156 $431,000 $322,976 $176,000 $237,600 $554,298 $236,000 $312,504 $568,946 $245,200 $386,946 $693,587 $380,000 $491,500 $750,108 $348,567 $500,000 $965,677 $432,500 $612,500 $985,278 $500,000 $668,750 $452,283 $93,920 $250,000 $735,857 ISD $220,000 ISD $846,785 $613,548 $270,000 $390,000 $714,105 ISD $330,000

$768,750 $1,309,740

Years of Intellectual Property Law Experience

$658,750

$779,300

10-14 15-24 25-34 35 or More

122

$929,750 $1,200,000

79 51 13 23 11 46 12 11 11 20 13 68 33 12 30 16 26 34 23 65 14 21 34 52 78 49 73 7

$700,000 $1,100,000 $1,800,000

$650,000

$900,000 $1,470,000

$700,000 $1,750,000 $2,000,000

Boston CMSA NYC CMSA Philadelphia CMSA Washington, DC CMSA Other East Metro Southeast Other Southeast Chicago CMSA Minne.-St. Paul PMSA Other Central Texas Los Angeles CMSA San Francisco CMSA Other West Computer Hardware Computer Software Electrical Mechanical Medical/ Health Care Pharmaceutical Biotechnology Chemical

$650,000

$875,000 $1,538,491

$935,000 $1,000,000 $2,010,000

$579,700 $425,000 $640,000 $319,008 $740,000

$912,500 $1,395,000

$630,000

$965,000

$825,000 $1,160,000 $465,000 $1,140,000 $975,000 $1,500,000

Location

$750,000 $1,050,000 $1,290,000

$622,667

$737,500 $1,007,165

$800,000 $1,160,000 $1,900,000

$496,000 $1,200,000

ISD

$743,000 $1,492,632 $2,477,500

$480,000

$678,750

$984,000

$610,167 $1,250,000 $2,130,000

$533,000

$800,000

$965,000

3 $1,090,000

ISD $1,120,000

ISD

ISD

IP Technical Specialization (>=50%)

$578,334 $650,000 $601,000 $725,000 $534,000 $592,500 $600,500 $549,603 $701,000 $650,000 $625,000 $575,000 $600,000

$739,500 $1,537,500 $925,000 $1,380,000 $750,000 $1,100,000 $951,250 $1,063,324

7 $1,372,143

ISD $705,000 $1,000,000 $2,200,000

ISD

35-39 40-44 45-49 50-54 55-59 60 or Older

$665,000

$787,200

$907,500 $1,300,000 $811,250 $1,389,368 $929,750 $1,300,000 $975,000 $2,000,000 $975,000 $1,500,000 $900,000 $1,300,000 $737,750 $1,480,000 $900,000 $1,300,000

Age

267

Male Female

Gender

40

206

Bachelor's Degree Master's Degree Doctorate Degree White/Caucasian Hispanic/Latino Asian/Pacific Islander Other

Highest Non-Law Degree

65 26

$665,000 $1,000,000 $1,500,000

$486,500 $610,000

$812,500 $1,240,000 $887,500 $1,350,000

273

6

ISD $313,928 $1,012,500 $1,225,000

ISD

Ethnicity

13

$500,000

$925,000 $1,120,000

5

$690,000 $1,110,263

ISD

29 57 41 65 38 40 18

$278,000 $500,000 $575,000 $620,334 $720,000

$400,000

$580,000

1-2 3-5 6-10

$600,000 $1,020,000

Full-time Intellectual

$750,500 $743,000

$990,000 $970,000

11-25 26-50 51-100 101-150 More than 150

Property lawyers and agents in the firm or corporation

$991,374 $1,180,500

$787,500 $1,200,000 $1,800,000

$820,000 $1,162,500 $1,630,000 20 $1,421,526 $390,500 $925,000 $1,410,263 $2,000,000 $2,000,000

AIPLA Report of the Economic Survey 2017 I-29