Published on: 9 March 2018
Research shows that UK patent and trade mark salaries remain buoyant for 2018
Intellectual property is a legal career option that is often overlooked, but new research reveals it is a potentially lucrative one – with salaries remaining high for 2018.
According to a salary survey by Dawn Ellmore Employment, salaries in this specialist sector have been rising steadily, and the latest figures show no sign of this slowing down.
Dawn Ellmore Employment worked with a variety of intellectual property candidates across the UK to provide a comprehensive overview of 2018 pay rates. They found fully qualified patent attorneys, with one to four years’ post-qualification experience (PQE) can now expect to receive up to £84,000 a year, qualified trade mark attorneys with up to four years’ PQE can receive up to £73,000 and newly qualified intellectual property solicitors have seen their salaries rise from an upper limit of £60,000 to £62,000 per annum. In addition to this, graduate trainee rates have been rising steadily, and now stand at a top rate of £34,000 per annum.
The research, which looks at pay grades across the sector and includes salary ranges for patent and trade mark attorneys, IP solicitors, technical support staff and specialist secretarial, administration and office support staff, found those living outside of the capital were seeing some of the biggest salary increases.
Junior positions were better rewarded regionally too. Office junior and school leaver role salaries rose from an average of between £15,000 and £18,000 in 2017, to an expected £16,500 to £19,000 range this year.
Speaking about the findings, Dawn Ellmore Employment founder and director, Dawn Ellmore, said they represented growing demand for expertise across the sector, both in and outside of London. Dawn said:
“We know that employment opportunities for patent and trade mark professionals, specialist solicitors and legal staff are growing and the 2018 salary results reflect this very clearly.
What is particularly interesting is the marked difference between some of the more static London pay bands and the fairly substantial increases seen in some regional roles.
As an IP recruitment specialist, we are helping companies to fill many of these positions – and to ensure candidates are aware of the strong salaries that continue to be available to them in 2018.”
The Dawn Ellmore 2018 Salary Survey can be seen in full at https://www.dawnellmore.co.uk/salary-survey