Compensation

LJP has a professional compensation plan that rivals top regional and national intellectual property law firms. Our innovative compensation system allows our attorneys and agents to have more control over their compensation.

Attorneys at LJP are compensated as a percent of billed revenue. The compensation percentage starts at 40% for new associates (38% for agents) and increases with experience. While our billing goal for attorneys is 1700 hours annually, for any revenue billed over 1700 hours, the compensation percent is increased by 10%. Thus, revenue based bonuses are predictable and in control of the professional.

To assist in developing well-rounded attorneys, LJP also provides discretionary incentive bonuses for non-billable contributions. We also acknowledge that quality of life and family time are important to maintaining a healthy career. Although our 1700 hour billing goal ranks at the low end of national IP law firm requirements, we have the flexibility to structure competitive compensation at reduced billing goals.

We invite you to compare our total compensation package (base compensation, enhanced compensation for excess revenue, incentive bonus and profit sharing) with any IP firm. We are confident that you will find us very competitive.