Intellectual Property (IP) Analyst Salary
An Intellectual Property (IP) Analyst earns an average salary of $68,784 per year.
Job Description for Intellectual Property (IP) Analyst
Intellectual property (IP) analysts perform infringement analyses. The purpose of these analyses is to make sure that other companies or individuals do not infringe on their employer’s intellectual properties, and that their companies do not infringe on others’ IP rights. Other than researching existing intellectual properties, they may be involved in preparing patent applications.Read More...
These analysts must generally have a bachelor’s degree in a fields relevant to their employer’s business. For example, their employers might be involved in the music industry or in computer technology. They must have registered with the United States Patent and Trademark Office (USPTO). They must clearly understand USPTO time requirements. They must be proficient with patent search engines and relevant software. Some employers prefer candidates that have experience working with law firms. They must work closely with intellectual property counsels within their organization. Intellectual property analysts must have excellent interpersonal and organizational skills. They must have excellent verbal and written communication skills. Some employers require IP analysts to travel.
They must keep themselves up to date with various government regulations related to intellectual properties. They must follow their industry’s trends. They must read relevant journals. They must be able to work as a team, since IP analysts are involved in strategic patent portfolio development with other staff members. They may have to coach or mentor junior or new IP analysts.
Intellectual Property (IP) Analyst Tasks
- Oversee patent elements of product development and client relationships.
- Research and document competitors behavior and IP market trends.
- Research litigation histories on IP subjects and involved legal parties.