2017 Report of the Economic Survey
22. What percent of the firm's 2016 IP billings were for litigation? ________%
23. What percent of the firm's 2016 IP billings were for: a. Patent applications and prosecution?
________% ________% ________% ________% ________%
b. Trademark registration and prosecution? c. Copyright registration applications?
d . Licensing?
e. Other IP work?
24. What were the firm's total 2016 billings for professional legal services? $_______________________
25. What was the ratio of the firm's collections to the firms billings for 2016? ________%
26. As a percent of total 2016 collections (for services performed in any year), what was the firm's overhead in 2016? Overhead is all expenses other than client reimbursed expenses and compensation to attorneys and patent agents (including partner and shareholder profits). ________% 27. What was the percent change in the firm's billings for IP legal services from 2015 to 2016? Calculate as (2016 billings 2015 billings)/2015 billings) x 100. ________% 28. What was the percent change in the firm's billings for IP legal services from 2014 to 2015? Calculate as (2015 billings 2014 billings)/2014 billings) x 100. _________% 29. What were the firm's minimum, maximum, and average 2016 attorney billing rates for non-IP work? $________ per hour was minimum rate $________ per hour was maximum rate $________ per hour was the average rate Not Applicable (only perform IP work) 30. What were the firm's minimum, maximum, and average 2016 attorney billing rates for IP work? $_______ per hour was minimum rate $_______ per hour was maximum rate $_______ per hour was the average rate
31. What is the firms current starting salary for a first year associate? $______________ per year
32. What is the firms average salary for a patent agent? $______________ per year
P ROFESSIONAL L IABILITY I NSURANCE
33. What was the firm's maximum liability insurance coverage in 2016? $_____________________ each claim $_____________________ total
34. What was the liability insurance deductible in 2016? $_____________________ each claim $_____________________ total
35. What was the firm's liability insurance cost per attorney in 2016? $_____________________
36. How many liability claims for IP matters have been made against the firm in the last five years (2012 2016)? _______
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