When And How To Consider Hiring In-House IP Counsel

Law360, New York (May 16, 2013, 1:08 PM EDT) -- As a patent attorney who has worked in law firms, venture-backed medical device startups, and one public medical device company, I am frequently asked by entrepreneurs and executives, "When should I consider hiring in-house patent counsel?" The answer ends up starting off like many answers from lawyers — "It depends." It depends on a few different factors, one of which is who is answering the question. For example, I now work in private practice, so my answer is, "Never hire in-house counsel. I can do it all for you." When I was an in-house lawyer, my answer was, "Hire in-house counsel early, and pay him a large salary with a large option grant."...

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