A patent attorney who tracks trends for International IP Law Group has calculated the retirement rate of patent practitioners, each a potential employment opportunity.
Research by Zachary Kinnaird shows that approximately 15% of patent practitioners leave the field after 20 years of practice. Based on removals from the Patent and Trademark Office roster, Kinnaird further calculates the annual rate of retirement at about two percent.
Each of these retirements represents a potential job opening, presuming the retiree’s position is not “filled” by attrition. Coupled with newly available positions, the data would seem to suggest that employment prospects are good for those newly registered to practice before the USPTO.
Read Kinnaird’s analysis here.