Master of Law [L.L.M.] in Intellectual Property and Trade Law

Protection of intellectual property has become so important these days that companies today carry out intellectual property audits to identify their intellectual wealth and form special departments to manage them. The legal professional who specializes with matters related to intellectual properties is termed as Intellectual Property Attorneys. The major job of all Intellectual property (IP) lawyers is to protect the intellectual property rights of their clients. The career prospects after doing this course are usually on the international level addressing real time issues pertaining to the intellectual property laws and trade laws. The major job profiles are:

• Private Attorney and Lawyer
• Patent Attorney
• Trademarks Attorney
• Copyrights Attorney
• Legal Officer
• Advisor and Consultant
• Legal Manager
• Documentation and legal writing.

Besides the patent, copyright, trademark areas these professionals can also work in the field of industrial design, layout design of integrated circuit, geographical indication, trade secrets and protection of plant varieties, information and communication technology law (cyber laws). 

LLM Intellectual Property and Trade Law: Salary Trends

The highest paying job in the legal sector is that of the Head or General Manager Legal who gets an average of about 18 lacs per annum and that of the Head or GM Regulatory Affairs with an average of 20 lacs per annum. The other jobs of the Legal Officer, the private attorney and lawyer and advisor and consultant get an average of 3.6 lacs, 4.0 lacs and 4.8 lacs per annum respectively.

Following graph shows the job profile wise salary trend in LPA for LLM degree holders-

Salary trend also depends on employment sectors. Lawyers in corporate sectors tend to earn more than any other sector. Also private law firms hire LLM degree holders on a very handsome package.