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For a judge in the Court of First Instance you are looking at €11,000 net per month. This amounts to €132,000 per year in your bank account. For judges in the Court of Appeal, you get an extra €1,000 net a month, bringing your annual income to €144,000.
With the judicial pension package and allowances still to be finalized, it is hoped (whether realistically or not) that this will be enough to attract Europe's experienced patent judges who users will depend upon to ensure that the UPC's decisions, especially in its early days, are of high quality.
Other UPC news includes:
- The publication of the Rules of Mediation which were agreed in December 2015.
- The approval of the UPC statutory instrument in the UK House of Commons and House of Lords on Tuesday and Wednesday this week. This will be subject to an in-depth analysis by fellow Kat, Darren, later on.
- Practical details as to how to opt-out using the Case Management System can be found here.
- The first budget of the UPC will be the topic of discussion at next week's Finance working group meeting in Paris
The AmeriKat will be back later with a special guest post from a UPC insider.
How much? Full-time UPC judges will earn €132,000 - €144,000 net a year
Reviewed by Annsley Merelle Ward
on
Thursday, March 03, 2016
Rating:
Reviewed by Annsley Merelle Ward
on
Thursday, March 03, 2016
Rating:
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I believe that EU officials earn tax free salaries, unlike practitioners in private practice. This massively distorts the comparison.
ReplyDeleteIf these rates are after tax, then (taking a tax rate of 40% across the board and a current €/£ exchange rate) the pre-tax salary will be pretty close to the £177k which UK High Court judges are paid. So this agreement on judicial salaries removes a feared obstacle to the UK Patent Judges getting involved in the UPC.
ReplyDeleteThe whole article is about net salary !
ReplyDeleteBut such salaries are clearly insufficient to attract applicants from the EPO, even taking into account the harshness of the working conditions.
ReplyDeleteAnon 1056,
ReplyDeleteWere DG3 members not banned from applying? I only ask because at the time it seemed surprising given that the EPO seemed to be trying to reduce DG3 numbers and that seemed counter-intuitive to block any from leaving.