Wood IP LLC Salary

As of October 2026, the average annual salary for employees at Wood IP LLC in the United States is $97,495. This translates to an approximate hourly wage of $47. Salaries at Wood IP LLC typically range from $85,688 to $110,306 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Wood IP LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Wood IP LLC. Based on our data, the highest paying job is the Managing Partner, with an annual salary of $154,484. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Wood IP LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Wood IP LLC's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Law Office of Robin P Keller LLC $102,189
+4.8%
Reflects a supply-demand imbalance for the specific talent Law Office of Robin P Keller LLC targets.
Law Office of David J Hungeling $88,593
-9.1%
Law Office of David J Hungeling likely leverages performance bonuses over the high base salary shown here.
Studio Partnership $89,679
-8.0%
Studio Partnership may offer non-monetary perks in lieu of competitive base salaries.
AdmexTech $98,497
+1.0%
Confirms AdmexTech is a direct competitor vying for the exact same talent pool.
Business Services Industry $120,931
+24.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Wood IP LLC

Considering a career at Wood IP LLC? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The onboarding process was smooth and welcoming. It’s a great perk that encourages us to prioritize our physical and mental health. It could benefit from better time management. The organization excels in fostering a collaborative and inclusive environment.
It’s a motivating and respectful work environment. Inter-departmental communication could be improved. The company supports continuous learning through online platforms and certification programs. Their vision for the company is clear and motivating.
The company operates efficiently and has clear systems in place, which helps maintain order. Managers are approachable but often stretched thin. The company offers a fantastic employee discount program. It feels like a true partnership working towards common goals for our clients. Clear goals and achievable expectations. The projects are challenging and diverse, which keeps things interesting and ...

Wood IP LLC Overview

Website
www.woodiplaw.com
Founded In
2016
Employees
<25 employees
Industry
Business Services
Headquarter Address
555 Quince Orchard Rd Gaithersburg Maryland MD 20878
Revenue
<$5 Million
Phone Number
+1 2408019717
Social Media
About Wood IP LLC
Wood IP is an exceptional patent boutique of experienced professionals with technical depth and strategic insights. Ted Wood and his team provide IP counseling, patent prosecution, and application preparation for several GE business units. Their innovative approach is crucial to protecting key GE technologies including hardware, software, and healthcare. Ted is one of the most conscientious, creat

What Benefits Does Wood IP LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Wood IP LLC offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Wood IP LLC?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Gaithersburg?

Understanding the cost of living near Gaithersburg is key to truly evaluating a salary offer or your current compensation at Wood IP LLC.
Gaithersburg's Cost of Living Index is approximately 123.8 (23.8% more expensive than US average; 9.6% more than MD average). Montgomery County city, biotech corridor, high housing costs. Ride On bus, MARC train. When planning your budget based on a salary from Wood IP LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,750 - $2,600+ A significant portion of Wood IP LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (Ride On monthly pass, MARC extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,065+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Wood IP LLC

1. What is the typical salary range (low to high) for most roles at Wood IP LLC?

The typical annual salary range for most roles at Wood IP LLC is approximately from $85,688 to $110,306. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Wood IP LLC pay compared to Law Office of Robin P Keller LLC?

The average annual salary at Wood IP LLC is $97,495, or an hourly wage of $47, in comparison to Law Office of Robin P Keller LLC which pays $102,189 per year or $49 per hour.

3. Do salaries differ significantly between departments at Wood IP LLC?

Yes, salaries often differ between departments at Wood IP LLC due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Wood IP LLC?

Experience level is a significant factor in determining salary at Wood IP LLC, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Wood IP LLC in Gaithersburg is fair given the local cost of living?

To determine if a salary offer from Wood IP LLC in Gaithersburg is fair, first compare the gross salary to our data for similar roles at Wood IP LLC and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Gaithersburg" to understand its purchasing power.

6. What factors influence salary increases at Wood IP LLC?

Salary increases at Wood IP LLC are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.