how much do the top wage earners in the usa make as a lawyer

by Prof. Uriel Grimes 3 min read

Lawyers had a median annual salary of $118,160 across the country in May 2016, according to the U.S. Department of Labor. The top earners in this profession got paid more than $150,000 a year. If you’re asking, “How much do lawyers make in every state?”

The best-paid 25 percent made $189,520 that year, while the lowest-paid 25 percent made $84,450.

Full Answer

How much does a lawyer make in the United States?

While ZipRecruiter is seeing hourly wages as high as $68.03 and as low as $7.21, the majority of Lawyer wages currently range between $28.85 (25th percentile) to $46.39 (75th percentile) across the United States. The average pay range for a Lawyer varies greatly (by as much as $17.55), which suggests there may be many opportunities for advancement and increased pay …

Who are the 10 highest paid lawyers in the USA?

While ZipRecruiter is seeing monthly salaries as high as $29,792 and as low as $917, the majority of Corporate Lawyer salaries currently range between $7,500 (25th percentile) to $23,333 (75th percentile) across the United States. The average pay range for a Corporate Lawyer varies greatly (by as much as $15,833), which suggests there may be many opportunities for advancement …

What is the estimated beginning salary of a lawyer?

Jan 07, 2022 · What The Top 1%, 5%, 10%, 25%, and 50% Income Earners Make. Based on the Internal Revenue Service’s database, here’s how much the top Americans make for 2022. These are estimates due to rising inflation. Since the previous financial crisis in 2008 – 2009, the top 10% have significantly widened the wealth gap. Top 1%: $500,000+.

What is the median income of a lawyer?

Aug 27, 2020 · The top earners in this state have an average annual income of $910,000, while the bottom 99% have the highest annual average income in the country at $71,900. Alaska’s top one percent also takes home the lowest percentage of the state’s total income, at 11.3%.

How much do top US lawyers earn?

Although that's significantly lower than the national average, very few jobs in this profession pay that little. Meanwhile, some lawyers make more than $200k a year. The top lawyer salary hovers around $208,000.Sep 21, 2021

How much do top tier lawyers make?

The Highest Paid Lawyers Have Experience The lowest-paid 25 percent makes $54,500 or less, while the top five percent earn $121,000. Those with up to three years experience earn an average of $88,500. Those with four to nine years of experience earn an average of $101,250.

How much a lawyer earns in USA?

The national average annual wage of an lawyer is $144,230, according to the BLS, which is not far from being three-times the average annual salary for all occupations, $51,960.Nov 18, 2019

How can a lawyer make 7 figures?

4 Keys to Achieving a 7-Figure IncomeRun your law firm like a business. You studied the law as a noble profession, but to break the seven-figure barrier, you must run your law firm like a business. ... Focus on a niche. ... Identify your ideal target market. ... Pay attention to your firm's finances.

How much do the top 10 percent of lawyers make?

Across all fields and locations, the median salary for lawyers in 2016 was $118,160, according to the Bureau of Labor and Statistics. The same year, the BLS reported that the bottom 10% of lawyers earned under $54,910, while the top 10% earned over $208,000.

What kind of lawyer pays the most?

Some of the highest-paid lawyers are:Medical Lawyers – Average $138,431. Medical lawyers make one of the highest median wages in the legal field. ... Intellectual Property Attorneys – Average $128,913. ... Trial Attorneys – Average $97,158. ... Tax Attorneys – Average $101,204. ... Corporate Lawyers – $116,361.Dec 18, 2020

How much do Harvard lawyers make?

Law School Rankings by Median SalaryNo.Law SchoolMedian Salary Public1Harvard University$60,0001New York University$60,0001U. of California-Berkeley$60,0001U. of Texas-Austin$60,00046 more rows

Are lawyers well paid in the US?

Lawyers are the fifth-highest paid professionals in the country, MSNBC reported Tuesday, analyzing recent numbers from the Bureau of Labor Statistics. The average salary for lawyers is $130,490. Government lawyers earned just $81,960 to $129,430, making them poorer than most other lawyers.Jul 5, 2012

What is the highest paying jobs in the US?

Highest-Paying CareersRankOccupation2020 Median wagesAnnual1Anesthesiologists$100.00+2General Internal Medicine Physicians$100.00+3Obstetricians and Gynecologists$100.00+7 more rows

What are 8 figure jobs?

8 flexible jobs that pay over $100,000Project Manager. Salary range: $46,129 – $109,295. ... Senior Software Engineer. Salary range: $94,103 – $114,339. ... Channel Manager. ... Senior UX Designer. ... Enterprise Solutions Architect. ... Director, Product Marketing. ... Vice President, Marketing Analytics. ... Vice President, Sales.Sep 21, 2017

How much do the top lawyers in New York make?

$142,044Lawyer Salary in New YorkAnnual SalaryWeekly PayTop Earners$142,044$2,73175th Percentile$105,847$2,035Average$94,493$1,81725th Percentile$65,811$1,265

What is a 9 figure salary?

9 figures mean that annual income has 9 digits, which is a minimum of $100,000,000, and it goes up to $999,999,999.Oct 20, 2021

How much does a Lawyer make?

The average hourly pay for a Lawyer in Chicago is $80,743 an hour.

What are Top 10 Highest Paying Cities for Lawyer Jobs?

San Francisco, CA($103,354)Fremont, CA($99,046)San Jose, CA($96,326)Oakland, CA($95,244)Tanaina, AK($94,892)Wasilla, AK($94,891)Hayward, CA($93,249...

What are Top 5 Best Paying Related Lawyer Jobs in the U.S.?

Corporate Lawyer($163,166)Vice President Lawyer($141,378)Online Corporate Lawyer($103,066)Flexible Corporate Lawyer($102,021)Technology Lawyer($96,...

How much does a Corporate Lawyer make?

The average monthly pay for a Corporate Lawyer in Chicago is $163,166 a month.

What are Top 10 Highest Paying Cities for Corporate Lawyer Jobs?

Richmond, CA($199,647)Stamford, CT($194,407)Bellevue, WA($193,968)Mountain View, CA($189,806)Lakes, AK($187,164)San Francisco, CA($187,119)Palmdale...

What are Top 5 Best Paying Related Corporate Lawyer Jobs in the U.S.?

Contracts Attorney($205,416)Mergers And Acquisitions Attorney($186,500)M&A Attorney($186,500)Corporate Associate($160,714)Corporate Securities Lawy...

How much do corporate lawyers make?

In most cases, a corporate lawyer’s salary will start somewhere between $30,000 and $100,000 a year, depending on the size, location and financial condition of the employer. The best graduates of top law schools can expect much higher salaries and lucrative careers right after they graduate if they have the right skill set and have performed well during their internships. The Forbes website lists several first rate programs, such as Columbia Law School, whose graduates can expect an average starting salary of $165,000.

How much does Columbia Law School make?

The Forbes website lists several first rate programs, such as Columbia Law School, whose graduates can expect an average starting salary of $165,000. Other institutions that produce top earners in the field include Stanford University, the University of Chicago, Harvard University, and the University of Virginia.

What do medical lawyers do?

Some medical lawyers work for hospitals and health care clinics, providing advice and guidance with regard to their rights and obligations, and defend them in medical malpractice cases. Others specialize in representing clients who wish to sue health care facilities or individual health care professionals.

What is real estate lawyer?

Real estate lawyers assist their clients in a variety of ways regarding commercial and residential real estate. Issues regarding tenants, neighbors, zoning and property development also fall under the umbrella of real estate law.

What is a patent lawyer?

Patent Lawyer Salary. In a nutshell, patent attorneys are tasked with assessing and analyzing whether an invention is eligible for a patent or not. They guide and advise individual private inventors as well as corporations that are in the process of securing a patent.

What does a personal injury lawyer do?

In case of an accident or injury, personal injury lawyers represent their clients to obtain justice and compensation for any losses or suffering. The vast majority of these cases fall under the area of tort law.

What is the job of a tax lawyer?

Tax Lawyer Salary. Tax attorneys act as the representatives of a company, organization or an individual in dealing with federal, state, and local tax agencies. On a day-to-day basis, most tax lawyers give advice to businesses and individuals with regard to all aspects of tax legislation.

How much do lawyers make in Connecticut?

Connecticut is home to one of the top-paying metropolitan areas for lawyers in the country. Lawyers in Bridgeport, Stamford and Norwalk on average earn $185,560. But don't get too excited -- the cost of living in Connecticut is pretty high.

What is the average hourly wage for a lawyer in Virginia?

With an average hourly wage of about $60, Virginia is one of the most lucrative states in the country for lawyers. The Arlington/Alexandria area has higher earning potential, with $173,800 as the average annual salary.

How much does a lawyer make in Kansas?

The top 10 percent of earners who practice law in Kansas make $200,350. For the highest concentration of jobs, head to Wichita, which has the highest employment number and an average annual wage of $107,440.

What is the average salary of a lawyer in Illinois?

Illinois has one of the highest employment numbers for lawyers, with 30,250. The average salary in the Chicago area is $134,200. The highest earning potential is in Lake and Kenosha counties, with an annual mean wage of $143,040.

Which state has the highest average salary?

Colorado is one of 13 states to average more than $133,000 annually, according to the U.S. Department of Labor. Breaking down the state, Fort Collins has the highest average salary at $155,390, and Grand Junction has the lowest at $82,850. 7/51.

Which state has the highest concentration of lawyers?

Delaware is one of the top-paying states for this occupation -- trailing California, New York and Massachusetts, as well as the District of Columbia. Delaware also has among the highest concentration of jobs for lawyers.

Where is Lia Sestric?

Lia Sestric is a Pittsburgh native and graduate from E.W. Scripps School of Journalism at Ohio University. Her bachelor’s degree is in Broadcast News. She has written and produced television news stories in the Los Angeles area and Charleston, S.C. In 2012, Lia began to freelance write on the side about higher education and careers for Yahoo! Finance. Lia is now based in the Washington, D.C. area and continues to work on national and local writing contracts. Her work frequently appears on major sites like Yahoo, The Huffington Post, MSN, Entrepreneur, Business Insider, USA Today, in addition to GOBankingRates.

How much does a Corporate Lawyer make?

As of Feb 6, 2022, the average monthly pay for a Corporate Lawyer in the United States is $13,597 a month.

What are Top 10 Highest Paying Cities for Corporate Lawyer Jobs

We’ve identified 10 cities where the typical salary for a Corporate Lawyer job is above the national average. Topping the list is Richmond, CA, with Stamford, CT and Bellevue, WA close behind in the second and third positions.

What are Top 5 Best Paying Related Corporate Lawyer Jobs in the U.S

We found a few related jobs that pay more than jobs in the Corporate Lawyer category.

What is the average annual wage of the bottom 90%?

Wages for the bottom 90% rose more (1.4%) than the wealthiest, but average annual wages were dramatically less at $37,574. 1 . Despite the lack of growth in 2018, historically the rich have become richer faster than the rest of the population.

How many figures do you need to be a top earner?

You'll need at least six figures to count yourself among the nation's top earners, according to data published by the Economic Policy Institute (EPI) in December 2019.

When did the wealthiest people become richer?

The wealthiest have grown richer much faster than the rest of the population since 1979. Income disparity stands out in particular among the highest and lowest earners in regards to how the distribution of wages has changed since then.

What was the wage rate during the financial crisis?

During the financial crisis from 2007 to 2009, wages fell furthest among the top 0.1% and 1% of earners. In 2018, the top 0.1% had still not yet bounced back to what they earned in 2007. 1 

Who is Julia Kagan?

Julia Kagan has written about personal finance for more than 25 years and for Investopedia since 2014. The former editor of Consumer Reports, she is an expert in credit and debt, retirement planning, home ownership, employment issues, and insurance.

Do the richest people grow richer?

Historically, the wealthiest have grown richer much faster than the rest of the population. Income disparity is highlighted among the top and lowest earners in terms of how much the distribution of wages has changed since 1979.

What percentage of Americans don't pay income tax?

However, the 47% of Americans who pay no income taxes fall into three groups: The working poor. The earned income tax credit and the child credit can help families making $50,000 or more pay no taxes or get money back. About 60% of those not paying income taxes do contribute to payroll taxes.

How much will the top 1% earn in 2021?

For those who are just struggling to keep their heads above water, let’s lend them a helping hand. The top 1% income earner in 2021 is now earning at least $470,000 a year. But in some states, like Connecticut, the top income earners make over $550,000 a year.

Why is rental income going up?

Given interest rates have plummeted, the value of rental income has gone way up because it takes more capital to generate the same amount of income. Top income earners who really cherish their time also invest in real estate crowdfunding to earn income 100% passively.

How much is the standard deduction for 2021?

The standard deduction per person is now $12,550 in 2021. Further, each family gets a $500 child tax credit.

Which countries have similar GDP per capita to America?

Countries with similar GDP per capita to America include Hong Kong, Switzerland, and Saudi Arabia. If at birth, you had the mental capacity to choose where you’d like to live for most of your life, living in a top 20 richest country will more than likely help you become a top income earner as well.

Is America rich?

Americans are rich by world standards. With an average GDP per capita income of ~$65,200, America consistently ranks in the Top 20 richest countries in the world. Many of the world’s top income earners live right here in our great country. Other rich countries that have a higher GDP per capita than America include Liechtenstein ($139K), Qatar, ...

Is real estate a good asset class?

Real estate is one of the favorite asset classes to build wealth by top income earners. Real estate is tangible, provides utility, and generates valuable income. With mortgage rates staying at record-lows and more people working from home, the growth of real estate will likely be strong for years to come.

How much do you have to make to be a 1% in New York?

To reach 1% status in the state of New York, you’d have to earn at least $550,174 a year. Not only is New York’s income inequality the highest in the country, its top 1% also takes home the biggest percentage of state income, at a whopping 31%.

Which state has the lowest inequality?

What State Has the Lowest Income Inequality? The state with the lowest income inequality is Alaska, where the top 1% in the state earn just 12.7 times as much as the bottom 99%. The top earners in this state have an average annual income of $910,000, while the bottom 99% have the highest annual average income in the country at $71,900.

Do Dea Agents Get Paid Well?

There is generally an option for those with specialized knowledge or education for being selected as DEA Special Agents in GS-7 or GS-9 levels. Special Agents can earn approximately $92,592 in gross income in their fourth year with the IRS when they qualify to progress to the GS-13 level.

Who Gets Paid More Fbi Or Dea?

Salaries. Compared to DEA, the Federal Bureau of Investigation (FBI) reports to have 7708 more salary submissions.

Is It Hard To Become A Dea Agent?

It takes courage and determination to be a DEA agent, but it also takes a great deal of satisfaction. Students pursuing a career in law enforcement must meet a variety of entrance requirements. Depending on the phase, rtection goes through several phases, is very competitive and can take up to 1 year to complete.

How Many Hours A Week Does A Dea Agent Work?

The majority of human resources professionals and administrative staff work between 8 am and 5 pm. Each Special Agent will work ten hours.

Is Being A Dea Agent Worth It?

At the DEA with your special Agent career, you’ll find yourself doing a lot of work and will be making a good salary in addition to having a very demanding career. There’s so much going on in the workplace if you’re excited about the future. This career will enrich your life significantly.

Which Makes More Money Fbi Or Cia?

Salaries. Compared to the Central Intelligence Agency (CIA), the FBI has 749 fewer total salary submissions.

What Part Of The Fbi Gets Paid The Most?

According to the federal Bureau of Investigations (FBI), it pays $195,023 a year to be a Section Chief.

How much is the minimum wage in Washington?

While it varies from state to state — the minimum wage has been stuck for years at $7.25 an hour at the federal level but it goes as high as $12.50 in Washington D.C. — in no state does working 40 hours a week for minimum wage enable a person to rent a median two-bedroom apartment.

How much was the minimum wage in 1981?

Converted back into 1981 dollars, that’s around $14 — only four times as much as the minimum wage at the time, $3.35. A gap still existed, but it wasn’t nearly as dramatic. The amount the top earners bring in varies from state to state.