how much does a lawyer make in nigeria 2018

by Paolo Orn 6 min read

Attorney salaries in Nigeria range from 300,000 NGN per month (minimum salary) to 1,040,000 NGN per month (maximum salary). Median Salary The median salary is 705,000 NGN per month, which means that half (50%) of people working as Attorney (s) are earning less than 705,000 NGN while the other half are earning more than 705,000 NGN.

Full Answer

How much does a lawyer earns in Nigeria?

In general, the average salary of a lawyer in Nigeria who works for a law firm or a company is N50,000 monthly. However, it is imperative to know that the actual salary of a lawyer in Nigeria is limitless.Apr 3, 2022

Are lawyers rich in Nigeria?

Below are the richest lawyers in Nigeria and their net worth: Adewale Tinubu – $700 million. Afe Babalola, CON, OFR, SAN – $350 million. Abubarka Malami SAN – $500 million.Jan 24, 2022

What type of law pays the most in Nigeria?

Below are Nigeria's highest paying law firms in 2019/2020:
  • Banwo & Igbodalo – N100,000 per month.
  • Templars – N100,000 per month.
  • Aluko & Oyebode – N100,000 per month.
  • Ajumogobia & Okeke – N90,000 per month.
  • Olaniwun Ajayi LP – N90,000 per month.
  • Udo Udoma & Bello Osagie – N80,000 per month.
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Nov 28, 2019

How much does a criminal lawyer earn in Nigeria?

Lawyers Salaries Based On Educational Level

For someone with a Bachelor's Degree, your average salary would be 100,000 - 150,000 NGN monthly. A Master's Degree holder is sure to be paid an average of 250,000 NGN monthly. As a Nigerian PhD holder living in Nigeria, your law pay is a medium of 500,000 NGN per month.
Jul 23, 2020

Who is top lawyer in Nigeria?

Best Lawyers in Nigeria
  • Wole Olanipekun, SAN.
  • Gbenga Oyebode.
  • Aare Afe Babalola, SAN.
  • Funke Adekoya.
  • Adedolapo Akinrele.
  • Muhammad Dele Belgore SAN.
  • Adewale Atake, SAN.
  • Chief Joe Kyari Gadzama SAN.

What type of lawyer is the highest paid?

Highest paid lawyers: salary by practice area
  • Tax attorney (tax law): $122,000.
  • Corporate lawyer: $115,000.
  • Employment lawyer: $87,000.
  • Real Estate attorney: $86,000.
  • Divorce attorney: $84,000.
  • Immigration attorney: $84,000.
  • Estate attorney: $83,000.
  • Public Defender: $63,000.
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Apr 24, 2022

Are lawyers rich?

Most lawyers earn more of a solid middle-class income," says Devereux. You probably will be carrying a large amount of student loan debt from law school, which is not at all ideal when you're just starting out in your career. "Make sure you only become a lawyer if you actually want to work as a lawyer.Sep 18, 2020

How much are Nigerian doctors paid?

4. Doctors in Private Hospitals: The Salary of Doctors in a Private hospital is relatively low compared to Doctors in Government hospitals. A resident Doctor could earn around 40,000- 100,000, A Registrar 120,000- 250,000, A Consultant 400,000- 600,000 Naira.Apr 13, 2022

Are lawyers paid well?

A: Law careers have always been some of the most lucrative in the United States. Depending on their location and specialty, lawyers can make as much as $200,000+ a year, which is considerably more than people make in most other professions.Sep 21, 2021

How much does a new lawyer earn in Nigeria?

Lawyer Salaries
Job TitleSalary
Nigerian National Petroleum Lawyer salaries - 1 salaries reportedNGN 330,000/mo
Self Opportunity Lawyer salaries - 1 salaries reportedNGN 500,000/mo
Olaniwun Ajayi Lawyer salaries - 1 salaries reportedNGN 400,000/mo
Banwo & Ighodalo Lawyer salaries - 1 salaries reportedNGN 300,000/mo
16 more rows
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May 4, 2022

How many years does it take to study law in Nigeria?

In all, becoming a lawyer in Nigeria takes 7 years. First 5 years will be spent in any accredited law faculty in Nigeria, then the remaining two years is for the Nigerian law school and NYSC (Youth service) respectively.Aug 13, 2020

How much do they pay lawyer?

A: In 2020, the average salary of a lawyer was approximately $12,410 a month, which amounts to about $148,910 a year. Q: Do lawyers who own private practices or partners in law firms have a higher salary? A: Lawyers working in law firms generally earn more than those who own private practices.

What is a lawyer in Nigeria?

Generally, a lawyer is someone who practices law, they are also called advocates or legal practitioners. They can also be called barristers or solicitors, in Nigeria the legal profession is fused in that lawyers in Nigeria are both barristers and solicitors of the supreme court of Nigeria. Read Also: 10 Tips to Succeed as a Young Lawyer In Nigeria.

What is the duty of a lawyer?

Most of the times, a lawyer’s duty is to his client beyond the general duty to uphold and observe the rule of law and to promote and foster the course of justice. According to the Rule 14 of the Rules of Professional Conduct for Legal Practitioners, It is the duty of the lawyer to devote his attention, energy and expertise to the service ...

What is the rule of professional conduct for lawyers?

Rule 48 (1) of the Rules of Professional Conduct for Legal Practitioners provides that a lawyer is entitled to be paid adequate remuneration for his services. The rule does not state how much remuneration is adequate for the services of a lawyer but it prohibits the charging of excessive fees by lawyers.

What is the difference between a lawyer and a barrister?

A solicitor does much of office work and documents preparation and are usually not involved in litigation, a barrister on the other hand is more involved in litigation, wears wig and gown and represents clients in law courts. In Nigeria a lawyer can do all of these. According to Section 24 of Nigeria’s Legal Practitioners Act, ...

Can a lawyer practice in Nigeria?

In Nigeria a lawyer can do all of these. According to Section 24 of Nigeria’s Legal Practitioners Act, a “Legal Practitioner” is described as “a person entitled in accordance with the Legal Practitioners Act to practice as a barrister and solicitor either generally or for the purpose of any particular office or in essence, ...

Do lawyers charge fees for consultation?

Some lawyers may also charge consultation fee when necessary. The Rules of Professional Conduct for Legal Practitioners also makes provision for retainer. A reatiner occurs where a lawyer is paid to handle all or a special litigation by a particular client. It is general when it covers the client’s work generally and special when it covers ...

What companies have personal lawyers in Nigeria?

Take for instance, companies like Oado Oil, Dangote, Chevron etc have their personal lawyers handling their legal matters.

What factors determine the salary of a lawyer?

1. Experience of the lawyer: Unfortunately, experience is one of the factors that determine the salary of a lawyer. The legal profession is highly based on experience. Every lawyer is qualified based on his/her experience in certain field of law. So a lawyer who has more experience will likely earn more.

How many levels of lawyers are there in a law firm?

There are basically four levels of lawyers in every law firm namely: Interns, Junior Associates, Senior Associates and Partners. As we continue, i will give you a rundown of their average salary:

How much does an attorney make in Nigeria?

A person working as an Attorney in Nigeria typically earns around 653,000 NGN per month . Salaries range from 300,000 NGN (lowest) to 1,040,000 NGN (highest). This is the average monthly salary including housing, transport, and other benefits. Attorney salaries vary drastically based on experience, skills, gender, or location.

How much does a masters degree cost in Nigeria?

A Master's degree program or any post-graduate program in Nigeria costs anywhere from 1,690,000 Naira (s) to 5,080,000 Naira (s) and lasts approximately two years. That is quite an investment. You can't really expect any salary increases during the study period, assuming you already have a job.

What is hourly wage?

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is annual salary increase?

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

What does it mean when your salary is higher than the median?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

What is the most important factor in determining the salary of an attorney?

The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Attorney salaries by experience level and this is what we found.

Why is an attorney considered a high bonus?

An Attorney is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation , with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

What factors are considered in the determination of legal fees?

1. The time and labour required, the novelty and difficulty of the questions involved and the skill needed in handling the case. 2.

Can a lawyer be retained in Nigeria?

Read Also: Punishment For Corruption Under Nigerian Law. 2. A Lawyer may accept general or special retainers. This means that a Lawyer can be retained but must not be involved in a case that will be detrimental to the interest of the client paying him.

Is it illegal for a lawyer to overcharge?

In charging a client, it is unlawful for a Lawyer to overcharge and even undercharge. The fact that such client can afford it shouldn’t be an avenue for exploitation. On the other hand, a client is not financially capable of a good counsel may receive special consideration. 6.

Is a lawyer entitled to a contingent fee?

A Lawyer is entitled to contingent fee; it is not against public policy. 4. A Legal Practitioner is prohibited from bearing the expenses of litigation on behalf of his client. However, the Legal Practitioner can pay in advance as a matter of convenience but must be reimbursed subsequently. 5.

Can a lawyer share his fees with a co-counsel?

6. A Legal Practitioner is prohibited from sharing his legal fees with anyone expect with his co-counsel in a case. 7. It is incongruous with the Law for a Lawyer to accept commissions, compensations or gifts from his client’s opponent without the knowledge of his client.

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