how much is lawyer salary in nigeria

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 is the average salary in Nigeria?

Apr 03, 2022 · 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. A Nigerian lawyer can earn as must as N1,000,000 by just signing a contract or representing a company in a court case.

How much does an electrical engineer earn in Nigeria?

Lawyer Salaries in Nigeria. The average net salary for Lawyer in Nigeria is ₦91K. Salary estimated from 62 employees

How much is a monthly salary in Naira?

Attorney: An attorney in Nigeria earns quite a lot of money in terms of transportation allowance, housing allowance and also the monthly salary. Adding every one of them together, the average salary of attorneys in Nigeria per month is N656,320

How much does a level 8 police officer earn in Nigeria?

The average salary for a Legal Counsel in Nigeria is ₦2,500,000. Visit PayScale to research legal counsel salaries by city, experience, skill, employer and more.

How much are Nigerian lawyers paid?

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.

How much does a lawyer earn monthly?

Q: How much does a lawyer make per month? A: In 2020, the average salary of a lawyer was approximately $12,410 a month, which amounts to about $148,910 a year.

Which 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.More items...•Dec 18, 2019

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.

Which type of lawyer gets paid 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 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.

Do lawyers go for NYSC?

NYSC is COMPULSORY, A MANDATORY One-year Programme For Graduates Of Tertiary Institutions in Nigeria. This means that Law students do go for NYSC after attending Law School.

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 do lawyers make per case?

Contingent fee payment arrangements: With this fee arrangement, an attorney only gets paid if he/she wins a case. The attorney then gets paid a percentage, often between 25-33% of any monetary judgment or settlement.

Who is top lawyer in Nigeria?

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

What are lawyers called in Nigeria?

Hence, a legal practitioner in Nigeria, is a Barrister and Solicitor of the Supreme Court of Nigeria upon being called to the Nigerian bar and has powers to practice in any part of Nigeria.Sep 4, 2020

How much does it cost to study law in Nigeria?

With all the total fees summing up to N295,000. Thus, the Nigerian Law School fee is currently pegged at N295,000 which is expected to be paid at once. No installment payment is allowed.Jan 2, 2022

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 happens if your salary is higher than the median?

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.

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 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.

Who is a Lawyer?

A lawyer is a professional who is qualified to offer advice about the law or represent someone in legal matters.

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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 Is The Average Wage Per Hour In Nigeria?

Using Annual Salary/ (52 X 5 X 8) = Hourly Wage, we arrived at N2687.56 Naira being the average hourly wage received by the working population in Nigeria. That means if you are to work in Nigeria, you would be making N2687.56 every one hour on the average. You can make even more than that depending on your profession and location in the country.

Top Jobs In Nigeria And Their Average Salary

Below are a list of all the top jobs in Nigeria and how much they are paid per month on the average:

Final Statement

The average salary in Nigeria per month is roughly around N465,843. The average hourly wage is N2687.56 while the average annual salary is about N5,590,116. Using these above figures, you can be able to find out if you are getting the right pay in your place of work or not.

Featured Content

New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.

What is the Pay by Experience Level for Legal Counsels?

An early career Legal Counsel with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of ₦1,931,410 based on 10 salaries. A mid-career Legal Counsel with 5-9 years of experience earns an average total compensation of ₦3,200,000 based on 12 salaries.

What Do Legal Counsels Do?

Legal counsels, also called general counsels, are the chief lawyers of large corporations or government agencies. They advise departments on legal ramifications, ensure that the business is working in accordance with the law, and may represent the company or government agency in the case that a law suit is filed.

Gender Breakdown

This data is based on 10 survey responses. Learn more about the gender pay gap.