how much is nigeria lawyer paid

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.

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How do lawyers make money 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

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 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

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.

What type of lawyer is the highest paid?

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

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...

Which field of law is the best?

These are some of the most highly compensated legal jobs.Trial Lawyers. Trial lawyers are among the highest paid legal professionals in the world. ... Intellectual Property Lawyers. ... Tax Attorneys. ... Real Estate Attorneys. ... Judges. ... Members of Congress. ... Law School Professor. ... Litigation Support Director.More items...•Dec 21, 2018

Can an American lawyer practice in Nigeria?

To provide legal services in Nigeria, a lawyer must be qualified to practise in Nigeria as a barrister and solicitor of the Supreme Court (section 2(1), LPA). Foreign lawyers and law firms can only establish a commercial presence in Nigeria through contracting with lawyers qualified to practise law in Nigeria.Jul 1, 2021

What are the types of law in Nigeria?

The Constitution of Nigeria is the supreme law of the country. There are four distinct legal systems in Nigeria, which include English law, Common law, Customary law, and Sharia Law. English law in Nigeria is derived from the colonial Nigeria, while common law is a development from its post colonial independence.

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.

How much are Nigerian lecturers paid?

Lecturer SalariesJob TitleSalaryUniversity of Nigeria Lecturer salaries - 6 salaries reportedNGN 159,000/moCovenant University Lecturer salaries - 4 salaries reportedNGN 166,547/moBayero University Lecturer salaries - 4 salaries reportedNGN 125,000/mo17 more rows•Apr 3, 2022

How much are Nigerian doctors paid?

Private hospitals pay between N120, 000 – N250, 000 for resident doctors while Government hospitals pay between N190, 000 – N280, 000 for junior resident doctors. Also, Consultants generally earn between N600, 000 – N900, 000 per month. Here is a breakdown of how much medical doctors earn per level of experience.

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 difference between a bonus and a commission?

A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

Why do revenue generators get bonuses?

The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

What is pro bono case?

In situations like that, such services are refer red to as pro bono cases. In practice, there are no specific charges or prices attached to legal services to be provided by a Lawyer. It usually depends on the Lawyer who is handling the case.

What is RPC 2007?

The Rules of Professional Conduct (RPC) 2007 is a guide containing the way and manner a Lawyer must conduct himself in relating with his colleagues, clients and to the Legal profession itself.

Can a lawyer accept a retainer?

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. 3. A Lawyer is entitled to contingent fee; it is not against public policy. 4.

Who is Gani Fawehinmi?

Gani Fawehinmi was the man that significantly changed the legal system of Nigeria. He is the founder of the Nigerian Weekly Law Report (NWLR), Nigerian’s most reliable law report. Even though he is now late, Gani Fawehinmi Chambers is still one of the best chambers in Nigeria.

Where is Aelex located?

It is also one of the best commercial law firms in Nigeria too. Research shows that Aelex is one of the largest law firms in West Africa with offices in Lagos, Port Harcourt, Abuja and even in Accra, Ghana.