Highest Paid Lawyers and Legal Jobs 1. Intellectual Property Lawyers. Average: $170,000; depending on your expertise and clients, compensation can reach the... 2. Trial Lawyers. Average: $160,000; the nation’s top private trial lawyers can earn millions. Description: Trial... 3. …
Sep 09, 2011 · The Highest Paying Legal Jobs Trial Lawyers. Trial lawyers are among the highest paid legal professionals in the world. Thousands practice across the... Intellectual Property Lawyers. Intellectual property laws protect ideas, such as patents, copyrights, trademarks, and... Tax Attorneys. Tax ...
Feb 02, 2022 · What is the highest paid lawyer? Highest paid lawyers: salary by practice area . Patent attorney: $180,000. Intellectual property (IP) attorney: $162,000. Trial attorneys: $134,000. Tax attorney (tax law): $122,000. Corporate lawyer: $115,000. Employment lawyer: $87,000. Real Estate attorney: $86,000. Divorce attorney: $84,000.
Feb 22, 2021 · Highest paying legal jobs 1. Lawyer. Primary duties: Lawyers represent their clients in a courtroom, before government agencies and in a variety... 2. Counsel. Primary duties: A counsel provides legal advice and guidance to individuals or organizations. They use their... 3. Mediator. Primary duties: ...
Average: $170,000; depending on your expertise and clients, compensation can reach the millions.Description: Intellectual property law focuses on t...
Average: $155,000Description:Â Employment and labor attorneys help workers and/or employers with issues regarding wages, pension and benefits, unlaw...
Average: $125,000Description:Â Immigration lawyers focus on government policies relating to foreign nationals immigrating temporarily or permanently...
Getting paid well as a lawyer isn’t just about the type of law you study and practice. The highest paid lawyers are often in the states and cities...
Description: Tax attorneys specialize in working with business entities and individual taxpayers to solve tax issues, including relief/avoidance (minimizing tax liability), guidance during an audit, estate planning, defending or bringing suit against the IRS or State Revenue Department, drafting contracts and setting up companies while doing business.
Description: Real estate lawyers focus on all aspects of real property, such as ownership of land and buildings, who has the right to use it, the sale and purchase of real property, easements, compliance with local, state and federal permits and regulations, landlord and tenant contracts, and construction deals.
Description: Intellectual property law focuses on the protection of inventor’s and businesses’ legal rights in protecting their discoveries, innovations, trademarks, and patents. Most IP lawyers specialize in a particular sector or area.
Similarly, environmental lawyers working for governmental agencies or corporations work on air and water quality, protecting the environment against hazardous wastes, licensing, energy trade regulation, or ensuring businesses abide by the laws and regulations to avoid litigation and liability. 8. Law School Professors.
Description: Law school professors primarily teach classes/courses on different aspects of the law, while performing research for scholarly publication. By publishing their work and establishing themselves as an expert in their field, law professors bring prestige for themselves as well as their respective educational institutions.
Description: Law firm administrators, also known as chief managing officers, oversee and manage the business-side of running a law firm , including strategic partnerships, financial management and reporting, personnel, marketing, brand and practice management, business development, human resources, etc.
Description: Trial lawyers represent clients during criminal and civil litigation (lawsuits). Criminal lawyers include private attorneys representing plaintiffs or defendants, as well as prosecutors, ADAs (Assistant District Attorneys) or DAs (District Attorneys) who represent the “people” or the justice system (government).
Trial Lawyers. Trial lawyers are among the highest paid legal professionals in the world. Thousands practice across the globe, but civil litigators who handle high-dollar, high-profile and high-stakes cases are the most highly compensated. However, not all lawyers rake in high incomes.
Although this type of work isn’t as flashy as that of trial lawyers, tax attorneys still bring in decent paychecks. The median pay is about $99,000 as of 2018, while some make as much as $200,000 each year.
Intellectual Property Lawyers. Intellectual property laws protect ideas, such as patents, copyrights, trademarks, and other profitable concepts. This is a fast-growing area of law as technology continues to advance, and it is also statistically among the most lucrative.
Chief legal officers (CLOs), also known as general counsel, head the law departments of corporations. Generally, the larger the corporation, the greater the general counsel's salary. Earnings for CLO's heading large, multi-national corporations can reach seven figures.
Law firm administrators or chief managing officers oversee the business and administrative aspects of running a law firm. Their duties cover the non-legal aspects of law practice, such as financial management and reporting, business development, human resources, facilities management, technology, marketing, and practice management.
Employment and labor attorneys work to ensure that relationships between employers and employees stay balanced and fair. They represent either the employers and management or the employees. They are compensated well.
Judges preside over court proceedings in federal, state, and local courts. Judges and magistrates earn a median annual salary of $66,000 to as much as $148,000. The highest-paid judges are those within the federal court system, while local judges and magistrates earn the least.
While a legal career often provides you with a generous paycheck, this field also comes with several other benefits. Knowing these benefits can help you determine whether you find this career path worthwhile. Here are some of the benefits of pursuing a legal career: 1 Intellectually challenging: When you work in the legal field, you have to navigate the legal system, take on challenging cases, research complex matters and analyze both your cases and the law. Therefore, having a legal profession provides you with an intellectually stimulating environment. 2 Financially rewarding: The legal industry offers some of the most lucrative careers in the job market. This means you can often expect high salaries which can afford you added luxuries in life. 3 Fulfilling: When you have a legal job, you work with a variety of clients. Knowing you're pursuing justice and helping others resolve their legal problems can help you find fulfillment and give you the satisfaction of knowing you made a difference in their life. 4 Flexible: As a lawyer, you have the ability to set your own hours, choose your own clients and pick your own hours. This means you're better able to balance your personal life with your job, ultimately increasing your job satisfaction. 5 Diverse career options: The legal field houses many careers that serve various legal functions. From lawyers to mediators, you have the opportunity to follow the ever-evolving legal system and the various career paths so long as you meet a particular job's qualifications.
Primary duties: Employment lawyers manage and provide legal representation for labor-related legal matters. They work to resolve legal matters between an employer and its employees such as matters regarding pay, workplace health and safety issues, pension disputes, contract disagreements and workplace discrimination.
Here are some of the benefits of pursuing a legal career: Intellectually challenging: When you work in the legal field, you have to navigate the legal system, take on challenging cases, research complex matters and analyze both your cases and the law.
They implement various programs such as orientation, training and counseling programs at a law firm. Managing partners also create a law firm's organizational, financial and operational strategies, enforce ethical legal practices and prevent conflicts among specialty groups and service areas.
Primary duties: Judges preside over legal actions in a courtroom. Their powers and functions vary depending on their jurisdiction. Judges conduct the trial impartially and keep order in the court. They also announce a person's sentence and interpret the meaning and implications of the law.
Primary duties: Working in the legal industry without a law degree, intellectual property paralegals deal with copyrights, patents and trademark law. They assist intellectual property attorneys and the work for their clients. They also create, revise and file patent documents and manage client communication.
Primary duties: Patent attorneys use their intellectual property law expertise to protect an investor's property rights. They lead their clients through the process of getting a patent and help enforce their rights if they're infringed.
At the low end of the salary scales, some corporate lawyers make less than some schoolteachers–$66,000. The more successful corporate lawyers can earn well into six figures, though.
Tax attorneys make $80,000 on the low side and $105,000 on the high scale, with most practitioners making nearly $100K. This type of attorney represents a company that deals with federal, state, or even local taxing bodies.
The median represents the middle number in a given sequence of numbers when it’s ordered by rank. For instance, when quiz scores are listed from lowest to highest—30, 56, 65, 70, 84, 90, 90, 91, 92—the median, or middle, score is 84.
According to the Bureau of Labor Statistics (BLS), the average lawyer’s salary is $144,230.
These types of lawyers need to keep on top of three distinct properties of intellectual property law: patents, trademarks, and copyrights.
Some are barely surviving while others are swimming in cash. However, there’s no doubt that a lawyer with a penchant for the courtroom can earn a decent living.
IP lawyers usually deal with patents that protect inventors’ rights and keep copycat competitors at bay during the time period the patent is valid. The stringent patent application process can be challenging even for experienced IP attorneys, so competition for the best, most experienced IP lawyers is high.
While this type of job isn’t flashy like a trial lawyer, tax lawyers still bring in a decent paycheck—the median pay is $99,000, while some make as much as $189,000 each year.
They are handsomely rewarded for their hard work, too—the median salary for a law professor is $128,000 with the high end reaching $194,000.
Intellectual property laws protect ideas—this encompasses patents, copyrights, and trademarks, among other types of profitable ideas. This is a fast-growing area of law as technology continues to advance, and it is also statistically the most lucrative—the median pay is nearly $139,000, while people on the high end make $250,000 or more per year.
Trial Lawyers. Trial lawyers are the ones you see on television and on the silver screen—they stand in courtrooms and argue cases before judges and juries. There are fewer trial lawyers than there are law graduates who want to do this job, so competition is often fierce.
Managing partners are rewarded for all of their sleepless nights, though—the median salary for a managing partner in a law firm is $139,000, and that can go as high as nearly $400,000 in big cities and prestigious firms.
Real estate attorneys review offers and contracts and make sure that buyers are getting fair deals on the properties they are purchasing. Real estate lawyers also work with sellers to make sure everything is fair on that end, as well.
The median pay for a CLO is $183,000, with some making as much as $285,000 per year. Getting a CLO position takes time and hard work, though—there are very few of these positions available across the country, and many require at least a decade of experience.