what is the highest paying lawyer field

Highest Paid Lawyers and Legal Jobs

1. Intellectual Property Lawyers. Average: $170,000; depending on your expertise and clients, compensation can reach the millions. ...
2. Trial Lawyers. Average: $160,000; the nation’s top private trial lawyers can earn millions. ...
3. Chief Legal Officers. ...
4. Tax Law Attorneys. ...
5. Employment and Labor Attorneys. ...
6. Judges. ...
7. Real Estate Attorneys. ...
8. Law School Professors. ...

More items...

Full Answer

What type of lawyers make the most money?

Mar 16, 2021 · What are the highest paying lawyers' jobs? 1. Civil litigation paralegal. National average salary: $54,819 per year. Primary duties: Civil litigation paralegals are responsible for assisting ... 2. Personal injury paralegal. 3. Bankruptcy paralegal. 4. Family law paralegal. 5. Employment law ...

Which lawyer gets paid the most?

Jan 20, 2022 · Here’s a handy chart that shows you what lawyers make in different states . One key takeaway from the chart is that there’s a tremendous variation in pay based simply upon the state where the job’s located. Here are the states with the highest salaries for attorneys: 1. District of Columbia — $192,530 2. California — $171,550 3. New York — $167,110

Who are the 10 highest paid lawyers in the USA?

Feb 22, 2021 · Here are some of the highest paying legal jobs, their national average salaries and their primary duties: 1. Lawyer. National average salary: $52,775 per year. Primary duties: Lawyers represent their clients in a courtroom, before government agencies and in a variety of legal matters. They communicate with their clients and other parties involved in a case including …

Which type of lawyer is highest paid?

2. Intellectual property law: Intellectual property laws are laws that relate to copy rights, patents, trademarks and the protection of other intellectual ideas. This area of law is beautifully developing because of the improvement in technology. Lawyers in this field receive high pay cheques, their median pay is nearly 139,000 dollars per annum. 3.

Intellectual Property Lawyers

Average: $170,000; depending on your expertise and clients, compensation can reach the millions.Description: Intellectual property law focuses on t...

Employment and Labor Attorneys

Average: $155,000Description: Employment and labor attorneys help workers and/or employers with issues regarding wages, pension and benefits, unlaw...

Immigration and Civil Rights Lawyers

Average: $125,000Description: Immigration lawyers focus on government policies relating to foreign nationals immigrating temporarily or permanently...

Best Paying States For Lawyers

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...

How much do corporate lawyers make?

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.

How much does a lawyer make in 2021?

According to the Bureau of Labor Statistics (BLS), the average lawyer’s salary is $144,230.

What is the median score?

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.

What are the three properties of IP?

These types of lawyers need to keep on top of three distinct properties of intellectual property law: patents, trademarks, and copyrights.

How much do tax attorneys make?

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.

Do trial lawyers make a living?

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.

What does an IP lawyer do?

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.

What is real estate lawyer?

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.

What is tax attorney?

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.

What is intellectual property law?

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.

What do environmental lawyers do?

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.

What does a law professor do?

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.

What is a law firm administrator?

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.

What is a trial lawyer?

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).

How much do civil rights lawyers make?

The average starting salary for a civil rights lawyer is approximately $45,000 a year, but very capable and experienced attorneys in this field can make as much as $200,000.

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.

What are the responsibilities of a criminal lawyer?

Some of the main responsibilities of a criminal lawyer are to investigate the case at hand, interview witnesses, study case law and procedural law, construct a defense, and plan a strategy for the case. Negotiating plea deals in less serious cases is also within a criminal lawyer’s field of expertise.

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 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 intellectual property law?

Intellectual property law is a complex field that requires a deep understanding of relevant laws in addition to a creative and analytical way of thinking. Intellectual property lawyers, or copyright lawyers, make sure that new intellectual inventions and innovations created by individuals gain the protection of the law, and are not infringed upon by competitors.

Why is it important to have a criminal lawyer?

It is important for a criminal lawyer to have superior written and oral advocacy skills in order to successfully argue a case in front of a judge and a jury. Creative thinking and analytical skills also play a significant role in the process of developing a strategy and doing the research for complex court cases.

What are the benefits of being a lawyer?

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.

What is the primary job of a corporate lawyer?

Primary duties: Corporate lawyers ensure the legality of commercial transactions. They represent corporations and counsel a corporation's employees regarding their legal duties and their responsibilities. Corporate lawyers often specialize in a specific area of corporate law such as mergers and acquisitions.

What are the benefits of pursuing a legal career?

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.

What are the duties of managing partners?

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.

What are the duties of a judge?

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.

What do intellectual property paralegals do?

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.

What is the primary job of a patent attorney?

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.

What is intellectual property law?

Intellectual property law. Intellectual property laws are laws that relate to copy rights, patents, trademarks and the protection of other intellectual ideas. This area of law is beautifully developing because of the improvement in technology. Lawyers in this field receive high pay cheques, their median pay is nearly 139,000 dollars per annum.

Is law a respected profession?

Law as a respected profession has over the years garnered a lot of aspirants; that is people who want to become barristers or lawyers. Because of this high inflow of interest, law all over the world has become so competitive that only the best thrive in it.

What is the highest paid legal profession?

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.

How much do tax attorneys make?

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.

What is intellectual property law?

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.

What is a CLO?

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.

What is the job of a law firm administrator?

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.

What is labor attorney?

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.

How much do judges make?

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.

What are the benefits of being a judge?

Judges enjoy other special privileges along with their salary. Most judges are provided health benefits, expense accounts, and contributions to retirement plans, made on their behalf.

What is a judicial clerk?

Also known as a law clerk, judicial clerks are lawyers or attorneys who provide research and clerical assistance to a judge. Such employment of clerkship is offered on a contractual basis. It would require one to have good legal research skills and should be able to assist a judge in making legal decisions.

What is a trial advocate?

A trial advocate provides litigation services to a client starting from the district level. Litigation could go all the way to even the Supreme Court. These advocates, licensed by the bar, represent their clients in courts of law.

Is law a profession?

Law is a profession that would have an entire scale regarding salary levels. It offers a plethora of different specializations and jobs in the profession. India, as a country itself, has a fluctuating market with respect to jobs. Certain jobs are prone to saturation, such as certain departments in the Information Technology industry.

Why do lawyers practice law?

Many lawyers get into the practice because they have a passion to help others, which is probably even more rewarding in the long run. However, having the title of attorney, especially when it comes to some of the most difficult areas of law, also can mean enduring long hours and many nights burning the midnight oil.

Is it easy to practice law?

When it comes to the easiest fields of law to practice or the easiest type of law to practice, there really aren’t any. Obviously, some areas are less stressful and time-consuming than others, but none of it is “easy.”.