which kind of lawyer makes the most

by Lucinda Ward 3 min read

  1. Intellectual Property Lawyers. Topping the list of lawyers who earn the most are the Intellectual Property (IP) lawyers. ...
  2. Trial Lawyers. One of the highest paid lawyers in the law field, trial lawyers handle several functions as an attorney.
  3. Corporate Lawyers. Corporate lawyers work in private practices, law firms that provide services to corporations, or in-house legal departments or corporations, to ensure that the business is complying with ...
  4. Tax Lawyers. Tax lawyers work with private individuals and businesses to ensure their taxes are properly filed and any tax-related case they have is handled.
  5. Civil Rights Lawyers. A civil rights lawyer deals in cases that involve discrimination based on things people cannot control (race, age, disabilities, sexual orientation, gender), human rights, and equality.
  6. Criminal Defense Lawyers. Criminal defense lawyers get a bad rap because, as their job title goes, they defend the person charged with a crime in any crime-related case.
  7. Real Estate Lawyers. Real estate lawyers handle anything related to businesses dealing in residential, commercial, and office real estate.
  8. Family Lawyers. Contrary to what you might have seen in Marriage Story, family lawyers handle more than just divorce cases.

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

What type of lawyers make the least money?

Some recent attorney annual salary medians and averages:

  • Bankruptcy lawyer - $113k
  • Civil Rights lawyer - $69k - $145k
  • Corporate lawyer - $66k - $170k
  • Criminal lawyer - $78k
  • Divorce attorney - $48k - $80k
  • Divorce lawyer - $48k - $80k
  • DUI/DWI attorney - $56k
  • Employment law lawyer - $65k - $175k
  • Estate law attorneys - $64k

Which types of lawyers earn the most?

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Who are the 10 highest paid lawyers in the USA?

Who Are The 10 Highest Paid Lawyers In The USA?

  1. Ana Quincoces - Net Worth: $8 Million. If you combine beauty with brains, the end result is Ana Quincoces. ...
  2. Vernon Jordan - Net Worth: $12 Million. Vernon Jordan kick started his career as a civil rights activist and he has devoted his life and career to bringing about ...
  3. Thomas Mesereau - Net Worth: $ 25 Million. ...

More items...

What is the highest paid type of lawyer?

Types Of Lawyers That Make The Most Money

  • Medical Lawyers. Medical lawyers make one of the highest median wages in the legal field. ...
  • Intellectual Property Attorneys. IP attorneys specialize in patents, trademarks, and copyrights. ...
  • Trial Attorneys. ...
  • Tax Attorneys. ...
  • Corporate Lawyers. ...

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What Kind of Lawyer Makes the Most Money?

What type of lawyer makes the most money? The median salary for different specialties differs. Some of the highest-paid types of lawyers and most lucrative specialties include the following.

What Factors Influence the Salaries of Attorneys?

Many factors affect how much lawyers earn; however, the salary range for lawyers varies widely. As of 2019, the average lawyer earned $126,930 annually, according to the U.S. Bureau of Labor Statistics.

Conclusions

There’s a large difference in average salaries between different practice areas, especially about halfway down the list. The highest-paid lawyers make considerably more on average than the lowest-paid ones. As an example, medical lawyers earn more than average salaries, while family-law attorneys earn a salary that falls below the average.

Why do people want to become a lawyer?

Many people enter a law career for many reasons. Some do it because they’ve fallen in love with shows like Suits and How to Get Away with Murder. Others do it because they want that high-pressured career, while others do it because they genuinely want to see justice done.

How much does a criminal defense lawyer make?

On average, a criminal defense lawyer will earn $80,000 a year, but can go as much as $174,000. 5. Civil Rights Lawyers. A civil rights lawyer deals in cases that involve discrimination based on things people cannot control (race, age, disabilities, sexual orientation, gender), human rights, and equality.

How do personal injury lawyers get paid?

This means that they can only get paid if their client wins the case and receives a settlement. The lawyer takes a percentage of this settlement (usually 1/3 of the total settlement).

What is corporate law?

Corporate lawyers work in private practices, law firms that provide services to corporations, or in-house legal departments or corporations, to ensure that the business is complying with laws and regulations. Every legal aspect a corporation needs (copyright, patenting an employee’s work, libel cases against the corporation, down to making sure advertising and marketing aren’t committing copyright infringement) lies in the hands of their corporate lawyers.

Why do tax lawyers work?

Tax lawyers work with private individuals and businesses to ensure their taxes are properly filed and any tax-related case they have is handled. Because taxes affect nearly everyone, tax lawyers have the option of working for a corporation or to have their own private practice to help multiple clients with their tax cases. Tax lawyers have a comprehensive and up-to-date knowledge on tax laws, so it’s no surprise that many tax lawyers also have accounting licenses. Their knowledge in tax law allows clients to know all their options when making financial and legal decisions.

What do real estate lawyers do?

Real estate lawyers handle anything related to businesses dealing in residential, commercial, and office real estate. They look at the contracts and make sure their client is getting a fair deal with no loopholes that can be exploited. They make sure the rental agreements are fair. They make sure the deeds are in place and that those planning to buy, rent, or sell property are getting whatever is entitled to them. And given that the median home price in the United States is $200,000, it means real estate lawyers handle large assets in terms of property.

What does it mean when a real estate lawyer handles large assets?

They make sure the deeds are in place and that those planning to buy, rent, or sell property are getting whatever is entitled to them. And given that the median home price in the United States is $200,000, it means real estate lawyers handle large assets in terms of property.

When do you need a corporate lawyer?

There is always a need for a corporate lawyer when a firm or a company must be handled with full regulation. Generally, a corporate lawyer acts to manage all projects, contracts, goods delivery & so on. In short, the whole nine yards of an industry.

How does a tax attorney help?

A tax attorney helps his client by taking over all tax-related tasks. He can also suggest his client make his taxes paid smoothly. It’s a very tough-rough job to earn the most money from law-field, of course, one’s capability can bring him with such the highest amount such as $100,000 in a year.

What is personal injury lawyer?

People are supposed to be injured physically, which leads to an incurred loss to their health issues. Personal injury lawyers handle this kind of case. They cover up the reasons for the failures of their client’s perceptible object and how to recover the client’s properties so that the client gets his proper rights.

What is intellectual property lawyer?

Genuinely, an intellectual property lawyer handles, take-over the copyright, patent & trademark of companies or brands. They are supposed to help their client make the best goods that are different from others and what others can do & can’t do with their interests, which the company has been completed.

How much does a corporate lawyer make?

5. Corporate Lawyer – $98,822 annually. Corporate Layers make an average of $98,000 annually, but some of the more successful ones can make well into the triple digits in their salaries, while some make as low as $66,000. The average is $98,000 per year.

Why is there a high earning potential for intellectual property lawyers?

There is a high earning potential for intellectual property lawyers because there are times when the facts regarding intellectual property are hard to dissect and prove evidentially.

What is IP law?

IP is short for Intellectual Property. These are the second highest paid attorneys in most cases. There are three separate categories within intellectual property law that they must be well-versed in and aware of. These are patents, trademarks, and copyrights. There is a high earning potential for intellectual property lawyers because there are times when the facts regarding intellectual property are hard to dissect and prove evidentially. This type of layer typically deals with patents that protect inventors rights and prevent others from infringing on these rights by making similar products or inventions for the period of time that the patent is in force. The application process for a patent can be quite challenging, even for IP attorneys and their expertise on the matter is in high demand.

What is tax attorney?

This type of attorney represents an organization when they are dealing with government taxing agencies which include federal, state and local entities. Tax attorneys are responsible to their clients for the preparation of legal documents that involve liabilities and for developing plans that help in saving taxes.

What skills do you need to be a trial judge?

They must also possess impeccable verbal and writing skills as they spend a great deal of time divided among speaking and writing to others in matters that pertain to the trial. They must also maintain a sharp memory for remembering significant facts that may come in handy during a trial.

What is corporate lawyer?

A corporate lawyer provides clients with counsel on legal matters pertaining to a variety of different business transactions including the sale of businesses, acquisitions, and mergers.

What is the role of a trial attorney?

The trial attorney must have a strong and comprehensive knowledge of the law. They are also charged with the responsibility of staying abreast of current trends and changes to the law as they occur throughout the length of their careers.

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.

Why do IP lawyers make so much money?

One of the reasons IP lawyers make so much is due to the fact that it can be difficult to sort out IP facts and prove the case evidentially.

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.

What are the skills needed to be a successful trial attorney?

They need to stay current with new, potentially precedent-setting cases. Their verbal, writing, and memory skills should also be top-notch. Personality also plays a huge role in trial attorneys’ compensation. The best trial attorneys are confident, persuasive courtroom performers who are nimble on their feet.

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.

How much does a lawyer make in 2021?

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

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 a Patent Attorney Do?

The job of a patent attorney is an interesting one. Patent attorneys have to understand the science behind new or improved technologies so they can explain it to a jury in a simplified yet convincing manner.

Does Where You Go to Law School Matter?

The answer to this question might make you consider law schools that were previously not on your radar. There is a common stigma around the idea of graduating from a lower-ranked law school. This stigma leaves many students overly fixated on insignificant differences within the programs.

What Are Other Law Specialties? How Much Do They Make?

Salaries within the law industry vary widely depending on the geographic region of where an individual chooses to practice. The salaries are usually dependent on the cost of living or the labor cost of the given region. For instance, being a lawyer in New York City is probably more extravagant when compared to being a lawyer in Wyoming or Kansas.

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Criminal Law

Bankruptcy Law

Family Law

Immigration Law

Civil Rights Lawyer

Personal Injury Lawyer

Salaries For Other Types of Lawyers

  1. Tax Attorneys / Tax Lawyers– The average salary for Tax Lawyers with extensive tax laws knowledge is $88,863 an year.
  2. IP Lawyers, IP Attorneys– The average Intellectual Property Attorney salary is $174,562 as of August 27, 2022, but the range for intellectual property lawyers typically falls between $158,3…
  1. Tax Attorneys / Tax Lawyers– The average salary for Tax Lawyers with extensive tax laws knowledge is $88,863 an year.
  2. IP Lawyers, IP Attorneys– The average Intellectual Property Attorney salary is $174,562 as of August 27, 2022, but the range for intellectual property lawyers typically falls between $158,390 and $...
  3. Medical Lawyers – Salaries as high as $155,331 and as low as $20,154, the majority of Medical Lawyersalaries currently range between $31,950 (25th percentile) to $83,563 (75th percentile) with top...
  4. Real Estate Lawyers– The average Real Estate Attorney salary in the United States is $152,863 as of August 27, 2022, but the range typically falls between $133,300 and $169,371, including insurance...