Lawyer pay is all over the map. Right out of law school some graduates make six figures at their very first jobs. Those people graduate from top tier law schools and they ranked at the top of their class. They also had good clerkships with big firms during law school. $100,000 is the benchmark starting salary in the large firms under those conditions. That s really only a small percentage of attorneys - for everyone else the ranges are much lower. Many attorneys start by working as a governmental attorney (for a municipality, a state or federal agency, etc.) Those folks might start in the low 40s. Of course you have to start somewhere. This is question that is frequently asked. A lot of people assume that what a lawyer charges is what he makes. Wrong! Revenue is not income, in any business. An attorney s hourly rates certainly drive his / her income - but you have to consider that lawyers have business overhead as well - rents, computers, staff, etc. Most law firms are happy with a profit margin of 50%. Super litigation firms with big contingency matters do much better when they win big. Now, as time goes on attorneys make more money, and possibly a lot more money. The goal of private practice attorneys is to become am equity partner, which means they share a piece of the firm’s total income. The bigger the firm, the bigger the slice of pie, the bigger the income possibilities. It’s not uncommon from a partner in a good law firm to make $250,000 or more. Every firm has a different compensation system that generally tries to pay people while promoting certain aspects (client development, professional development, etc.) Compensation is one of the biggest gripes in any law partnership. There is no perfect system and everyone does it a little different. In law the heavy hitters make much more, some hit a million a year. Litigation is an area with a lot of upside, so partners in litigation firms can make more than partners who practice in a less profitable practice, like family law or traffic tickets. There is also a big downside. If you work on contingency and you lose, you make nothing! That s why being part of firm is good, you get more protection than if you are a solo. Bottom line - the legal industry is huge and so is the variance in pay from attorney to attorney. Some make a mint, others make pennies. Don t buy the television view of lawyers. Many lawyers spend all day pouring over contracts or leases. Not too exciting, and not a million bucks a year. There are a lot of legal publications and legal consultants who do annual surveys. Check out Altman Weil - I run a large firm and I buy their reports every year.
In good ole Louisiana, most lawyers charge 150-175 per hour. I d say that s a very good amount of money.
It all depends on the quality of the lawyer and his cases. A good lawyer with good cases could be a millionare.
depends on what kind of lawyer there are a ton of different lawyers--they make a decent amount
http://yahoohotjobs.com go to the salary caculator
depends on how good u are...but whatever it is...lawyer does make good money
Depends on the state, type, and quality. But check the sources.
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