Wednesday, June 25, 2008

What kind of lawyer makes the most money? -

The question speaks for itself. I d like to hear fields. Ex: Criminal, Corporate, Immigration, Etc..

Ekamai is sort of right but not completely. My sister is a corporate lawyer and yes she does make a lot of money, but she specializes in international law. However the real money is in mergers amp; aquisitions which is another specialized area of corporate law. Look at Jonathan Nelson who just put together a $51 billion dollar telcom buy-out (see Fortune Magazine) . You can bet that the lawyers on that deal are making tens if not hundreds of millions of dollars. The Forbes billionaire list has two who are M amp; A lawyers.

Generally I see people in high profile transactional law (corporate) and patent law making the most money. By corporate I do not mean corporate in-house counsel though. That is usually a salary position. Yet there is no sure thing for making a lot in law. A criminal lawyer can make quite a lot, as can a tort lawyer - depending on their abilities and the time they put into it.

Definately Corporate. Whos the richest guy on earth? Bill Gates. Now imagine how much money Microsoft s lawyers make. Think about Google. Think about Cisco, or the lawyers that represent the Oil companies. This is a whole different level than Celebrities.

Entertainment Lawyers (agents), because they get a percentage of every contract they negotiate. Think Ari Gold from Entourage and you get the picture.

Jobs in the field of law are SERIOUSLY drying up. Go into healthcare lt;LOTS of jobs there.

Usually the one who can lie the best!

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