Which type of lawyers make the most money?

This is a discussion on Which type of lawyers make the most money? within the Attorneys & Legal Ethics forum, part of the ATTORNEYS, COURTS, LITIGATION category; I'm just curious what area of expertise will a lawyer make the most money? Is the answer quoted below true? ...

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Old Dec 29th, 2008, 08:14 AM   #1
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Default Which type of lawyers make the most money?

I'm just curious what area of expertise will a lawyer make the most money?

Is the answer quoted below true? Thank you

Quote:
Entertainment attorneys probably make the most money, their field of practice is usually Intellectual Property.

An exception might be defense attorneys who represent wealth individuals.

The vast majority of defense attorneys do not earn enormous sums of money.
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Old Jan 30th, 2009, 04:37 AM   #2
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Default Re: Which type of lawyers make the most money?

Quote:
Originally Posted by Unregistered View Post
I'm just curious what area of expertise will a lawyer make the most money?

Is the answer quoted below true? Thank you
This year I will net roughly 800,000USD as a corporate settlement attorney (at 29 years old).

Does that answer your question?

My starting pay at 25 was $210k in this firm. I will be leaving the country permanently after this year.
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Old May 25th, 2009, 01:52 PM   #3
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Default Re: Which type of lawyers make the most money?

What type of corporate work do you do? $800,000 a year seems extremely high.
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Old Jan 27th, 2010, 09:38 PM   #4
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Default Re: Which type of lawyers make the most money?

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Originally Posted by Unregistered View Post
This year I will net roughly 800,000USD as a corporate settlement attorney (at 29 years old).

Does that answer your question?

My starting pay at 25 was $210k in this firm. I will be leaving the country permanently after this year.
No offense, but thats definitely bs. I work in a law firm, but I don't do actual court dealings. I have friends who do that, their starting pay was maybe 150,000. A good friend of mine whose worked at this law firm for 20 years still only makes a bit more than half of what you claim. And its one of the biggest law firms in the NY area
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Old Jan 28th, 2010, 02:08 AM   #5
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Default Re: Which type of lawyers make the most money?

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Originally Posted by Unregistered View Post
This year I will net roughly 800,000USD as a corporate settlement attorney (at 29 years old).

Does that answer your question?

My starting pay at 25 was $210k in this firm. I will be leaving the country permanently after this year.
S. Africa maybe?
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Old Feb 9th, 2010, 06:07 AM   #6
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Default Re: Which type of lawyers make the most money?

Corporate liars err lawyers generally are paid more than others!
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Old Oct 12th, 2010, 09:46 AM   #7
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Default Re: Which type of lawyers make the most money?

800,000 USD is not unusual at the senior income partner or junior equity partner level, which would take a minimum of 6 years of practice. The most lucrative careers for a lawyer are at top tier private law firms (Ropes and Gray, Wilmer Hale, Goodwin Procter, Bingham, etc). In Boston, 1st year associates start at around $125k, and 4th year make $230k. From there you can become senior council, which usually caps around $250k or so, or you can make income partner, which starts around $350k and after a few years can be as high as $800k. Annual bonuses at this level can range from a few thousand dollars to $100k. The next step up is to equity partner. Equity partners can earn between $1-2 million per year, but it takes at least ten years to get to this level.
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Old Oct 12th, 2010, 09:59 AM   #8
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Default Re: Which type of lawyers make the most money?

...but don't forget you work ALL the time so you better love working, reading, writing etc. under pressure.
It isn't all easy money.
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Old Mar 2nd, 2011, 01:03 AM   #9
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Default Re: Which type of lawyers make the most money?

It is a "slave to work" existence,

I know--I am there.
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Old Mar 11th, 2011, 04:45 AM   #10
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Default Re: Which type of lawyers make the most money?

In General, if you get into a big law firm then you can make a lot of money. Now a Days, Patent Attorneys and Corporate Law Attorneys are paid much better than the others.
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