Kenny Habetz Injury Law | February 13, 2023 | Personal Injury
According to the U.S. Bureau of Labor Statistics, the 2021 median income for lawyers in the United States in 2021 was $127,990. However, some lawyers make much less than this amount, while others make much more.
Many factors can affect the potential salary a lawyer makes, including the geographic region where they work, where they attended law school, and the type of law they practice.
According to Indeed, some of the highest paid types of lawyers and their respective salaries include:
Patents are a powerful form of intellectual property that protects inventions. Patent attorneys help inventors apply for patents and defend their intellectual property rights by making claims against infringers. This is a highly complex area of the law, so these attorneys are well compensated. The national average salary for patent attorneys is $143,492.
A corporate attorney represents corporations and large companies. A corporate attorney may have many duties, including:
- Structuring deals
- Preparing legal documents
- Negotiating contract provisions
- Ensuring compliance with local, state, and federal regulations
The national average salary for corporate attorneys is $137,364.
Tax attorneys help their clients navigate tax situations, resolve unpaid tax debt, and remain in compliance with tax laws. They may work on cases involving the Internal Revenue Service and other tax tribunals. They may represent clients in tax court and on appeals. The average national salary for tax attorneys is $134,322.
Bankruptcy is another complex area of the law. Bankruptcy lawyers consult consumers about their debt situation and recommend various forms of debt relief. They file petitions, schedules, and other documents with bankruptcy courts, attend creditor meetings, and represent clients in court. Some bankruptcy lawyers work with businesses, make financial projections, and assess current financial situations. The average national salary for bankruptcy lawyers is $125,048.
Real Estate Attorney
Real estate attorneys help clients buy, sell, lease, and rent real property, including residential and commercial properties. Real estate attorneys may complete a variety of tasks, such as:
- Preparing and reviewing contracts
- Reviewing land deeds and ownership records
- Researching case law
- Advising clients of their rights and options
Some real estate attorneys may also engage in litigation concerning real property.
The national average salary for real estate attorneys is $105,938.
Civil Litigation Attorney
Civil litigation attorneys work on pursuing and/or defending lawsuits against people or companies. They may prepare complaints, petitions, pleadings, discovery requests, discovery responses, and motions.
The average national salary for civil litigation attorneys is $101,177.
When Compassion Matters More Than Salary
While it is true that some lawyers enter certain fields to garner a higher salary, some attorneys choose this line of work to help people. Personal injury lawyers work on a contingency fee basis, meaning that we do not receive payment for our services upfront.
We know that our clients were not expecting to be injured in a car accident, truck accident, or any other personal injury incident. This is why we provide our services at no upfront cost to you. We get paid a percentage of the compensation we recover on your behalf. If we do not recover compensation for you, you owe us nothing for our services.
If you were hurt in a personal injury accident, contact a compassionate personal injury lawyer for help.