What are the highest-paid lawyers UK?
Asked by: Ciara Mayer | Last update: December 21, 2025Score: 4.5/5 (28 votes)
The area of law you work in The most profitable legal area is commercial and corporate law, where solicitors can easily earn over £100,000 a year. Commercial lawyers provide business-related advice to companies, making sure that they comply with regulation and a particular country's legal system.
What is the highest-paid type of lawyer in the UK?
Newly-qualified salaries rise year-on-year as you gain experience. You'll find the highest salaries in areas such as commercial and corporate law, while family and personal injury law are less likely to draw big-figure salaries.
Can lawyers make 300k a year?
Well, according to the Bureau of Labor Statistics, the median salary for attorneys in the US is just over $125,000. The highest-paid lawyers (10% of the legal workforce) make over $208,000 However, the top 1% of attorneys make $500,000 or more per year.
Which type of lawyer gets paid the most?
- Intellectual Property (IP) Lawyer. One reason IP lawyers are some of the highest-paid types of lawyers is that they require very specialized knowledge in distinct fields. ...
- Tax Attorneys. Tax codes are complex. ...
- Trial Attorney. ...
- Medical Lawyer. ...
- Patent Attorney. ...
- Corporate Lawyer. ...
- Real Estate Lawyer. ...
- Family Lawyer.
Who are the Magic 5 law firms?
The Magic Circle refers to five prestigious and multinational London-headquartered law firms. They are Allen & Overy; Clifford Chance; Freshfields Bruckhaus Deringer; Linklaters; and Slaughter and May.
Big Law's Big Paychecks: Partner Compensation, Explained
What is a Tier 1 law firm?
Tier 1 firms tend to be the most powerful and well-known firms nationally and in a given market. A Tier 1 firm will be regularly called upon to represent the largest companies, government entities, and others in the most important and high-profile legal matters in that market.
How much do lawyers make in the UK?
The estimated total pay for a Lawyer is £69,439 per year, with an average salary of £60,970 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.
What type of lawyer is the richest?
Corporate and tax lawyers tend to be the highest earners, with patent and IP lawyers not far behind. Trial lawyers also pull down a lot of money, particularly in the civil litigation field. Other lawyers are more motivated by getting justice for their clients than by collecting the largest possible paycheck.
What is the highest paying job in the world?
Topping the list, being a CEO gets you the highest paying job in the world, no matter where you work. A CEO is the highest-ranked position in any organisation's structure. Irrespective of the company's size, a CEO handles all its day-to-day corporate affairs, manages resources and handles all managerial processes.
Do top lawyers make millions?
How Much Do Top Lawyers Make? According to ALM Global's 2023 Global 100 Ranked by Profits Per Equity Partner, Kirkland & Ellis LLP (the highest-paid lawyers in the United States) pays their equity partners a whopping $7.52 million per year.
Can a lawyer make $500,000 a year?
The reality is that most lawyers earn significantly less than half a million dollars each year. According to the United States Bureau of Labor Statistics, the median annual pay for lawyers in 2022 was $135,740, with only the top 1% surpassing the $500,000 mark.
What country pays lawyers the most?
The top countries which offer the highest average Lawyer's salary are the USA, Germany, Canada, the UK, France, Australia, New Zealand, the Netherlands, Ireland, and Switzerland. The legal field presents numerous opportunities for skilled professionals to create significant impacts locally and globally.
What field of law makes the most money?
- Patent Attorneys.
- Intellectual property (IP) Attorneys.
- Trial Lawyers.
- Tax Attorneys.
- Corporate Lawyers.
Do lawyers earn more in the UK or US?
Remuneration. It is no secret that US firms pay more than UK firms, both in terms of annual salary and in bonuses. This is because legal professionals working in US firms are considerably more accountable than their peers in UK firms.
How much do JP Morgan lawyers make?
JPMorgan Chase Legal Salary | $142K-$155K+ | Levels.
What is the lowest paid profession?
- Care worker.
- Shelf packer.
- Play worker.
- Nursery nurse.
- Teaching assistant.
- Cashier.
- Dental nurse.
- Cook.
What is the most prestigious profession in the world?
Best & most respected professions in the world
Doctors topped the global list of most respected professions, followed by lawyers and then engineers.
What is the #1 best-paying job?
- Obstetrician and Gynecologist. #1 in Best-Paying Jobs. ...
- Psychiatrist. #2 in Best-Paying Jobs. ...
- Emergency Medicine Physician. #3 in Best-Paying Jobs. ...
- Orthodontist. #4 in Best-Paying Jobs. ...
- Anesthesiologist. #5 in Best-Paying Jobs. ...
- Oral and Maxillofacial Surgeon. #6 in Best-Paying Jobs. ...
- Radiologist. ...
- Pilot.
What field of law is most in demand?
- Intellectual property law. ...
- Family law. ...
- Immigration & naturalization law. ...
- Real estate law. ...
- Contract management. ...
- Compliance. ...
- Labor and employment. ...
- Corporate transactions. Also known as mergers and acquisitions, or M&A, this work navigates the buying and selling of companies and their assets.
Do lawyers make 200k a year?
The median starting salary is $215,000 in 11 cities and geographic areas. They are Austin, Texas; Boston; Chicago; Dallas; Houston; Los Angeles/Orange County, California; New York City; San Diego; San Francisco; Silicon Valley in California; and the Washington, D.C., area.
Are lawyers or bankers richer?
On Wall Street, Lawyers Make More Than Bankers Now - WSJ.
What type of law earns the most money?
Commercial and corporate lawyers earn the most out of all the different types of solicitors as they work closely with banks and other financial institutions and are involved in high-value transactions.
What is the highest paid job in the UK?
1. Chief Executives and Senior Officials. Unsurprisingly, chief executives like CEOs and Managing Directors have the best-paying jobs. After all, they're the highest-ranking individuals in an organisation.
Are lawyers underpaid in UK?
Job site Indeed reports the average salary for a solicitor is just under £50,000 a year, based on almost 11,000 reported salaries. Of course, this figure can vary significantly based on the factors mentioned earlier, with some London based, Magic Circle firms paying experienced professionals well over £100,000 a year.