What is the highest paying lawyer in the US?
Asked by: Seth Ullrich | Last update: November 28, 2025Score: 4.3/5 (17 votes)
- Patent attorney: $180,000.
- Intellectual property (IP) attorney: $162,000.
- Trial lawyer: $134,000.
- Tax attorney: $122,000.
- Corporate lawyer: $115,000.
- Medical lawyer: $113,000.
- Real estate lawyer: $98,000.
- Family lawyer: $93,000.
Who is the highest-paid lawyer in the USA?
Peter Angelos | $2 Billion
The wealthiest lawyer in North America, Peter Angelos earned his J.D. from the University of Baltimore and gained prominence in asbestos litigation, securing over $100 million from a single case. His 1993 purchase of the Baltimore Orioles for $173 million further added to his fortune.
Which type of lawyer gets paid the most?
The highest-paid lawyers typically specialize in fields such as corporate law, intellectual property, tax law, medical malpractice, and entertainment law. These areas command higher salaries due to the complexity, demand, and financial stakes involved.
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.
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.
Big Law's Big Paychecks: Partner Compensation, Explained
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.
Is 700k a good salary?
Earning $700,000 a year would put your household in the top 1% nationwide — and well above the middle class — and in any state in the South or Midwest. But that still won't cut it in seven states. The Northeast dominates the rankings, with five of the 10 states with the highest 1% thresholds lying in this region.
Can lawyers make 7 figures?
Corporate Lawyer (Partner)
Though that's far from pocket change, it's certainly not landing you in the earnings tier of a millionaire. That said, corporate lawyers generally stand to make the most and can pull in seven figures a year — if they make partner.
Can I become a millionaire as a lawyer?
With the right combination of determination, strategic planning, and resilience, becoming a millionaire lawyer is an attainable goal. Pursue your career with ambition and the understanding that your financial success is deeply intertwined with your professional development and dedication to your specialty.
What is the richest part of law?
- Patent Attorneys. ...
- Intellectual Property (IP) Attorneys. ...
- Trial Lawyers. ...
- Tax Attorneys. ...
- Corporate Lawyers.
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.
What is the lowest paid lawyer?
We find that within the legal industry, certain segments are known to offer lower compensation. Typically, public defenders, legal aid attorneys, and lawyers working for nonprofit organizations are among the lowest paid.
Which lawyer is the highest paid?
- Fali S. Nariman. ...
- Harish Salve. Fee per appearance: ₹12-15 lakh. ...
- Mukul Rohatgi. Fee per appearance: ₹10-12 lakh. ...
- Abhishek Manu Singhvi. Fee per appearance: ₹8-10 lakh. ...
- Kapil Sibal. Fee per appearance: ₹8-10 lakh. ...
- Arvind Datar. ...
- P. ...
- Gopal Subramanium.
How many millionaires are lawyers?
My math says 0.3%-0.35%. There are 4100 biglaw attorneys who rake in a million a year or more, which is 0.31% of all attorneys; the 100 highest paid GCs average $2.7 million per year, and there are easily just as many solo or small-firm attorneys who also make that much.
Who is the most famous lawyer in us?
#1 Abraham Lincoln
He passed the bar in 1836 in Springfield, Illinois, and began working under his wife's cousin, John T. Stuart. Lincoln represented clients in both civil and criminal matters. In all, Lincoln and his partners handled over 5,000 cases.
How rich is the average lawyer?
In general, the five highest-paying states for lawyers are as follows: California ($201,530) Massachusetts ($196,230) New York ($188,900)
What jobs pay 7 figures?
- Cranberry Farm Manager. New. ...
- Financial Professional. New. ...
- Financial Advisor - Training & Licensing Provided. Northwestern Mutual3.7. ...
- Entry Level Sales Representative | Become a Sales Rockstar! New. ...
- Agent. New York Life3.6. ...
- Strengthen your profile. ...
- Night Auditor. ...
- Automotive Sales Professional.
What is the 1% salary?
How Much Does the Top 1% Make? According to data from the Social Security Administration, you need to make $794,129 annually to be in the top 1% of wage earners in the United States. This is based on an analysis of 2023 wage data, the most recent available.
Can I afford a 700k house with 100k salary?
To afford a $700,000 house, you typically need an annual income between $175,000 to $235,000, depending on your financial situation, down payment, credit score, and current market conditions. However, this is a general range, and your specific circumstances will determine the exact income required.
Is 200k a year considered rich?
Is $200,000 a Year Considered Rich? There's no standard definition of “rich,” though most people would certainly consider a single person making $200,000 to be well-off. But again, where you live — and the cost of living there — play a role. Another way to think about what “rich” means is to calculate your net worth.
What is Mike salary in Suits?
Financial Evaluation: Mike Ross starts with an estimated salary range of $100,000 - $150,000 as an associate. His jump to a junior partner almost doubles his earnings, and by the time he's a senior partner, he's potentially making up to $500,000.
What is Harvey Specter's IQ?
Harvey Specter is a highly intelligent lawyer with an IQ of 190. A master strategist, he consistently stays several steps ahead of his opponents.
How much did Meghan Markle make on Suits?
Markle reportedly made about $50,000 per episode of Suits toward the end of her tenure on the USA Network series. Combined with her bit parts and walk-on roles in other TV shows and movies, her total net worth from acting is estimated to be around $2 million, according to Forbes.