What type of lawyer earns the most money in South Africa?

Asked by: Sallie Lockman  |  Last update: November 18, 2023
Score: 4.1/5 (70 votes)

The highest-paid lawyers in South Africa, according to the Robert Walters salary benchmark, are general counsels in the financial services, commercial, and industrial sectors. A general counsel in the finance industry earns a minimum salary of R2. 3 million per year.

Which field of law pays the most in South Africa?

What type of lawyers get paid the most in South Africa? Personal injury attorneys are arguably the most-paid advocates in South Africa in 2023. They earn about R645,807 annually.

Do lawyers get paid well in South Africa?

The legal profession in South Africa offers one of the highest-paying and most lucrative careers in the country, with many legacy and emerging fields requiring highly skilled individuals to make sure affairs are in order.

What is highest-paying job in South Africa?

The highest-paying jobs in SA in 2023
  1. Chief executive officer - R1,189,902 pa.
  2. Petroleum engineer - R1,129,021 pa. ...
  3. Medical doctor - R720,003 pa. ...
  4. Actuarial scientist - R706,602 pa. ...
  5. Judge - R622,474 pa. ...
  6. Plant manager - R563,488 pa. ...
  7. Investment banker - R562,501 pa. ...
  8. Financial manager - R543,927 pa. ...

Do lawyers earn more than doctors in South Africa?

The average salary of a qualified lawyer in South Africa is R 45,000 per month while that of doctors is R 50,000 per month. As you can notice, doctors earn better than lawyers at all levels. If you are into self-employment, as a lawyer you will start a law firm and as a doctor you will operate a clinic.

Attorney (Lawyer) Salary 2022 | South Africa

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Is becoming a lawyer in South Africa worth it?

A career in law can be immensely rewarding and offer job satisfaction. This is especially so when you are able to provide the client with a solution in an expeditious and cost effective manner. However it also has its drawbacks, the biggest of which must be the high levels of stress which lawyers work under.

What career is in demand in South Africa?

South Africa has a growing economy with numerous job opportunities across various sectors. However, some careers have a higher demand in the job market than others. The careers with the most job opportunities in South Africa include information technology, healthcare, finance, engineering, and education.

What are the top 5 jobs in South Africa?

Jobs & Careers in demand in South Africa
  1. Software Engineer. These professionals are responsible for designing and implementing software solutions. ...
  2. Network Administrator. ...
  3. Data Scientist. ...
  4. Health and Safety Manager. ...
  5. Accountants. ...
  6. Agricultural Engineer. ...
  7. Lawyer. ...
  8. Business Consultant.

Who is the highest paid person in South Africa?

BHP Billiton's Chief Executive Mike Henry, the top-paid mining CEO on this list, took home a whopping $14.7 million (R269. 22 million) in 2022.

Is it hard to be a lawyer in South Africa?

Celebration. The process of becoming an attorney in South Africa takes at least 6 years. 4 Years of studying and 2 years of articles and writing the admission exams. That is a long time of working hard with late nights and early mornings.

What do attorneys earn in South Africa?

The average lawyer salary in South Africa is R 720 000 per year or R 369 per hour. Entry-level positions start at R 240 000 per year, while most experienced workers make up to R 6 780 000 per year.

Which country pays highest for law?

Switzerland -260,739 USD:

Switzerland is at the top of our list of countries that reward their lawyers the best. With an average annual salary of $260,739.

Do lawyers get hired in South Africa?

South Africa needs committed young graduates to join the legal profession. According to the Oxford Dictionary, a profession is a paid occupation which requires a prolonged education and training. Lawyers are part of more than 1 400 professions and careers open to young graduates from universities in South Africa.

What is the most stressful job in South Africa?

According to a new survey, the three most stressful occupations are not in corporations but pilots, hair stylists and farmers. Almost 2 000 respondents living and working in South Africa participated in a survey on Health24, which aimed to measure job-related stress based on several stress triggers.

What are South Africa's most attractive employers?

The South African Reserve Bank, SARS and Transnet are some of the top companies most people want to work for in the country. This is according to the latest Universum Talent Survey, which shows how talent perceives employers in South Africa.

Where do most people work in South Africa?

South Africa's primary sectors include manufacturing, mining and agricultural services. The services sector remains the largest source of employment in the country, but expats will find that the greatest skills shortages in South Africa, and the most opportunities, are in fields such as engineering, IT and medicine.

How much do you need to live comfortably in South Africa?

Numbeo estimates that a family of four would need R30,775 per month, excluding rent, while a single person would need around R8,875. Below is a breakdown of how much it costs to live in the largest South African cities compared to other major cities around the world.

What is a rich salary in South Africa?

The monthly salary you would need to be a top 1% earner, meanwhile, is around R151,451, the data shows. You would need a net wealth of around R4. 2 million to be considered a member of South Africa's top 1% when considering total wealth, with the average net wealth of the one-percenters being closer to R22. 6 million.

What is considered wealthy salary in South Africa?

What makes you 'wealthy' in South Africa? Using the aforementioned bank account requirements, we can determine that one would need to earn at least R750,000 a year to be considered wealthy in South Africa.

What jobs are scarce in South Africa?

According to research, job sectors within South Africa that are affected the most by skills shortages are:
  • Arts and Media.
  • Business and Management.
  • Design.
  • Engineering.
  • Financial Sectors.
  • Information Technology.
  • Marketing.
  • Medical and Health.

What is the most needed thing in South Africa?

High Demand Products in South Africa
  • South African wines.
  • Fruits and nuts.
  • Clothing and footwear.
  • Gems and precious metals.
  • Vehicles.
  • Rubber.

Is it easy to get a job in South Africa?

It might not be easy to find jobs in South Africa for foreigners, but it is certainly not impossible to land your dream expat job in South Africa. There are a lot of in-demand professions, so if you have the right skills, you may find the perfect fit.