Which law degree makes the most money?

Asked by: Afton Jones I  |  Last update: February 19, 2022
Score: 4.5/5 (15 votes)

Some of the highest-paid lawyers are:
  • Medical Lawyers – Average $138,431. Medical lawyers make one of the highest median wages in the legal field. ...
  • Intellectual Property Attorneys – Average $128,913. ...
  • Trial Attorneys – Average $97,158. ...
  • Tax Attorneys – Average $101,204. ...
  • Corporate Lawyers – $116,361.

What type of lawyer gets paid the most?

Medical Attorneys

Medical lawyers are among the highest paid types of lawyers and earn one of the highest median salaries in the legal field.

What field of law is most in demand?

Highest Client Growth Rates by Practice Area
  • Insurance: +2190% (YoY) ...
  • Criminal Law: +1680% (YoY) ...
  • Civil Rights: +1160% (YoY) ...
  • Personal Injury: +660% (YoY) ...
  • Estate Planning: +330% (YoY) ...
  • Bankruptcy: +280% (YoY) ...
  • Employment Law: +190% (YoY) ...
  • Business Law: +140% (YoY) (Top growth area: Contracts)

What is the hardest law to practice?

Generally, more students find Constitutional Law and Civil Procedure the most difficult because they are far more abstract than other areas of law.

What is the easiest type of lawyer to become?

Government law is the easiest. Very little work at a state or federal commission.

Revealing The 10 College Degrees That Make The Most Millionaires!

20 related questions found

How can a lawyer make 7 figures?

4 Keys to Achieving a 7-Figure Income
  1. Run your law firm like a business. You studied the law as a noble profession, but to break the seven-figure barrier, you must run your law firm like a business. ...
  2. Focus on a niche. ...
  3. Identify your ideal target market. ...
  4. Pay attention to your firm's finances.

Are all lawyers rich?

The majority of lawyers, or rather attorneys, are not rich, but many of them make a decent income in exchange for complex work.

Can a lawyer become a billionaire?

Lawyer. Practising law is one of the best careers for incredibly high earning potential. ... Of course, different areas in law can yield higher profits, and the most lucrative law careers that can make you a billionaire include corporate, criminal, patent, tax, real estate and intellectual property law.

What jobs can make you a millionaire?

45 Jobs That Can Make You a Millionaire Before Retirement
  • Personal Services Managers. Annual salary: $123,980. ...
  • Political Scientists. Annual salary: $124,100. ...
  • Health Specialties Teachers, Postsecondary. ...
  • Nuclear Engineers. ...
  • Optometrists. ...
  • Pharmacists. ...
  • General and Operations Managers. ...
  • Training and Development Managers.

What jobs will make you rich?

Top 10 Jobs That Make You Rich
  • Doctor. Average salary: $189,760. ...
  • Surgeon. Average salary: $352,220. ...
  • Investment Banker. Average salary: $130,230. ...
  • Corporate Executive. Average salary: $173,320. ...
  • Petroleum Engineer. Average salary: $147,520. ...
  • Psychiatrist. Average salary: $181,880. ...
  • Data Scientist. ...
  • Research & Development Manager.

What are 8 figure jobs?

8-Figures represents eight digits and a 8-figure salary will fall between $10,000,000 – $99,999,999.
...
Examples of 8-figure jobs:
  • Hedge Fund Managers.
  • High Profile Athletes.
  • Movie Stars.
  • Fortune 500 CEOs.
  • Founders of Unicorn Start-Ups.

How much is a 1 figure salary?

As a figure is a number or digit, 6 figures refers to any amount between 100,000 and 999,999 inclusive. As this is usually mentioned in the context of someone's annual salary, it thus typically refers to anyone earning $100,000 or more but less than $1 million. What is this?

How much is a 9 figure salary?

9 figures mean that annual income has 9 digits, which is a minimum of $100,000,000, and it goes up to $999,999,999.

What jobs have a 7 figure salary?

Top 7 figure salary jobs
  • Business owners. Being a business owner provides the highest likelihood of making 7 figures because no one is standing in your way! ...
  • CEOs and C-level executives. ...
  • Corporate lawyers. ...
  • Sales executives. ...
  • Investment bankers. ...
  • YouTubers. ...
  • Actors and actresses. ...
  • Professional athletes.

What is considered 7 figures?

$1,000,000 up to $9,000,000 is considered a seven-figure income. There is a significant distinction between a $1 million income and a $9 million income, considering that they are a bracket difference.

What's a three figure salary?

How much is a 3 figures salary? When discussing a 3 figures salary, this denotes earnings ranging from $100 to $999. Usually, talking about “figures” in the context of salaries refers to your annual earnings. In this case, though, earning 3 figures a year would be extremely low.

What is a six-figure?

Definition of six-figure

: in the hundreds of thousands : totaling 100,000 or more but less than one million a six-figure income.

How can I make 7 figures?

7 Tips to Hit 7 Figures in 2020 and Beyond
  1. You must have multiple streams of income.
  2. Create products and services people need.
  3. Scale properly.
  4. Media exposure is key.
  5. Invest in your business and yourself.
  6. Avoid burnout.
  7. Hang around other seven-figure earners.

How much money is considered a lot?

With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $500,000 a year in 2022 is considered a top 1% income earner. Of course, some parts of the country require a higher income level to be in the top 1% income, e.g. Connecticut at $580,000.

What is a 4 figure salary?

How much is a 4 figure salary? A 4 figure salary consists of an income of between $1,000 and $9,999. Noting that any discussion of salary is usually made in reference to someone's yearly wage, this would be considered a very low amount of earnings.

How much do you make monthly if you make 6 figures?

How much is 6 figures monthly? To calculate how much six figures is monthly, you simply divide the annual income by 12. Again, this can give us a huge range. But the minimum monthly income to earn six figures a year would be $8,333.33.

What to study to become a billionaire?

Top 7 degrees that make the most millionaires
  1. Engineering.
  2. Economics/Finance.
  3. Politics.
  4. Mathematics.
  5. Computer Science.
  6. Law.
  7. MBA.

Which jobs will disappear by 2030?

5 jobs that will disappear by 2030
  • Travel agent. It amazes me that a travel agent is still a job in 2020. ...
  • Taxi drivers. ...
  • Store cashiers. ...
  • Fast food cooks. ...
  • Administrative legal jobs.

What career makes the most millionaires?

Majors That Make The Most Millionaires
  1. Engineering. Engineering is a broad field with many sub-fields that can make their graduates incredibly successful and wealthy if they know how to use their assets. ...
  2. Biochemistry. ...
  3. Law. ...
  4. Finance. ...
  5. Computer Science. ...
  6. Marketing. ...
  7. MBA (Master of Business Administration)