Which law specialization pays the most?

Asked by: Kevon Lueilwitz  |  Last update: October 13, 2025
Score: 4.5/5 (33 votes)

What are the highest-paid types of lawyers? 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.

What law specialty makes the most money?

Highest-Paid Types of Lawyers
  • 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.

How to make $500,000 a year as a lawyer?

How can a lawyer make 500k a year?
  1. Create an SEO for Lawyers Strategy.
  2. Build a Solid Law Firm Website.
  3. Write Engaging Attorney Content.
  4. Start a Lawyer PPC Campaign.
  5. Register Your Law Firm in Relevant Listings and Directories.
  6. Engage in Reputation Management for Lawyers.

What law specialization is best?

But to answer your question which types of law are most beneficial, would currently be intellectual property/patent law, torts, and one that is in great demand but very few practice employment and labor law. The ``best'' specialty or type of law you can do is truly the one you enjoy doing.

Which law firm pays highest salary?

What is the best-paying law firm in India? Currently, from all of these law firms, S&R Associates, Shardul Amarchand Mangaldas & Co., and Cyril Amarchand Mangaldas stand at the top as they pay fresh law graduates a salary of up to ₹20 lakhs a year.

Big Law's Big Paychecks: Partner Compensation, Explained

45 related questions found

Which law degree has highest salary?

Ans: Corporate law and international law often offer the highest salaries.

Can lawyers make 200k a year?

Lawyers' salaries depend on the type of law they practice, the state they reside in, and where they are in their careers. In major cities, entry-level jobs can be as high as $200, 000 per year, while the average lawyer salary across the country is $197,000 per year.

What field of law is most in demand?

Which Legal Fields Are 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.

Which Specialisation is best in LLB?

What is the Best Specialization in LLB?
  1. Constitutional Law. ...
  2. Criminal Law. ...
  3. Corporate Law. ...
  4. Taxation Law. ...
  5. Intellectual Property Rights (IPR) ...
  6. Energy & Environment Law. ...
  7. Banking & Insolvency Law. ...
  8. Investment & Trade Law.

Can a lawyer have two specialties?

Legally speaking, there is nothing to stop a lawyer from practicing in more than one area of law, but this approach can come with some significant side effects. In short, the benefits of a lawyer choosing to focus in on only one type of law include: Maintaining a sense of autonomy away from their law firm's daily grind.

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.

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.

What type of lawyer is best paid?

11 of the highest-paying lawyers
  • Civil litigation attorney. ...
  • Real estate attorney. ...
  • Intellectual property attorney. ...
  • Bankruptcy lawyer. ...
  • Family lawyer. ...
  • Tax attorney. ...
  • Corporate attorney. ...
  • Patent attorney.

Who 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.

What is the highest paying legal job in the world?

Top 10 Highest Paying Legal Jobs 2024 (Inc Salaries)
  1. Counsel. ...
  2. Intellectual Property Paralegal. ...
  3. Attorney. ...
  4. Contracts Lawyer. ...
  5. Employment Lawyer. ...
  6. Litigation Lawyer. ...
  7. Chief Legal Officer. ...
  8. Family Lawyer.

Can lawyers be millionaire?

Regions that are financial and business hubs, like New York, California, and Washington D.C., boast a significant portion of the lawyer millionaire demographic.

Which LLM is most in demand?

Have a look at some of the most popular LLM programs below!
  • Master of laws in Administrative Law Studies.
  • Master of laws in National Law Studies.
  • Master of laws in Economic Law Studies.
  • Master of laws in Jurisprudence.
  • Master of laws in Human Rights Law Studies.
  • Master of laws in Dispute Resolution Studies.

What is the best law to specialise in?

Here are 16 fruitful, promising areas of law for you to consider.
  1. Complex Litigation. This is an area of law that demands a lot of patience and incredible attention to detail. ...
  2. Corporate Law. ...
  3. Tax Law. ...
  4. Intellectual Property. ...
  5. Blockchain. ...
  6. Healthcare. ...
  7. Environmental. ...
  8. Criminal.

Which law degree is the best?

As one of the best law courses in India, B.A., LL. B (Hons.) graduates can pursue diverse career paths in various fields such as corporate law, legal consultancy, government agency, journalism, and so on. One can expect a 3 - 5 LPA salary after completing the course.

What type of law pays the best?

As of 2024, the top five highest paid types of lawyers are:
  • Patent Attorneys.
  • Intellectual property (IP) Attorneys.
  • Trial Lawyers.
  • Tax Attorneys.
  • Corporate Lawyers.

Which Specialisation is best in law?

Corporate law, criminal law, human rights law, and tax law are some of the most popular specialities in law that students can select from their law school among the legal courses given in various specialisations. It takes a lot of patience to practise law as a profession.

What is the least demanding law job?

  • Easiest law to practice.
  • Real estate law: the calm of contracts and closings.
  • Estate planning: beyond grave matters.
  • Transactional IP law: where creativity meets law.
  • Tax law: counting dollars, not hours.
  • Government agency roles: The legal life outside the courtroom.
  • Public-interest and nonprofit work: the happiness factor.

How to make 500k a year?

13 jobs that can pay over $500k a year
  1. Actor.
  2. Author.
  3. Accountant.
  4. Insurance agent.
  5. Investment banker.
  6. Professional athlete.
  7. Entrepreneur.
  8. Hedge fund manager.

Are there any millionaire lawyers?

Judith Sheindlin | $440 Million

Judge Judy, or Judith Sheindlin, graduated from New York Law School in 1964 before gaining global fame through her television courtroom show, “Judge Judy.” Running from 1996 to 2021, the show made her one of the richest lawyers in North America.

What is the highest paying job?

Get Matched!
  • 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.