Who gets paid more doctor or lawyer?
Asked by: Jayne Towne | Last update: April 30, 2025Score: 4.3/5 (69 votes)
The Bureau of Labor Statistics gives median salaries for both doctors and lawyers, so it's clear that the doctors' number is higher. But median salaries are the midpoint in a list of salaries for one occupation, meaning that half of the list makes more and half makes less.
Is it better to be a doctor or a lawyer?
Lawyers: Lawyers generally have more flexibility in their practice area, work environment, and location. Some lawyers choose to work as solo practitioners, in small practices, or in-house legal positions that may offer more control over their work-life balance. Doctors: Doctors tend to have limited flexibility.
Can you make $500,000 as a lawyer?
Yes. These days, BigLaw starts at about $215k plus bonus for newly-hired attorneys, and goes to $415k plus bonus (often enough to take one over $500k) for senior associates on the verge of making partner. Therefore, people who make it to this level and beyond generally bring home more than $500k/yr.
Are lawyers the highest paid profession?
Lawyers in the US earn a median annual wage of nearly $136,000. Although they are not among the twenty highest-paying occupations, they still earn well above the 2022 median income of $60,070. In May 2022, the median annual wage for lawyers was $135,740.
Are doctors the highest paid profession?
It's pretty much true: Of the 20 U.S. occupations with the highest average pay, according to the Bureau of Labor Statistics, 16 are some kind of doctor.
Doctors vs Lawyers - Who MAKE$ more?
Do doctors make 300k a year?
Overall, the average physician salary is $277,000 annually for primary care physicians and $394,000 for specialists, according to the 2024 Medscape Physician Compensation Report.
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.
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.
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.
Do lawyers make 100k a year?
In general, the five highest-paying states for lawyers are as follows: California ($201,530) Massachusetts ($196,230) New York ($188,900)
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?
- Civil litigation attorney. ...
- Real estate attorney. ...
- Intellectual property attorney. ...
- Bankruptcy lawyer. ...
- Family lawyer. ...
- Tax attorney. ...
- Corporate attorney. ...
- Patent attorney.
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.
Can you be a DR and a lawyer?
Combined M.D.-J.D. programs allow students to earn medical and juris doctor degrees at the same time, providing knowledge and skills that equip them for numerous professional roles.
Is being a lawyer hard?
Lawyers often work long hours under intense pressure. Many grapple with high volumes of cases, work to extremely strict deadlines, and come into conflict with clients and opposing counsel. This also impacts lawyers' work-life balance, affecting their life outside working hours.
Is it harder to become a doctor or dentist?
Both include a mix of classroom learning and hands-on training. However, the curriculum for medicine is generally more intense, with more hours spent in the classroom and clinical rotations. In contrast, dental students often have more flexible schedules and less time in class.
How much do the top 1% of lawyers make?
The data source was compiled from the US Department of Labor. The top 10% of attorneys in America make over $208,000, and the top 1% make well over $500,000 per year.
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.
How to make $500,000 as a lawyer?
- Create an SEO for Lawyers Strategy.
- Build a Solid Law Firm Website.
- Write Engaging Attorney Content.
- Start a Lawyer PPC Campaign.
- Register Your Law Firm in Relevant Listings and Directories.
- Engage in Reputation Management for Lawyers.
How many hours do lawyers work?
Although most lawyers have a regular 40-hour week, a significant percentage of them work more frequently. The average weekly work hours for various types of lawyers are: Lawyers working for large firms: 66 hours per week. Lawyers working for small and medium-sized firms: 42-54 hours per week.
What kind of law pays the most?
- Patent Attorneys.
- Intellectual property (IP) Attorneys.
- Trial Lawyers.
- Tax Attorneys.
- Corporate Lawyers.
What is the richest job in America?
- Surgeons and Physicians. Surgeons and physicians are consistently among the highest earners in the USA. ...
- Psychiatrists. ...
- Corporate Executives (CEO, CFO, etc.) ...
- Dentists. ...
- Pharmacists. ...
- IT Managers and Software Engineers. ...
- Lawyers and Judges. ...
- Airline Pilots.
What is the lowest paying job?
- Care worker.
- Shelf packer.
- Play worker.
- Nursery nurse.
- Teaching assistant.
- Cashier.
- Dental nurse.
- Cook.
What is the highest paying doctor?
A neurosurgeon is the highest-paid doctor on our list. Neurosurgery encompasses surgery of the brain, spinal cord/column, and peripheral nerves. Aspiring neurosurgeons must complete at least a seven-year residency. The average annual compensation for neurosurgeons is $763,908, putting them at the top of our list.