Who makes more money, a doctor or a lawyer?
Asked by: Dr. Charlene Pfeffer I | Last update: April 7, 2025Score: 4.1/5 (29 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.
What type of lawyer makes the most money?
Patent Attorney Salary
Patent attorneys are the highest-paid type of lawyers, with an average salary of $185,351, ranging from $119,88 to $285,530. Various factors contribute to a patent attorney's average salary, including experience, firm, location, and subject matter expertise.
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.
Which type of doctor gets paid the most?
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 $763,908, putting them at the top of our list.
Doctors vs Lawyers - Who MAKE$ more?
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.
Who gets paid more than doctors?
- 10 Air Traffic Controller.
- 9 Lawyer.
- 8 Judge.
- 7 Airline Pilot.
- 6 State Governor.
- 5 Voice Actor.
- 4 Large Commercial Farmer.
- 3 Pro Gamer.
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.
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.
What type of law is the richest?
- Intellectual Property (IP) Lawyer. One reason IP lawyers are some of the highest-paid types of lawyers is that they require very specialized knowledge in distinct fields. ...
- Tax Attorneys. Tax codes are complex. ...
- Trial Attorney. ...
- Medical Lawyer. ...
- Patent Attorney. ...
- Corporate Lawyer. ...
- Real Estate Lawyer. ...
- Family Lawyer.
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.
Do lawyers make millions a year?
Yes, as shown by the top-earning professionals in the legal field, it's possible to make over $1 million annually. However, you need to explore other ways to generate profits. While a lawyer's income is anything but small, your salary alone — especially if you're a non-partner — won't be enough to hit your target.
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.
How hard is law school?
In summary, law school is hard. Harder than regular college or universities, in terms of stress, workload, and required commitment. But about 40,000 people graduate from law schools every year–so it is clearly attainable.
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.
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 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 a lawyer make $500,000 a year?
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.
What is a 1 figure salary?
While ZipRecruiter is seeing annual salaries as high as $173,000 and as low as $109,000, the majority of 1 Figure salaries currently range between $167,000 (25th percentile) to $173,000 (75th percentile) with top earners (90th percentile) making $173,000 annually across the United States.
Do lawyers make 300k?
Lawyer salaries by state
Lawyers in these states earn the highest median salaries: California ($175,680) New York ($172,880) Massachusetts ($161,530)
What is the richest type of doctor?
Neurosurgeons, also known as neurological surgeons, are the highest-paid doctors. They diagnose and treat conditions of the brain, spine, and nervous system.
Which is harder to become a lawyer or doctor?
Time Commitment - Whereas law school is only 3 years of post-graduate education (I was even able to get TWO law degrees in that time) becoming a doctor can take up to 10 years of post-graduate training and education. Not to mention the student loan debt that comes with those additional years of education and training.
What jobs make at least 100k a year?
- Anesthesiologist.
- Psychiatrist. Industry: Health care. ...
- Sales Manager. Industry: Sales and marketing. ...
- Construction Manager. Industry: Construction. ...
- Optometrist. Industry: Health care. ...
- Oral and Maxillofacial Surgeon. Industry: Health care. ...
- Electrical Engineer. Industry: Engineering. ...
- Computer Systems Analyst. Industry: Technology. ...