Highest Paid Lawyers. Well, I somehow believe that you are eager to know about the highest-paid lawyers because it may be your field of study and you want to know if it is worth it. Well, it is indeed worth it, but I am not the one that is going to tell you.
This article has all the necessary details about the highest-paid lawyers, and if you are interested, then you should just keep on reading to get more details.
Highest Paid Lawyers
Working as a lawyer can be a very lucrative profession if you are good at it and also properly trained. Lawyers are simply some of the highest-paid individuals in the world of work. Take a look at the 10 highest-paid lawyers in the world.
A lawyer is simply a professional, trained, and also the qualified person who is then authorized and also practices law conducts lawsuits, and even gives legal advice as an attorney of law, counsel, counselor, solicitor, legal executive, or public servant preparing, interpreting, and applying the law.
How to Become a Lawyer
Becoming a lawyer simply involves so many processes, which include reading, writing examinations, and others, some of which are 7 years of full-time study in a tertiary institution, simply followed by an examination that is required to get a Juris Doctor (J.D.) degree from a law school accredited by the American Bar Association (ABA).
Some of the processes are:
- Complete a Bachelor’s Degree Program you enjoy
A bachelor’s degree is the minimum educational requirement for admission to law school.
- Passing the accredited law school admission test
Before you can be admitted into a law school, you must first pass the school admission test to be admitted.
- Earning an undergraduate degree
After admission into the law school, you will also go through different training and even lectures for four years to get a bachelor’s degree from the college with a CGPA of 3.0.
PASS THE BAR EXAMINATION
After having a degree in law, you are also required to attempt and pass an examination called the BAR Exam.
Some of the ethics of a lawyer are:
- Professional Judgement.
- Communication with other legal professionals
- Research skills
- Must be audible.
How do Lawyers make money?
- Criminal Justice System.
- Public Defender or prosecutor.
- Criminal Defense
- Product Liability and Class Action Litigation
- Corporate Mergers and Acquisition Attorney.
Types of Lawyer’s Degrees and Salaries
Here are the types of lawyer degrees and salaries.
Corporate Lawyer Salary
A corporate lawyer’s duty is simply to ensure legality during transactions between two or more people and others. Their work is to simply advise and also analyze issues regarding legal rights and obligations when transacting business.
Their salary simply begins in the range of $30,000 and $100,000 per annum, but this simply depends on the company’s size, experience, degree, and others.
Patent Lawyer Salary
A patent lawyer’s duty is to simply assess what is patentable or not, and even issues related to designs and trademarks, though majorly needed by individual inventors. They help in indisputable legal terms, assess existing patents, and defend in court in infringement cases.
The average salary of a patent lawyer is about $129,500, according to PayScale.com.
Criminal Lawyer Salary
A criminal lawyer’s duty is to simply defend people, individuals, companies, and society at large facing criminal charges in court.
They simply investigate cases, conduct interviews, construct a defense, and also oppose plans, and may even sometimes negotiate to settle out of court.
The average salary for public defenders is about $51,000. Some associates earn up to $115,000.
Tax Lawyer Salary
Tax attorneys simply act as representatives of a company, organization, or individual in dealing with federal, state, and local tax agencies. Their salary is also approximately $99,690.
Starting salaries tend to be somewhere between the amount of $55,000 and $83,000; lawyers who remain in the field of tax law can simply expect a steady increase in their annual earnings as their career progresses.
Real Estate Lawyer
Real estate lawyers’ responsibility is to simply help their clients in any case regarding commercial or residential real estate issues or challenges. Zoning and property development also fall under the umbrella of real estate law.
They also even represent their clients in court, maybe in a case of a property owner suing a tenant over unpaid rent and other issues.
Real estate transactions always involve a complex process such as legal documents, so most real estate attorneys spend quite a lot of time in this field.
The approximate salary of an estate lawyer is about $90,00125 but varies with experience and location.
Family Lawyer Salary
Family lawyers’ duty is to simply take care of family issues like divorce, custody arrangements, adoption, prenuptial agreements, and even sometimes child support, child custody, and domestic abuse.
In most cases, they simply work with clients to annul a marriage and also help to divide the property.
The approximate salary of a family lawyer is about $70,00828. Experienced family lawyers in the private sector are even the top earners.
Personal Injury Lawyer Salary
Personal injury attorneys simply work with clients who allege physical or psychological harm as a result of the negligence or wrongdoing of another party.
In the event of an accident or injury, personal injury lawyers simply represent their clients to then obtain justice and compensation for any losses or suffering. The vast majority of these cases fall under the area of tort law.
To help clients receive compensation for any financial losses, pain, and suffering they have simply experienced due to negligence, personal injury lawyers interview clients, evaluate their case and identify and research specific issues in the plaintiff’s case.
If a plaintiff simply makes a claim that involves an injury to the body or mind, this then falls into the category of personal injury law. Car accidents, work injuries, and “slips and falls” constitute some of the most common cases in this field.
The average annual pay for a personal injury lawyer is about $73,000. Many attorneys in this field do not have a set annual income as they simply work for contingency fees.
How Much Does a Family Lawyer Make?
Becoming a family lawyer is not that simple or hard. The duration simply takes 6–8 years, including a bachelor’s degree. Education, exams, and state licensing all play a role in being called to the bar, and then finding employment is something else to tackle.
The approximate salary of a family lawyer is about $70,828. Experienced family lawyers in the private sector are also the top earners.
Who is the Richest Lawyer in the World?
Richard Scruggs, a 1976 graduate of the University of Mississippi School of Law, is simply considered the richest lawyer in the world.
With a net worth of over $1 billion earned from winning cases in court, the prominent trial lawyer doubles as the highest-paid attorney in the world.
Although he was simply sent to jail for six years after he was found guilty of judicial bribery, he regained freedom at age 70. At the moment, he has simply gone ahead to retain his massive fortune.
Top 10 Highest-Paid Lawyers
Here are the highest-paid lawyers you should know:
- Ana Quincoces-Net Worth: $8 million
If you simply combine beauty with brains, the end result is Ana Quincoces. The blonde beauty is no damsel in distress; instead, she is also a multi-talented chef, reality star, and, of course, one of the highest-paid lawyers, who currently has a net worth of $8 million.
Born and also raised in Miami, she has then quickly used her skills to bring about a change in her life as she showcased her defendant skills in the court of law. Currently, she is also a successful writer who’s doing way more than fighting cases in court and is even one of the highest-paid attorneys in the world.
- Vernon Jordan — Net Worth: $12 Million
Vernon Jordan kicked-started his career as a civil rights activist, and he devoted his life and even career to bringing about a change in society. The aging lawyer was born in Georgia and also earned his law degree from the Howard University School of Law.
Ever since his graduation, he’s known his motive in life, and to date, he’s even dedicated his life to making decisions relating to racial discrimination in Georgia. Currently, he’s sitting on a net worth of $12 million, making him one of the highest-paid attorneys in the world.
- Thomas Mesereau – Net Worth: $ 25 Million
If you are aware of Michael Jackson’s fame, then you are simply bound to know Thomas Mesereau. He defended his well-known client, Mr. Jackson, in the child molestation case way back in 2005.
He also simply played a pivotal role in the rape investigation of Mike Tyson. His modesty and also his humane values are underplayed as he currently stands at a net worth of $25 million.
We actually need more men like Thomas Mesereau, especially if we simply have to heal the world and also make it a better place (as Micheal Jackson rightly envisioned).
- Erin Brockovich–Net Worth: $42 Million
If the name itself does not ring a bell, then it is probably her fight for the environment. Currently, clocking a net worth of $42 million, Erin Brockovich has been an active environmentalist, fighting against organizations to ensure that the environment gets its fair due.
Some of her most famous cases were simply against the Pacific Gas Company, way back in the year 1993. There was also a movie based on her called Erin Brockovich, where Julia Roberts played the lead role. She is, at the moment, also one of the richest lawyers in the world.
- John Branca–Net Worth: $50 Million
Well, if having a net worth of $50 million simply gets counted in the list of the highest-earning lawyers, then John Branca would definitely be counted among the top 10.
His experience in the fields of entertainment law and also real estate law has left his clients extremely happy over the years.
John simply completed his law degree from UCLA School of Law. He then comes from the bustling state of New York, although he moved to California at the age of 11.
- Robert Shapiro — Net Worth: $50 Million
Well, even celebrities simply need attorneys, and this is where Robert Shapiro, a man with a net worth of $50 million, comes in.
He was born and also raised in the state of New Jersey. However, ever since he simply earned his law degree, he has defended famous personalities and also athletes in the court of law. One of the cases he is most famous for taking on is that of athlete O.J. Simpson.
- Roy Black — Net Worth: $65 Million
Roy Black also currently at a net worth of $65 million and is well-known for his criminal cases wherein he defended his clients, William Kennedy Smith and Rush Limbaugh.
Leaving a mark on reality crime shows, he’s also made himself known in terms of fighting criminal cases all throughout the U.S.A.
Born and also raised in New York, the efficient lawyer is even not ready to stop at anything to make his case a winning case.
- Willie Gary — Net Worth: $100 Million
Don’t go by his simplistic features an easy-to-read personality. Not only is he a motivational speaker, but Willie Gary has simply earned a name for himself in the fields of business and law.
Originally from Georgia, he graduated in law from North Carolina Central University. Ever since there has simply been no looking back for the $100 million men who then continued to lead Martin County’s first-ever black law firm.
- Joe Jamail Jr. — Net Worth: $1.5 Billion
When it comes to being aggressive, abrasive, as well as well-spoken, Joe Jamail Jr. is simply the advocate for you.
His tactics in the Supreme Court have not only earned him a dangerous reputation but also made him rule the hearts of the judges and clients alike. He’s definitely a person who simply deserves to have a net worth of $ 1.5 billion.
- Richard Scruggs — Net Worth: $1.7 Billion
Believe it or not, there is a reason why Richard Scruggs was simply proclaimed the “King of Torts”.
Currently, his net worth is close to $1.7 billion, and given his rich experience in the field of tobacco law, he has pretty much carved a name for himself in the dynamic field of law.