michr
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if you are the very top of your class coming out of a very prestigeous law school and are hired by a very large firm then a large income is possible right out of school. the fact is a very large percentage of law graduates never go on to use their degree. those great jobs like the movies show(the firm)
are very, very, few and far, far between. most law students coming out of school struggle for a number of years to just get by. incomes vary greatly by location, employer, your abilities and the state of the economy at the time.
In May 2006, the median annual earnings of all wage-and-salaried lawyers were $102,470. The middle half of the occupation earned between $69,910 and $145,600. Median annual earnings in the industries employing the largest numbers of lawyers in May 2006 were:
Management of companies and enterprises $128,610
Federal Government $119,240
Legal services $108,100
Local government $78,810
State government $75,840
Salaries of experienced attorneys vary widely according to the type, size, and location of their employer. Lawyers who own their own practices usually earn less than those who are partners in law firms. Lawyers starting their own practice may need to work part time in other occupations to supplement their income until their practice is well established.
Median salaries of lawyers 9 months after graduation from law school in 2005 varied by type of work, as indicated in table 1.
Table 1. Median salaries of lawyers 9 months after graduation,
2005 Type of work :
All graduates
$60,000
Private practice
$85,000
Business
$60,000
Government
$46,158
Academic/judicial clerkships
$45,000
Source: National Association of Law Placement
Information on law schools and a career in law may be obtained from the following organizations:
American Bar Association, 321 North Clark St., Chicago, IL 60610. Internet: http://www.abanet.org
National Association for Law Placement, 1025 Connecticut Ave. NW, Suite 1110, Washington, DC 20036. Internet: http://www.nalp.org
Information on the LSAT, the Law School Data Assembly Service, the law school application process, and financial aid available to law students may be obtained from:
Law School Admission Council, P.O. Box 40, Newtown, PA 18940. Internet: http://www.lsac.org
Information on obtaining positions as lawyers with the Federal Government is available from the Office of Personnel Management through USAJOBS, the Federal Government’s official employment information system. This resource for locating and applying for job opportunities can be accessed through the Internet at http://www.usajobs.opm.gov or through an interactive voice response telephone system at (703) 724-1850 or TDD (978) 461-8404. These numbers are not toll free, and charges may result. For advice on how to find and apply for Federal jobs, see the Occupational Outlook Quarterly article “How to get a job in the Federal Government,” online at http://www.bls.gov/opub/ooq/2004/summer/art01.pdf.
The requirements for admission to the bar in a particular State or other jurisdiction may be obtained at the State capital, from the clerk of the Supreme Court, or from the administrator of the State Board of Bar Examiners. |
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