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11 Highest Paying Legal Jobs every law student needs to know in 2020

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Are you studying law or in a law study program? Do you wonder what the best law jobs for students are? would you like to know which legal specialties earn the most? Do you simply want to know the highest paying law jobs? Would you like to know what the best jobs you can get with a law degree? 

This should not be the only reason to determine the kind of law to study or practice, but every law student should take these factors into consideration. The legal and law field give you hundreds of law career options from trial lawyer to court messenger.

Salaries can vary from the minimum wages to seven figures incomes, depending on the location, the demand of the market, your experience. For example, a motorcycle accident lawyer or a car accident lawyer earns more than a criminal defense attorney.

These are some of the most highly paying legal and law jobs.

1 Trial Lawyers

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Trial lawyers’ salary is among the highest in the world. A personal injury lawyer is an example of the highest-paid legal professionals in the field of trial lawyers.

There are thousands of lawyers in the world, but lawyers who handle high-stakes and high-paying cases such as car accidents are the most highly compensated. For instance, a car accident injury lawyer earns more than a public interest lawyer or a practitioner. In 2019, the median pay for trial lawyers is $99,000.

2 Intellectual property lawyers

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The mission of intellectual property lawyers is to protect copyrights, trademarks, patents, and other profitable concepts or inventions.

This is an area that grows fast especially that we are in an era of technology and online business.

Statistics say that lawyers working in intellectual property firms are among the highest-paid. The median pay is nearly $137,000, while lawyers with high experience can earn as much as $197,000 a year.

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3 Tax Attorneys

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Both business owners and individuals demand Tax Attorney’s advice to find solutions for their financial issues.

Tax lawyers help planning for real estate as well as handling the Internal Revenue Service cases in the court. They are important consultants for those who intend to start a business or to draft contracts.

There are sales tax lawyers and income tax lawyers who still bring in decent paychecks but this type of work is not as flashy as that of trial lawyers. The median pay is about $99,000 as of 2019, while some make as much as $200,000 each year.

4 Employment and Labor Attorneys

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Federal employment and labor lawyers work to make sure that the relationships between employers and employees are balanced and fair. 

Labor and employment law firms work either for the employers and management or for the employees. They are compensated well. The median pay for some best employment lawyer is about $87,000 as of 2019, with some lawyers earning as much as $185,000 a year or more.

5 Real Estate Attorneys

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Real estate attorneys reexamine contracts as well as the offers. They ensure getting good and fair deals for real estate owners and buyers.  Real estate lawyers also take care of foreclosures.

They work with real estate agents and sellers to ensure that everything is fair on that end.

Although real estate lawyers are high-paid ones, the median pay is $74,000 and these lawyers can earn as much as $145,000 a year, some real estate attorneys are not awarded benefits.

6 Chief Legal Officers

Chief Legal Officer or General Counsel, head of the law department of corporations. Generally, the bigger the company, the greater the general counsel’s salary.

CLO experts who drive large and multi-national corporations and companies can reach seven figures in their earnings. In addition to their base salary, Chief Legal Officers earn stock options, bonuses, and other advantages that make their compensation greater and higher.

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7 Judges

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Judges are responsible for presiding over court proceedings in federal, state, and local courts.  Magistrates and judges can earn an average annual salary of $66,000 to as much as $148,000.

The judges who are highest-paid are those who are within the federal court system. The local magistrates earn the least. In addition to good salaries, most judges enjoy other advantages and health benefits, expense accounts, and contributions to retirement plans made on their behalf, make their compensation package increased.

8 Members of Congress

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If you are eager and like the idea of working in the business of changing laws for the sake of an entire state or country, maybe a job as a politician will suit you.

A law degree will certainly help you to get into politics even if it is not technically a requirement.

Working as a Congress Member can make you earn $174,000 per year. Some higher positions, such as Majority Party Leader or Speaker of the House, earn $194,000 each year.

9 Law School Professor

Studying law does not necessarily mean that you should get a job as a lawyer or attorney. Moreover, Law degree holder can also work as a law school professor to teach law courses, perform researches as well as publishing scholarly works.

Salaries can vary depending on the location and the law school. American Law Teachers society made a salary survey. Salaries for full professors are between $105,000 to $204,210. Current professors’ salaries are revealed by this list of public law school faculty salaries.

To get a law professor position in a law school is hard and competitive. In addition, the candidate should have high qualifications. For example, a law degree from a top law school, high-class standing, law review, judicial clerkship experience, law practice experience, and publication credits in scholarly journals.

10 Litigation Support Director

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Nowadays technology prevails in the field of law practices. Legal professionals who are experts in technology are climbing the salary ladder. Like some lawyers, legal professionals in litigation support roles earn a salary of $80,000. Litigation support directors and managers get salaries much higher.

Those who are top earners own law degrees or high degrees in technology, finance, or business. Litigation support directors lead companies’ litigation support activities, technology resources, and e-discovery initiatives.

Litigation support salaries are expected to climb in the future. The demand for litigation support spirals upward, and experienced litigation support personnel remain rare.

11 Law Firm Administrator

Law firm administrators who are also called managing officers are responsible for the administrative and business aspects of managing a law firm.

Their tasks cover the non-legal sides of the law practice, such as business development, reporting, financial management, marketing, technology, facilities management, human resources, and practice management.

Law firm administrators in big and large companies get the highest earnings. For instance, the salary can be as high as $750,000, while law firm administrator salaries in Washington, D.C., can soar to $650,000.

Law firm administrators work fewer hours than the firm’s big lawyers and CMO positions do not require high education, as most own only a bachelor’s degree.

This can be a promising career alternative for those who search for lucrative jobs in the legal industry.

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