Being a lawyer and working as a professional lawyer is a very profitable profession. A professional lawyer has to be very good at his/her profession and this can be achieved through series of educational training and hard work. In this post we will be highlighting on the highest paid lawyers in 2022.

A lawyer is a professional, trained and licensed to prepare, manage, and either prosecute or defend a court action as an agent for another and who also gives advice on legal issues that may or may not require court action.

To be a lawyer involves so many Process which include reading, writing examination and others, some of which are 7 years of full-time study in a tertiary institution, tertiary institution, followed by an examination required to get a Juris Doctor (J.D.) degree from a law school accredited by the American Bar Association (ABA). 

Stages of being a professional lawyer include:

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 have to pass the school admission test to get admitted.

Earning an undergraduate degree
After admission into the law school, you will pass through different training and lectures for four years to get a bachelor’s degree from the college with a CGPA of 3.0.

pass the bar examination

Some of the ethics of a Lawyer are;

Confidentiality
Competence
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

TYPE OF LAWYER DEGREE AND SALARIES

1. PATENT LAWYER SALARY

A patent lawyer’s duty is to assess what is patent or not, and issues related to designs and trademarks, though majorly needed by individual inventors, they help in indisputable legal terms, assess existing patents, and defending in court in infringement cases.

The average salary of a patent lawyer is $129,500, according to PayScale.com.

2. CRIMINAL LAWYER SALARY

A criminal lawyer’s duty is to defend people, individuals, companies, and society facing criminal charges in court.
They investigate cases, conduct interviews, construct a defense, and oppose plans, and may sometimes negotiate to settle out of court.

The average salary for public defenders is $51, 000 some associates earn up to $115,000.

3. REAL ESTATE LAWYER

Real estate lawyers’ responsibility is to help their clients in any case regarding commercial, residential real estate issues or challenges about tenants, neighbors, zoning and property development also fall under the umbrella of real estate law.

They also represent their clients in court, maybe in a case of a property owner suing a tenant over unpaid rent and others.
Real estate transactions always consume a quite complex process such as legal documents, so most real estate attorneys spend quite in this field.

The approximate salary of an estate lawyer is about  $90,125 but varies with experience and location.

4. CORPORATE LAWYER SALARY

A corporate lawyer’s duty is to ensure legality during transactions between two or more people and others. Their work is to advise and analyze issues, regarding legal rights and obligations when transacting Business.

Their salary starts from the range of $30,000 and $100,000 per annum, but this depends on the company size, experience, degree, and others.

5. TAX LAWYER SALARY

Tax attorneys act majorly as representatives of a company, organization, or individual in dealing with federal, state, and local tax agencies. Their salary is approximately $99,690.

Starting salaries tend to be somewhere between $55,000 and $83,000; lawyers who remain in the field of tax law can expect a steady increase in their annual earnings as their career progresses.

6. FAMILY LAWYER SALARY

Family lawyers’ duty is to take care of family issues like divorce, custody arrangements, adoption, prenuptial agreements, and sometimes child support, child custody, and domestic abuse.

In most cases, they work with clients to annul a marriage and help to divide the property.
The approximate salary of a family lawyer is $70,828. And experienced family lawyers in the private sector are the top earners.

7. PERSONAL INJURY LAWYER SALARY

In case of an accident or injury, personal injury lawyers represent their clients to 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’ve experienced due to negligence, personal injury lawyers interview clients, evaluate their case, identify and research specific issues in the plaintiff’s case.

If a plaintiff makes a claim that involves an injury to the body or mind, this falls into the category of personal injury law. Car accidents, work injuries, and “slip and falls” constitute some of the most common cases in this field.

The average annual pay for a personal injury lawyer is approximately $73,000. Many attorneys in this field do not have a set annual income as they work for contingency fees.

This means that they earn a percentage of any compensation settlement the plaintiff receives. As in most cases, lawyers working for non-profit organizations or the government tend to earn the least, while their colleagues in big law firms are the top earners.

Read about “Apps that can earn you extra cash free”

How Much Does A Family Lawyer Make

Becoming a family lawyer is not simple or neither hard. The duration takes 6-8 years including a bachelor’s degree. Education, exams, 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 $70,828. And experienced family lawyers in the private sector are 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 considered the richest lawyer in the world.

With a net worth of over $1 billion earned from won cases in court, the prominent trial lawyers double as the highest paid attorney in the world.

Although he was 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 gone ahead to retain his massive fortune.

Below are the list of top 10 highest paid lawyers in 2022

Top 10 Highest Paid Lawyer In 2022

1. Richard Scruggs — Net Worth: $1.7 Billion

There is reason why Richard Scruggs was proclaimed as 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.

2. Joe Jamail Jr. — Net Worth: $1.5 Billion

When it comes to being aggressive, abrasive, as well as well-spoken, Joe Jamail Jr. is 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 the clients alike. He’s definitely a person who deserves to have a net worth of $ 1.5 billion.

3. Willie Gary — Net Worth: $100 Million

He has a very simple features and easy-to-read personality. He is also a motivational speaker, Willie Gary has actually earned a name for himself in the field of business and law.

Originally from Georgia, he graduated in law from the North Carolina Central University. Ever since, there has been no looking back for the $100 million men, who continue to lead Martin County’s first-ever black law firm.

4. Roy Black — Net Worth: $65 Million

Roy Black is 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 the reality crime shows, he’s made himself known in terms of fighting criminal cases all throughout the U.S.A.

Born and raised in New York, the efficient lawyer is not ready to stop at anything to make his case a winning case.

5. Robert Shapiro — Net Worth: $50 Million

Celebrities need a professional attorney, and this is where Robert Shapiro, a man with a net worth of $50 million, comes in.

He was born and raised in the state of New Jersey; however, ever since he earned his law degree, he has defended famous personalities and athletes in the court of law. One of the cases he is most famous for taking on is athlete O.J. Simpson.

6. John Branca – Net Worth: $50 Million

Well, if having a net worth of $50 million 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 field of entertainment law and real estate law has left his clients extremely happy over the years.

John completed his law degree from UCLA School of Law. He comes from the bustling state of New York; although, he moved to California at the age of 11.

7. Erin Brockovich – Net Worth: $42 Million

If the name itself does not ring a bell, then probably her fight for the environment will. 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 famous cases were against the Pacific Gas company, way back in 1993. There was also a movie based on her called Erin Brockovich, where Julia Roberts played the lead role. She is at the moment one of the richest lawyers in the world.

8. Thomas Mesereau – Net Worth: $ 25 Million

If you’re aware of Michael Jackson’s fame, then you are bound to know Thomas Mesereau. He defended his well-known client, Mr. Jackson, in the child molestation case way back in 2005.

He also played a pivotal role in the rape investigation of Mike Tyson. His modesty and his humane values are underplayed as he currently stands at a net worth of $25 million.

We need more men like Thomas Mesereau, especially, if we have to heal the world and make it a better place (as Micheal Jackson had rightly envisioned).

9. Vernon Jordan — Net Worth: $12 Million

Vernon Jordan kick-started his career as a civil rights activist, and he has devoted his life and career to bringing about a change in society. The aging lawyer was born in Georgia and earned his law degree from the Howard University School of Law.

Ever since his graduation, he knew his motive in life, and to date, he’s 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.

10. Ana Quincoces – Net Worth: $8 million

If you combine beauty with brains, the end result is Ana Quincoces. The blonde beauty is no damsel in distress; instead, she is a multi-talented chef, reality star show, and of course, one of the highest-paid lawyers, who currently has a net worth of $8 million.

Born and raised in Miami, she has 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 a successful writer who’s doing way more than fighting cases in court and one of the highest paid attorneys in the world.

 

Conclusion

Being a professional lawyer is a lucrative job. To excel in law profession one has to apply hard work in his or her studies in order to know more about the profession and to defend his plaintiff in any level as well as to earn more.

By Hawley Clinton

Medical Doctor, Blogger, Blockchain expert, Crypto enthusiast, and travel adventurist. Having bagged multiple undergraduate and post graduate scholarships, visited many awesome and breathtaking destinations, I found it interesting educating people from all clans on how best to live their dream travel lives, obtaining best guides on tourism, luxury, immigration, scholarships for higher education, University guides and lot more.

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