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Is the job of a lawyer still a lucrative venture? Prefer the answers from an actual lawyer?

Corporate Law Discussions

Is the job of a lawyer still a lucrative venture? Prefer the answers from an actual lawyer?

Postby wendlesora » Sat Apr 09, 2011 1:13 am

Ok well I'm thinking of going to law school after high school, but I hear somewhere that some lawyers are on food stamps. I know there are multiple lawyers that specialize in certain cases such as corporate lawyers, divorce, law suit, prosecutor, defense attorney, etc. I'm not sure which job pays the highest but a friend told me it was the job of a corporate lawyer. Also, do lobbyists get paid more money? I hear there are lots of law firms, and lawyers can earn millions from mass tort cases. Or should I just stick to business and study stock price fluctuations?
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Is the job of a lawyer still a lucrative venture? Prefer the answers from an actual lawyer?

Postby alburt » Sat Apr 09, 2011 1:14 am

It depends. Unless you graduate from a top-tier law school, you will start off with a relatively average salary. At the beginning, you will be doing many clerical tasks considered to be "grunt work", and most of your time you will not be in the courtroom.

Until now, lawyers thrived on giving information that was not readily accessible to the public. Now, with the internet age and the miracle of findlaw.com, most individuals can access information that only a lawyer could provide in the past. Before choosing a career, you should base your decision on what skills will be valued over the next 40 years.

Lawyers will always be relevant, but their roles will change. Those at the top will always stay there. However, as technology advances, many ordinary lawyers will be reduced to ordinary paper-pushing individuals. Many new graduates will have trouble finding a job.

If you are truly passionate about law, then you will probably succeed because you will have the determination to do well. However, if you are interested in money, you should probably go into business and have a better chance of making money.
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Is the job of a lawyer still a lucrative venture? Prefer the answers from an actual lawyer?

Postby link » Sat Apr 09, 2011 1:15 am

If you are a good lawyer then it can be very lucrative. I am a recently qualified lawyer and I have been fortunate enought to have my talent noticed by the people who matter, setting me up for a lucrative career.
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