most lucrative area of law

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jpirah
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most lucrative area of law

Postby jpirah » Sun Dec 15, 2013 6:01 am

What is the best area of law to study in terms of compensation??

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Sirs_LMNOPQRS
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Re: most lucrative area of law

Postby Sirs_LMNOPQRS » Sun Dec 15, 2013 6:52 am

It varies a ton obviously, but I think that partners at big firms in Silicon Valley who do IP law are among the highest paid lawyers around.

http://Www.Lawschooltransparency.com and http://www.abovethelaw.com have more detailed info. Hope this helps!

rduffy5
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Re: most lucrative area of law

Postby rduffy5 » Mon Dec 16, 2013 11:54 pm

Subrogation = $$$

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McGruff
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Re: most lucrative area of law

Postby McGruff » Tue Dec 17, 2013 12:02 am

The thing is, within a particular practice area, those lawyers who are more highly paid are going to be the ones that are better at it, generally speaking. For that reason you should think just as seriously (or more) about what area of law you will be good at (which is related to what you think you'll find the most interesting/rewarding) as about what area of law would, IF YOU WERE GOOD AT IT, pay best.

That should kind of be a given, though, since if you're not planning on really wanting to be a lawyer of one kind or another and you just plan on slogging it out for the paycheck, you've got a grim battle and would probably have been better off going into some sort of financial industry.

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gaud
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Re: most lucrative area of law

Postby gaud » Tue Dec 17, 2013 12:03 am

Dog bite law.

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ggocat
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Re: most lucrative area of law

Postby ggocat » Tue Dec 17, 2013 12:12 am

Plaintiffs' PI. Maybe not average, but certainly high upper limit.

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brotherdarkness
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Re: most lucrative area of law

Postby brotherdarkness » Tue Dec 17, 2013 12:16 am

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Last edited by brotherdarkness on Fri Jun 27, 2014 11:59 pm, edited 1 time in total.

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reasonable_man
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Re: most lucrative area of law

Postby reasonable_man » Tue Dec 17, 2013 12:18 am

brotherdarkness wrote:
ggocat wrote:Plaintiffs' PI. Maybe not average, but certainly high upper limit.


Agreed. The rainmakers here are pulling in far more than the biglaw partners.


Yes. A really good plaintiff attorney (i.e. someone that gets good cases on a consistent basis) earns substantially more than a big law partner.

rad lulz
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Re: most lucrative area of law

Postby rad lulz » Tue Dec 17, 2013 12:18 am

Plaintiff class action / mass torts

Just do Joe Jamail bro

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brotherdarkness
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Re: most lucrative area of law

Postby brotherdarkness » Tue Dec 17, 2013 12:22 am

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Last edited by brotherdarkness on Fri Jun 27, 2014 11:59 pm, edited 1 time in total.

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reasonable_man
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Re: most lucrative area of law

Postby reasonable_man » Tue Dec 17, 2013 12:28 am

brotherdarkness wrote:Which do you guys think is more difficult: becoming a rainmaker plaintiff's attorney or making partner at a V10?


Both pretty damn hard and both are pretty low percentage chances...




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