mzade wrote:Do lawyers really make that much money? For instance, many lawyers work 50-60 hour weeks. The average law salary is about 130,000 a year. That comes to about 60 dollars per hour, which is nice, but not alot of money. Thoughts? Comments?
Some lawyers make a lot of money. The great majority don't. Law school costs have skyrocketed over the past 15 years so you can't really compare with current partners.
You also need to know that there is no reliable salary data for biglaw associates who leave biglaw. Biglaw salaries are only known because they are published and are lockstep. Many lawyers take large paycuts when they leave biglaw and end up with their highest salary at the beginning of their career.
Maybe NALP has some data locked behind a paywall somewhere but I've never seen it.