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most lucrative area of law
Posted: Sun Dec 15, 2013 6:01 am
by jpirah
What is the best area of law to study in terms of compensation??
Re: most lucrative area of law
Posted: Sun Dec 15, 2013 6:52 am
by Sirs_LMNOPQRS
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!
Re: most lucrative area of law
Posted: Mon Dec 16, 2013 11:54 pm
by rduffy5
Subrogation = $$$
Re: most lucrative area of law
Posted: Tue Dec 17, 2013 12:02 am
by McGruff
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.
Re: most lucrative area of law
Posted: Tue Dec 17, 2013 12:03 am
by gaud
Dog bite law.
Re: most lucrative area of law
Posted: Tue Dec 17, 2013 12:12 am
by ggocat
Plaintiffs' PI. Maybe not average, but certainly high upper limit.
Re: most lucrative area of law
Posted: Tue Dec 17, 2013 12:16 am
by brotherdarkness
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Re: most lucrative area of law
Posted: Tue Dec 17, 2013 12:18 am
by reasonable_man
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.
Re: most lucrative area of law
Posted: Tue Dec 17, 2013 12:18 am
by rad lulz
Plaintiff class action / mass torts
Just do Joe Jamail bro
Re: most lucrative area of law
Posted: Tue Dec 17, 2013 12:22 am
by brotherdarkness
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Re: most lucrative area of law
Posted: Tue Dec 17, 2013 12:28 am
by reasonable_man
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...