1. Columbia University—$128,860
With one of the lowest acceptance rates in the nation (13% in 2010), attending Columbia’s Law School pays off. Membership in this select club produces the highest salary on average. Columbia sends a large percentage of its graduates, 70%, to law firms, the highest paying sector of all law placements. Of those that go to law firms, Columbia places first, with 55%, for students working in firms of 501+ size, the highest paying sub sector amongst law firms.
2. University of Pennsylvania—$127,274
Located in the city of brotherly love, the University of Pennsylvania sends most of its graduates to New York, where they reap sizable salary benefits. The University of Pennsylvania had a high percentage, 64% of graduates, sent to law firms, where they were fifth with an average salary of $151, 609.
3. University of Chicago—$127,258
The University of Chicago has an impressive spread. It placed within the top 10 of our lists for each category: Law Firms, Judicial Clerkship, Public Interest, Business and Industry and Government. It even placed second in Judicial Clerkships with the average salary of $61,067.
4. University of Michigan—$127,159
Located in Ann Arbor, the University of Michigan wins out as the school that has the highest paid lawyers on average. The majority of its employed graduates, 52%, went to law firms, who earned $149,569. Of those that went to law firms, 62% ended up going to law firms over 501+.
5. George Washington University—$126,089
The oldest law school in Washington D.C, it is fitting then that George Washington University is number one in average salary for government employees with a salary of $72,509. Perhaps this good pay is a result of power in numbers–they also send the most graduates by percentage, 46% of their graduates, to Washington D.C.
6. New York University—$124,557
New York University is ranked #1 in Tax Law and International Law by the U.S. News Rankings—and their graduates get paid well to boot. New York University had the majority of its graduates (56%) go to law firms, for which it has the second highest salary of $155,729.
7. University of California, Berkeley—$119,530
Having one of the lowest acceptance rates amongst law schools, Berkeley Law also has produced some well known leaders in the field from attorney generals to chief justices. It’s not surprising then that Berkeley scored well within the top ten of Law Firms and Judicial Clerkships and second for salaries for Government employees at $65,375.
8. Harvard University—$119,090
Always ranked amongst the top schools, it goes without saying that Harvard Law is a prestigious program. With a long history of successful graduates, Harvard lawyers are compensated accordingly. Harvard placed 3rd in law firms with a salary of $153,738 and 1st in Business and Industry with a salary of $125,771.
9. University of Southern California—$118,684
With a long history in the southwest, the University of Southern California Gould School of Law keeps most of their graduates—73%–in sunny California, where they make a pretty good living. University of Southern California had a particularly strong showing in both the government category with a salary of $60,123 and business and industry category with a salary of $81,834.
10. Boston University—$110,442
Boston University sent a good percentage of its graduates to law firms, with the highest percentage going to firms of size 501+. Their highest reported salary is $175,000 from a lawyer working in a firm of 501+. If the high salary doesn’t attract you, another fun fact—Boston University Law is conducted out of one of the tallest law buildings—the Law Tower—at 256 feet, 18 stories.
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