Which lawyers earn the most?


Highest paying specialism

Average salary

Investment Banking

£81,000

Compliance & Regulatory

£80,000

Antitrust, Trade & Competition

£78,000

Investment Funds

£75,000

Projects & Infrastructure

£73,000


Lowest paying specialism

Average salary

Employment & Pensions

£45,000

Public Law

£40,500

Civil Litigation

£39,500

Criminal Justice

£38,000

Personal Injury

£32,000

Source: 266 UK Associates with less than 5 years' experience

With the hit TV show 'Suits' showing lawyers to be the epitome of slick power and wealth, it may be that a larger than usual fresh raft of young graduates investigate the Law as a career. If money is part of their selection process when it comes to picking a specialism, which might incidentally help narrow down a best paying law firm, here are a few pointers:


Stereotypes still stand: Law associates working in Financial-related fields earn the most, while lawyers with public or individual clients get paid the least. Still, the gap is impressive : with the same experience and job title, personal injury lawyers earn x2.5 less than investment banking lawyers. High salaries in Compliance & Regulatory are a direct consequence of the financial crisis and the tougher financial regulations that ensued, with high budgets allocated by banks to either avoid paying fines or pre-empt legal entanglement.

 

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