The Average Salary of a Corporate Lawyer
Corporate lawyers handle cases that involve business and industry. The average salary of a corporate lawyer varies depending on length of employment, education level, type of employer and area of specialty.
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Least Experienced
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Corporate lawyers with one to four years of work experience in the field earned annual salaries of $65,872 to $122,121 as of July 2009. The average salary range for corporate attorneys with five to nine years of experience was $94,573 to $147,977.
Most Experienced
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The income of corporate lawyers with 10 to 19 years of experience in the field was $99,842 to $170,733 in July 2009.
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Employer Type
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In July 2009, the highest paying employers of corporate lawyers were private legal practices, where attorneys earned maximum salaries of $158,271, while hospitals were one of the lowest paying employers with salaries of $147,518.
Specialties of Law
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The highest paying specialty for corporate lawyers was real estate in July 2009. Real estate attorneys averaged a maximum annual salary of $170,068. The lowest paying specialty was litigation and appeals with a maximum salary that averaged $146,838.
Education Level
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In July 2009, corporate lawyers with juris doctor degrees earned the highest average maximum salaries of $154,373 to $171,871. Those with a bachelor's degree in law earned the lowest maximum salaries at $102,789.
Benefits
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In July 2009, many corporate lawyers received additional benefits that increased their overall compensation packages, including 1.9 to 3.5 weeks of paid vacation time and average annual bonuses of $8,139 and $25,758.
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References
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- Photo Credit business woman's portrait image by Nikolay Okhitin from Fotolia.com
