12 Ways in Which Law Students Can Make Money (A 4000-Word Gold Mine

With 15+ Resources)

Ever had a cash crunch? Be it the out of budget fashion accessory to the gourmet food of your
favourite café, no one likes being broke. Of course, there are various non-legal options available to
make a quick buck, but ask yourself the question: What if I built my CV, while working a job?

Striking a balance between enhancing your CV and getting a good stipend isn’t as hard as you think.
Listed below are various such opportunities that you can benefit from as a law student. As the order
progresses, the experience requirement also increases, and so do the returns:

1. Become a Para Legal Volunteer

As you enter law school, the Legal Services Authority might try to recruit the freshers into
their Para Legal Volunteer (PLV) Program. If they don’t, you can contact the nearest authority
about the same.
This method works depending on the way the Legal Services Authority in the court near to you
works. The Different Legal Aid Authorities contact law schools and their legal aid cells to hire Para
Legal Volunteers that are then given tasks like awareness drives, assistance in Lok Adalats etc.

These work very well for people aspiring to study abroad in the future as this is a social work of a
sort. The stipend is provided on a per-day basis, if at all, so even if it seems quite generous for a
day’s work, the scarcity of regularity in this work makes the pay occasional.
However, you will be reimbursed for the expenses borne by you for this Para Legal Work. Another
factor is that the payments are sanctioned by the concerned authorities before reaching your bank
accounts. This lag in the payments can be of days as well as months.

The hiring and training of the Para-Legal Volunteers(PLVs) are done due to the scheme for the same
launched by the National Legal Services Authority(NALSA).

The document with all the details about the scheme can be found here.
The summary of the process through which a student is hired by DLSA(Dwarka Legal Services
Authority), though, is this:

 The Head and/or the Legal aid cell of the college is contacted to hold a training session for
freshers who are interested in becoming a PLV.
 A date for the PLV training is announced and registrations for the same are opened up.
 Usually, a two-day facilitation and training program is held within the campus, where
representatives of various legal authorities, as well as authoritative people, enlighten the
students about various legal issues.
 At the end of the two days, the students are declared to be Para-Legal Volunteers.
 You will be contacted whenever an opportunity for PLVs comes up.
Even if you get work only once or twice, it is quite nice to be registered as a PLV. In addition to better
qualifications, you also get to help people in need and gain valuable experience.

2. Work-from-Home Internships (moving from free to paid

assignments)
As law students, you have to write. It’s better to take up this activity at the earliest and gear up for
the future. There are a plethora of legal startups out there who offer work from home internships.

You will surely not receive any stipend, exceptional cases aside, in the general course. Work for these
organisations to build your CV enough to be accepted for the actual paid work.

Working for free is a just a strategic manoeuvre to understand the way blogging works. Once you
get a grip on this, you can move on to the next step.

As your credibility builds up, start asking for a stipend for the work. While this does not have a 100%
chance of working, you will know your current standing and can figure a way forward from here.

3. Legal Blogging/ Content Writing

I can’t possibly stress enough how many times I have been told that writing is what counts. Reading
lets you gain knowledge, listening further adds to the pool, but writing is necessary to fortify that
knowledge. Legal Blogging as a career has been around for quite some time now. The same goes for
content writing.
Now, some may think that it appears dull on the outset, but it is the best way to keep yourself
updated and engrossed in the developments of the legal world. It is also known that frilly language
has no value outside law school as all it creates is technical jargon.

The blogs you write will be seen by various people. You can even put these in your CV as a legit
research activity. Thus, blogging helps in personal development as well as CV building.

There are two ways you can approach Legal Blogging:

First. Write for a popular blog: The top ten legal blogs in India have their daily visitors in lakhs
right now. They upload new articles daily. And these articles are all written by people no different
than us. Usually, such blogs pay people on a per view basis, giving them a commission from the ad
revenue earned.
But there are blogs that pay a fixed amount per accepted post out there as well. To write in a popular
blog, you need to have a considerable skill as well as experience in writing.

The common problem faced here is that you will get a very low per blog income if you get any at
all. Even blogs like Live Law pay ₹100 initially per article rise it to around ₹300 after the person
becomes a regular as has been told by one of the regular writers.
But still, you can earn decent money and get a lot of writing experience if you set weekly targets and
achieve them. Since law students usually remain underpaid for their services in this field, you can
prioritize the prestige of the blog you are writing for. Some of the blogs worth writing for are:

1. Live Law.in – stipend mentioned above. (₹100-300 per blog)

2. iPleaders.in – They usually provide blog/content writing internships that aren’t work-from-
home. The stipend of ₹5,000 is only given on writing 50 publishable articles. However, a
minimum of 10 articles needs to be written to qualify for certification.
3. Legally India.com
4. Bar and Bench.com
You can expect the average per blog income to be near ₹300 at such blogs. Beyond blogs, work at
content writing jobs that are posted online will earn you not lower than ₹5000 per month with
reasonable time to be put in.

Content writing jobs are repetitive and usually only available through such job posts, but jacks and
referrals never hurt anyone. The best part about these is that the pay ceiling is way higher than
blogs.

Beyond blogs work, this article on content writing jobs in Delhi is worth a read.
You will build your writing skills further after pursuing these opportunities. Now, you can write a
good article in a respectable time. It is time for you to start your own blog(if you didn’t have one all
along).

Second. Start your own blog. You can acquire a free domain from any of the hosting sites and start
writing your own blog. If you are able to get respectable views, upgrade to a plan that lets you
advertise and start earning money.
Managing your own blog is a gruesome process with a lower success rate, but if you are successful,
you might not even need to build your CV anymore.

To write legal blogs you first need to know the norms for the same. While the person who hires you
will provide you with guidelines and tips, you need to know of the common practices.

American Bar Association, in 2010, attempted to outline the most necessary practices to follow
while writing legal blogs. These are the tips to follow:
 Give legal provisions not legal advice.
 Write either in layman language or legal jargon with explanations.
 Remember who the blog is intended for.
 Focus on Quality of the content and its usefulness- It’s not your term examination paper.
 Write about concepts familiar to you, or research till they are.
 Provide unknown but important information.
 Follow the theme set for the blog: A family law article on an IPR blog makes no sense to the
viewership.
How to start your own blog?
Now, if you are actually interested in going down this road, you need to know all the basics about
blog management and writing.

Formation of a Blog: We are making a legal blog here, this type of blog usually gets updated with
articles criticising the problems prevalent in the country, analysis of different endeavours, legal news,
structural analysis of concepts etc. To successfully make a blog, a very simple procedure is required:

Making a Blog
This section focuses solely on making a blog known by many. It is only concerned with steps for
viewership.

 Make an account on wordpress.com.

 Choose a name for your blog. eg. Lawctopus.com, Bar and Bench, MetroLegal etc.
 Take the free package to test out the waters.
 Customise the website design through the templates available.
 Choose the blog header image and/or the blog logo. – this defines the brand that your blog is.
You can either make one or get it made.
 Your free blog website is more or less complete. Now is the time for some marketing.
 Make a page for your blog at various social media platforms- Instagram, Twitter, Facebook.
Regularly update them with links to new blog posts.
 Share the pages to all your contacts and periodically monetise them if you find that traffic does
increase on monetization.
 Write content people want to read. It should include contemporary issues or highlight
previously unknown facts for it to attract viewers.
  If people like what they read, they are bound to add you to their feed.
Writing the Blog Posts
Knowing what to write requires experience. It is a process of trial and error to find the sweet spot
between what others like and what you find doing justice to the topic. The types of blog posts
encouraged are:

 In-depth answers to contemporary legal questions

 How to articles: follow a step by step approach(like this blog you are reading)
 Interviews
 Case Studies
 Analyse/ describe legal changes: legislative and judicial
 Analysis of trends and Industry news
This website is great for bloggers to give a read.
4. Participating in Various Competitions
It is better to start participating in competitions early on in your student life. The level of confidence
and professionalism built with it, and the links made, are priceless.

There is a long list of competitions that provide huge prizes for the winners:

 Moot courts/ Mock Trials

 Essay/ Judgement writing competitions
 Parliamentary Debates / Regular Debates
 Client Counselling Competitions
These are just the popular ones of the long list of competitions that various Law Colleges and
organisations organise throughout the year. There are law fests that comprise all/ most of these as
well.

The problem with these, though, is that the ones getting the prize and glory are limited.
Furthermore, participation carries no or little value in your CV, even though the experience is
invaluable.

There are a lot of ways for a law student to build their budget as well as CV at the same time in
recent times. Doing so does require a certain level of discipline, but what doesn’t? Picking out the
one that best suits one’s interests and calendar, though, is a must.

5. Maintaining a Freelancer Profile

Get registered on LinkedIn, Freelancer.com and any other site that catches your fancy. The
freelancing websites are updated with an inhuman amount of work, that doesn’t always require a
lawyer to do. It is a temporary and unforeseeable route, where the wait for work is not known. But
parties here are serious about their work.
The work can range from drafting to legal advice, to checking for errors. You have the choice,
whether the work is worth your while. Most of the activities listed in this guide are freelancer work.

6. Representing Parties in Court

This might seem puzzling, but yes, you can represent other parties in specific courts even if you are
not a registered advocate. More specifically, you can do this in a consumer court. Fighting for a party
for a small percentage of the relief received as a commission will build your litigation skills as well.

This is a rather unconventional method and it’s up to the discretion of the judge to let you do this as
well. But it sure is worth giving a try.

This field has been slowly gaining popularity. Recently, Chanakya Sharma, a student of RMLNLU,
Lucknow, UP appeared in before the consumer forum in Jaipur, Rajasthan for a senior citizen for just
Re. 1. The battle that drew out for 2 years, ended just days before writing this article, i.e. on
20th August, 2018.
He appeared on behalf of this person so as to help him to fight the injustice that was committed
against him, regarding unintimated changes in a security scheme that was invested in by the client.

Read the full article here.

Also, law students are filing consumer cases on receipt of bad quality items, be it electronics, or
consumables. A law student recently helped a person in their consumer court proceedings regarding
a faulty ‘refrigerator’ and took 10% of the total relief received, which included additional damages as
well as interest, the parties to the dispute were more than happy with the relief received.

7. Preparing case briefs

Finding a busy lawyer that you are comfortable with for work, and making them value you enough to
pay you is the only ordeal in this line of business. Your work quality will need to be top notch for this,
and that quality will be derived from your experience in the past internships.

You WILL have to work for free in the start till you figure out the correct method for you. After that,
your price is up to you.

8. Ghost-writing books
Ghostwriting is when you write for someone else, and it ends up as their work. They will provide you
with the insights and their take on what the content should be like. It’s your job to meet their
expectations.

People pay high for doing all of the physical labour while ensuring quality and being discreet about
it. If you can take away most of the grunt work from them, and do a good job at it, you will be very
surprised by how much money you can make.

9. Conventional Methods- Part-Time Internships and Research

Assistants
Pursuing Part-Time Internships has been an age-old method of earning money while learning the
law. Going to the chambers of an advocate after school’s out and working late. You get a monthly
stipend and have smartly made use of time that might have otherwise been wasted.

When you gain enough experience researching the law, you become capable of assisting a lawyer in
their work. It might provide you with a slightly higher pay, and you might even be allowed to work
online. It is another conventional method that senior law students prefer. And it does have relevance
to your CV.

You can follow the methods listed for scoring drafting work here as well. Look for the internship
section on the websites mentioned for part-time internships. The Job and internship posts include
details for stipend as well. The other option is to contact the lawyers personally and ask for work.

It is also recommended to try to stick with one advocate once you find the right one. It will not
only diversify your experience (as the lawyer starts entrusting you varied work) but can be helpful for
future prospects as well.
Sticking to one chamber will make you learn most of the ways of that court, and you can just start
working at that place itself after graduation. There also is a chance that you get a better stipend after
you become a regular and start helping with more intricate stuff.

With the increase in difficulty, so does increase the money made and the responsibilities. After
gaining enough experience, sometimes when a person needs to fuel up their money tank, the
following opportunities serve them well.

10. Provide Legal Advice to Startups

With our Pro-Startup government, learning the provisions and procedures concerning startups goes
a long way. You can either provide consultancy services to many or join as the legal advisor of one.
Helping them along the way, through every step, will be a boon to both your pocket and CV.

While there is no surefire way of getting a hold of any startup, some of the better methods are these:

Quora (and related sites)

The concept of forums is not new. And neither is Quora, which will soon be a decade old. You answer
the query of a person, with the knowledge you possess. If you have a way with your words, and of
course the requisite knowledge, you can attract multiple views to your answers.

Find questions posted by startups, answer them in an attractive manner, and add your contact along
with an advertisement of yourself at the end of your answers, and in no time will you have a network
of prospective clients. After all, it is all about proving yourself.

Work with other people in the same field

There are many ‘startup lawyers’ out there. Find one and start working with them while slowly
building rapport. Prove yourself useful to both parties and find references for individual clients.

Looking for Job Posts

The sources for finding opportunities mentioned in the first point can very well be used to find
startups as well. There also exist additional sources: websites
like LawRato.com, Legistify.com, Vakilsearch.com, and many others provide various opportunities
for people to get in contact with lawyers.
However, these sites prefer lawyers as they want to maintain a certain level of quality in their services.

Work From Home(Paid)

Working remotely and getting paid doing so is a statement on its own. Once you have enough stars
in your CV, its time you start asking for what you deserve.

You can start looking for these opportunities at these places:

Job Posts on Lawctopus itself, Live Law, and Legally India are worth keeping track of. There are
other Blogs out there with job posts as well, but it is common knowledge that well-known places are
where both the parties are most likely to meet.
Internshala is a place where you will be able to get a plethora of drafting internships. The problem is
that from a pool of various aspiring candidates and relatively scarce viable opportunities, you need
to stand out head and shoulders above the rest to have a decent chance of scoring an Internship
early on.
You also have the option of personally contacting the interested parties but this is subject to
individual ability and resources more than something that can be taught.

Find only that work which requires the hours that you will be able to put in weekly. Get a reasonable
stipend. The work will give you contacts, cash and calibre. At this level of expertise, the time allotted
for work by you will be limited and the reward derived from it would be greater.

11. Drafting and validating contracts

If you have ever worked for an advocate, you know what drafting is. Typing down those pages is no
easy task. Even practising lawyers have a tough time properly drafting a contract. However, if you get
a hang of it, you can pretty much say goodbye to pocket money troubles.

To legally draft a contract, there are no educational qualifications necessary.

You just need the knowledge required for one which you can gain either through rigorous training
under a successful lawyer, which can be done by finding a nice internship (through methods listed
below), or by joining an online course. If you just learn to draft just the most common types of
contracts, it will suffice. These are as follows:
 Leave and License Agreement
 Memorandum of Understanding(MOU)
 Confidentiality and Non-Disclosure Agreement/ Non-Circumvention
 Lease Deed
 Partnership Agreement
 Employment Agreement
The online courses have been subject to scrutiny for quite some time now. There has also been a
controversy recently as two major sources of online diploma courses – GNLU and NUJS were
debarred from providing such courses. The University Grants Commission (Online Courses or
Programmes) Regulations, 2018 set these restrictions on offering of such courses.

Job Posts, internship posts and other such requests can easily be found on the web. Sometimes
people are just looking for someone to amend their standing agreement. It is a faster and efficient
method to earn money than many others. If you have a base template lying around, your job
becomes even easier.
12. Coaching for Entrance Exams

Not all ways to earn money and knowledge will have a relevance to your CV. However, these are still
very beneficial to a law student. One of the highest paying jobs a person can have in this field is one
of the competitive exam coaching. Some even call it the ‘goldmine’.

When you crack a competitive exam to enter a reputed law college, you create an opportunity for
yourself to use this knowledge to teach others for the same.
You have already proven yourself by cracking it, so the people aspiring will listen to you. Coaching
others will act revision of important terms for you, and will earn you big bucks if you call your shots
right. This can be done in the following ways:

Personal Coaching
You can individually tutor a prospective law student at their home. Provide them with the relevant
material, mentor them to understand all the aspects of the exam, drill them with multiple questions
and time limits.

One to one coaching has benefits for both the tutor and the student. The tutor will always be
confident whether the student is learning something or not. They will be able to choose methods
that are the best for that one student, giving a degree of flexibility to the teacher.

With the correct idea of the progress, proper rapport is also built between the teacher and student.
The student will benefit from this by always getting appropriate attention and availability of the tutor
for doubts and questions. The travel time to the Institute of the child is also saved.

This type of coaching yields a considerable amount of revenue. You can ask for more than ₹10000
for one student. Usually, the most popular way to do this is using Urban Clap or Urban Pro to find
prospective students. However, you can explore options like other online services or finding
someone through personal contacts.
The biggest advantage that you gain through personal coaching is that you can choose timings
suitable to you. Your schedule can be more flexible for other important events because of this.

Centre Coaching
Becoming a teacher at a CLAT coaching institute isn’t suited to everyone. This usually is in favour of
those that have the time to take regular classes during even timings and possess enough knowledge
to answer the questions of a whole batch of students.

Usually, people who have completed their LLB and are preparing for CLAT for LLM prefer this way.
The general pay for an inexperienced teacher is about 70,000 per month, provided that you go to a
fairly reputable coaching centre and are able to persuade them that you are worthy of being a tutor
at their institution.

This is one of the best ways to make a lot of money while refreshing your knowledge pool. The catch,
however still is that you just cannot walk in and start teaching. You need to have a knowledge pool
to begin with.

Such training institutes usually run on the individual goodwill of the teachers they advertise to have
employed. This makes you the commodity they are selling. Therefore, it might not be the way to go
for all of the people.

Online Coaching
This new method of coaching people has been catching on recently. Prime examples being apps like
BYJU’s and UnAcademy, the idea of using video conferencing and note distribution in advance works
in favour of all the parties to this method.

The pre-requisites are almost the same as online coaching so, again, this method also shall be
preferred more by the people doing their masters or PhD

What to expect when you start a restaurant

Restaurants in their first year of business should shoot to break even financially, at best. Restaurant
profitability is a longer-term proposition. This is great advice for first-year lawyers, too. Establishing a legal
practice is hard work, and lawyers don’t make money right away. Like a restaurant, new lawyers should
expect to cover their expenses the first year before making any profit.

One note about the definition of “break even.” Covering your costs includes the cost for labor, including
paying yourself if you’re a solo practitioner. At times, a solo practitioner may forgo paying
themselves, effectively robbing Peter to pay Paul. Consistently failing to pay oneself, or worse, not even
accounting for one’s salary in a business projection, is bad business. The lawyer occupies an important
and central part in a law practice, particularly a solo one, and should be compensated, just like
accounting for any other part of the practice, such as administrative work, technology, physical space,
etc.

Give it away, now

Restaurants’ margins on beverages are significant. A cup of soda costs a restaurant 20¢, a cup of tea is
five to seven cents per serving. Consequently, the markup on a drink can be between 200-300%. That’s
why restaurants have little problem offering bottomless drinks. Once the customer has paid for the drink,
they have to consume a whole lot to get their money’s worth. This creates a real sense of value to the
consumer while allowing the restaurant to maintain a healthy profit margin.
Law firms would be wise to identify the equivalent of the beverage. What does the firm have that can be
virtually given away without costing it a lot of money? For some, perhaps it’s simply an auto-respond
email that acknowledges the receipt of a document or email and briefly describes next steps. For others,
perhaps it’s a list of do’s and don’ts or best practices for a given situation that the firm long ago created
and is used over and over. The marginal cost of providing the information to the client is minimal, but the
perceived value to the client could be significant.

Flat is the new black

Beverages are a great example of the fact that restaurants do not earn the same amount of profit on
every item they sell. Overall restaurant profit depends not upon making the same amount on every item,
every consumer, or even every table, but instead on the right mix of items and their “mark-up.”

Attorneys can’t think of fees in terms of “mark-ups.” Their fees must be reasonable to pass ethics muster.
That said, most lawyers are pretty uncreative when it comes to how they charge that reasonable fee.
While nearly all jurisdictions allow lawyers to deliver flat-fee unbundled services, with many jurisdictions
actually having issued ethics opinions that establish clearer parameters around how to do it, most lawyers
still opt for the old revenue standby: the billable hour. While lawyers generally make the same amount of
profit on each unit of billable time sold, they also never have the opportunity to make more profit than that.
Taking a page from the restaurant business, lawyers may be able to grow their business and their profit
by using flat-fee services. Let’s take a family law practice; this example is admittedly oversimplified but it
also comes from a real-life example of a thriving family law practice that uses only flat fees. A law firm that
takes a large volume of uncontested or or lightly contested divorce cases for a reasonable fee that offers
them a healthier profit margin can still stay afloat when they are required to engage in expensive litigation
in which the firm breaks even or loses money.
Are you McDonald’s or Spago?
It turns out that fancier restaurants have a lower profit-to-operation cost ratio than fast food joints. For the
non-math nerds out there, this means that fancy restaurants generally make less profit than lower-brow
ones. This is because, among other reasons, fancier restaurants have expenses that cheaper ones do
not, such as laundering and replacing table cloths and napkins, as well as cleaning dishes and silverware.
This is quite remarkable, because the mark-up on alcoholic beverages, a staple at fancy places, is even
higher than that on soda and tea discussed above.

One need look no further than the fast-food phenomenon Shake Shack for economic evidence of the
profit-to-operation disparity between high-end and low-end restaurants. Shake Shack was intended to be
a one-off shack in Madison Square Park, started almost as a philanthropic endeavor by New York
restaurant magnate Danny Meyer. Meyer was a successful high-end restaurateur with a portfolio of a
dozen or so restaurants, who was participating in the redevelopment of Madison Square Park. However,
the little shack succeeded far beyond expectations and has grown into a publicly traded business with
more than 60 locations; the largest business in Meyer’s Union Square Hospitality Group’s restaurant
empire.

Lawyers may find thinking about their practices like McDonald’s distasteful (no pun intended). That’s fine.
High-end restaurants make money too. The key for a law firm is understanding which kind of firm they
are—high-end or low-end—and then designing marketing and business operations to attract the right kind
of clients and to service them according to that model. A high-volume family law practice with high
profitability numbers (like the one described above) shouldn’t be providing clients with the legal equivalent
of cloth napkins and tablecloths—in law firm land, maybe that’s lots of attorney face time and unlimited
phone calls. Similarly, a white-glove firm with lower volume but better-heeled clients can afford to give
clients better “service,” and may be more interesting to an attorney who gets the opportunity to engage
directly with clients and handle intricate legal issues more often, but should not necessarily expect the
higher profitability numbers that come with a high-volume practice.

Yes, foodservice may be an unglamorous industry, especially to those who went to law school with
dreams of the ivory tower, or the wood-paneled skyscraper. However, well-run restaurants have much in
common financially with well-run law firms—from start-up, to freebies, to branding and operations. So, the
takeaway for lawyers seeking to grow their practices? Think a bit more like a restaurateur.
1. Teaching. Your 1L legal research and writing instructor was most likely a practicing
attorney, so why not check with your local law school's career office for potential
openings? You may also want to consider teaching opportunities at an unaccredited law
school, or even teaching a law-related class at a community college.

2. Tutoring. The LSAT and the bar exam, especially bar-exam essays, can be particularly
lucrative practice areas for lawyer-tutors. Of course, private test-prep companies can
also use a few lawyerly tutors for tests like the GRE, SAT, and ACT.

3. Writing and editing. If you're a solo practitioner or part of a small firm, you probably
have a legal blog to drive traffic to your firm's website. (If not, FindLaw's Lawyer
Marketing experts can help you set one up.) But lawyerly writing skills can also be put to
work by blogging for other websites, writing an e-book, or editing a variety of
publications.

4. Hosting a legal call-in show or podcast. Even if you don't get paid for this, going on
TV or the radio to share general legal knowledge can potentially drive clients to your
firm. Podcasts can also pay through ad revenue, although the competition is fierce, so
expect to put in significant time to be successful.

5. Mediating disputes. ADR isn't just for retired judges. Practicing lawyers with negotiation
skills can also get into the game as neutral arbiters for a variety of cases and disputes.
You can also look into becoming a small-claims or temporary judge, which
typically requires at least 10 years of law practice.

6. Becoming a sports referee. Speaking of resolving disputes, who better than a lawyer
to make judgment calls when it really counts? Ed Hochuli, now retired, was a trial lawyer
in Phoenix while becoming nationally known for his lengthy explanations and even larger
biceps. If the NFL is a bit out of your league, a local pee-wee program may be a good
first step.

7. Consulting for Hollywood. Lawyers' lives are filled with drama, so it's no surprise that
lawyers have landed gigs as consultants for movies and TV shows with legal plotlines. If
your practice is particularly dramatic, perhaps you can just sell the rights to your story.
Here Are The 5 Types Of Lawyers That
Make The Most Money
Nat Berman 1 Year Ago

It’s kind of strange that some lawyers seem to be very wealthy and others are struggling
to make ends meet. Unless you’re familiar with the industry it may be hard to understand
the disparity in the amounts of money that one lawyer makes over another. The truth of
the matter is that lawyers can choose to specialize in certain areas of law practice similar
to how physicians have different specialties and the pay scales are a lot different. With
this in mind, here are the five types of lawyers that make the most money.

5. Corporate Lawyer – $98,822 annually

Corporate Layers make an average of $98,000 annually, but some of the more successful
ones can make well into the triple digits in their salaries, while some make as low as
$66,000. The average is $98,000 per year. A corporate lawyer provides clients with
counsel on legal matters pertaining to a variety of different business transactions
including the sale of businesses, acquisitions, and mergers. They perform a lot of contract
preparations and read through offers to ensure that the legalese is in the best interests of
their clients, which are usually corporations and businesses. They also assist in the
creation of new companies, draft myriads of contracts, they assist in sourcing venture
capital, in the selling and purchase of ownership interests and a variety of major business
transactions. Lawyers working in corporate law possess a high intellectual level with a
keen knowledge of the law as it pertains to business and the corporation as well as
impeccable client skills.

4. Tax Attorneys – $99,690 annually

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Tax Attorneys make between $80,000 and $105,000 annually with an average annual
salary of $99,640. This type of attorney represents an organization when they are dealing
with government taxing agencies which include federal, state and local entities. Tax
attorneys are responsible to their clients for the preparation of legal documents that
involve liabilities and for developing plans that help in saving taxes. The tax structure
within the United States is an ever-changing animal and tax attorneys are required to stay
on top of all changes to the law as they are enacted and when they are proposed. They
must know if and when proposed changes to the law are scheduled to take place. This
requires constant research and study in addition to their day to day responsibilities. Tax
lawyers must complete a Juris Doctor degree and must be admitted by a state bar. They
must also have previous experience as the leader of a department with between 2 to 4
years of experience in the tax arena.

3. Trial Attorneys – $101,086

The trial attorney must have a strong and comprehensive knowledge of the law. They are
also charged with the responsibility of staying abreast of current trends and changes to
the law as they occur throughout the length of their careers. New cases may set
precedents that they must be familiar with when addressing certain aspects of the law.
They must have keen instincts and be able to spot small details that could have a
significant impact on their cases. They must be able to think on their feet, organize their
thoughts and incorporate new information while formulating a plan or strategy while
speaking in many cases. The best trial attorneys are confident and know the law inside
out. They understand how to work within established laws and how to use precedents to
influence the outcome of their cases from a legal perspective. They must also possess
impeccable verbal and writing skills as they spend a great deal of time divided among
speaking and writing to others in matters that pertain to the trial. They must also maintain
a sharp memory for remembering significant facts that may come in handy during a trial.
They must not only be artfully persuasive, but they must also maintain legal accuracy
when stating their cases.

2. IP Attorneys – $140,972 annually

IP is short for Intellectual Property. These are the second highest paid attorneys in most
cases. There are three separate categories within intellectual property law that they must
be well-versed in and aware of. These are patents, trademarks, and copyrights. There is a
high earning potential for intellectual property lawyers because there are times when the
facts regarding intellectual property are hard to dissect and prove evidentially. This type
of layer typically deals with patents that protect inventors rights and prevent others from
infringing on these rights by making similar products or inventions for the period of time
that the patent is in force. The application process for a patent can be quite challenging,
even for IP attorneys and their expertise on the matter is in high demand.

1. Medical Lawyers – $150,881 annually

Medical Lawyers typically make the highest yearly salary. This type of lawyer provides
their clients with a variety of legal advisement and services related to medical law. This
includes the areas of health care law, personal injury, medical malpractice and a variety
of other related areas. Medical lawyers generally represent health care clinics and
hospitals.

http://ccla.telangana.gov.in/upLoadActs.do?method=acts