What areas of law are the most lucrative? One of the rules is that private law firms always pay more than public sector jobs. Bonuses are typically non-existent in public sector or judicial jobs while working in corporate law positions can offer bonuses, but typically not nearly as much as the private firms will offer. The potential upside, however can be very lucrative and is why positions in select private firms can be extraordinarily competitive. Partners in a 'top' law firm can pull in $500,000 or even $1,000,000 or more. For example, Pharmaceutical law, intellectual property/patent law, corporate law, commercial real estate, tax, regulatory compliance and complex civil and commercial litigation. The lower of these was for 'average' public sector and judicial positions and the higher for top law firms in national private firms. This shows the disparity...and importance of attending a top tier law school and for targeting private national firms if income is a primary objective for pursuing a legal education.
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