The American Bar Association's 2024 "Profile of the Legal Profession" study reveals a significant rise in average lawyer pay from $148,030 in 2021 to $176,470 in 2023, marking a remarkable 19.2% increase. This jump is notable as it far exceeds the 13% rise in the Consumer Price Index during the same timeframe, signaling that legal professionals are seeing robust salary growth despite broader economic fluctuations.
The highest-paid lawyers in the U.S. can be found in Silicon Valley, specifically San Jose, where the average salary reaches an impressive $268,570. This figure underscores the disparities in lawyer compensation across different regions, highlighting how geographical factors influence earning potential in the legal profession.
#legal-profession #salary-increase #average-lawyer-pay #american-bar-association #geographical-disparities
Collection
[
|
...
]