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Stat(s) Of The Week: Lawyers’ Rising Pay – Above the Law


As
noted
in
a
recent
report,
average
lawyer
pay

not
including
profits
for
law
firm
shareholders

saw
the
biggest
two-year
increase
of
the
century
from
2021-23. 


The
American
Bar
Association’s
2024
Profile
of
the
Legal
Profession

study
shows
that
the
average
lawyer
salary
grew
from
$148,030
in
2021
to
$176,470
in
2023,
citing
the
U.S.
Bureau
of
Labor
Statistics. 


This
19.2%
jump
far
outpaces
the
13%
rise
in
the
Consumer
Price
Index
over
the
same
time
period.


The
highest-paid
U.S.
locale
is
in
Silicon
Valley

San
Jose,
which
has
a
mean
wage
of
$268,570,
according
to
the
report. 


The
ABA
Journal



has
a
detailed
summary
of
the
findings



Where
have
all
the
lawyers
gone?
25%
are
in
these
2
states
with
higher
pay
than
$176K
average

[ABA
Journal]

ABA
Profile
of
the
Legal
Profession
2024

[American
Bar
Association]




Jeremy
Barker
is
the
director
of
content
marketing
for
Breaking
Media.
Feel
free
to email
him
 with
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