The average London lawyer rakes in $1.1 million a year, ranking them in third place behind traders and bankers as the top earners in the City. According to research carried out by The Route City wealth club, bonuses in the legal profession can reach up to 32 percent of annual salary. The report shows that in peak earning years -- 36 to 40 years old -- legal professionals can expect to take home an average of $1.2 million. Over their working life span, lawyers can expect to earn over $19.8 million.
July 11, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The average City lawyer rakes in 572,800 pounds ($1.13 million) a year, ranking them in third place behind traders and bankers as the top earners in London.
Average earnings in the City rank the legal profession as the third-best payer, behind traders, who pocket an average of 1.45 million pounds ($2.86 million) a year, and bankers, who earn just over the 1 million pound ($1.98 million) mark, according to research carried out by The Route City wealth club.
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