Does family law make a good amount of money compared to other jobs outside of law?
Is it a good job in general? Not compared to other kinds of law.
Also, if you work as a family lawyer do you have personal time to have a family?
Ill tell you what I know.
The salary you make varies completely based on the market that you are licensed and practice. Most legal careers will pay you enough out of law school for you to pay off your student loans plus living wage. Once your loans are paid off you have more income from experience and no more loans means that you can live quite comfortably.
Family law is different from other kinds of law so it is impossible not to compare it to other kinds of law. Family law is usually not a salaried kind of position and usually you would be working for yourself – so there is no guaranteed income.
Family law is an area that you can charge a lot as far as hourly rate is concerned; if you are really good, and earn a reputation, for instance as a good divorce attorney.
Because of the fact that you are obviously working with families that could not reconcile to the point they would like to hire you for a couple hundred dollars a hour means that the situations that become your career can be emotionally tolling – much alike those that are felt by psychologists.
If you are an independent attorney working under your own name instead of for a large firm; you may find that your clients may not be able to pay their invoices because of the situations that they are in within their own lives that have warranted them needing a lawyer. And you can not get money out of someone that has no money. If you have the personality to become a family lawyer in the first place you probably aren’t the type to sue a recently divorced now single father for his assets to pay your $10,000 invoice.
On the other hand – if you chose a legal path such as real estate, or mergers and acquisitions – your clients are happy and they will always have the money to pay you – not to mention that your $10-20,000 fee is a drop in the bucket for their multi-million dollar real estate venture or multi-billion dollar acquisition. So the client is happy.
There are many things to consider… If you chose the first option; you can practice family law in just about any city or town in the United States. The second option requires that you work longer hours and live in a larger metro.
Also, keep in mind that it is very, very, difficult to get employment in a market different from where you got your JD. So if you go to law school in Colorado, per se, at a school that might not be internationally recognizably notable.. it is difficult to go to another city and practice law. The offices in the city you go to will be filled with law grads from that metro.
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Ill tell you what I know.
The salary you make varies completely based on the market that you are licensed and practice. Most legal careers will pay you enough out of law school for you to pay off your student loans plus living wage. Once your loans are paid off you have more income from experience and no more loans means that you can live quite comfortably.
Family law is different from other kinds of law so it is impossible not to compare it to other kinds of law. Family law is usually not a salaried kind of position and usually you would be working for yourself – so there is no guaranteed income.
Family law is an area that you can charge a lot as far as hourly rate is concerned; if you are really good, and earn a reputation, for instance as a good divorce attorney.
Because of the fact that you are obviously working with families that could not reconcile to the point they would like to hire you for a couple hundred dollars a hour means that the situations that become your career can be emotionally tolling – much alike those that are felt by psychologists.
If you are an independent attorney working under your own name instead of for a large firm; you may find that your clients may not be able to pay their invoices because of the situations that they are in within their own lives that have warranted them needing a lawyer. And you can not get money out of someone that has no money. If you have the personality to become a family lawyer in the first place you probably aren’t the type to sue a recently divorced now single father for his assets to pay your $10,000 invoice.
On the other hand – if you chose a legal path such as real estate, or mergers and acquisitions – your clients are happy and they will always have the money to pay you – not to mention that your $10-20,000 fee is a drop in the bucket for their multi-million dollar real estate venture or multi-billion dollar acquisition. So the client is happy.
There are many things to consider… If you chose the first option; you can practice family law in just about any city or town in the United States. The second option requires that you work longer hours and live in a larger metro.
Also, keep in mind that it is very, very, difficult to get employment in a market different from where you got your JD. So if you go to law school in Colorado, per se, at a school that might not be internationally recognizably notable.. it is difficult to go to another city and practice law. The offices in the city you go to will be filled with law grads from that metro.
References :
Invaluable retrospective experience.