While it can be difficult to determine who makes more money, it is important to know that some lawyers earn more than others. The high-performance attorneys have a strategy that involves omnipresence. They advertise everywhere potential clients look. In other words, when someone searches for an attorney, they will likely find several websites. They will then read reviews and decide to hire an attorney with 42 positive reviews. Likewise, attorneys making half a million dollars or more spend a great deal of time managing their reputations.
When it comes to compensation, lawyers earn slightly more than doctors. However, in the state of New York, a personal injury lawyer earns on average $82,049 per year. This average salary does not account for their expertise. Experienced attorneys, such as Jay Knispel, with 25 years of experience in litigation, can make much more than average. This experience is important to attorneys because they are often compensated for hours of work.
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Medical doctors typically make more than lawyers. According to the Bureau of Labor Statistics, an average physician makes $208,000 per year, compared to an average attorney’s $118,160. Lawyers, on the other hand, are paid an average of $118,160. Although medical salaries are higher than the average, they differ greatly from field to field. While some lawyers are paid much more than physicians, others may be compensated even less.