[lbo-talk] Punitives and Attorney Pay

[andie nachgeborenen]

OK, I was wrong, so we as a  profession are doing
better than I thought. It still doesn't affect the
basic point I was making, that the prospects for
contingency fees from cases where punitives are
possible make it more like that those cases will be
brought. So the adovocy of having those fees paid to
the govt means advocacy of a position that would mean
less representation for poorer people injured by
government, corporate, and employer misconduct.

--- Doug Henwood <dhenwood at panix.com> wrote:


> info at pulpculture.org wrote:
> 
> >That's what occupational data does. You use a
> median because it 
> >actually deals with the problem you raise: when a
> small number of 
> >high earners could drag up the _average_(mean).
> Median is a better 
> >approximation of what the typical earner makes.
> 
> <http://www.bls.gov/oco/ocos053.htm>
> 
> In May 2004, the median annual earnings of all
> lawyers were $94,930. 
> The middle half of the occupation earned between
> $64,620 and 
> $143,620. Median annual earnings in the industries
> employing the 
> largest numbers of lawyers in May 2004 were as
> follows:
> 
> Management of companies and enterprises
> $126,250
> Federal Government
> 108,090
> Legal services
> 99,580
> Local government
> 73,410
> State government
> 70,280
> 
> Median salaries of lawyers 9 months after graduation
> from law school 
> in 2004 varied by type of work, as indicated in
> table 1.
> 
> Table 1. Median salaries of lawyers 9 months after
> graduation, 2004
> 
> Type of work
> Salary
> All graduates
> $55,000
> 
> 
> Type of work
> 
> Private practice
> 80,000
> Business/industry
> 60,000
> Judicial clerkship and government
> 44,700
> Academe
> 40,000
> 
> 
> Source: National Association of Law Placement
> 
> Salaries of experienced attorneys vary widely
> according to the type, 
> size, and location of their employer. Lawyers who
> own their own 
> practices usually earn less than those who are
> partners in law firms. 
> Lawyers starting their own practice may need to work
> part time in 
> other occupations to supplement their income until
> their practice is 
> well established.
> Most salaried lawyers are provided health and life
> insurance, and 
> contributions are made to retirement plans on their
> behalf. Lawyers 
> who practice independently are covered only if they
> arrange and pay 
> for such benefits themselves.
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>
http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
> 

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