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Lawyer Salary in Sector of Finance and Insurance

The salary statistics of lawyers in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare lawyer salaries in different industries within the finance and insurance sector.

Average Annual Salary of Lawyers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$74,980
25th Percentile Wage
$100,840
50th Percentile Wage
$146,000
75th Percentile Wage
$201,810
90th Percentile Wage
No Data

Table 1 shows the average annual salary for lawyers in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) lawyers is $201,810. The median annual salary (50th percentile) is $146,000. The average annual salary for the bottom 10 percent paid lawyers is $74,980.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of lawyers in the industry sector of finance and insurance from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
2016146,0001.34%7.58%
2015144,0502.37%-
2014140,6301.58%-
2013138,4102.51%-
2012134,940--

Compare Lawyer Salary in Different Industries within the Finance and Insurance Sector

The average salaries of lawyers in 20 industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for lawyer occupations is the securities and commodity exchanges industry with an annual salary $186,260. The lowest paying industry is the insurance and employee benefit funds industry (annual salary $111,390). For detailed lawyer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Securities and Commodity Exchanges
$186,260
Securities and Commodity Contracts Intermediation and Brokerage
$184,250
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$180,010
Other Financial Investment Activities
$177,290
Depository Credit Intermediation
$164,720
Credit Intermediation and Related Activities
$156,970
Monetary Authorities-Central Bank
$155,640
Monetary Authorities-Central Bank
$155,640
Other Nondepository Credit Intermediation
$153,620
Nondepository Credit Intermediation
$150,510
Activities Related to Credit Intermediation
$141,150
Other Investment Pools and Funds
$138,330
Other Insurance Related Activities
$134,970
Insurance Carriers
$134,410
Insurance Carriers and Related Activities
$134,100
Agencies, Brokerages, and Other Insurance Related Activities
$132,600
Insurance Agencies and Brokerages
$129,160
Funds, Trusts, and Other Financial Vehicles
$128,880
Direct Insurance (except Life, Health, and Medical) Carriers
$126,890
Insurance and Employee Benefit Funds
$111,390

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].



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