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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
$74,310
25th Percentile Wage
$101,610
50th Percentile Wage
$148,110
75th Percentile Wage
$206,750
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 $206,750. The median annual salary (50th percentile) is $148,110. The average annual salary for the bottom 10 percent paid lawyers is $74,310.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of lawyers in the industry sector of finance and insurance from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$148,110
1.42% 8.89%
2016
$146,000
1.34% -
2015
$144,050
2.37% -
2014
$140,630
1.58% -
2013
$138,410
2.51% -
2012
$134,940
- -

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

The average salaries of lawyers in 22 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 other investment pools and funds industry (annual salary $114,700). 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
$181,000
Other Financial Investment Activities
$177,290
Depository Credit Intermediation
$164,720
Credit Intermediation and Related Activities
$164,630
Monetary Authorities-Central Bank
$162,630
Monetary Authorities-Central Bank
$162,630
Credit Intermediation and Related Activities
$159,940
Other Nondepository Credit Intermediation
$153,020
Nondepository Credit Intermediation
$152,190
Direct Health and Medical Insurance Carriers
$142,310
Activities Related to Credit Intermediation
$141,150
Insurance Carriers
$135,740
Insurance Carriers and Related Activities
$135,110
Other Insurance Related Activities
$134,290
Agencies, Brokerages, and Other Insurance Related Activities
$132,780
Insurance Agencies and Brokerages
$130,900
Direct Insurance (except Life, Health, and Medical) Carriers
$125,820
Insurance and Employee Benefit Funds
$117,390
Funds, Trusts, and Other Financial Vehicles
$115,460
Other Investment Pools and Funds
$114,700

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




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