Do lawyers get paid more than bankers?

Originally Answered: Who makes more money, Lawyers or Bankers? , the average salary for a banker is $79,000 USD/year*. The average salary for a lawyer is $65,000 a year*. So, banker wins.

Do you make more money in finance or law?

Which undergrad majors make the most money as lawyers?

Major	Earnings	Law premium
Finance	99	55
Math	87	67
History	69	81
Political Science	82	67

Do investment bankers make more than corporate lawyers?

Corporate Law vs. Expect work to dominate the first few years of your life in either career. Investment bankers work, on average, 70 to 90 hours per week during their first year. These jobs, however, pay nowhere near the lucrative starting salaries that you find in corporate law.

Are Big law lawyers rich?

Most BigLaw attorneys—from associate all the way up to equity partner—are HENRYs who either have no wealth to speak of (like Whippersnapper Winston) or set aside the bare minimum of 10-20\% (like Prudent Penny), which virtually guarantees they’ll be walking a financial tight-rope through the BigLaw pressure-cooker for …

Can you move from corporate banking to investment banking?

The number of people switching from commercial banking to investment banking isn’t high; however, you need people to mentor and guide you into this transition. As such, finding former commercial bankers who are now well established into investment banking career will undoubtedly help.

Who gets paid more investment bankers or lawyers?

Starting salary of an investment banker is marginally higher than that of a lawyer. Lawyers ideally should be more updated with developments as the amendments in law, especially corporate law happens frequently as opposed to the amendments in aspects of investment banking.

Which is harder investment banking or law?

Of the two careers, investment banking requires greater quantitative acumen and skills in math. The educational requirements for becoming a lawyer are much more rigid than those for becoming an investment banker.