What is the lowest amount of money a lawyer can make?

Answer

$0

Answer

Lawyers are the same as any professional in that they can be more or less integrated into the market, which determines how each of them earn their money.

For instance, they can become associates in a law firm, and get paid on salary or through billable hour targets, or a combination of both. They may even become a partner in the firm, if their earning abilities are proven well enough that the firm wants to retain them as a permanent asset.

Alternatively they can try to be an in-house counsel for a particular (non-law) business corporation, where they can negotiate their salary depending on how much the employer thinks their exclusive services are worth.

Lawyers can also work for the government, and so their remuneration relies more heavily on the policies and laws applicable to those type of government employees, rather than upon the mechanisms of the market.

On the other end of the spectrum, one can become a solo practitioner, where it can be feast or famine depending on how many clients one can pull in and whether these clients will actually pay. Like any other business, there is the possibility of zero revenue and net losses for your practice.

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