Canada Lawyer Salary questions are very important. One of the primary concerns for getting involved in any type of career is the amount of money that you are going to be compensated for your time. That is true, regardless of the job you are doing. Many people, however, are interested in having a high-paying job to improve their lifestyle and being a lawyer is one of those positions. What is the average salary for a lawyer in Canada?
What Is the Average Salary for a Lawyer in Canada?
When you look at all of the different factors and check the median salary, you will find that it is slightly over $80,000 per year. This is a rather large amount of money but it isn’t all that it seems on the surface. Unlike many jobs in the marketplace, being a lawyer is a profession that offers a wide range of options, not only when it comes to salary but also when it comes to other perks that may be part of the job as well. The salary is just one of those perks, and depending upon various factors, you could earn anywhere from $40,000 all the way up to $150,000 or more per year.
Potential Base Lawyer Salaries
You might be surprised to learn that the salary made by a Canadian lawyer is really only the base amount of money that is typically earned in the profession. Many people might consider $80,000 to be somewhat low considering all that goes into education before you can become a lawyer and what may be involved in doing the job itself. It certainly can be a high-stress position, so what is done to make sure that it is worth the effort?
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When you consider all of the different ways that a lawyer may be able to make money, it becomes obvious that it is a profession that is more than what appears to the eye. The salary itself is somewhat impressive but there are also opportunities for other ways of making money, including commissions, profit-sharing, and bonus. These can really add to the bottom line and at the end of the year, you may find that you are doing quite well when you work as a Canadian lawyer.
Area of Legal Practice Impacts on Pay Scale
Another factor that will make a significant difference in how much is earned as a lawyer is the area where you are practicing. Obviously, if you were to practice in a major metropolitan area, the salary is going to be higher than what you might find in a small town. That being said, it is also going to keep pace with the cost of living, so the extra money may be negated to a certain extent.
|6th Year +||C$85,000||C$116250||C$147,500|
Please note: Statistics shown here for salaries are simply averages. Location, practice size and legal service focus will impact these numbers. This salary table is strictly for informational purposes only.
If you are interested in becoming a lawyer in Canada, you need to consider more than the amount of money that is offered as compensation. In many cases, being a lawyer requires you to work long hours and it certainly can be a difficult and stressful position. Consider all of the factors that are involved and you might just find that it is the best choice for you.