No matter what area of practice you chose to focus upon, any law practice is definitely challenging, and hopefully, stimulating, helpful and lucrative. Every once in a while, it’s good to sit back and take a look at the legal profession as it progresses through the years. It’s of interest to see how much and how little some things have changed.
Here are some statistics about the current state of the legal profession in the U.S.
Top areas of law practiced in the U.S.
If you are wondering whether, as a personal injury attorney, you picked one of the most thriving and competitive law practices in the U.S., you did. In a recent marketing survey, eight areas of law emerged as being in most demand.
- Commercial Litigation
- Real Estate Law
- Personal Injury Law
- Labor and Employment Law
- Family Law
- Bankruptcy Law
- Immigration Law
- Insurance Law
Most lucrative law practices
According to an ABA study, the most lucrative areas of law are:
- Intellectual Property Law
- Corporate Law
- Criminal Defense Law
- Personal Injury Law
- Family Law
- Civil Rights Law
- Health Care Law
- Real Estate Law
- Bankruptcy Law
- Immigration Law
More interesting statistics
Here are a few more interesting statistics relating to the legal profession.
- As of 2016, there were 1,315,561 licensed lawyers in the U.S. By comparison, there were 221,605 registered attorneys in 1950.
- 75% of lawyers are in private practice, with 8% in the government. Only 1% are public defenders
- 88% of lawyers are white; 5% are African-American; and 4% are Hispanic.
- 64% of lawyers are men, vs. 36% of women.
- 49% of law firms are solo.
Group Matrix Blog – February 15, 2018 – by Sharon Bowles
