Lawyers vs Accountants salary

According to data from the US Bureau of Labor Statistics, the average annual pay for Lawyers is $148,030, compared to the average annual salary of $83,980 for Accountants. This indicates that Accountants earn a much lower salary than Lawyers.

Keep in mind, however, that factors such as location, experience, and the specific workplace can affect salary. For instance, Lawyers in Washington DC may have higher earnings (averaging $198,820 per annum) compared to those in Wyoming ($92,410). As another example, the average pay of Accountants in Washington DC is 68% higher compared to those in Nevada.

Lawyers vs Accountants overview

Lawyers and Accountants are two important roles in the Professional, Scientific, and Technical Services industry. There is a common interest in understanding the differences between these job titles, as well as the average salaries for each.

Lawyer job description

Alternative names: Attorneys

Lawyers represent clients in criminal and civil litigation and other legal proceedings, draw up legal documents, or manage or advise clients on legal transactions. May specialize in a single area or may practice broadly in many areas of law.

Lawyer education and experience

Most Lawyers (68%) have a First Professional Degree. But additionally, among employees with this job title, there are also some with a Doctoral Degree (31%). In terms of experience, over half Lawyer occupations require a 2 to 4 years of previous experience working in the field. A smaller portion of roles (15%) require no previous experience.

Lawyer average salary

The US Bureau of Labor Statistics has reported that in 2021, there were 681,010 Lawyers working in the United States, and on average, they earned $148,030 per year. The bottom 10 percent earned $61,400 or less, and the top 10 percent earned $208,000 or more. Compared to the previous year, the mean salary has contracted by 0.6%.

Do Lawyers make good money?

Lawyers typically make good salaries, since their mean salary is 154% above the average pay in the United States ($58,260). Additionally, they make 62% more than the mean salary of the Professional, Scientific, and Technical Services industry ($91,150).

Lawyers typically make good salaries, since their mean salary is 154% above the average pay in the United States ($58,260).

Lawyers job growth

The employment rate for Lawyers has grown in the last two years. In 2021, there have been 22,890 more job opportunities than the previous year across the nation, and that shows an increase of 3.5%. Over the past 3 years, job growth has averaged 2%.

Accountant job description

Alternative names: Accountants and Auditors

Accountants examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

Accountant average salary

According to the US Bureau of Labor Statistics, there were 1.32M Accountants employed in the United States in 2021, and they earned an average annual income of $83,980. The bottom 10 percent earned $47,970 or less, and the top 10 percent earned $128,970 or more. Compared to the previous year, the mean salary has grown by 2.8%.

Do Accountants make good money?

The mean salary of Accountants is 44% above the average pay in the United States ($58,260). However, they make 8% less than the mean salary of the Professional, Scientific, and Technical Services industry ($91,150).

The mean salary of Accountants is 44% above the average pay in the United States ($58,260).

Accountants job growth

In 2021, there have been 43,930 more Accountant job opportunities than the previous year across the nation, and that shows an increase of 3.4%. The average job growth rate for the past 3 years has been 1.5%.

FAQ

Do Lawyers or Accountants make more?

Lawyers make 76% more than Accountants. The average annual salary for Accountants is $83,980, while Lawyers earn $148,030 per year.