Brokerage Workers vs Lawyers salary

The US Bureau of Labor Statistics has reported that Brokerage Workers have an average annual salary of $57,710, while Lawyers earn an average of $148,030 per year. This indicates that Lawyers earn much more than Brokerage Workers.

However, it's worth noting that salaries can vary depending on factors such as location, experience, and the specific setting in which the employee works. As an example, Brokerage Workers who work in Connecticut (with an average salary of $82,360) may earn more than those who work in Indiana ($44,780). And Lawyers in Washington DC earn 115% more on average than those in Wyoming.

Brokerage Workers vs Lawyers overview

Brokerage Workers and Lawyers are fundamental to the Securities and Financial Investments and Professional, Scientific, and Technical Services industries respectively. People are often interested in learning about the differences between these occupations, as well as the average pay for each.

Brokerage Worker job description

Alternative names: Brokerage Clerks

Brokerage Workers perform duties related to the purchase, sale, or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, distributing dividends, and keeping records of daily transactions and holdings.

Brokerage Worker education and experience

Of Brokerage Workers, 38% hold a Bachelor's Degree, 29% have a High School Diploma, and 20% hold a College Course Certificate. When it comes to experience, 41% of Brokerage Worker jobs require a 1 to 2 years of work-related experience. A smaller part of jobs (24%) require a previous experience of 2 to 4 years.

Brokerage Worker average salary

According to data from the US Bureau of Labor Statistics, the number of Brokerage Workers employed by the United States in 2021 was 39,980, and their average annual salary was $57,710. The bottom 10 percent had a salary of $39,290 or less, and the top 10 percent had a salary of $78,290 or more. The average salary marks a decrease of 1.3% compared the previous year.

Do Brokerage Workers make good money?

The average salary of Brokerage Workers is comparable to the average salary in the United States ($58,260). Moreover, it is comparable to the average pay of the Securities and Financial Investments industry ($119,040).

The average salary of Brokerage Workers is comparable to the average salary in the United States ($58,260).

Brokerage Workers job growth

The number of Brokerage Workers being employed has declined over the past two years. In 2021, there have been 4,740 less roles than the previous year nationwide, which marks a decrease of 10.6%. The average job growth over the past 3 years has been -10.1%.

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

The majority of Lawyers (68%) hold a First Professional Degree. However this occupation also includes some employees who have a Doctoral Degree (31%). Regarding experience, most of the Lawyer jobs require a 2 to 4 years of experience in the field. A smaller part of jobs (15%) require no previous experience.

Lawyer average salary

Based on data from the US Bureau of Labor Statistics, 681,010 Lawyers were employed by the United States in 2021, and their average annual salary was $148,030. The lowest earning 10 percent made $61,400 or less, and the highest earning 10 percent made $208,000 or more per year. Compared to the previous year, the average salary has fallen by 0.6%.

Do Lawyers make good money?

Lawyers generally earn good salaries, as their average salary is 154% higher than the average salary in the United States ($58,260). Furthermore, they earn 62% more than the average pay of the Professional, Scientific, and Technical Services industry ($91,150).

Lawyers generally earn good salaries, as their average salary is 154% higher than the average salary in the United States ($58,260).

Lawyers job growth

Lawyers have seen growth in employment over the past two years. In 2021, there have been 22,890 more roles than the previous year nationwide, which marks a growth of 3.5%. Over the past 3 years, job growth has averaged 2%.

FAQ

Do Brokerage Workers or Lawyers make more?

The average earnings of Lawyers are 157% higher than those of Brokerage Workers. On average, Brokerage Workers make $57,710 per year, while Lawyers make $148,030.