The legal profession is expected to grow by 10% over the next decade, according to the U.S. Bureau of Labor Statistics.
According to the U.S. Bureau of Labor Statistics, the median annual wage of lawyers is $112,760, with the top 10% earning more than $166,400.
|Business Data Analyst||$63,450|
|Business Law Paralegals||$46,680|
|Business Law Clerks||$29,990|
|Manager Legal Administration||$68,500|
|Legal Regulatory Manager||$86,250|
The U.S. Labor Department says lawyers hold about 728,200 positions in the United States, with most of those working in private or corporate legal offices. In addition, lawyers are employed in local, state and federal governments, while 22% of lawyers are self-employed. States with the most lawyers employed include:
The practice of business law holds the most opportunities, as well as diversity, of careers in the legal world. In fact, business law professionals – generally found at law firms, in large companies’ legal departments and governmental agencies – have more opportunities than ever.
In order to function as a business law professional you must hold a Juris Doctor, while clerks, operational managers, legal secretaries, paralegals and other administrative support staff professionals are often required to have both business and legal educational training.
A paralegal program provides students administrative, legal and business training required to work in a demanding business law environment.
Juris Doctor Degree
A JD is a standard law degree bestowed at accredited law schools in the United States. Many schools will also offer a joint MBA/JD that will help students get a leg up when entering the business law profession. A JD typically requires three years of study while a joint degree can often be accomplished in four years.