An entertainment lawyer is an attorney who specializes in all legal matters pertaining to the entertainment industry. "Transactional" lawyers draw up and negotiate contracts between artists, writers, producers, directors, agents, studios and record companies. "Litigators" handle the lawsuits for personnel in the entertainment industry. A handful of entertainment lawyers do both transactions and litigation. Struggling entertainment lawyers, junior associates and "in house" lawyers make $75,000 to $150,000 a year. Litigators can make in the seven figures by working on contingency fee. The top transactional lawyers make $400,000 to $5,000,000 a year. Nice work if you can get it!
An entertainment lawyer is pretty much the same as any other lawyer as far as dealing with legalities of whatever industry it is. Typically with music the lawyer will go over contracts for artists, labels, distributers, managers, etc. This can be as simple as consulting an artist about a contract they are wanting to sign, up to the RIAA suing fans for downloading music. Pretty much anything that is legal in the music industry is handled with an entertainment lawyer.
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