Asked in Salary and Pay RatesLawyers
What is the salary of a contract lawyer?
September 06, 2009 3:42PM
Assuming you mean a lawyer who works on a contract basis v. a lawyer who writes contracts, the answer to this question is, it depends. Contract Lawyers hourly rate can range from $15/hr to $90/hr. It is important to know though that the lawfirm this lawyer will work with will probably bill out the Contract Lawyer's hours to the client at $200+ per hour. Yearly salary would depend on how many hours the Contract Lawyer works for various firms and what hourly rate they are making. Working as a Contract Lawyer is a wonderful way of working in the legal industry as it allows the Lawyer to control his/her hours, work from home, etc. versus working in a firm and being expected to work 60-80 hrs a week. Salaries for attorneys working for a law firm and charging for creation of contracts is likely to be more around the $200 an hour range for clients.
Attorney's working for a corporation and monitoring the contracts as Contract Managers are more likely to get something along the lines of $50 to $75 an hour with benefits, normally a salary.