This section contains 527 words (approx. 2 pages at 300 words per page) |
In the early 1960s the majority of attorneys practiced on their own in one-man offices. The average yearly income for such practitioners was about $8,000. Yet while people often felt that the law was one of the more profitable of professions this was not necessarily the case. The average solo dentist at the time earned $12,000 a year, and the average medical doctor earned well over twice as much at $18,000. Yet those attorneys who practiced in law firms could earn a good bit more than their solitary colleagues. The average income of lawyers in two- or three-man firms was $15,000, and for those practicing in large firms with a dozen or more attorneys, it reached $28,500. As the decade progressed the earnings rose. The 1960s also saw the beginning of a movement toward more firm practice and larger law firms. This reflected the advantages of group effort as...
This section contains 527 words (approx. 2 pages at 300 words per page) |