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Is The Legal Profession As Lucrative As It Used To Be? - Career (11) - Nairaland

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Re: Is The Legal Profession As Lucrative As It Used To Be? by viceb: 11:18am On Jul 19, 2020
It is not just about legal profession. No matter the course you read in Nigeria, you must be ready to
adapt to the competitive job market that is in place. I read an arts course and graduated with 2.1
from the University of Ibadan. My first job was more or less a volunteer work where I worked for free
to get experience for about 6 months to 1yr.

The next job paid me a salary of 30k for about 1yr plus. As I was completing that job, I found out that
I needed to be developing my self professionally and otherwise. I took up NIPR both certificicate and
diploma, while I got another job that paid 50k. The next job paid between 120k to 150K..I did it for
a year and half, saved close to 700k and got back to school for higher degrees. While still running
a PhD, I got another job that pays close to 300k. That has afforded me the opportunity to start building,
buy a car, live a bit comfortably and settle down. Right now, I am still advancing myself by learning how
to make money online through affiliate marketing and freelancing where I have made over $5000.

Overall, I prefer skills to certificate even though am a scholar who have traveled to over 6 countries,
including the US, Norway, etc to present papers and am still traveling for research reasons. Please learn to
develop yourself, never stop. Be resilient and focused. So, it is not just about legal profession, which is in
itself a wonderful course...the problem is the fact that many who read the course fail to evolve with the trend
of the moment. A law student can choose to specialise in intellectual property/digital law...he/she can run a
Youtube channel that teaches people how to protect their intellectual property or how to avoid getting into
infringement bothering on intellectual theft. So evolving oneself is the KEY to growth not just about the
course one has studied. My one cent admonition though. (Am open to inquiries on onlinebizdomination@gmail.com
as I will give you ideas on how to be better in your field). grin grin grin grin grin grin

1 Like

Re: Is The Legal Profession As Lucrative As It Used To Be? by Ablemax(m): 11:53am On Jul 19, 2020
Etinosa1234:

programming


Okay thanks want to learn that also but know where to go
Re: Is The Legal Profession As Lucrative As It Used To Be? by bekpo(m): 12:03pm On Jul 19, 2020
Clonepops:


You be mumu if you don't want to acknowledge realities.... People dey lie give you say you dey the most noble profession.. What's noble ablit collecting 15k a month

I had leant long ago not to join issues with daft otherwise I end up dignifying them! If u like have food scattered abroad in ur house, don't get up n prepare it for urself, u will remain a frustrated n unfortunate idiot n will die of hunger. If u like during ur exams don't study, pack ur load and go live in d church n believe God for a miracle to pass ur exams. No one makes a lawyer rather, a lawyer makes himself. If u like, don't equip urself with d necessary prowess of d law, remain there n expect a miracle. Nonsense!
Re: Is The Legal Profession As Lucrative As It Used To Be? by bekpo(m): 12:18pm On Jul 19, 2020
viceb:
It is not just about legal profession. No matter the course you read in Nigeria, you must be ready to
adapt to the competitive job market that is in place. I read an arts course and graduated with 2.1
from the University of Ibadan. My first job was more or less a volunteer work where I worked for free
to get experience for about 6 months to 1yr.

The next job paid me a salary of 30k for about 1yr plus. As I was completing that job, I found out that
I needed to be developing my self professionally and otherwise. I took up NIPR both certificicate and
diploma, while I got another job that paid 50k. The next job paid between 120k to 150K..I did it for
a year and half, saved close to 700k and got back to school for higher degrees. While still running
a PhD, I got another job that pays close to 300k. That has afforded me the opportunity to start building,
buy a car, live a bit comfortably and settle down. Right now, I am still advancing myself by learning how
to make money online through affiliate marketing and freelancing where I have made over $5000.

Overall, I prefer skills to certificate even though am a scholar who have traveled to over 6 countries,
including the US, Norway, etc to present papers and am still traveling for research reasons. Please learn to
develop yourself, never stop. Be resilient and focused. So, it is not just about legal profession, which is in
itself a wonderful course...the problem is the fact that many who read the course fail to evolve with the trend
of the moment. A law student can choose to specialise in intellectual property/digital law...he/she can run a
Youtube channel that teaches people how to protect their intellectual property or how to avoid getting into
infringement bothering on intellectual theft. So evolving oneself is the KEY to growth not just about the
course one has studied. My one cent admonition though. (Am open to inquiries on onlinebizdomination@gmail.com
as I will give you ideas on how to be better in your field). grin grin grin grin grin grin





I came from a very humble background, I lost my mum at age 12. My dad as at d time I gain admission to study law in d university had retired as a civil servant with ministry of works. While in school, I acquired all d knowledge and contacts I needed to b a successful lawyer. What most of us needed then in school was just d certificate of call to bar because I had gotten d requisite skill, knowledge n contact to b a successful lawyer.

Today, it paid off. I live in Kudang Street by Chinese restaurant opposite Banex plaza Wise 2 in my own house I bought. I also acquired a luxurious property in Asokoro, Gwagwalada, Wuye, Jabi and an estate along Kubwa recently. Back in my state, I have properties in choice areas in d state. I have no other job apart from law practice. All my acquisitions are proceeds from law practice.

If u don't make d best out of ur job, u will remain in poverty d rest of ur life. It has absolutely nothing to do with d profession rather an individual.

If a lawyer can't move a simple bail application in court, how can such a lawyer b successful subsequently? If a student doesn't take his or her studies seriously as a student, how can such a student b successful in that profession tomorrow? Make d best out of ur profession.
Re: Is The Legal Profession As Lucrative As It Used To Be? by Melaninprincess(f): 1:24pm On Jul 19, 2020
It's tough really. But then, everyone needs help including lawyers. Be a part of this big thing and check my signature
Re: Is The Legal Profession As Lucrative As It Used To Be? by hardbody: 2:16pm On Jul 19, 2020
ethicallyright:


https://thenationonlineng.net/paris-club-refund-row-350m-fees-consultants/

Above is the link . Ned Nwoko and his collegues were actually owed $350 million for the case against Paris club. The amount to be returned was $3.5billion. What they did is arbitration. At that point a corporation or country has no choice than to pay the 10% required by an arbitration lawyer and keep their 90% or lose all.

Let's take Manchester City case at CAS for instance. If Man City can pay Sterling , De Brunye et Al, and even buy players for 250 million pounds, what makes you think the arbitration lawyer that defended Man City against UEFA lawyers won't get 10 million pounds for the case when all the money they used to purchase the players would have been wasted without an appearance at UEFA champions league in two years or relegation to League 1?

Lawyers get paid as much as 500million dollars for multibillion dollars arbitration cases. In fact the price is 10% like agency.

Law practice at that level is like sports agency. Your clients determine your pay. While the agents of Ronaldo and co are paid in 8 figures, the agents of Sunshine United players are paid in 4 figures.

It's not charge and bail. If house/real estate agents at Lekki do not joke with their 10% what makes you think that high level arbitration lawyers will joke with their 10% after years of education and proficiency?

Bros you sef you have the time to argue and contribute to this worn out argument. Ignorant people do not know that there are lawyers employed in various sectors of the economy. All they think about lawyers is the fact of being an advocate. They do not have the brain power to know that lawyers are also solicitors and make huge amounts from that alone. They are ignorant of the fact that every company is under an obligation to employ a company secretary and in at least 90% of the times, it is lawyers that mann that position. I mean the likes of NNLG/MTN/All the Banks/NNPC/ All the telecom companies, endless opportunities.

I am so sick and tired of dumb fo.ols coming to discuss lawyers and their profession. Please tell me that a fresh Doctor gets a job automatically in this country or even an engineer.

It is even a lawyer as a professional who can start making money from day one by standing around the courts as they claim. Where will an economist stand? in the market place? Where will an engineer stand? By the road side or under the bridge? Where will a Doctor stand? If it was that easy for all other professions, why are they leaving Nigeria in droves.

Failed people are just there looking for reasons to perpetuate their failure.

I am proudly a lawyer and in my next world (if there is a thing such as that) I will still be a lawyer.

In all cases, take a stand and take responsibility. People should stop inundating us with their failed attempts at either qualifying as lawyers or being serious enough to make something out of the profession.

If they cant make it as a lawyer, they will not make it as any other professional. You cannot give what you do not have. Never.

3 Likes

Re: Is The Legal Profession As Lucrative As It Used To Be? by drehdinho(m): 2:19pm On Jul 19, 2020
Omonigeriarere:


I am into full time job in Nigeria; how is that possible?

Honestly, it doesn't stop you. In my set, there were few of my colleagues that had a full time job while studying. Only issue was they couldn't made themselves available for all classes, and since you're not a kid, skipping classes shouldn't affect much of your performance.
Re: Is The Legal Profession As Lucrative As It Used To Be? by hardbody: 2:20pm On Jul 19, 2020
bekpo:


I came from a very humble background, I lost my mum at age 12. My dad as at d time I gain admission to study law in d university had retired as a civil servant with ministry of works. While in school, I acquired all d knowledge and contacts I needed to b a successful lawyer. What most of us needed then in school was just d certificate of call to bar because I had gotten d requisite skill, knowledge n contact to b a successful lawyer.

Today, it paid off. I live in Kudang Street by Chinese restaurant opposite Banex plaza Wise 2 in my own house I bought. I also acquired a luxurious property in Asokoro, Gwagwalada, Wuye, Jabi and an estate along Kubwa recently. Back in my state, I have properties in choice areas in d state. I have no other job apart from law practice. All my acquisitions are proceeds from law practice.

If u don't make d best out of ur job, u will remain in poverty d rest of ur life. It has absolutely nothing to do with d profession rather an individual.

If a lawyer can't move a simple bail application in court, how can such a lawyer b successful subsequently? If a student doesn't take his or her studies seriously as a student, how can such a student b successful in that profession tomorrow? Make d best out of ur profession.

I am impressed. I share your testimony. I am a lawyer, i practiced for a while and joined corporate employment. I am modest enough to admit i have properties and currently live in one in Lekki. I have another i moved out from in the mainland. I have landed properties along airport road in Abuja, Calabar and built properties in my state Abia. Some dummies who have refused to work up the ladder are here uttering annoying gibberish. It is so annoying.
Re: Is The Legal Profession As Lucrative As It Used To Be? by drehdinho(m): 2:25pm On Jul 19, 2020
Etinosa1234:

ohh...pls how long have u been learning...and which language

I learn C#. It's not been up to a year. I already have a good knowledge on how to build web apps. In fact, I'm working on a Real Estate Web currently (I mean a full functioning real estate website coded from scratch with database to manage users and so much more).
Re: Is The Legal Profession As Lucrative As It Used To Be? by Clonepops(m): 2:32pm On Jul 19, 2020
bekpo:


I had leant long ago not to join issues with daft otherwise I end up dignifying them! If u like have food scattered abroad in ur house, don't get up n prepare it for urself, u will remain a frustrated n unfortunate idiot n will die of hunger. If u like during ur exams don't study, pack ur load and go live in d church n believe God for a miracle to pass ur exams. No one makes a lawyer rather, a lawyer makes himself. If u like, don't equip urself with d necessary prowess of d law, remain there n expect a miracle. Nonsense!

The thing pain you gan oo.. You be mumu lawyer juur
Re: Is The Legal Profession As Lucrative As It Used To Be? by bekpo(m): 2:51pm On Jul 19, 2020
Clonepops:


The thing pain you gan oo.. You be mumu lawyer juur



I came from a very humble background, I lost my mum at age 12. My dad as at d time I gain admission to study law in d university had retired as a civil servant with ministry of works. While in school, I acquired all d knowledge and contacts I needed to b a successful lawyer. What most of us needed then in school was just d certificate of call to bar because I had gotten d requisite skill, knowledge n contact to b a successful lawyer.

Today, it paid off. I live in Kudang Street by Chinese restaurant opposite Banex plaza Wise 2 in my own house I bought. I also acquired a luxurious property in Asokoro, Gwagwalada, Wuye, Jabi and an estate along Kubwa recently. Back in my state, I have properties in choice areas in d state. I have no other job apart from law practice. All my acquisitions are proceeds from law practice.

If u don't make d best out of ur job, u will remain in poverty d rest of ur life. It has absolutely nothing to do with d profession rather an individual.

If a lawyer can't move a simple bail application in court, how can such a lawyer b successful subsequently? If a student doesn't take his or her studies seriously as a student, how can such a student b successful in that profession tomorrow? Make d best out of ur profession. Lazy retard!
Re: Is The Legal Profession As Lucrative As It Used To Be? by bekpo(m): 3:02pm On Jul 19, 2020
hardbody:


I am impressed. I share your testimony. I am a lawyer, i practiced for a while and joined corporate employment. I am modest enough to admit i have properties and currently live in one in Lekki. I have another i moved out from in the mainland. I have landed properties along airport road in Abuja, Calabar and built properties in my state Abia. Some dummies who have refused to work up the ladder are here uttering annoying gibberish. It is so annoying.

In 2011 after d general elections, d then governorship aspirant made me the legal adviser of his companies. The pay n entitlements, very attractive, but couldn't cope, was as if I was in d prison. I had to resigned. The MD did everything he could to keep me, but my mine was always in court room. So, I made it all in practice. In my next life(if there's any of such) I will choose legal practice over n over again.
Re: Is The Legal Profession As Lucrative As It Used To Be? by Clonepops(m): 3:02pm On Jul 19, 2020
bekpo:




I came from a very humble background, I lost my mum at age 12. My dad as at d time I gain admission to study law in d university had retired as a civil servant with ministry of works. While in school, I acquired all d knowledge and contacts I needed to b a successful lawyer. What most of us needed then in school was just d certificate of call to bar because I had gotten d requisite skill, knowledge n contact to b a successful lawyer.

Today, it paid off. I live in Kudang Street by Chinese restaurant opposite Banex plaza Wise 2 in my own house I bought. I also acquired a luxurious property in Asokoro, Gwagwalada, Wuye, Jabi and an estate along Kubwa recently. Back in my state, I have properties in choice areas in d state. I have no other job apart from law practice. All my acquisitions are proceeds from law practice.

If u don't make d best out of ur job, u will remain in poverty d rest of ur life. It has absolutely nothing to do with d profession rather an individual.

If a lawyer can't move a simple bail application in court, how can such a lawyer b successful subsequently? If a student doesn't take his or her studies seriously as a student, how can such a student b successful in that profession tomorrow? Make d best out of ur profession. Lazy retard!

Nah lie bros.. You don't have all these things you just said.. Rich people don't make noise
Re: Is The Legal Profession As Lucrative As It Used To Be? by Etinosa1234: 7:35pm On Jul 19, 2020
Ablemax:


Okay thanks want to learn that also but know where to go
download books or use sololearn app
Re: Is The Legal Profession As Lucrative As It Used To Be? by Ablemax(m): 2:56am On Jul 20, 2020
Etinosa1234:


download books or use sololearn app


Okay thanks
Re: Is The Legal Profession As Lucrative As It Used To Be? by Ablemax(m): 2:57am On Jul 20, 2020
Etinosa1234:


download books or use sololearn app



Are you at Edo state
Re: Is The Legal Profession As Lucrative As It Used To Be? by Chuky7(m): 11:56am On Jul 20, 2020
Cc Litigator
And
nickvanilla (My NL Lawyers) didn't see your views on this...
Hows is work...
Re: Is The Legal Profession As Lucrative As It Used To Be? by Etinosa1234: 1:07pm On Jul 20, 2020
Ablemax:



Are you at Edo state
I'm in Lagos now
Re: Is The Legal Profession As Lucrative As It Used To Be? by nickvanilla(m): 6:42pm On Jul 20, 2020
Chuky7:
Cc Litigator

And

nickvanilla (My NL Lawyers) didn't see your views on this...

Hows is work...

Guy, work dey oo.
The thing is; it's not a law problem.
The way Nigeria is now, everyone needs grace to succeed in any profession. Maybe Medical Doctors have it a bit easier but some of them are underpaid and overworked. Many people who read great courses are struggling. Las Las Na only God fit help person.

1 Like

Re: Is The Legal Profession As Lucrative As It Used To Be? by Nobody: 7:00pm On Jul 20, 2020
nickvanilla:


Guy, work dey oo.
The thing is; it's not a law problem.
The way Nigeria is now, everyone needs grace to succeed in any profession. Maybe Medical Doctors have it a bit easier but some of them are underpaid and overworked. Many people who read great courses are struggling. Las Las Na only God fit help person.


They don't oooo. There is money in the legal profession. But most lawyers don't know. Don't be a generalist.

My advice is pick a niche and specialize in it.

E.g, I am a Litigator that's what I know to do best, even though I do soliciting on the side, most of which I delegate to counsel who are specialists in that area.

I am not even a general litigator, I specialise in few areas and I know the in and out.

Some lawyers who know me also refer briefs to me and we share money.

My point, be known for a particular niche and stick to it.

The virginity of the legal profession has not been tampered with L.B.
Re: Is The Legal Profession As Lucrative As It Used To Be? by Reucy(f): 10:05am On Jul 21, 2020
OvaSabi1:


Why commercial and corporate law? What are the certifications and training requirements?

You need no certifications on that, except you ain't a lawyer
Re: Is The Legal Profession As Lucrative As It Used To Be? by Manlikebaro: 1:41am On Jul 22, 2020
GBOKASINCHA:
guy ur condition critical o grin




Not pe say . I am making my money now.
Re: Is The Legal Profession As Lucrative As It Used To Be? by Greatzeus(m): 8:51am On Jul 22, 2020
neonbash0:
My bro is a lawyer. After few years of earning 20k (under please sir) my dad sent him to America . He went back to law school. Had his master's and PhD and now he is lecturing and also an entertainment attorney...
My brother never paid bribe to secure admission over there or get a job placement unlike naija that you have to bribe and kiss asses to get jobs or admissions you're over qualified for. .
NIGERIA IS TRULY A SHITHOLE
Imagine if he was still in Nigeria,he would always be sad and depressed thinking the problem was some evil powers hindering his success like many Naija pastors preach. Whereas Nigeria and it's government are the true evil spirits hindering the progress of many intelligent and talented Nigerians.
Your brother is very lucky to have a dad that send him overseas. I envy him,I have never been overseas before.

1 Like

Re: Is The Legal Profession As Lucrative As It Used To Be? by 9jaRealist: 9:16am On Jul 22, 2020
SmartPolician:
My dear, the most lucrative professions are Information Technology, the real sector (manufacturing industry, including agriculture), oil and gas (engineering), creative arts or entertainment (AY, Wizkid, Genevieve, Don Jazzy, etc.), sports, and health sectors.

The problem with law is that it takes a long time to make money from it. Unlike the ones I mentioned, the legal profession is already supersaturated.

Don't let your friends and family fool you; times have changed. You should follow the trend
>
Dude, you cannot successfully engage in any of these without the services of a lawyer...

For example, successful folks in ICT and the creative industry rely on intellectual property law.
Similarly, successful manufacturers depend on trademark law protection of proper contracts along the value chain, etc.

The BEST thing about a proper legal education is that it endows one with analytical skills...
That’s why lawyers are found in so many professions - law, management consultancy, investment banking, politics, etc.

The import of this thread is as badly flawed as saying there’s no longer money in football...
The reality is that the ELITE and capable will do quite well, while the thousands of passengers will not.
>
Re: Is The Legal Profession As Lucrative As It Used To Be? by 9jaRealist: 9:22am On Jul 22, 2020
Greatzeus:

Imagine if he was still in Nigeria, he would always be sad and depressed thinking the problem was some evil powers hindering his success like many Naija pastors preach. Whereas Nigeria and it's government are the true evil spirits hindering the progress of many intelligent and talented Nigerians.
Your brother is very lucky to have a dad that send him overseas. I envy him,I have never been overseas before.
>
There are THOUSANDS of professionally-thriving and financially well-off and/or rich lawyers in Nigeria...
There are some very good law firms in Nigeria, with financially well-off partners most Nigerians have prolly never heard of.
>
Re: Is The Legal Profession As Lucrative As It Used To Be? by SmartPolician: 10:09am On Jul 22, 2020
9jaRealist:

>
Dude, you cannot successfully engage in any of these without the services of a lawyer...

For example, successful folks in ICT and the creative industry rely on intellectual property law.
Similarly, successful manufacturers depend on trademark law protection of proper contracts along the value chain, etc.

The BEST thing about a proper legal education is that it endows one with analytical skills...
That’s why lawyers are found in so many professions - law, management consultancy, investment banking, politics, etc.

The import of this thread is as badly flawed as saying there’s no longer money in football...
The reality is that the ELITE and capable will do quite well, while the thousands of passengers will not.
>

The debate is what the future holds for beginners in the legal space. Let's face it, young starters in the orbits I mentioned are more likely to make it faster than young lawyers.

I have newbies in legal profession around me and know how hard things are for those folks. It's even lachrymose, given the huge amount they invested in education. Some of them sold their family lands just to acquire that education.

Admittedly, every other professionals need lawyers. However, the older folks in the industry are not willing to take a bow, thus making things pretty difficult for the beginners.

The truth is, all professions need themselves, but the legal profession is no longer what it used to be.
Re: Is The Legal Profession As Lucrative As It Used To Be? by Greatzeus(m): 12:02pm On Jul 22, 2020
9jaRealist:

>
There are THOUSANDS of professionally-thriving and financially well-off and/or rich lawyers in Nigeria...
There are some very good law firms in Nigeria, with financially well-off partners most Nigerians have prolly never heard of.
>
Yes of course,but that doesn't disprove the point Op is making. Just like there are bloggers making millions in Nigeria but how many compared to those who aren't? That's the point Op is making.
Re: Is The Legal Profession As Lucrative As It Used To Be? by Asour: 12:28pm On Jul 22, 2020
9jaRealist:

>
There are THOUSANDS of professionally-thriving and financially well-off and/or rich lawyers in Nigeria...
There are some very good law firms in Nigeria, with financially well-off partners most Nigerians have prolly never heard of.
>

Really. Literally thousands ?

You do know that thousands means >1000 ?

Good to know though.
Re: Is The Legal Profession As Lucrative As It Used To Be? by elyonchee(f): 3:49pm On Jul 24, 2020
Etinosa1234:


I'm planning to enter Cyber Law...is it developed in Nigeria?
We have so many laws backing up cyber law and it is a growing niche in legal practice.
Re: Is The Legal Profession As Lucrative As It Used To Be? by Timieric: 10:00am On Aug 01, 2020
smeag0l:
What do you mesn by being lucrative?Do you make up to 200k per month and how long have you been practicing before you are able to make what you make now?
................
I make more than in a month..and do not make less.its my 7th year post call. NLS yenagoa campus ,agudama epie.
Re: Is The Legal Profession As Lucrative As It Used To Be? by jakeschafer: 7:45am On Aug 17
The legal profession, while still lucrative, has evolved significantly from its past glory days. Traditionally, attorneys enjoyed substantial earnings and prestige, but today’s landscape reflects changing economic conditions and market saturation. Factors such as increased competition, client expectations for value-driven services, and technological advancements have influenced income potential. Nonetheless, specialized areas of law, such as business sale transactions, continue to be highly profitable. For example, firms like QLD Business Property Lawyers demonstrate that niche practices in business sales can offer robust financial rewards for legal professionals who excel in these areas. Thus, while overall profitability may vary, opportunities for high earnings still exist, particularly in specialized legal sectors.

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