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How Lucrative Is The Legal Profession? - Career (4) - Nairaland

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Re: How Lucrative Is The Legal Profession? by BabaOlowo: 7:41pm On Dec 10, 2018
Very Lucrative, Paul Usoro is a Billionaire! grin
Re: How Lucrative Is The Legal Profession? by queenfav(f): 7:53pm On Dec 10, 2018
pocohantas:


Lmao, NYSC still dey shark this one.

You think it is by typing in colored fonts, your eye go soon clear. If only pride will allow you come back and share your experience grin
My sister, i blame myself for even coming on here to comment at all.. A lot of them are delusional. Warri people say "who no go, no know". If it's 2.1,i made a 2.1..Many lawyers are too ashamed to talk about their struggles, so they delude the young ones, whereas them dey struggle to feed..No need to talk sha. The end justifies the means!

2 Likes

Re: How Lucrative Is The Legal Profession? by Purelady(f): 7:57pm On Dec 10, 2018
I am a lawyer,the chamber am working now was through somebody knowing my boss, simple as that, I got the job without stress and over the years I have proved my worth and getting briefs on my own. I can tell you that you need connection and more connection as a lawyer, see dear nobody will tell you how they rose to stardom, this is a fact, my friends that we left law school together then were asking me how I got the job, I always do answer na God, so pls.get connected to God and meaningful people, hard work is the bottom line of every successful individual, pls.dear be wise. This profession is among the best in the world,guard it jealously, you will make it be focus,Shalom.

1 Like

Re: How Lucrative Is The Legal Profession? by Purelady(f): 8:01pm On Dec 10, 2018
queenfav:
My sister, i blame myself for even coming on here to comment at all.. A lot of them are delusional. Warri people say "who no go, no know". If it's 2.1,i made a 2.1..Many lawyers are too ashamed to talk about their struggles, so they delude the young ones, whereas them dey struggle to feed..No need to talk sha. The end justifies the means!
my dear I have been on both side I quite agree with you totally, nobody will tell you how and means through which they rose to the limelight, making it without connection in this our present Nigeria takes God.
Re: How Lucrative Is The Legal Profession? by Men10: 8:12pm On Dec 10, 2018
I ask a friend why he do not practicalize his law profession he replied "law profession is a battle field,it is made with people with guns and armunition.It is a hot kitchen if you can't withstand the hotness in kitchen you get out of the kitchen.
Re: How Lucrative Is The Legal Profession? by queenfav(f): 8:13pm On Dec 10, 2018
pocohantas:


Truth is the new hate speech. People only agree to what they want to hear.

I have lawyer friends, lots of them diversified, got relevant certifications and experience. Before that diversification, better suffer knack them. There is no course that isn't overrated in Nigeria sef, but for a professional course like Law, its own overrated deserves Headies Award.
My sister, make we leave them. Years down the line, they will locate this thread and say "you were right"!
Re: How Lucrative Is The Legal Profession? by queenfav(f): 8:16pm On Dec 10, 2018
Purelady:
my dear I have been on both side I quite agree with you totally, nobody will tell you how and means through which they rose to the limelight, making it without connection in this our present Nigeria takes God.
Sis, no too talk o..else they label you a liar!Am just happy about my life, because I was able to tell myself the truth early on.My account balance is better for it!
Re: How Lucrative Is The Legal Profession? by Beowulf(m): 8:28pm On Dec 10, 2018
To the OP, there is no silver bullet and pretty much every view expressed on here is valid.

In my own experience, I believe God just wanted to elevate me. Most people will call it luck. You need to work hard as a student and even more so as a lawyer

Try and graduate with 2.1. Work hard on your diction and writing. If you are in Lagos, start looking for internships in big law firms before you get to law school.

Get a mentor who has made it. The person does not necessarily need to be a much older person. There are young lawyers making waves in corporate practice in top law firms in Lagos.

If you have the means, after 2-3 years of practice, try and get an LLM from the US, Canada or the UK.

Above all keep improving yourself as a person and who knows what will happen.

All the best. The profession is not for the fainthearted.
Having said all that, I know mates who left law and have become hugely successful in business.

May God guide you.

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Re: How Lucrative Is The Legal Profession? by cameeeeel(m): 9:12pm On Dec 10, 2018
Yamahbash:
Exactly what am going through right now, being just 2 years at the Bar.
Yamah Muhammad Basheer..... hw Is practice sha... its Kamil Olayinka.... P48... TM, Abass nd Alfulany friend.

1 Like

Re: How Lucrative Is The Legal Profession? by Mosco100(m): 9:38pm On Dec 10, 2018
lawani:
Law is lucrative if you consider any society, you will see that many lawyers make it more than engineers and doctors
You lie
He needs prayer, intelligence and wisdom
Re: How Lucrative Is The Legal Profession? by Goddys(m): 9:55pm On Dec 10, 2018
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Re: How Lucrative Is The Legal Profession? by Goddys(m): 10:03pm On Dec 10, 2018
naijaboiy:

You didn't make it doesn't mean others won't too. You entered the profession with a wrong mindset that's why you're saying things like this.

Someone in the profession cannot look up to people like you as a motivator or role model. Besides, who says law is a profession where you enter and start to reap the benefits as soon as you get a job? The only problem right now is the pay and it's not a fault of anyone really because that's just how messed up the country really is.

But I have never seen anyone who has put in work in the profession for 10 years plus and didn't start reaping the benefits. Maybe it's not your passion after all.
Sadly, a friend of mine is 14 years at the bar and has been a source of discouragement anytime I meet with him because of the state of things. He is really a dogged lawyer.

Making wealth is by chance. You only increase your chances through hardwork which is still on probability
Re: How Lucrative Is The Legal Profession? by Goddys(m): 10:22pm On Dec 10, 2018
Queenfav was absolutely right in her previous thread. Law practice is always there for you as a lawyer. If you have opportunity to venture into any legitimate money making scheme, please do. You can go back to law practice anytime and build up. There is nothing like passion when the intestines are rioting
Re: How Lucrative Is The Legal Profession? by Nobody: 10:43pm On Dec 10, 2018
dominique:
You should be a litigator, that's where the money is. One big civil case can fetch you millions. Imagine having 5 or 6 of such in a year
where he go get am, u better tell him d truth, find a side hustle.
Re: How Lucrative Is The Legal Profession? by olawooro: 10:55pm On Dec 10, 2018
queenfav:
u have said it all... If i knew i won't be practicing law, I wouldn't have bothered.
You can still practise it in future when you have made a lot of money and established yourself. Unless you don't want to.
Another good thing about legal profession is that there is no age limit to get a job, you don't have retiring age, unless you want to retire. Former police IG, M D Abubakar, after his retirement from police force at 65, he went ahead to establish his chamber. Having studied criminal law while in police force.

By the way, now that you have a business and money, why can't you go for postgraduate program? You can lecture after completion of master degree, at least, it means you are practising what you studied in school.
Re: How Lucrative Is The Legal Profession? by Nobody: 11:09pm On Dec 10, 2018
pheforusty:
.
Hmm, this is a very dangerous thought, going to school doesn't guarantee you will make money.
Life outside school is another ball game.
Be ready to learn and unlearn.


Be a stream and not a rock
brother leave this one jor, i wish there is no graduation duration in school, so we can stay there, i will be among people who will stay there, one of my lecturer then said:one of the thing we need to succeed in life is education which is only 30%, other things are outside the world there, which carries 70%,things include luck, people u know, ur family level, etc.

1 Like

Re: How Lucrative Is The Legal Profession? by TissuePaper: 12:34am On Dec 11, 2018
Beowulf:
To the OP, there is no silver bullet and pretty much every view expressed on here is valid.

In my own experience, I believe God just wanted to elevate me. Most people will call it luck. You need to work hard as a student and even more so as a lawyer

Try and graduate with 2.1. Work hard on your diction and writing. If you are in Lagos, start looking for internships in big law firms before you get to law school.

Get a mentor who has made it. The person does not necessarily need to be a much older person. There are young lawyers making waves in corporate practice in top law firms in Lagos.

If you have the means, after 2-3 years of practice, try and get an LLM from the US, Canada or the UK.

Above all keep improving yourself as a person and who knows what will happen.

All the best. The profession is not for the fainthearted.
Having said all that, I know mates who left law and have become hugely successful in business.

May God guide you.
thank u for your advice, and about getting a mentor, can you pls be mine?
Re: How Lucrative Is The Legal Profession? by Osarieme415(m): 3:19am On Dec 11, 2018
I will say it depends on the branch of law practise you want to specialize in, and the kind of law firm you find yourself in. If you happen to work in the ivy-league corporate firms on Lagos Island e.g Templars, Aelex, Banwo and Ighodalo etc., you will love the profession. But you must have distinguished yourself in academics for you to be considered e.g a first class in Uni or Law School.
But the litigation firms will task you. And many of them without corporate appeal pay peanuts. But litigation is a time- rewarding venture, as you hone your skills in advocacy, clients will pursue you. Many insist ADR is the real thing but I believe Nigerians are not conciliatory by nature. It still get tied up in court litigation.

P.S. I am a Lawyer, completed NYSC this year, and I am yet to get a law firm in which to practice. Please help my life, I believe my helper is here. I want to work in 2019. God bless you as you help me
Re: How Lucrative Is The Legal Profession? by frozen70(f): 4:13am On Dec 11, 2018
If you have passion for the job go for it

But if you are after the quick money you will get, be ready for 50/50%
Re: How Lucrative Is The Legal Profession? by hardbody: 4:43am On Dec 11, 2018
murphyibiam15:
to be honest with you...in Nigeria Eliza nurses are more employable than lawyers

The question is, how well?
Re: How Lucrative Is The Legal Profession? by hardbody: 4:52am On Dec 11, 2018
queenfav:
My sister, make we leave them. Years down the line, they will locate this thread and say "you were right"!

You stayed put at ibadan and stuck to local practise with lowly rated firms. Your experience is not a reliable yardstick. We will be here someday when you'd report back how the economy has stultified your business or how government policy has killed your business forays. To think you used to speak highly of the legal profession. I advise people, first make it a passion and money will walk through.

2 Likes

Re: How Lucrative Is The Legal Profession? by queenfav(f): 6:32am On Dec 11, 2018
hardbody:


You stayed put at ibadan and stuck to local practise with lowly rated firms. Your experience is not a reliable yardstick. We will be here someday when you'd report back how the economy has stultified your business or how government policy has killed your business forays. To think you used to speak highly of the legal profession. I advise people, first make it a passion and money will walk through.
lol.. With all due respect i wasn't involved in local practice. My salary was good enough compared to what other firms pay. I worked with Olalekan Ojo and co. Google their clientele so you can verify it's nothing near "local". A firm that handles cases for TB Joshua, Farouk Lawan, Al Mustapha, Obat oil to name a few?I used to speak highly of the legal profession because i never knew the rot beneath the pomp and pageantry the world sees it to be. And, oh.. If my business can thrive in Buhari economy, then i wonder what other economy or government policy can kill my business. Its a business i didn't dabble into. I have been doing it since my undergraduate days, as far back as 2012. So trust me, my business is good!
.
The legal profession is good enough for bragging rights, but don't deny the fact that lawyers are roasting!Many cannot boast of a million naira this December.Some female lawyers came to my hair showroom from the customary court of appeal. They asked about price for a particular hair,my staff told her N67, 500. The ladies shouted, that that's their three months salary..How can a professional be expected to live on N25000?I couldn't help but wonder, if it's worth the stress finally.

2 Likes

Re: How Lucrative Is The Legal Profession? by hardbody: 6:42am On Dec 11, 2018
queenfav:
lol.. With all due respect i wasn't involved in local practice. My salary was good enough compared to what other firms pay. I worked with Olalekan Ojo and co. Google their clientele so you can verify it's nothing near "local". A firm that handles cases for TB Joshua, Farouk Lawan, Al Mustapha, Obat oil to name a few?I still insist, i am better off for it now running my own business.
.
The legal profession is good enough for bragging rights, but don't deny the fact that lawyers are roasting!Many cannot boast of a million naira this December.Some female lawyers came to my hair showroom from the customary court of appeal. They asked about price for a particular hair,my staff told her N67, 500. The ladies shouted, that that's their three months salary..How can a professional be expected to live on N25000?I couldn't help but wonder, if it's worth the stress finally.


Whatever floats your boat. Truth is, if some lawyers are having it rough, it doesn't mean the profession is not worth its weight in gold. Accountants, engineers, etc are all embroiled in this same persistent lack of jobs or low income saga until individuals carve a niche for themselves and grow to their desired height. It is not about the profession, it's about the person and the economy.

1 Like

Re: How Lucrative Is The Legal Profession? by queenfav(f): 6:50am On Dec 11, 2018
hardbody:


Whatever floats your boat. Truth is, if some lawyers are having it rough, it doesn't mean the profession is not worth its weight in gold. Accountants, engineers, etc are all embroiled in this same persistent lack of jobs or low income saga until individuals carve a niche for themselves and grow to their desired height. It is not about the profession, it's about the person and the economy.
Sure.. So let's try to be realistic while dealing with young ones, so they are mentally prepared for what's ahead. Nobody rolls out a red carpet for you, because you are a lawyer. There are too many lawyers and not enough briefs. I have friends working in firms without pay! How can they meet their needs?
.
A classmate whose wife gave birth through CS didn't have N250,000 as savings to pay for the surgical operation. A married man that's 4 years at the bar, also working with a firm. My husband had to ask me how he intends to take care of the baby and wife afterwards? We had to contribute money on our University Alumni whatsapp group to assist him.
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I don't wish a life of financial dependence and uncertainty on anyone. Life is short, i can't spend my youthful days suffering in the name of "passion"!If a profession isn't paying, you leave it to find something more lucrative. At least i am not Dangote, but i can comfortably travel to anywhere in the world, eat what i want and still have money dropping in my account on a daily basis, even in my sleep! So, no regrets whatsoever dumping my wig and gown!

2 Likes

Re: How Lucrative Is The Legal Profession? by hardbody: 7:09am On Dec 11, 2018
queenfav:
Sure.. So let's try to be realistic while dealing with young ones, so they are mentally prepared for what's ahead. Nobody rolls out a red carpet for you, because you are a lawyer. There are too many lawyers and not enough briefs. I have friends working in firms without pay! How can they meet their needs?
.
A classmate whose wife gave birth through CS didn't have N250,000 as savings to pay for the surgical operation. A married man that's 4 years at the bar, also working with a firm. My husband had to ask me how he intends to take care of the baby and wife afterwards? We had to contribute money on our University Alumni whatsapp group to assist him.
.
I don't wish financial dependence for anyone. If a profession isn't paying, you leave it to find something more lucrative. It's this "law is prestigious, i must die in active law practice" that makes many lawyers wallow in poverty! May God help them anyways.

Lawyers are not trained to only practice the profession as advocates. Lawyers can and often do well as solicitors. This is where the real money is, in the short term. You have to build up advocacy skills and clientele and this happens over time. The people I help everyday with their personal and family financial issues are not lawyers, they belong to a wide spectrum of professions including traders like you. My point is, singling out the legal profession as if it is responsible for some people's financial challenges is myopic. Beyond the financial returns, knowing the law and carrying that toga gives you some headroom above contemporaries if you know how to deploy your skills. In the final analysis, it still boils down to the person and the economy, not the profession.

1 Like

Re: How Lucrative Is The Legal Profession? by Jhoanner(f): 8:08am On Dec 11, 2018
The problem with the legal profession right now, just like in any other industry is lack of mentorship. The senior lawyers are slave drivers looking for whose blood to suck dry. If you find yourself in an organisation that doesn't enable your growth, it's better to quit. You should have a short and long-term plan of what you want to achieve. Look for a problem to solve innovatively. Think outside the box. The world needs lawyers. Know your responsibility.
Re: How Lucrative Is The Legal Profession? by TissuePaper: 9:00am On Dec 11, 2018
hardbody:


Lawyers are not trained to only practice the profession as advocates. Lawyers can and often do well as solicitors. This is where the real money is, in the short term. You have to build up advocacy skills and clientele and this happens over time. The people I help everyday with their personal and family financial issues are not lawyers, they belong to a wide spectrum of professions including traders like you. My point is, singling out the legal profession as if it is responsible for some people's financial challenges is myopic. Beyond the financial returns, knowing the law and carrying that toga gives you some headroom above contemporaries if you know how to deploy your skills. In the final analysis, it still boils down to the person and the economy, not the profession.
pls sir I am requesting for some form of mentorship from you, you seem to be vast in the law, I humbly await your reply.
Re: How Lucrative Is The Legal Profession? by TissuePaper: 9:04am On Dec 11, 2018
naijaboiy:

Thank you, it's about the experience and not the certificate.
my Learned colleague how did law school go la, you stopped updating your diary
Re: How Lucrative Is The Legal Profession? by Olumeme: 10:07am On Dec 11, 2018
TissuePaper:
hmm are you suggesting I get a second degree after graduation

Please do if possible, or go get trained in some of this education centers or you might decide to test the waters and see.
I did my human resource management, business development and entrepreneur when I was serving, and now I work as a business development officer, my first salary was 50k I think, while my first class lawyer friend 20k per month.
Before lawyers do sustain themselves with company registrations with CAC and all, but now people do it themselves online.

The bottom line is, look for other opportunities in other fields.
Re: How Lucrative Is The Legal Profession? by hardbody: 10:30am On Dec 11, 2018
TissuePaper:
pls sir I am requesting for some form of mentorship from you, you seem to be vast in the law, I humbly await your reply.

I will be willing to provide whatever guidance as I may be able to garner within my limited constraints. We can take it from there. Have a blessed morning

1 Like

Re: How Lucrative Is The Legal Profession? by kense88: 7:44pm On Dec 11, 2018
pocohantas:


Truth is the new hate speech. People only agree to what they want to hear.

I have lawyer friends, lots of them diversified, got relevant certifications and experience. Before that diversification, better suffer knack them. There is no course that isn't overrated in Nigeria sef, but for a professional course like Law, i[b]ts own overrated deserves Headies Award.[/b]
Keke drivers actually earn much more than most lawyers in this country.

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