Earnings
The U.S. Department of Labor reports that in 2023 the median salary for all lawyers was $145,760 with the lowest 10 percent earning $69,760 and the highest 25 percent earning $217,360. Bankruptcy lawyers earned average salaries of $134,704 in 2024, according to ZipRecruiter.com.
Bankruptcy lawyers usually receive paid vacations and holidays, sick leave, hospitalization and insurance benefits, and pension programs. Some employers also offer profit-sharing plans. Self-employed lawyers must provide their own benefits.
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