Business Day (Nigeria)

UK Lawyers earn £64k on average — the third highest salary beaten only by Switzerlan­d and Germany

- Thisarticl­ewasorigin­allypublis­hed byaishahhu­ssain

Ever wondered how much lawyers in the UK earn compared with their European counterpar­ts? Well, the

number crunchers at an investment advice website have ranked the European countries where lawyers can earn the most.

The research found that lawyers in the UK earn £63,951 on average a year. This puts them in third place out of the 24 EU countries analysed. Invezz, the website which analysed data from Glassdoor, an employer

feedback website, said that informatio­n regarding lawyers’ salaries was not available in all EU countries.the study also found that lawyers in the UK earn 91% more than the national average annual wage.

Swiss lawyers are the highest paid in Europe earning an average annual salary of £115,858. It’s worth noting that salaries in Switzerlan­d are generally quite high to match the costs of living. German lawyers make the

second highest annual income with an average of £72,253.

Irish lawyers (£59,231) and

Dutch lawyers (£57,304) come

in fourth and fifth place, respective­ly, while lawyers in Luxembourg are the sixth highest paid

in Europe (£55,626), according

to the number bods. Belgian

(£54,207) and French (£52,260) lawyers rank in seventh and eighth position and are the final two on the list where lawyers earn above £50,000.

At the lower end of the pay scale, Invezz found that lawyers in Turkey

(£8,760) and Greece (£9,680) are

among the lowest paid in Europe, banking under £10,000 each year.

Greek lawyers also make 40% less

than the average annual salary in the country, which is £15,906, according to the study.

The findings come as the majority of law firms implemente­d a range of cost-cutting measures to ward off the financial impact of the coronaviru­s pandemic. These include lawyer pay cuts or freezes and delays to bonus decisions. site

onthelegal­cheekweb

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