The Student Room Group

Areas of law

I want to be a solicitor in the future so I started looking into the different areas. Whilst I know corporate law is the most lucrative area, I wanted to know if there were other areas of law that payed relatively highly (90-100k after 10yrs experience).
Thanks for any help (I'm UK btw)
Reply 1
Original post by pleasantday
I want to be a solicitor in the future so I started looking into the different areas. Whilst I know corporate law is the most lucrative area, I wanted to know if there were other areas of law that payed relatively highly (90-100k after 10yrs experience).
Thanks for any help (I'm UK btw)

Oh and I meant good pay but less gruelling/dull and obviously not as lucrative as the corporate industry.
Original post by pleasantday
I want to be a solicitor in the future so I started looking into the different areas. Whilst I know corporate law is the most lucrative area, I wanted to know if there were other areas of law that payed relatively highly (90-100k after 10yrs experience).
Thanks for any help (I'm UK btw)

Hi,

I’d say it’s great that you’re exploring your options early! While corporate law is indeed one of the most lucrative areas, other fields can also offer high earning potential with 10+ years of experience. For instance, areas like commercial litigation, banking and finance law, intellectual property law, and tax law often pay very well, especially if you’re working in top-tier law firms. Additionally, niche fields like competition law, energy law, and technology law are growing rapidly and can be highly rewarding. Your earnings will depend on factors like the size and location of the firm, as well as your specialization, so it’s worth exploring areas you’re passionate about while considering their earning potential.

Best wishes,
Sabba | Coventry University Student Ambassador | Law LLB
Original post by Coventry University Student Ambassadors
Hi,
I’d say it’s great that you’re exploring your options early! While corporate law is indeed one of the most lucrative areas, other fields can also offer high earning potential with 10+ years of experience. For instance, areas like commercial litigation, banking and finance law, intellectual property law, and tax law often pay very well, especially if you’re working in top-tier law firms. Additionally, niche fields like competition law, energy law, and technology law are growing rapidly and can be highly rewarding. Your earnings will depend on factors like the size and location of the firm, as well as your specialization, so it’s worth exploring areas you’re passionate about while considering their earning potential.
Best wishes,
Sabba | Coventry University Student Ambassador | Law LLB

I know that you mean well, but your summaries of legal practice are not entirely accurate. For example, competition law and energy law are not "niche fields". They are massive practice areas.

In addition, each of the practice areas which you mention is labour-intensive, and involves work which many would regard as dull.

Many posters here use "corporate law" inaccurately to describe all of the practice areas which you mention, so props if, as appears to be the case, you know what corporate law actually means.

OP, to earn at the level you seek in the law you would have to work quite hard, but you might be able to achieve a work/life balance in fields such as commercial landlord and tenant work, business crime, privately paid immigration, and agricultural work. Perhaps look into medium sized commercial law firms in provincial cities which have industrial clients. People who make stuff are better to act for than finance bros.

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