Bar News - November 3, 2006
Characteristics of NH Lawyers by Age
If you are a lawyer under age 30:
- You are more likely to be female. 60 percent of the NH Bar members under the age of 30 are female. (Essentially, this is a reversal of the overall Bar demographic, in which women comprise less than one-third of the total membership.)
- You are more likely (than lawyers in other age groups), to be in a large practice. Thirty-eight percent of the lawyers under 30 are in firms with more than 20 lawyers.
- You are most likely to be earning somewhere between $30,000 to $60,000 per year. For lawyers under 30, 30 percent earn between $30,000 to $45,000, and another 35 percent earn between $45,000 and $60,000.
- You are very likely to have a billing rate under $150 per hour, and extremely likely to have a billing rate under $175 per hour.
- If you are a lawyer in your 30s:
- You are just as likely to be male as female. About 48 percent of the NH Bar members in their 30s are female.
- You are still more likely to be in a large practice. Thirty-two percent of the lawyers ages 31 to 40 are working in a firm with 20 or more lawyers.
- You are likely to be earning between $45,000 to $75,000 per year. For lawyers ages 31 to 40, 21 percent make between $45,000 to $60,000 and another 25 percent take in between $60,000 and $75,000 per year. Your billing rates will very likely average around $150 per hour.
If you are a lawyer in your 40s:
- You are more likely to be male (60 percent of the NH Bar membership in their 40s are men).
- You are likely to be to working on your own. For lawyers between 41 to 50, only 24 percent are working in a firm with more than 20 lawyers, while 28 percent are in a business where they are the only attorney.
- Your income is higher. About one-third of the lawyers in this age group are earning over $100,000 per year.
- Your billing rates are higher. Approximately 40 percent of the lawyers in this age group are billing over $175 per hour.
If you are a lawyer over the age of 50:
- It’s extremely likely that you are male. About 78 percent of the lawyers over age 50 are male.
- Highly likely that you ‘own your own.’ About a third (31 percent) of the lawyers over the age of 50 are in a business where they are the only attorney.
- You are in your ‘peak earning years.’ About half the lawyers in this age group are earning over $100,000 per year. Almost a third of the lawyers in this age group are billing at over $200 per hour.
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