Top Five Highly Paid Law Specialties

Law operates everywhere. Be it in your house as family law, at your workplace as business law or within your assets as real estate law, law is everywhere. Without a doubt, a lawyer is one of the highly paid individuals of the city. If not fighting for a courtroom trial, you will at least need lawyers to give you legal advice for your situation. Despite the most demanded Cincinnati foreclosure defense lawyers and Cincinnati OVI attorney, there are other specialties in law that make the best of your career and promise you handsome salaries once you have passed the bar exam. Below are the top five law specializations that are the most popular among law students.

Criminal law

This is the most common type of law specialization. This branch also includes DUI laws, which are again one of the most cases lawyers deal with each day. According to a survey, nearly forty four percent of all traffic accidents that prove to be fatal are caused by driving under influence. Criminal law is about governmental prosecution of someone who has committed a crime, as said by the public law. If an act is not labeled as a crime by governmental statue or common law, then there are more chances that the case is considered as civil, not criminal. In short, the act that is done should be approved as a crime.

Tax law

This law revolves around corporate people and organizations who want to pay taxes according to their profits and requirements. The rules of tax laws are concerned with Internal Revenue Code, constitution and other statutes. All tax disputes are addressed in US Court Tax Court which may rise to the Supreme Court if the matter is serious.

Corporate law

This branch is another famous specialization. The advantage of corporate law is this that it covers subcategories like maritime law, acquisition and most of the business law. For business law, proper documentation is an integral part that is emphasized upon. This branch deals with industry and commerce as well as tenders and trade marking. As for maritime law, this branch usually deals with disputes of ownership of goods and shipping.

Divorce law

The divorce rate in USA is fifty percent for example almost half of all the couples end up getting a divorce. Such high ratio makes the divorce law a specialization that is very popular. Divorce lawyers deal with two parties who wish to part. This branch of law usually tries to reach on a solution for the best settlement of its clients. Especially where there are children in the case, the court takes the decision that is in best interests of children.

Constitutional law

This branch of law is thought to be as the most diverse branch of law. Constitutional law usually deals with proper understanding and application of the US Constitution. This understanding of law is therefore helpful for both federal and state governments and helps to resolves disputes among them. Therefore, this branch is not limited to only Federal government but also covers aspects of state governments. Mostly these cases are dealt with in the Supreme Court.

Source by Connor R Sullivan

Diana McCalpin is an accountant who manages a Certified Public Accounting Practice in Laurel, Maryland which performs audit, accounting and tax services to customers. She loves to share information with clients to help them grow their businesses and be profitable.

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