Top Five Highly Paid Law Specialties

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The law operates everywhere. Whether it’s in your home as family law, in your workplace as business law or in your assets as real estate law, law is everywhere. Without a doubt, a lawyer is one of the most highly paid individuals in town. If you’re not fighting for a courtroom trial, you’ll at least need a lawyer to give you legal advice for your situation. Although Cincinnati’s most charged foreclosure defense attorney and OVI Cincinnati attorney, there are other specialties in law that make your career best and promise a good salary once you pass the bar exam. Below are the top five legal specialties that are most popular among law students.

Criminal Law

This is the most common type of legal specialization. This branch also covers DUI law, which is again one of the most cases lawyers handle on a daily basis. According to a survey, nearly forty-four percent of all traffic accidents that prove fatal are caused by driving under the influence. Criminal law is about prosecuting a government against someone who has committed a crime, as public law says. If an act is not labeled a crime by the government statue or common law, then there are more chances of the case being considered civil, not criminal. In short, the act committed must be recognized as a crime.

Tax law

This law revolves around those companies and organizations that wish to pay taxes according to their profits and terms. The rules of tax law relate to the Internal Revenue Code, the constitution and other laws. All tax disputes are handled in the US Court of Tax Courts which can go up to the Supreme Court if the matter is serious.

company law

This branch is another famous specialty. The advantage of corporate law is that it includes subcategories such as maritime law, acquisitions, and most of the business law. For business law, proper documentation is an integral part that is emphasized. This branch deals with industry and trade as well as tenders and trademarks. As for maritime law, this branch usually deals with disputes over ownership of goods and shipping.

divorce law

The divorce rate in the United States is fifty percent for example nearly half of all couples eventually divorce. Such a high ratio makes divorce law a very popular specialty. Divorce lawyers deal with two parties who wish to separate. This branch of law usually tries to find a solution for the best settlement of its clients. Moreover, if there are children in the case, the court makes decisions that are in the best interests of the child.

Constitutional law

This branch of law is considered to be the most diverse branch of law. Constitutional law is usually concerned with the proper understanding and application of the US Constitution. Therefore, understanding this law is beneficial to the federal and state governments and helps resolve disputes between them. Hence, this branch is not limited to just Federal government but also covers aspects of state government. Most of these cases are handled in the Supreme Court.

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