Lawyers Salary in Albany, NY

In Albany, NY, the typical lawyer earns a median annual salary of $123,590, which is approximately $59.42 per hour. This figure falls below the national median for lawyers, which stands at $151,160, indicating that salaries in this region are somewhat lower than the average across the United States. When compared to the local household income in Albany, a lawyer's salary exceeds it significantly; the area’s median household income is $86,072. This suggests that legal professionals in Albany have earnings considerably higher than the typical household, positioning them well above average earners within their community.

Entry-level lawyers in Albany start at salaries around the 10th percentile mark, earning approximately $77,030 annually, while those at the 25th percentile earn about $95,940. On the other end of the spectrum, experienced attorneys who reach the 75th percentile can expect to earn a median salary of $167,570, with those in the 90th percentile potentially making as much as $214,670 per year. The substantial difference between entry-level and experienced lawyers' earnings is driven primarily by factors such as years of experience, specialization within the legal field, reputation, and negotiation skills. Additionally, employment opportunities are relatively stable, with an estimated 3,370 lawyers working in Albany, against a local unemployment rate of 3.30%.