Review Of Tax Attorney Salary In Nyc 2023

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Tax Attorney Salary in NYC: What You Need to Know

Introduction

If you're considering a career as a tax attorney in New York City, you're probably wondering about the salary you can expect to earn. While there are a number of factors that can influence your earnings, including your level of experience, the size of the firm you work for, and the type of clients you serve, there are some general trends that can give you an idea of what to expect.

Starting Salaries for Tax Attorneys in NYC

As a new tax attorney in New York City, you can expect to earn a starting salary of around $80,000 to $100,000 per year. This may seem like a lot of money, but it's important to remember that the cost of living in New York City is very high, so you'll need to budget carefully to make ends meet.

Mid-Career Salaries for Tax Attorneys in NYC

After several years of experience, you can expect your salary to increase significantly. Mid-career tax attorneys in New York City typically earn between $150,000 and $250,000 per year, depending on their level of experience and the type of firm they work for.

Partner Salaries for Tax Attorneys in NYC

If you're able to make partner at a law firm, you can expect to earn a salary of $500,000 or more per year. However, making partner is a highly competitive process, and it can take many years of hard work and dedication to reach this level.

Other Factors That Can Affect Your Salary

While your level of experience and the type of firm you work for are two major factors that can influence your salary, there are other factors to consider as well. For example, if you specialize in a particular area of tax law, such as estate planning or international tax law, you may be able to command a higher salary than a general tax attorney.

Conclusion

In conclusion, if you're considering a career as a tax attorney in New York City, you can expect to earn a starting salary of around $80,000 to $100,000 per year, with the potential to earn significantly more as you gain experience and establish yourself in the field. While the competition can be fierce, the rewards can be substantial for those who are willing to put in the hard work and dedication required to succeed.

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