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Average Lawyers Salary in Little Rock-North Little Rock-Conway, AR

Lawyers in the Little Rock-North Little Rock-Conway, AR metropolitan area can expect an average annual salary of $136,230. This figure is notably below the national average of $194,940, suggesting that local economic factors and demand dynamics play a significant role in compensation within this region. The specific pay rates are influenced by the unique market conditions and the overall economic landscape of Arkansas.

Executive Summary

  • Average Salary: $136,230 per year.
  • Growth Trend: Salaries have shifted 52.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $180,690.
  • Outlook: With a local workforce of 1,840 legal professionals and a Location Quotient of 1.08, the Little Rock-North Little Rock-Conway, AR area demonstrates a slightly higher concentration of lawyers than the national average. This indicates a stable, albeit not rapidly expanding, demand for legal services within the region, suggesting a robust job market for experienced attorneys.
2024 Market Data

Salary Overview

$136,230

The average Lawyers in Little Rock-North Little Rock-Conway, AR earns-30.1%below the national average.

BreakdownBased on 40h/week
Hourly

$65.5

Weekly

$2,620

Monthly

$11,353

Lawyers Salary Distribution in Little Rock-North Little Rock-Conway, AR

Salary progression for lawyers in Little Rock-North Little Rock-Conway, AR typically shows a significant increase with experience. Entry-level positions may start considerably lower than the average, while senior or specialized roles can command salaries well above $136,230. The percentile gaps in earnings clearly signify the career progression and increased earning potential as one moves from junior associate to partner or senior counsel.

Experience LevelMarket PercentileAnnual WageHourly Rate
Legal AssistantResearch, drafting documents, case support.10% (Entry)$47,360$22.8
AssociateHandling depositions, smaller cases independently.25% (Junior)$102,173$49.1
Senior AssociateLead on cases, client management, trial experience.50% (Median)$81,680$39.3
Counsel / PartnerBusiness development, specialized high-stakes cases.75% (Senior)$170,288$81.9
Managing PartnerFirm leadership. Executive strategy.90% (Expert)$180,690$86.9

Detailed Lawyers Market Analysis

Relocation Context

Nominal Salary

$136,230

Gross Pay

Real Wage (Purchasing Power)

$136,230

Adjusted for COL (100)

The nominal average salary of $136,230 in Little Rock-North Little Rock-Conway, AR aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a lawyer's salary in this area is equivalent to the national average, indicating that the local salary, while lower than the national average, is commensurate with the cost of living.

Job Market Context

1,840

Total Jobs

5.216

Per 1K Jobs

1.08

Location Quotient

Above Average

With a location quotient of 1.08, Little Rock-North Little Rock-Conway, AR has a slightly higher-than-average concentration of Lawyers roles compared to the national norm.

The Location Quotient of 1.08 for lawyers in Little Rock-North Little Rock-Conway, AR suggests a job market that is slightly more concentrated than the national average. This indicates a healthy presence of legal professionals, implying a competitive environment but also a consistent demand for legal expertise within the metropolitan area.

Nearby Job Markets

Nearby Cities for Lawyers

Comparing salaries near Little Rock-North Little Rock-Conway, AR

Hiring Lawyerss?

Frequently Asked Questions

How much does a Lawyers make in Little Rock-North Little Rock-Conway, AR?

The median annual salary for a Lawyers in Little Rock-North Little Rock-Conway, AR is $136,230. This typically ranges from $47,360 for entry-level positions to $180,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Little Rock-North Little Rock-Conway, AR is 30.1% lower than the national median of $194,940.

Is Little Rock-North Little Rock-Conway, AR a lucrative place for Lawyerss?

No, but it offers good value.While the average salary of $136,230 is below the national average, the cost of living is also at the national average. This means your earnings provide average purchasing power, making it a stable, though not exceptionally high-paying, market.

Is Little Rock-North Little Rock-Conway, AR a good place to live for Lawyers?

The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?

Some top paying nearby cities include South Arkansas nonmetropolitan area ($99,550) and North Arkansas nonmetropolitan area.

How does the Little Rock lawyer salary compare to the national average?

The average lawyer salary in Little Rock-North Little Rock-Conway, AR is $136,230, which is significantly lower than the national average of $194,940.

What is the concentration of lawyers in Little Rock-North Little Rock-Conway, AR?

The concentration, measured by the Location Quotient, is 1.08, indicating a slightly higher presence of lawyers compared to the national average.

How does the cost of living in Little Rock-North Little Rock-Conway, AR affect salary perception?

With a Cost of Living Index of 100, the local cost of living matches the national average. Therefore, the $136,230 salary offers average purchasing power locally.

What does the number of jobs per 1,000 workers indicate for lawyers in this area?

There are 5.216 jobs per 1,000 workers for lawyers, suggesting a moderate level of employment opportunities within the legal sector in this region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,840 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 5.216 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.