Any profession needs to meet certain requirements in terms of conditions. The lawyer is one of the professions that most people look at and think is a very easy job to get rich. However, in fact, in order to follow this profession, many future lawyers have to go through many hardships to become true lawyers. So is the legal profession rich? What is the income level of this profession? Today, LSX Lawfirm will give you an article about “Is the legal profession in Vietnam rich?“, as follows:
Legal grounds
Law on Lawyers 2006 amended and supplemented in 2012.
Is the legal profession rich?
Lawyers are all people who are licensed to practice law and have an obligation to apply the law to protect the interests of their clients and clients. Lawyers often have obligations associated with their field of activity such as: consulting and giving legal advice; consulting on contract drafting; researching and collecting evidence and pieces of evidence to compile documents in service of cases and disputes; consulting in buying and selling transactions; performing defense and represent the client in court proceedings.
So Comparing the legal profession in Vietnam with other countries in the world, we can easily see that our country is “quite difficult to get rich”.
Are you rich as a lawyer?
The legal profession in Vietnam, they do not appreciate the role of a lawyer, they think that lawyers are just hired workers, they do not understand the value that lawyers bring. in each case or case or advise them on necessary issues. And there are people who think that in the cases the lawyer can win or lose, but they are not sure which side is the one, and set the price of the case themselves and force the lawyer to settle.
For a lawyer who is legally knowledgeable, in the process of solving a case or a certain case, the lawyer will be the consultant and the person who protects everyone before the competent state agency. or perform legal services to best protect the interests of citizens. Not a person who can change white for black, or can be solved directly. The vast majority of Vietnamese people misunderstand that then.
Income of the legal profession in Vietnam
The salary of a lawyer is paid by a law-practicing organization depending on the contribution of the lawyer. But not lower than the minimum wage prescribed by the State. In the current Vietnamese legal market, the average salary of lawyers at famous law offices, or economic lawyers at private companies is as follows:
| Legal experience | Lawyer salary/month |
| Not available yet | 2-6 million |
| 1-3 years | Over 6 million |
| 3-5 years | Over 10 million |
| 5-10 years | Over 20 million |
| Partner/Head of Department | 30-40 million and a percentage of revenue |
| Managing Partner/Director | Depending on the company’s revenue |
In fact, it shows that for lawyers who have little experience in providing legal advice in private companies or doing contracts in enterprises, the first few months of salary are usually just enough to spend and cover their own lives. After 2-3 years, when I really have a stable job and my income is not too rich compared to the current economic development.
Can foreign lawyers practice in Vietnam?
Pursuant to Article 74 of the Law on Lawyers 2006, amended and supplemented with 2012, a foreign lawyer may practice in Vietnam when satisfying the following conditions:
- Firstly, Having a valid law practice certificate issued by a competent foreign agency or organization;
- Having experience in consulting foreign and international law;
- Secondly, Commitment to comply with the Constitution, Law of the Socialist Republic of Vietnam.
- Commitment to work according to the code of ethics and professional conduct for Vietnamese lawyers;
- Thirdly, Being appointed by a foreign law-practicing organization to practice in Vietnam, or be recruited by a branch, foreign law firm in Vietnam, or a Vietnamese law-practicing organization to work in such organizations.
Consulting service of LSX Lawfirm
Above is LSX Lawfirm’s advice on the content of the problem “Is the legal profession in Vietnam rich?“. And all the above knowledge to use in work and life. If you have any questions and need more advice and help, please contact the hotline for the reception. Lawyer X is a place that provides reputable and fast business services at reasonable prices. Customers will be extremely satisfied when using our services.
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Related questions
Accordingly, the provisions of Article 5 of the Law on Lawyers 2006 were amended and supplemented in 2012. Lawyers in Vietnam practice according to the following principles:
– Firstly, Comply with the Constitution and laws;
– Secondly, Comply with the code of ethics and professional conduct for Vietnamese lawyers;
– Thirdly, Independence; honesty; respect for objective truth;
– Finally, Use legal measures to best protect the legitimate rights and interests of customers;
– To take responsibility before law for the lawyer’s professional activities.
Factors that serve as a basis for determining a lawyer’s salary can include
– Experience.
– Foreign Language.
– Legal thinking.
– Certificate of practicing law.
– Other legal certifications.
A lawyer is a person who practices related to the field of law when meeting the standards and conditions for practice as prescribed by the laws of each country. Lawyers provide legal services at the request of individuals, agencies, and organizations (collectively referred to as clients). Lawyers provide legal services such as legal advice, drafting documents, organizing negotiations, negotiating on legal issues, and can represent clients or protecting their interests. before the court during the proceedings.
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