Foreclosure Lawyer: Pros and Cons
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Foreclosure lawyers represent people and businesses in court proceedings that involve borrowing and lending services. You can discover more pros and cons to being a foreclosure lawyer by reading below.
| PROS of a Career as a Foreclosure Lawyer |
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| Continual career openings are expected, since businesses, people and the government are often in need of legal services* |
| Average income is generally high (about $133,000 as of May 2014)* |
| Advancement opportunities available by becoming a partner with a firm* |
| Self-employment is an option (22% of lawyers were self-employed in 2012)* |
| CONS of a Career as a Foreclosure Lawyer |
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| Requires graduate education (typically seven years of postsecondary schooling)* |
| In order to practice as a foreclosure lawyer, you need to be licensed by your state* |
| Continuing education is normally necessary to remain employed as a lawyer* |
| Long hours at work are common for lawyers* |
Source: *U.S. Bureau of Labor Statistics.
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