Television personality and entertainment lawyer Phaedra Parks, has an estimated net worth of $2 million and an annual salary of $300 thousand as of 2013. She has accumulated her wealth as a Managing Partner and attorney in the law firm Parks Groups PC. The firm deals with entertainer’s and athlete’s contract negotiations, litigations and criminal defenses.

She has been a legal analyst for Fox News and NBC, and has appeared in shows such as Entertainment Tonight, Court TV and Extra. She has a reputation for representing high profile clients such as Michael Jackson, Ludacris, and Bobby Brown among others. Jezebel magazine awarded her the Honors of Attorney of Distinction and has served on various boards including Grammy Recording Board, UGA Law School Board and G-Capp. She was awarded the Attorney of the year award in 2006, and acquired recognition in magazines such as The Atlanta Business Chronicle and Rolling Out Magazine. She has also starred in season three of “Real Housewives of Atlanta” and made a name for herself as one of the Top Women of Influence in Atlanta.