Attorney / Lawyer (Corporate, in-house) Salary
Corporate In-House Lawyers in the United States see excellent average salaries — about $100K annually. Total incomes of Corporate In-House Lawyers incorporate potential for, in a few cases, more than $41K from bonuses and close to $15K from profit sharing; these performance components cause packages to range between $70K and $193K. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Women make up a slight majority of Corporate In-House Lawyers (56 percent) survey respondents. Most Corporate In-House Lawyers report high levels of job satisfaction. Medical benefits are awarded to almost all, and a fair number earn dental coverage. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
Job Description for Attorney / Lawyer (Corporate, in-house)
Positions as an attorney/lawyer (corporate, in-house) are available in a wide variety of industries and companies, as almost any company that is large enough to warrant in-house counsel will hire these attorneys. The exact duties performed by these attorneys vary based on the company’s industry and needs, but typical tasks include handling brokerage agreements, non-disclosure agreements, contract reviews, and transactional support. Counseling and negotiation support are also necessary, as is non-litigation dispute resolution. The attorney/lawyer (corporate, in-house) also works with other attorneys representing the company, and they have regular contact with clients and management.Read More...
Attorneys/lawyers (corporate, in-house) generally work full time in an office environment, but regular teleconferencing and travel to remote offices may be necessary depending on the company’s structure. Work hours vary by project and company, but these attorneys typically work during regular business hours; overtime may also be required depending on the organization's needs.
Because these attorneys work in a wide variety of fields and positions, requirements for these jobs vary widely. However, a juris doctorate degree and admission to the bar in the state in which they work are generally required. Different positions have different experience requirements, with large companies typically seeking more experienced lawyers; however, a minimum of five years in a similar position is a common requirement. Excellent communication, organizational, analytical, and collaborative skills are necessary in this position as well.
Attorney / Lawyer (Corporate, in-house) Tasks
- Advise clients in business transactions, claim liablility, advisability of prosecuting or defending lawsuits or legal rights and obligations.
- Select jurors, argue motions, meet with judges and question witnesses during the course of a trial.
- Represent clients in court or before government agencies, present and summarize cases to judges and juries.
- Gather evidence to formulate defense or to initiate legal actions; evaluate findings and develop strategies and arguments for presentation of cases.
- Analyze and interpret laws, rulings and regulations with probable case outcomes for individuals and businesses.
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Popular Skills for Attorney / Lawyer (Corporate, in-house)
Overall, survey participants reported applying a fair number of skills to their work. Most notably, facility with Real Estate, Legal Compliance, and Contract Negotiation are correlated to pay that is significantly above average, leading to increases of 22 percent, 5 percent, and 4 percent, respectively. At the other end of the pay range are skills like Regulatory Compliance, Litigation Case Management, and Contract Management. For most people, competency in Contract Negotiation indicates knowledge of Contract Management.
Pay by Experience Level for Attorney / Lawyer (Corporate, in-house)
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Corporate In-House Lawyers with a rich background of experience are typically rewarded with larger paychecks. The relatively untested earn a median of $93K per year, but survey respondents who have racked up five to 10 years of experience report a six-figure median of $104K. Corporate In-House Lawyers bring in $128K after working for 10 to 20 years. Average wages for folks with more than 20 years of experience come out to around $153K.
Pay Difference by Location
Surpassing the national average by 33 percent, Corporate In-House Lawyers in Houston receive some of the highest pay in the country. Corporate In-House Lawyers will also find cushy salaries in San Francisco (+27 percent) and Boston (+14 percent). The lowest-paying market is Los Angeles, which sits 21 percent below the national average, proving that location is a significant contributor to overall pay.