Corporate Attorney Salary
Job Description for Corporate Attorney
Corporate lawyers can serve as advisers to business executives, or they may represent a corporation in court. They draft business contracts and amendments. They are involved in various matters, such as company’s mergers, employee benefits, and corporate compliance. They also handle human resources issues and represent their companies when they are sued by employees. They work on behalf of their employers in matters pertaining to patent infringement and customers’ lawsuits. They negotiate and draft license service agreements and buyer/seller agreements.Read More...
Employers usually require that candidates have a bachelor’s degree and a law degree. Some employers require that corporate lawyers have commensurate work experience prior to joining their company. Corporate lawyers must have superior interpersonal and leadership skills. They must have excellent oral and written communications skills. They must have good presentation and speaking skills. They must be able to work independently, as well as in a team environment. They must be ethical and accountable. They must have computer skills. They must be able to use computer programs relevant to their job. They must have strong analytical skills. They must have the ability to maintain strong working relationships with both external and internal clients. They must be familiar with Microsoft Office.
Corporate lawyers are often required to travel to their corporate offices, their company’s clients, and vendors’ sites. They must read professional journals that pertain to their field. They must keep themselves up to date with government laws and regulations relevant to their field. They attend various meetings and conferences.
Corporate Attorney Tasks
- 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.
- Represent clients in court or before government agencies, present and summarize cases to judges and juries.
- 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.
Common Career Paths for Corporate Attorney
Corporate Attorneys do not often transition into General Counsel roles. The role averages $152K per year. A common career progression for a Corporate Attorney is to become a Corporate Counsel or an Associate General Counsel. Compared to Corporate Attorneys, the first group earns $15K more on average, and the second group earns $33K more.
Corporate Counsel Job Listings
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Popular Skills for Corporate Attorney
Survey results imply that Corporate Attorneys put a diverse skill set to use. Most notably, skills in Contract Negotiation, Legal Document Review, Legal Compliance, and Mergers and Acquisitions are correlated to pay that is above average. Those listing Intellectual Property as a skill should be prepared for drastically lower pay. Regulatory Compliance and Mergers and Acquisitions also typically command lower compensation. It is often found that people who know Contract Negotiation are also skilled in Legal Document Review.
Pay by Experience Level for Corporate Attorney
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. In this occupation, salaries for the relatively untested average out to $89K, but folks in the five-to-10 year range enjoy a much heftier median of $118K. For Corporate Attorneys, 10 to 20 years of experience on the job amounts to an average salary of $148K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $196K.