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Corporate Counsel Salary

Salaries for Corporate Counsels in the United States are generous, with average pay above six figures ($109K) per year. Pay ranges from $69K on the low end to $187K per year on the high end. Overall cash earnings for Corporate Counsels vary widely between $69K and $187K; for a few high rollers, the final number can encompass upwards of $31K each from bonuses and profit sharing proceeds. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a majority. Male Corporate Counsels are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 56 percent of the field. The majority of Corporate Counsels claim high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$67,772 - $163,098
(Median)
$68K
$110K
$160K
MEDIAN: $108,630
10%
50%
90%

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$23.99 - $99.67
(Median)
$24
$43
$100
MEDIAN: $42.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$67,772 - $163,098  
   
Bonus
$1,012 - $30,599  
Profit Sharing
$981 - $31,354  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$69,199 - $186,605  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,291
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$23.99 - $99.67  
   
Overtime
$0.00 - $88.08  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$1,012 - $30,599  
   
Profit Sharing
$981 - $31,354  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$69,199 - $186,605  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 25

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United States (change)


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Job Description for Corporate Counsel

Corporate counsel work with sales, marketing, and operations by offering appropriate legal and non-legal advice. These professionals are generally retained to work as a legal agent for the business entity.

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Corporate Counsel Tasks

  • Negotiate and draft commercial contracts.
  • Handle complaints and compliance matters.
  • Provide legal guidance to business and technical departments.
  • Conduct research on legal matters.
  • Work with regulators on business and regulatory issues.

Common Career Paths for Corporate Counsel


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Corporate Counsels may progress into high-paying roles like Vice President and Associate General Counsel, where median compensation is $191K annually. Corporate Counsels most often move into positions as General Counsels or Associate General Counsels; those groups report median salaries that are $33K higher and $20K higher, respectively.

Corporate Counsel Job Listings

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Popular Skills for Corporate Counsel


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Corporate, Real Estate, Intellectual Property, and Securities and Exchange Commision Experience are correlated to pay that is above average, with boosts between 7 percent and 14 percent. At the other end of the pay range are skills like Legal Research, Contract Management, and Legal Document Review. Those educated in Contract Negotiation tend to be well versed in Regulatory Compliance.

Pay by Experience Level for Corporate Counsel

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Corporate Counsels with a rich background of experience are typically rewarded with larger paychecks. Salaries of relatively inexperienced workers fall in the neighborhood of $91K, but folks who have racked up five to 10 years see a notably higher median of $128K. After working for 10 to 20 years, Corporate Counsels make a median salary of $146K. People who have worked for more than 20 years report a median income of $155K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


Seattle offers some of the highest pay in the country for Corporate Counsels, 31 percent above the national average. Corporate Counsels will also find cushy salaries in New York (+26 percent), San Francisco (+24 percent), Washington (+16 percent), and San Diego (+16 percent). Those in the field find the lowest salaries in Minneapolis, 16 percent below the national average. Denver and Atlanta are a couple other places where companies are known to pay below the median — salaries are 9 percent lower and 7 percent lower, respectively.

Related Job Salaries

United States (change)

Experience Affects Corporate Counsel Salaries




National Average
$116,000


Skills That Affect Corporate Counsel Salaries

Corporate
up arrow 14%

Real Estate
up arrow 8%


Securities and Exchange Commision (SEC) Experience
up arrow 3%

National Average
$116,000

Contract Negotiation
up arrow 2%

Legal Compliance
up arrow 3%

Regulatory Compliance
up arrow 3%

Litigation Case Management
up arrow 4%

Mergers and Acquisitions
up arrow 10%




Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 230 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
2%
1-4 years
32%
5-9 years
36%
10-19 years
22%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 82%
vision benefits Vision: 67% employee benefits None: 6%
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