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Corporate Counsel Salary

Salaries for Corporate Counsels in the United States are generous, with average pay above six figures ($108K) per year. Compensation ranges from $69K on the lower end to $186K per year on the higher end. The range in cash compensation to Corporate Counsels ($69K to $186K) includes potential earnings of $31K each from bonuses and profit sharing in exceptional cases. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Men make up a slight majority of Corporate Counsels (55 percent) who responded to the survey. Medical benefits are awarded to almost all, and a large number earn dental coverage. Most Corporate Counsels like their work and job satisfaction is high. This overview is based on answers to PayScale's salary questionnaire.
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$67,818 - $163,163
(Median)
$68K
$110K
$160K
MEDIAN: $108,429
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
$67,818 - $163,163  
   
Bonus
$1,006 - $30,605  
Profit Sharing
$980 - $30,304  
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).
)
$69,234 - $186,175  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 1,297
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
$1,006 - $30,605  
   
Profit Sharing
$980 - $30,304  
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).
)
$69,234 - $186,175  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 25
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' salaries may rise greatly for those who assume a higher-end position such as a Vice President and Associate General Counsel. The average Vice President and Associate General Counsel brings home $192K per year. When Corporate Counsels are ready for the next step in their careers, they often become General Counsels or Associate General Counsels. Those roles pay an additional $33K and $20K, respectively.

Corporate Counsel Job Listings

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Popular Skills for Corporate Counsel


Corporate Counsels seem to require a rather large skill set. 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. Skills that pay less than market rate include Legal Document Review, Legal Research, and Contract Management. It is often found that people who know Contract Negotiation are also skilled 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 generally obtain higher compensation for more plentiful past experience. Whereas the median salary for inexperienced employees is approximately $91K, incomes in the five-to-10 year group are significantly higher, averaging to the comfortable six-figure sum of $128K. Corporate Counsels with one to two decades of relevant experience report an average salary of approximately $146K. Corporate Counsels who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $155K.

Pay Difference by Location


Corporate Counsels will find that Seattle offers an impressive pay rate, one which exceeds the national average by 32 percent. Corporate Counsels will also find cushy salaries in New York (+27 percent), San Francisco (+24 percent), Phoenix (+14 percent), and San Diego (+14 percent). Minneapolis is the lowest-paying area, 16 percent south of the national average. A couple other locations with smaller-than-average paychecks include Denver (11 percent lower) and Atlanta (7 percent lower).

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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 9%




Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 227 votes.

Gender

Female
45 %
Male
55 %

Years of Experience

Less than 1 year
2%
1-4 years
33%
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: 68% employee benefits None: 6%
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