Corporate Counsel Salary

Corporate Counsels in the United States see excellent average salaries — about $108K annually. Compensation ranges between $69K and $185K per year. Overall cash earnings of Corporate Counsels stretch from $69K near the bottom to $185K at the top, and the heftiest packages can encompass around $31K each from bonuses and profit sharing. Career length and the particular city each impact pay for this group, with the former having the largest influence. Women are just slightly outnumbered, with male Corporate Counsels making up 55 percent of survey respondents. Medical benefits are awarded to almost all, and a large number earn dental coverage. Job satisfaction for Corporate Counsels is high. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$67,459 - $163,177

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$23.99 - $99.67

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70K$140K$210K
Salary
$67,459 - $163,177  
   
Bonus
$977 - $30,505  
Profit Sharing
$983 - $30,000  
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).
)
$68,673 - $185,253  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 1,316
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$23.99 - $99.67  
   
Overtime
$0.00 - $88.08  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$977 - $30,505  
   
Profit Sharing
$983 - $30,000  
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).
)
$68,673 - $185,253  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 25
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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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As Corporate Counsels transition into upper-level roles such as Vice President and Associate General Counsel, they may see a strong upturn in salary. Vice Presidents and Associate General Counsels earn $192K on average per year. A common career progression for a Corporate Counsel is to become an Associate General Counsel or a General Counsel. Compared to Corporate Counsels, the first group earns $20K more on average, and the second group earns $34K more.

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 6 percent and 15 percent. Skills that seem to negatively impact pay include Legal Document Review, Legal Research, and Contract Management. Those familiar with Contract Negotiation also tend to know 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 lot of experience tend to enjoy higher earnings. Workers in their first five years can expect to earn $90K, but people who have been around for five to 10 years earn a noticeably bigger sum of $128K. Corporate Counsels claiming one to two decades of experience make an estimated median of $148K. More than 20 years of experience mean a somewhat bigger median paycheck of $156K, but it's not much more than what less experienced people make.

Pay Difference by Location


For those looking to make money, Corporate Counsels in Seattle enjoy an exceptional pay rate, 30 percent above the national average. Corporate Counsels will also find cushy salaries in San Francisco (+29 percent), New York (+26 percent), Los Angeles (+21 percent), and Phoenix (+15 percent). In Minneapolis, salaries are 14 percent below the national average and represent the lowest-paying market. Below-median salaries also turn up in Denver and Atlanta (9 percent lower and 8 percent lower, respectively).

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Experience Affects Corporate Counsel Salaries




National Average
$115,000


Skills That Affect Corporate Counsel Salaries

Corporate
up arrow 15%

Real Estate
up arrow 9%


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

National Average
$115,000

Contract Negotiation
up arrow 2%

Litigation Case Management
up arrow 2%

Regulatory Compliance
up arrow 3%

Legal Compliance
up arrow 4%

Mergers and Acquisitions
up arrow 9%




Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 212 votes.

Gender

Female
45 %
Male
55 %

Years of Experience

Less than 1 year
2%
1-4 years
34%
5-9 years
36%
10-19 years
22%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 83%
vision benefits Vision: 69% employee benefits None: 6%
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