Corporate Counsel Salary

Corporate Counsels receive generous compensation in the United States — earning an average of $108K per year, their standard salaries shoot well into the six-figure range. Pay generally varies between $69K and $185K per year. Total cash compensation to Corporate Counsels ranges from $69K on the lower end to $185K on the higher end; the final number includes potential for approximately $30K each from bonuses and profit sharing in exceptional cases. Career length is the biggest factor affecting pay for this group, followed by geography. Women are just slightly outnumbered, with male Corporate Counsels making up 55 percent of survey respondents. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to the larger part. Job satisfaction is high and work is enjoyable for most Corporate Counsels. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$67,589 - $163,103
(Median)
$68K
$110K
$160K
MEDIAN: $107,835
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
$67,589 - $163,103  
   
Bonus
$970 - $30,493  
Profit Sharing
$982 - $30,100  
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).
)
$68,797 - $185,152  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,310
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
$970 - $30,493  
   
Profit Sharing
$982 - $30,100  
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).
)
$68,797 - $185,152  
Country: United States | Currency: USD | Updated: 2 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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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. The most common next step for a Corporate Counsel is to become a General Counsel or an Associate General Counsel. The former position pays an additional $34K per year on average, and the latter position pays $21K more per year.

Corporate Counsel Job Listings

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Popular Skills for Corporate Counsel


Corporate Counsels seem to wield many skills 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 pay less than market rate include Legal Document Review, Contract Management, and Legal Research. 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.


Experience seems to be a major factor in determining the incomes of Corporate Counsels. Inexperienced workers earn around $90K, but people who have been around for five to 10 years pull down a much higher average of $128K. The average pay reported by folks with 10 to 20 years of experience is around $147K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $155K.

Pay Difference by Location


Home to some of the best pay for Corporate Counsels, Seattle offers exceptional salaries, 31 percent above the national average. Corporate Counsels can also look forward to large paychecks in cities like San Francisco (+29 percent), New York (+27 percent), Los Angeles (+21 percent), and Phoenix (+15 percent). Those in the field find the lowest salaries in Minneapolis, 16 percent below the national average. Employers pay around 9 percent less in Denver and 8 percent less in Atlanta, below-median salaries for those in this field.

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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 216 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: 68% employee benefits None: 6%
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