Regulatory Lawyer Salary
Job Description for Regulatory Lawyer
Regulatory lawyers will need to know all of the specific rules and regulations for the industries that they specialize in. They work for companies to make sure that everything they do is legal and allowed, so they can make their products or services available to the public.Read More...
It will be a regulatory lawyer’s job to know all of the laws about the industry, but they must also know all about the company they are working for. When they have knowledge from both sides, it will make it a lot easier for them to ensure that everything is being done in the correct and legal manner. There are many different fields that may need a regulatory lawyer. Some of the most prominent would be in the medical and food fields. They will need to make sure that the products these fields are putting out are safe for people to consume and that they have passed all health department or FDA guidelines. Regulatory lawyers also sometimes work for companies that are involved with energy, utilities, and environmental causes. These lawyers will need to make sure that everything the business is doing is within the standards of the environmental protection agency.
A regulatory lawyer needs to hold a bachelor’s degree and a law degree. He or she also needs to have passed the bar exam. Most lawyers need to intern in a law office before they work their way up the ladder and officially practice law.
Regulatory Lawyer 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.
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Pay by Experience Level for Regulatory Lawyer
Median of all compensation (including tips, bonus, and overtime) by years of experience.
In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Although inexperienced employees take home approximately $77K, those who have five to 10 years under their belts benefit from a six-figure median of $110K. For Regulatory Lawyers, 10 to 20 years of experience on the job amounts to an average salary of $148K. People who have worked for more than 20 years report a median income of $187K, which is barely higher than the median for folks with 10 to 20 years of experience.