Senior Corporate Counsel Salary
The average salary for a Senior Corporate Counsel is $152,053 per year. A skill in Corporate is associated with high pay for this job. Most people in this job have more than five years' experience in related jobs.
|Salary||$104,691 - $191,203|
|Bonus||$5,093 - $39,274|
|Profit Sharing||$-0.50 - $38,783|
|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).)
|$114,256 - $210,621|
Job Description for Senior Corporate Counsel
A senior corporate counsel position is part of an organization’s executive legal team. Responsibilities include negotiating and drafting various business contracts and service agreements, such as finance agreements, acquisition agreements, and joint venture agreements. The senior corporate counsel also performs review for all contracts, forms, and legal documents, making recommendations for any changes or additions to these documents. They are responsible for selecting and working with any outside counsel that the business uses, developing complex business contracts, and determining when legal actions are necessary.Read More...
The senior corporate counsel interfaces with many different levels of the corporation, but they most often interact with those in the executive management team. The senior corporate counsel works directly with the business executives, vendors, customers, business partners, and legal counsel to review and negotiate business and commercial contracts, technology and IP agreements, master purchase agreements, manufacturing agreements, and software and hardware license and development agreements. Individuals in this position typically report directly to the executive team, senior vice presidents, or the president of the organization.
This position requires a bachelor’s degree in business or finance management. A juris doctor from an accredited law school is required, as is being licensed to practice law by the relevant state licensing board. Five to 10 years of relevant legal experience working with complex business transactions is required. Senior corporate counsel must have extensive experience in negotiating, drafting, and reviewing complex agreements, and they should be able to analyze complex business and legal issues to provide legal services and advice. Strong communication and interpersonal skills are required, as is the ability to work well with a wide variety of people and maintain excellent business relationships. (Copyright 2017 PayScale.com)
Senior Corporate Counsel Tasks
- Advise all departments on legal norms, restrictions, and policies.
- Supervise technology and documentation processes.
- Oversee litigation when it arises.
- Draft, negotiate, review, and communicate agreements, documents, and policies.
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Pay by Experience Level for Senior Corporate Counsel
Pay by Experience for a Senior Corporate Counsel has a positive trend. An entry-level Senior Corporate Counsel with less than 5 years of experience can expect to earn an average total compensation of $134,000 based on 9 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Corporate Counsel with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $155,000 based on 51 salaries. An experienced Senior Corporate Counsel which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $177,000 based on 69 salaries. A Senior Corporate Counsel with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $175,000 based on 18 salaries.
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Rated 5 out of 5
based on 27 votes.