Compensation for VPs and General Counsels in the United States is generous, with average pay surpassing six figures annually ($166K). Career duration and the particular city each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Job satisfaction for VPs and General Counsels is high. Making up 71 percent of those who took the survey, male VPs and General Counsels greatly outnumber their female counterparts. This snapshot results from replies to PayScale's salary survey.

$96,982 - $226,335
$97K
$170K
$230K
MEDIAN: $165,957
10%
50%
90%

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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$90K$180K$270K
Salary
$96,982 - $226,335  
   
Bonus
$5,040 - $49,833  
Profit Sharing
$1,965  
Commission
$27,500  
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).
)
$103,144 - $248,323  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 90

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United States (change)

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Job Description for Vice President (VP) & General Counsel

Vice presidents and general counsel are responsible for overseeing ongoing tasks within a company and providing assistance and resolving problems as they arise. They may also be in charge of directing and overseeing smaller teams of employees as they work on individual projects.

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Vice President (VP) & General Counsel Tasks

  • Lead and financially manage the legal/compliance department of the organization.
  • Select and manage external legal counsel as needed.
  • Oversee all litigation and regulatory filings, both new and ongoing.
  • Report on legal standing, audits, and compliance matters regularly and when special needs arise.
  • Provide legal counsel to executives and internal teams for documents and strategies.

Common Career Paths for Vice President (VP) & General Counsel


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VPs and General Counsels who become Senior Vice President & General Counsels position may earn slightly higher salaries. The median income for that position is $203K per year.

Vice President (VP) & General Counsel Job Listings

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Popular Skills for Vice President (VP) & General Counsel


VPs and General Counsels only report a few specific skills. Most notably, skills in Intellectual Property, Litigation Case Management, Regulatory Compliance, and Contract Negotiation are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Legal Compliance and Contract Negotiation. Most people who know Contract Negotiation also know Intellectual Property (IP).

Pay by Experience Level for Vice President (VP) & General Counsel

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience is an important factor influencing the compensation of VPs and General Counsels. Large paychecks, which sit comfortably in the six-figure range, are handed out almost immediately; professionals who have less than five years' experience report earning a median of $108K per year. VPs and General Counsels bring in $185K after working for 10 to 20 years. VPs and General Counsels with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $202K.

Related Job Salaries

Key Stats for Vice President (VP) & General Counsel

Gender

Female
29 %
Male
71 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.
040
1-4 years
10%
5-9 years
12%
10-19 years
38%
20 years or more
40%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Vice President (VP) & General Counsel Salaries


Experienced
up arrow 4%

National Average
$177,000

Mid-Career
up arrow 16%

Entry-Level
up arrow 39%

Skills That Affect Vice President (VP) & General Counsel Salaries

Intellectual Property (IP)
up arrow 6%

Litigation Case Management
up arrow 2%

National Average
$177,000

Regulatory Compliance
up arrow 2%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
29 %
Male
71 %

Years of Experience

1-4 years
10%
5-9 years
12%
10-19 years
38%
20 years or more
40%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 81%
vision benefits
Vision: 68%
dental benefits
None: 6%
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