Assistant General Counsel Salary
|Salary||$71,358 - $200,116|
|Bonus||$3,936 - $50,822|
|Profit Sharing||$1,922 - $32,304|
|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).)
|$72,397 - $236,728|
Job Description for Assistant General Counsel
An assistant general counsel ensures a company's compliance with relevant laws and regulations. They work closely with the business team to develop policies, practices, and guidelines concerning state, federal, and international compliance with laws and regulations. Their main focus is on laws and regulations that concern the company; for example, many insurance companies use general counsel, who are concerned mainly with insurance laws.Read More...
Assistant general counsels manage compliance programs, including business ethics, trading, information security, anti-corruption, date security, privacy policies, and other economic sanctions. They develop and review policies and practices, as well as manage regulations for the company such as form filings and rules. They manage dissemination within the company of information needed to maintain compliance with the law. Assistant general counsel also support legal initiatives and disseminate compliance information in claims, underwriting, and operations.
Assistant general counsels are required to have a law degree from an ABA-approved law school. They must possess working knowledge of state and federal regulations and be able to practice law in the state in which they become employed. They also need to have knowledge of international laws and practices and have some compliance experience relevant to their industry. Candidates must have excellent written and verbal communication skills; they must also be self-driven and a self-starter, as most of the time they work alone. (Copyright 2017 PayScale.com)
Assistant General Counsel Tasks
- Provide assistance to office of General Counsel.
- Represent client's interests in transactions, affiliations, mergers, joint ventures, contracts and other business opportunities.
- Provide legal advice on legal and regulatory issues and federal and state laws and regulations.
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Pay by Experience Level for Assistant General Counsel
Pay by Experience for an Assistant General Counsel has a positive trend. An entry-level Assistant General Counsel with less than 5 years of experience can expect to earn an average total compensation of $80,000 based on 123 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Assistant General Counsel with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $145,000 based on 163 salaries. An experienced Assistant General Counsel which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $185,000 based on 200 salaries. An Assistant General Counsel with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $192,000 based on 69 salaries.
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