The average salary for a General Counsel with Intellectual Property (IP) skills in New York, New York is $196,527.
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What Do General Counsels Do?
General counselors work in the business world as the main legal advisers for their respective companies. If a company specializes in a particular type of industry, such as manufacturing, their general counsel will likely be a specialist or have prior experience in the types of law that may be especially applicable to that company. For instance, an insurance company may want to hire a general counsel who is already experienced with insurance fraud law.
General counselors may handle a variety of…Read more
General Counsel Tasks
- Provide legal advice on legal and regulatory issues and federal and state laws and regulations.
- Represent client or corporation in negotiations with accounts and regulators.
- Draft, review and negotiate contracts.
- Assist with possible mergers, acquisitions and formation of business entities.
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Somewhat common (8 - 20%)
General Counsel Job Listings
What Are Popular Skills for General Counsels?
Skills in Contract Negotiation, Legal Compliance, Corporate Governance and Regulatory Compliance are correlated to pay that is above average. Skills that pay less than market rate include Contract Management.
What is the Pay by Experience Level for General Counsels?
An early career General Counsel with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $162,693 based on 5 salaries. A mid-career General Counsel with 5-9 years of experience earns an average total compensation of $196,527 based on 5 salaries. An experienced General Counsel with 10-19 years of experience earns an average total compensation of $230,000 based on 10 salaries. In their late career (20 years and higher), employees earn an average total compensation of $230,000.
Pay Difference by Location
Employees with General Counsel in their job title in Boston, Massachusetts earn an average of 6.6% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (4.8% more) and Irvine, California (3.5% more). The lowest salaries can be found in Salt Lake City, Utah (32.5% less), Chicago, Illinois (18.9% less) and Los Angeles, California (8.4% less).
Years of Experience
This data is based on 26 survey responses.
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