Legal Manager Salary
The average salary for a Legal Manager is $70,308 per year. A skill in Contract Negotiation is associated with high pay for this job.
|Salary||$48,475 - $125,307|
|Bonus||$1,825 - $23,672|
|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).)
|$48,245 - $128,822|
Job Description for Legal Manager
The legal manager for a business is responsible for overseeing all of their organization's legal functions. First and foremost, this individual is a legal professional who is capable of providing accurate, relevant advice to the business, the business' clients, and the business' senior attorneys. The legal manager must have a mastery of business law to appropriately advise executives as to how the fiduciary duties of the executives can be discharged. For example, using their high level of understanding of relevant laws, the legal manager helps determine if a proposed course of action would run afoul of the laws related to economic competitiveness and monopolies. Additionally, the legal manager must have an excellent understanding of securities laws to ensure that any stock offerings comply with appropriate securities regulations and that all mergers and acquisitions are handled in an appropriate, legal manner. Aside from having an excellent understanding of the various business-related laws, the legal manager must also have a deep knowledge of employment laws to aid in the human resource functions of the business. Finally, aside from offering advice, the legal manager also generally serves as the chief contract negotiator for the business.Read More...
In many countries, lawyers are required to hold a legal doctorate (such as a Juris Doctor) and must pass a bar exam. Legal managers usually work for large companies in fast-paced industries, so they must be able to multitask in a high-stress environment. Legal managers must also be detail-oriented people with excellent negotiation skills. (Copyright 2017 PayScale.com)
Legal Manager Tasks
- Provide legal advice on legal rights and obligations of corporations.
- Research legislative issues or statues.
- Review and edit regulatory documents.
- Draft and review contracts such as leases, licenses, mergers, acquisitions, and more.
Legal Manager Job Listings
Pay by Experience Level for Legal Manager
Pay by Experience for a Legal Manager has a positive trend. An entry-level Legal Manager with less than 5 years of experience can expect to earn an average total compensation of $60,000 based on 31 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Legal Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $85,000 based on 24 salaries. An experienced Legal Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $84,000 based on 35 salaries. A Legal Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $90,000 based on 11 salaries.
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Key Stats for Legal Manager
Rated 4 out of 5
based on 17 votes.