F00 in House Salary

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NSTL
Posts: 3
Joined: Sat Apr 02, 2011 1:26 pm

F00 in House Salary

Postby NSTL » Sun Apr 03, 2011 6:07 pm

Hello,
After reading through various posts, I realized that nobody seemed to be able to put a general salary (or even a range) for an in house attorney working at a F500 company in NY/LA.

I do realize that it does vary from company to company, but I think it is logical to assume that there should be some sort of range for F500 companies located in NY or LA.

So can anybody with experience with these salaries, or has any idea about them share?

This is for an in house attorney after 4-5 years of Big Law by the way!

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MrPapagiorgio
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Joined: Sat Feb 13, 2010 2:36 am

Re: F00 in House Salary

Postby MrPapagiorgio » Sun Apr 03, 2011 6:11 pm

PM danquayle. He's apparently an in-house counsel, so he may know.

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swc65
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Joined: Wed Jul 22, 2009 11:27 am

Re: F00 in House Salary

Postby swc65 » Sun Apr 03, 2011 6:14 pm

Dunno about the reliability, but here it is anyway.


--LinkRemoved--

LurkerNoMore
Posts: 237
Joined: Thu Oct 09, 2008 12:05 pm

Re: F00 in House Salary

Postby LurkerNoMore » Mon Apr 04, 2011 7:10 am

swc65 wrote:Dunno about the reliability, but here it is anyway.


--LinkRemoved--


These are AG/GC salaries -- you need about 10-15 years experience to start looking at those.

At 4-5 years out you are probably looking at $90-$130k in a F500 company in NY or LA (assuming you are taking a job commensurate with your experience, ITE, and even sometimes for your first jump in house in a normal (not hot) economy, you will sometimes take a job a little lower just to make the transition).

If you are interested in salaries, the Robert Half Legal Salary guide is pretty good. Also, you can look at the Association of Corporate Counsel's job postings. There aren't that many jobs that actually list salary ranges, but you can get a good idea about what kind of in house positions exist and what the qualifications for them are.

Kochel
Posts: 182
Joined: Thu Mar 11, 2010 2:36 pm

Re: F00 in House Salary

Postby Kochel » Mon Apr 04, 2011 9:14 am

LurkerNoMore wrote:At 4-5 years out you are probably looking at $90-$130k in a F500 company in NY or LA (assuming you are taking a job commensurate with your experience, ITE, and even sometimes for your first jump in house in a normal (not hot) economy, you will sometimes take a job a little lower just to make the transition).


I'd say those numbers are a little low, but perhaps not too far off. In-house salaries, just like law firm salaries, will vary, depending on the company's size and particularly on the industry. Compensation structures also will vary, with different emphases on base salary, bonus and equity compensation depending, again, on size and industry.

One other big difference in compensation between firms and in-house jobs is the frequency and size of raises. In-house jobs are much like other corporate jobs; you don't count on annual raises based on seniority. Promotions, too, are unpredictable, and you might stay in your "entry-level" in-house role for years before getting a chance at advancement (usually because of turnover).

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swc65
Posts: 1003
Joined: Wed Jul 22, 2009 11:27 am

Re: F00 in House Salary

Postby swc65 » Mon Apr 04, 2011 9:50 am

LurkerNoMore wrote:
swc65 wrote:Dunno about the reliability, but here it is anyway.


--LinkRemoved--


These are AG/GC salaries -- you need about 10-15 years experience to start looking at those.

At 4-5 years out you are probably looking at $90-$130k in a F500 company in NY or LA (assuming you are taking a job commensurate with your experience, ITE, and even sometimes for your first jump in house in a normal (not hot) economy, you will sometimes take a job a little lower just to make the transition).

If you are interested in salaries, the Robert Half Legal Salary guide is pretty good. Also, you can look at the Association of Corporate Counsel's job postings. There aren't that many jobs that actually list salary ranges, but you can get a good idea about what kind of in house positions exist and what the qualifications for them are.


this is a good lead. http://www.roberthalflegal.com/FreeResources

the numbers are adjusted for COL, but it's still a good starting point.

NSTL
Posts: 3
Joined: Sat Apr 02, 2011 1:26 pm

Re: F00 in House Salary

Postby NSTL » Mon Apr 04, 2011 6:46 pm

swc65 wrote:
LurkerNoMore wrote:
swc65 wrote:Dunno about the reliability, but here it is anyway.


--LinkRemoved--


These are AG/GC salaries -- you need about 10-15 years experience to start looking at those.

At 4-5 years out you are probably looking at $90-$130k in a F500 company in NY or LA (assuming you are taking a job commensurate with your experience, ITE, and even sometimes for your first jump in house in a normal (not hot) economy, you will sometimes take a job a little lower just to make the transition).

If you are interested in salaries, the Robert Half Legal Salary guide is pretty good. Also, you can look at the Association of Corporate Counsel's job postings. There aren't that many jobs that actually list salary ranges, but you can get a good idea about what kind of in house positions exist and what the qualifications for them are.


this is a good lead. http://www.roberthalflegal.com/FreeResources

the numbers are adjusted for COL, but it's still a good starting point.

Thanks for that!
although the numbers seem kind of on the low end by looking at their ranges for first year assocaites at large law firms

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swc65
Posts: 1003
Joined: Wed Jul 22, 2009 11:27 am

Re: F00 in House Salary

Postby swc65 » Mon Apr 04, 2011 7:13 pm

NSTL wrote:
swc65 wrote:
LurkerNoMore wrote:
swc65 wrote:Dunno about the reliability, but here it is anyway.


--LinkRemoved--


These are AG/GC salaries -- you need about 10-15 years experience to start looking at those.

At 4-5 years out you are probably looking at $90-$130k in a F500 company in NY or LA (assuming you are taking a job commensurate with your experience, ITE, and even sometimes for your first jump in house in a normal (not hot) economy, you will sometimes take a job a little lower just to make the transition).

If you are interested in salaries, the Robert Half Legal Salary guide is pretty good. Also, you can look at the Association of Corporate Counsel's job postings. There aren't that many jobs that actually list salary ranges, but you can get a good idea about what kind of in house positions exist and what the qualifications for them are.


this is a good lead. http://www.roberthalflegal.com/FreeResources

the numbers are adjusted for COL, but it's still a good starting point.

Thanks for that!
although the numbers seem kind of on the low end by looking at their ranges for first year assocaites at large law firms


They are adjusted for cost of living. So they are deflated. That's why NYC's starting salaries are so low because they used a 40% deflator. Also, I just googled the other poster's suggestion. :)




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