Let's talk in-house salaries Forum

[Anonymous User]

Class of 2018, Corp. Counsel:

Base: 230k
Bonus: 20%
401k: 4%
Initial RSUs: 180k (4 yr. vest)
Long Term RSUs: $100k per year (3 yr. vest)
Industry: Life Sciences

Wow! This is amazing. Would you mind sharing if you're in a VHCOL/HCOL city? Also, are you WFH or do you go into the office?

I'm in a HCOL city. My job is hybrid and fairly flexible. But I did have interviews for remote positions with similar or slightly lower comp.

How did you land this role? Through a recruiter or was the company a client of your firm's? Seems like an awesome gig!

This was through a recruiter. No connection to my firm (as far as I know).

[Anonymous User]

Class of 2018, Senior Legal Counsel, JD from T-14, have been working in international market (Middle-East):

Base: 287k (tax-free)
Bonus: 81k (tax-free)
Industry: financial services
50 hours/week
Equity possible in next seniority level

[Anonymous User]

Class of 2018, Senior Legal Counsel, JD from T-14, have been working in international market (Middle-East):

Base: 287k (tax-free)
Bonus: 81k (tax-free)
Industry: financial services
50 hours/week
Equity possible in next seniority level

I’ve never heard of income being tax free… especially if you’re a US citizen abroad (worldwide taxation). How does this work?

[Durant123]

Likely a non-US citizen working in the UAE. Not applicable to most in this forum. Rather pay a lot of tax than live in a horrid and exploitative dictatorship. Just my two cents

[persia1921]

Tax-free certainly helps the bottom line... but yeah, not exactly applicable to most of us on this form. Another data point nonetheless, even if it's fringe.

[Lesion of Doom]

-

[Anonymous User]

It's been over a year since anybody posted in this awesome thread. Can we get some new numbers going?

[Anonymous User]

Title: General Counsel
BigLaw: Yes, went in house at start of 7th year as a V10 associate
School: T-14
Market: Major non-NY market.
Base: 250K
Bonus: 50% target
Profits Interest: 5% of total incentive unit pool

Hours are usually 9-6. Rarely work nights and weekends (really only when finalizing reporting or board meeting materials or typical M&A signing/closing shenanigans). Hybrid schedule though no mandated amount of days in the office (so can be remote as often as I want) (I conveniently wrote the policy).

[Anonymous User]

Buddy of mine recently went in house at the NBA/MLB/NFL. 3 years Biglaw. 190k, not sure about bonus/benefits.

[Anonymous User]

Series A tech startup

$250k base
$3 million RSUs (one year cliff/four year vest)
fully paid health/dental/vision
15% 401k match (15% of my deduction, not 15% of base)
Unlimited PTO
Wellness stipend
10 years experience

Me again. Now up to $285k base, and I ended up getting my $3 million equity grant in options instead of RSUs (I got to pick), valued ~at our Series B valuation just before we raised it.

No refreshers yet, though I'm expecting one soon alongside a promotion. It will be in RSUs.

Other benefits haven't changed.

[Anonymous User]

Buddy of mine recently went in house at the NBA/MLB/NFL. 3 years Biglaw. 190k, not sure about bonus/benefits.

Buddy of mine recently did same. 6 years, 225k including bonus (ouch for a sixth year, guess they just really liked it as an opportunity?)

[The Lsat Airbender]

Buddy of mine recently went in house at the NBA/MLB/NFL. 3 years Biglaw. 190k, not sure about bonus/benefits.

Buddy of mine recently did same. 6 years, 225k including bonus (ouch for a sixth year, guess they just really liked it as an opportunity?)

225 is enough to live on and for a lot of people working in major-league sports is a terminal "dream job" aspiration. Wicked lay prestige

[Anonymous User]

I think I have posted on here before, but have gotten a new position in the past 18 months with a new raise.

Private Financial Company with 2k employees

$260k base
$100k bonus (historically bonus always paid in full if not higher)
50% 401K match
20 vacation days
heavily subsidized good health insurance
Major non-NYC market
4 years in big law, 3 years in-house prior to this move

[Anonymous User]

Class of 2013/2014/2015

Private Investment Firm with less than 20 employees, not in NYC

$350K Base

$100K Bonus

50% 401K Match

Unlimited Vacation Days - no one checks - I take about 3 per month on average

All insurance premiums (medical/dental/vision) paid for by employer

About 30-35 hours a week on average, more at year-end slower during the rest of the year; no weekends; no WFH; get to work at 10:30AM without any issue

NYC Biglaw for ~6/7/8 years prior

[Anonymous User]

Class of 2013/2014/2015

Private Investment Firm with less than 20 employees, not in NYC

$350K Base

$100K Bonus

50% 401K Match

Unlimited Vacation Days - no one checks - I take about 3 per month on average

All insurance premiums (medical/dental/vision) paid for by employer

About 30-35 hours a week on average, more at year-end slower during the rest of the year; no weekends; no WFH; get to work at 10:30AM without any issue

NYC Biglaw for ~6/7/8 years prior

You have to go into the office five days a week?

[Anonymous User]

yes. AMA

[hangtime813]

Class of 2013/2014/2015

Private Investment Firm with less than 20 employees, not in NYC

$350K Base

$100K Bonus

50% 401K Match

Unlimited Vacation Days - no one checks - I take about 3 per month on average

All insurance premiums (medical/dental/vision) paid for by employer

About 30-35 hours a week on average, more at year-end slower during the rest of the year; no weekends; no WFH; get to work at 10:30AM without any issue

NYC Biglaw for ~6/7/8 years prior

Jeez this is phenomenal. Congratulations, sounds like an absolute dream.

[LittleRedCorvette]

yes. AMA

Incredible exit, nice job. How'd you get it/what practice group were you in at the firm?

[Anonymous User]

2019 grad

Series B tech startup

$185k salary + benefits and lunch stipend

No bonus, ~325k equity per year (1.4mm option grant minus exercise cost on 4 year vest).

[Anonymous User]

2019 grad

Series B tech startup

$185k salary + benefits and lunch stipend

No bonus, ~325k equity per year (1.4mm option grant minus exercise cost on 4 year vest).

Are you the first/only lawyer?

[mvp99]

Class of 2013/2014/2015

Private Investment Firm with less than 20 employees, not in NYC

$350K Base

$100K Bonus

50% 401K Match

Unlimited Vacation Days - no one checks - I take about 3 per month on average

All insurance premiums (medical/dental/vision) paid for by employer

About 30-35 hours a week on average, more at year-end slower during the rest of the year; no weekends; no WFH; get to work at 10:30AM without any issue

NYC Biglaw for ~6/7/8 years prior

Jeez this is phenomenal. Congratulations, sounds like an absolute dream.

With this package I’d go in 6 days a week

[Anonymous User]

I do during the end of the year. Family owned business that will never sell. Our bonus system is basically how much our owner likes you and how hard they perceive you to work when we're busy.

[Anonymous User]

Buddy of mine recently went in house at the NBA/MLB/NFL. 3 years Biglaw. 190k, not sure about bonus/benefits.

Buddy of mine recently did same. 6 years, 225k including bonus (ouch for a sixth year, guess they just really liked it as an opportunity?)

225 is enough to live on and for a lot of people working in major-league sports is a terminal "dream job" aspiration. Wicked lay prestige

Yeah, he was aiming for it since 1L and has said he has absolutely no regrets and won’t ever leave unless fired haha

[Anonymous User]

2019 grad

Series B tech startup

$185k salary + benefits and lunch stipend

No bonus, ~325k equity per year (1.4mm option grant minus exercise cost on 4 year vest).

Are you the first/only lawyer?

Neither first nor only but currently acting GC.

[Anonymous User]

2019 grad

Series B tech startup

$185k salary + benefits and lunch stipend

No bonus, ~325k equity per year (1.4mm option grant minus exercise cost on 4 year vest).

Are you the first/only lawyer?

Neither first nor only but currently acting GC.

I hope you're re-negotiating then, that's way under market for the top lawyer at a Series B.