What type of background would lend itself best to landing in house compliance roles? Would a transactional background be better than a litigation background?Anonymous User wrote: ↑Tue Apr 02, 2024 3:11 pmI spent about 5 years in biglaw doing white collar work mostly, and had a previous in-house stint prior to this role. My role is a mix of compliance advising, investigations, reporting, due diligence, policy development, it kind of runs the gamut.Anonymous User wrote: ↑Tue Apr 02, 2024 11:40 amAwesome! Did you have any prior big law experience, or did you lateral from another in-house role, etc.? What kind of work do you do on the legal side and the compliance side? Is it a mix of legal and compliance?Anonymous User wrote: ↑Sun Mar 31, 2024 2:52 pmJust went through annual comp so thought I'd add a data point here.
Class of 2013.
Legal/Compliance role at an F500. Tech.
Base: $285,000
Bonus: $100,000
Equity: Target $80,000/year vesting over 3.
Hours: 8-5, fully remote. Weekend work is exceedingly rare. Like 1-2 times a year.
Other stuff: On-site at the office once a month or so (paid for by company), international travel 3-4 times a year for projects. 4% 401(k) match. Solid cash signing bonus when I joined a few years back. Benefits are just okay, but comp overall feels really good with my hours. 5 weeks vacation and I use it all every year.
LEGAL SALARY DATAPOINTS Forum
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Re: LEGAL SALARY DATAPOINTS
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Re: LEGAL SALARY DATAPOINTS
OP here. My team has a pretty broad range of backgrounds - mostly litigation but a few transactional/corporate governance backgrounds as well, and one second-career lawyer who never practiced at a firm but came from an investigations background in a prior life. For my team, at least, we handle a lot of different things that come in the door, and being a bit of a generalist and quick learner is something I value regardless of background when I'm hiring. That said, across the folks I have worked with at other companies before my own, I've found many more former litigators in these roles than former transactional lawyers, so you'd want to have a clear story about why you want to make this type of move I think.RBlackLaw wrote: ↑Thu Apr 18, 2024 5:16 pmWhat type of background would lend itself best to landing in house compliance roles? Would a transactional background be better than a litigation background?Anonymous User wrote: ↑Tue Apr 02, 2024 3:11 pmI spent about 5 years in biglaw doing white collar work mostly, and had a previous in-house stint prior to this role. My role is a mix of compliance advising, investigations, reporting, due diligence, policy development, it kind of runs the gamut.Anonymous User wrote: ↑Tue Apr 02, 2024 11:40 amAwesome! Did you have any prior big law experience, or did you lateral from another in-house role, etc.? What kind of work do you do on the legal side and the compliance side? Is it a mix of legal and compliance?Anonymous User wrote: ↑Sun Mar 31, 2024 2:52 pmJust went through annual comp so thought I'd add a data point here.
Class of 2013.
Legal/Compliance role at an F500. Tech.
Base: $285,000
Bonus: $100,000
Equity: Target $80,000/year vesting over 3.
Hours: 8-5, fully remote. Weekend work is exceedingly rare. Like 1-2 times a year.
Other stuff: On-site at the office once a month or so (paid for by company), international travel 3-4 times a year for projects. 4% 401(k) match. Solid cash signing bonus when I joined a few years back. Benefits are just okay, but comp overall feels really good with my hours. 5 weeks vacation and I use it all every year.
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- Posts: 6
- Joined: Mon Dec 04, 2023 2:03 pm
Re: LEGAL SALARY DATAPOINTS
Thank you so much! I have a few quick follow up questions if you don't mind.Anonymous User wrote: ↑Sat Apr 20, 2024 2:42 pmOP here. My team has a pretty broad range of backgrounds - mostly litigation but a few transactional/corporate governance backgrounds as well, and one second-career lawyer who never practiced at a firm but came from an investigations background in a prior life. For my team, at least, we handle a lot of different things that come in the door, and being a bit of a generalist and quick learner is something I value regardless of background when I'm hiring. That said, across the folks I have worked with at other companies before my own, I've found many more former litigators in these roles than former transactional lawyers, so you'd want to have a clear story about why you want to make this type of move I think.RBlackLaw wrote: ↑Thu Apr 18, 2024 5:16 pmWhat type of background would lend itself best to landing in house compliance roles? Would a transactional background be better than a litigation background?Anonymous User wrote: ↑Tue Apr 02, 2024 3:11 pmI spent about 5 years in biglaw doing white collar work mostly, and had a previous in-house stint prior to this role. My role is a mix of compliance advising, investigations, reporting, due diligence, policy development, it kind of runs the gamut.Anonymous User wrote: ↑Tue Apr 02, 2024 11:40 amAwesome! Did you have any prior big law experience, or did you lateral from another in-house role, etc.? What kind of work do you do on the legal side and the compliance side? Is it a mix of legal and compliance?Anonymous User wrote: ↑Sun Mar 31, 2024 2:52 pmJust went through annual comp so thought I'd add a data point here.
Class of 2013.
Legal/Compliance role at an F500. Tech.
Base: $285,000
Bonus: $100,000
Equity: Target $80,000/year vesting over 3.
Hours: 8-5, fully remote. Weekend work is exceedingly rare. Like 1-2 times a year.
Other stuff: On-site at the office once a month or so (paid for by company), international travel 3-4 times a year for projects. 4% 401(k) match. Solid cash signing bonus when I joined a few years back. Benefits are just okay, but comp overall feels really good with my hours. 5 weeks vacation and I use it all every year.
1. Do you find that you like the actual work you're doing now more, less, or the same as when you were working at a firm?
2. Does there seem to be significant room for growth and career progression in your role? Are you happy with the trajectory your career is on?
3. Would you say your comp. and other benefits is an outlier for someone with your level of experience in compliance? Or does it seem fairly standard for your experience and the industry you're in?
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- Posts: 429147
- Joined: Tue Aug 11, 2009 9:32 am
Re: LEGAL SALARY DATAPOINTS
OP here -RBlackLaw wrote: ↑Thu May 09, 2024 11:52 amThank you so much! I have a few quick follow up questions if you don't mind.Anonymous User wrote: ↑Sat Apr 20, 2024 2:42 pmOP here. My team has a pretty broad range of backgrounds - mostly litigation but a few transactional/corporate governance backgrounds as well, and one second-career lawyer who never practiced at a firm but came from an investigations background in a prior life. For my team, at least, we handle a lot of different things that come in the door, and being a bit of a generalist and quick learner is something I value regardless of background when I'm hiring. That said, across the folks I have worked with at other companies before my own, I've found many more former litigators in these roles than former transactional lawyers, so you'd want to have a clear story about why you want to make this type of move I think.RBlackLaw wrote: ↑Thu Apr 18, 2024 5:16 pmWhat type of background would lend itself best to landing in house compliance roles? Would a transactional background be better than a litigation background?Anonymous User wrote: ↑Tue Apr 02, 2024 3:11 pmI spent about 5 years in biglaw doing white collar work mostly, and had a previous in-house stint prior to this role. My role is a mix of compliance advising, investigations, reporting, due diligence, policy development, it kind of runs the gamut.Anonymous User wrote: ↑Tue Apr 02, 2024 11:40 amAwesome! Did you have any prior big law experience, or did you lateral from another in-house role, etc.? What kind of work do you do on the legal side and the compliance side? Is it a mix of legal and compliance?Anonymous User wrote: ↑Sun Mar 31, 2024 2:52 pmJust went through annual comp so thought I'd add a data point here.
Class of 2013.
Legal/Compliance role at an F500. Tech.
Base: $285,000
Bonus: $100,000
Equity: Target $80,000/year vesting over 3.
Hours: 8-5, fully remote. Weekend work is exceedingly rare. Like 1-2 times a year.
Other stuff: On-site at the office once a month or so (paid for by company), international travel 3-4 times a year for projects. 4% 401(k) match. Solid cash signing bonus when I joined a few years back. Benefits are just okay, but comp overall feels really good with my hours. 5 weeks vacation and I use it all every year.
1. Do you find that you like the actual work you're doing now more, less, or the same as when you were working at a firm?
2. Does there seem to be significant room for growth and career progression in your role? Are you happy with the trajectory your career is on?
3. Would you say your comp. and other benefits is an outlier for someone with your level of experience in compliance? Or does it seem fairly standard for your experience and the industry you're in?
1. Work is MUCH better. There's a lot of variation, a lot of problem solving, way less dealing with more challenging folks on the other side. Investigations are endlessly interesting. It's a great gig.
2. Lots of mobility. I'm at a company that regularly promotes and doesn't artificially prevent promotion (like limiting to folks with X years experience for certain roles). I get regular recruiter outreach for moves to other companies as CCO/Deputy CCO or similar.
3. I'm by no means top of market for folks in a similar role to me. I have friends who make more. But I'd say I'm in the top half of roles like this for the tech industry. Similar roles at non-tech companies often come with a pretty deep pay cut.
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- Posts: 429147
- Joined: Tue Aug 11, 2009 9:32 am
Re: LEGAL SALARY DATAPOINTS
I posted on this thread a while back but I can't find it. Update:
13 YoE
Head of Legal at Series C Company
$320k/year cash
Original equity grant was $800k/year over four years paper value
One refresher of $70k/year over four years paper value
Great health insurance, 401k match, unlimited PTO
I take ~25 days of vacation per year.
13 YoE
Head of Legal at Series C Company
$320k/year cash
Original equity grant was $800k/year over four years paper value
One refresher of $70k/year over four years paper value
Great health insurance, 401k match, unlimited PTO
I take ~25 days of vacation per year.
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