Anonymous wrote:
Bump on this topic -- so would asking for $350K for an attorney with specialized experience (let's say a particular regulatory field) and 10+ years of experience be too optimistic for going in as counsel, with a firm looking to expand in that area and needing someone with the expertise?
A former colleague of mine got $400K with 3 years less overall experience but she went to one of the highest paying firms so I am not sure her pay is typical.
Would that be $350K salary (not including bonus)? If that includes bonus, think about negotiating a guaranteed bonus for a period of years (2 or 3 if you can get it). If the "firm is looking to expand in that area" that sounds like the book of business might not be solid and your billable may need time to get to the level which would support that salary.
My general understanding is that a "counsel" has no more job security that a non-equity partner, but I could be wrong. I left big law long ago, now work in house. (And from this thread my inhouse job & salary is sounding better and better to me).