In-House Counsel - Trade Association

[Anonymous]

What is a salary range for in-house counsel at a large trade association. Senior level, not GC.

Obviously, it wouldn't be private sector levels, but what could one expect? 220+?

Thanks

[Anonymous]

$150-$200k salary. Maybe ten percent bonus.

[Anonymous]

Anonymous wrote:$150-$200k salary. Maybe ten percent bonus.

What size trade association? This range for a larger, well-funded association.

[Anonymous]

Anonymous wrote:

Anonymous wrote:$150-$200k salary. Maybe ten percent bonus.

What size trade association? This range for a larger, well-funded association.

Big. 300K+ members, worldwide operations.

[Anonymous]

Look up their 990 to get a sense of the top salaries and any bonus structure.

[Anonymous]

It's really too hard to say. My gut says 220K + for a non-GC is probably a reach. I've also seen scenarios where the GC rakes it in and has a cadre of poorly paid staff attorneys, but you say it's senior level, so maybe not.

Benefits can often be very good, so factor that in.

[Anonymous]

Thanks for the responses. It is a really tough question to answer without a lot of specifics. So perhaps a better way, is to ask about just general guidelines.

For example, it would be reasonable to say that a Deputy General Counsel in a solid for-profit sector could expect to start at roughly 50% to 60% cash comp of the GC (cash comp only, not equity comp, bonuses, etc) and max at maybe 75%. Obviously there are outliers, but as a general guide this is probably not far off.

Is there a similar rule of thumb in the trade association arena?

[Anonymous]

Eek - sorry that is very high unless you are the GC. DH went to a trade association after 6 years of big law and they offered him 90k+bonus, which he laughed at, and negotiated to 120k + bonus. Not as large as 300k members, but decent size.

[Anonymous]

Anonymous wrote:Thanks for the responses. It is a really tough question to answer without a lot of specifics. So perhaps a better way, is to ask about just general guidelines.

For example, it would be reasonable to say that a Deputy General Counsel in a solid for-profit sector could expect to start at roughly 50% to 60% cash comp of the GC (cash comp only, not equity comp, bonuses, etc) and max at maybe 75%. Obviously there are outliers, but as a general guide this is probably not far off.

Is there a similar rule of thumb in the trade association arena?

I really don't think so. Have you applied for this job yet?

[Anonymous]

These numbers are way too high, those jobs don't pay that much.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Thanks for the responses. It is a really tough question to answer without a lot of specifics. So perhaps a better way, is to ask about just general guidelines.

For example, it would be reasonable to say that a Deputy General Counsel in a solid for-profit sector could expect to start at roughly 50% to 60% cash comp of the GC (cash comp only, not equity comp, bonuses, etc) and max at maybe 75%. Obviously there are outliers, but as a general guide this is probably not far off.

Is there a similar rule of thumb in the trade association arena?

I really don't think so. Have you applied for this job yet?

No. I know that the GC makes north of 600k. So I am trying to figure out what is reasonable one step down.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Thanks for the responses. It is a really tough question to answer without a lot of specifics. So perhaps a better way, is to ask about just general guidelines.

For example, it would be reasonable to say that a Deputy General Counsel in a solid for-profit sector could expect to start at roughly 50% to 60% cash comp of the GC (cash comp only, not equity comp, bonuses, etc) and max at maybe 75%. Obviously there are outliers, but as a general guide this is probably not far off.

Is there a similar rule of thumb in the trade association arena?

I really don't think so. Have you applied for this job yet?

No. I know that the GC makes north of 600k. So I am trying to figure out what is reasonable one step down.

$150k-$200k base salary. Plus maybe a performance bonus and good benefits.

[Anonymous]

Thanks for the input everyone. I am surprised that it is only 25-30 percent of the GC's comp. Figured it'd be lower than for profit, but not that much.

[Anonymous]

You can get this info from an ASAP salary survey. It's about $75 for nonmembers.

[Anonymous]

Also, if the current/prior GC made over $100k, that will be on their 990. Available at guidestar.