| I have an opportunity to go in house in DC. Any ideas what assistant general counsels make here? |
| Probably helpful if you state your practice area and the size of the Company. |
| Varies widely based on industry. |
| It's a fortune 500 company and I do regulatory work. |
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DC in house salaries are very deflated due to massive oversupply of biglaw refugees. Especially with Cov and A&P doing tons of stealth layoffs lately.
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OK... What constitutes a deflated salary? |
| Depends on which company and the seniority, but at 10 years out I've spoken to major fortune 500s in the area offering 120k or 150k. I make 180k in the government so it was a non starter. |
NP but wow, that's it? Is that including bonus and any kind of stock options? |
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Relevant to my interests.
I was recently quoted $155 base (but potentially $225 all-in) for an AGC type position, corporate at a big suburban company. "Entry-level" but they only hire people 5-10 years out. No idea how it goes up after that but I expect not a ton. Interviewers suggested great work-life balance and culture but mediocre pay (for corporate attorneys that is) long term. Hoping I can negotiate up from there as I am closer to 10 years put them 5. |
| My good friend is the general counsel for a small (400 employee) govt contractor. He has 20+ yrs experience and only makes 200k with a small bonus potential. |
I would take it and run. That's a good offer for someone 5-10 years experience in-house. |
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I may 210K base with a 25 percent bonus. As an AGC in Tysons. My previous company the AGC's made between 170-230 depending on their seniority and role and a 20 percent bonus.
All of the GC's clear a million. That stings a bit when you don't get raises for 5 years (old company). My new one gave me a 10K bump one year after being hired. I also get a 25 percent bonus. I actually get it now unlike my old company who used its poor financial performance to justify not paying bonuses (pro tip never, ever work for a private equity backed company...) |
| Negotiate a signing bonus. If you can get your base close to 200k, I think that’s good. I had an offer for 135k that I quickly laughed at and declined. |
What stealth layoffs? I'm just curious because I was once an associate there. |
I've heard in litigation mostly -- and fairly junior -- i.e. 4th-5th yr range (rather than the 8-9th yr, we like you but can't make you partner talk). |