The most prestigious law school admissions discussion board in the world.
|
 |
 
|
In-house compensation experts needed itt
Poast new message in this thread
Date: January 28th, 2025 9:46 PM Author: ,.,.,.,........,....,,,.. I only make 215k base, 25 percent bonus in a vp level legal role. How bad is this (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599695) |
 |
Date: February 1st, 2025 8:11 AM Author: Fucking Fuckface There are two key considerations:
1. Is this a startup?
2. Is this a bank or other financial institution or other industry where "AVP" and "VP" are handed out like candy?
To help you understand, there are some industries where a VP Legal or the like is a 3 - 6 year experience job. In that case, your comp isn't exciting but it's not crazy.
In any other situation than that or a startup or small business (well under 100 million revenue), it's crazy. |
Date: January 28th, 2025 9:48 PM Author: fleek emperor Equity? (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599699) |
|
Date: January 28th, 2025 9:50 PM Author: ,.,.,.,........,....,,,.. Yes but it isn’t a public company so it’s not clear if it will ever pay out. It could potentially be a lucrative payout eventually (1 mill plus), but the market for exit events kind of sucks right now. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599707) |
|
Date: January 28th, 2025 9:48 PM Author: COMES NOW me in ur mom ((zurich is stained)) what practice area?
i'm a traditional labor lawyer, and that sounds about run of the mill for labor but terrible for some tranny faggot. |
|
Date: January 28th, 2025 9:53 PM Author: ,.,.,.,........,....,,,.. Like deputy GC type shit so jack of all trade but my bread and butter is as a tranny. Basically the GC just gives me work related to the exec team’s priorities. So if there’s m&a then I handle that. If there’s some big commercial partnership then I handle that. If there’s litigation I handle that. And on and on. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599716) |
|
Date: January 28th, 2025 9:54 PM Author: COMES NOW me in ur mom ((zurich is stained)) i know jack shit because i'm a lol firm partner, but your comp sounds kinda low. again, assume i am retarded and wrong. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599717) |
|
Date: January 28th, 2025 9:59 PM Author: ,.,.,.,........,....,,,.. Ty. I used to think my comp was ok but whenever I look at job postings it seems like all the similar roles start high 200s base. Usually 215 is below what is even listed as the low end of the range. So it has me wondering if I’m being dumb not to push for more. It seems like there’s run of the mill senior counsel negotiating boilerplate saas agreements that make more than me (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599731) |
|
Date: January 28th, 2025 10:21 PM Author: COMES NOW me in ur mom ((zurich is stained)) low 200s base, i'd expect a higher bonus potential. (with the caveat, again, that i am not only stupid and have no idea what i'm talking about but gay)
|
|
Date: January 28th, 2025 10:25 PM Author: ,.,.,.,........,....,,,.. I think that’s the law firm bro in you coming out. Firm is more weighted toward performance and bonus vs in-house because you’re revenue vs cost. Some exec comp has huge bonus potential but it’s usually CEO, CRO, CFO based on achieving quantifiable targets and also on the basis that they have more direct impact on achieving top line growth or keeping expenses in check. Lawyers don’t really directly play a role in that so even the GC rarely gets more than 35 percent max cash bonus (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599779) |
|
Date: January 28th, 2025 10:33 PM Author: COMES NOW me in ur mom ((zurich is stained)) i almost took a job in house with an airline pilot union making like 170k. i told them i wouldn't do it for less than 210k and they didn;t make me an offer. cr? (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599804) |
|
Date: January 28th, 2025 10:36 PM Author: ,.,.,.,........,....,,,.. Lame, but there’s a lot of cheap companies. I once interviewed for an in-house m&a job only to find out they wanted to pay 80-120k, insane. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599817) |
|
Date: January 28th, 2025 10:41 PM Author: Nazca Redlines Who do you even get with a law license for 80k? If all you need is a semi-warm body, ok, but you're not getting much beyond that. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599828) |
|
Date: January 28th, 2025 10:50 PM Author: ,.,.,.,........,....,,,.. It was a few years ago for a smaller gaming company, still totally bizarre. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599836) |
|
Date: January 28th, 2025 11:01 PM Author: COMES NOW me in ur mom ((zurich is stained)) fucking bonkers to try to get an M&A attorney for 100k. what in the fuck are you thinking entrusting M&A shit to someone who can't do better than 80-100k. i bet that company is out of business now. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599859) |
|
Date: January 28th, 2025 9:49 PM Author: richard clock strikes me as low, but need to know more about your company, how big is it, public or private, whats the market cap/valuation etc (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599704) |
|
Date: January 28th, 2025 9:54 PM Author: ,.,.,.,........,....,,,.. Private, tech, maybe 5 billion valuation (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599718) |
|
Date: January 28th, 2025 10:06 PM Author: richard clock so i still think you're underpaid, but it's not uncommon for private tech cos to underpay people with the hope of everyone getting rich off equity (and getting a pay increase) when they finally go public. also, hiring sucks right now, i don't like your chances of strongarming a big pay increase in this environment (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599749) |
|
Date: January 28th, 2025 10:37 PM Author: Emperor CRISPR Chad von Neumann III I agree with this take. If anything it your bargaining position is strong, perhaps you should lean on your GC about committing to increases in the equity component. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599821) |
|
Date: February 1st, 2025 8:15 AM Author: Fucking Fuckface I've hired the second in command in a startup with a lesser but still multi-billion dollar valuation several years ago. Base was 250 and it was leveled at director instead of VP. Other elements were similar.
So you're getting fucked. I saw the HR leveling data myself and set the band. |
|
Date: January 28th, 2025 9:52 PM Author: Nazca Redlines First of all, toss out being at "vp" level. In a vacuum, that's meaningless.
What's your total comp? If it's 215 base + ~50 bonus, that's moderately low. If there's 50 or more of equity (that's actually valuable, not failing start up funny money) and a 401k match, you're doing OK. |
|
Date: January 28th, 2025 9:56 PM Author: Prolemobiler cr the vp thing is comically meaningless
if wfh thats worth more than all the "equity" in the universe |
|
Date: January 28th, 2025 9:56 PM Author: ,.,.,.,........,....,,,.. See above. Equity could be valuable but who really knows. Company is profitable but market seems to suck. Valuation seemed relatively high when I go the equity but it’s achievable (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599723) |
|
Date: January 28th, 2025 10:04 PM Author: Nazca Redlines So you're at 215 + a moderate, once a year bonus + a lottery ticket. That's OK. Probably better than the average in-house-mo. Not great by striver or xo standards.
215 base is decent. Seems tough to get much above that in most cases. 250 or 300 base would be good, but hard to come by.
Same with the bonus. 25%/50k is OK. Getting close to 100k is possible.
So it's really the equity that's most holding you back.
Without knowing more (locality, specialty, company type, previous experience), it's difficult to be more specific. |
|
Date: January 28th, 2025 10:12 PM Author: ,.,.,.,........,....,,,.. What grinds at me is that I know cookie cutter roles are making similar or more in straight cash. I’m a legit senior bro that regularly advises the exec team on a ton of topics and holds most of our outside counsel relationships. You’d think that should be worth a lot more than roles that are more commoditized. But at this bro above pointed out this is probably a terrible time to try to strong arm the company given hiring conditions more broadly. I’m still tempted to yolo do it anyway though. If I don’t make a lot of money doing this then what’s the point. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599758) |
|
Date: January 28th, 2025 10:16 PM Author: Nazca Redlines All cr. But you're only worth as much as your next offer.
Still, you should 100% ask for a raise. In particular, a raise of base comp. And you should apply to other jobs. Why not do both of those? |
|
Date: January 29th, 2025 8:30 AM Author: .- .-. . .-. . .--. - .. .-.. . I literally write every single paper at our opco for both the legal and finance functions (or at least I hold the pen) and attend every opco and board meeting and there are M&A fuckers who know nothing about our strategy and just do bitch work that make more than me. Such is life. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48600566) |
|
Date: January 28th, 2025 10:35 PM Author: why are trumpmos so poor? JFC, the people here bashing BIGLAW comp need to read this thread. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599813) |
|
Date: January 28th, 2025 10:45 PM Author: fleek emperor This guy has million$ in $tock option$ he's richer than basically any biglawyer (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599833) |
|
Date: January 28th, 2025 10:52 PM Author: ,.,.,.,........,....,,,.. That would be 180. Based on our official enterprise value I would make like 1.8m before tax. If that happens then I’d be fine with my comp, but that’s a big if. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599840) |
|
Date: January 28th, 2025 11:11 PM Author: jewish heart attack gun Important question.
Are you first in line for GC role? Chances you'll get it in 3-5 years? |
|
Date: January 28th, 2025 11:15 PM Author: ,.,.,.,........,....,,,.. Yes, but realistically I doubt I’ll ever be GC of the company if only because private equity sponsors would likely install one of their own bros if my boss ever leaves. I think I have an attractive resume for mid market tech companies looking for a GC but you know how those things go, have to luck out with right time right place usually. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599916) |
|
Date: January 29th, 2025 8:16 PM Author: jewish heart attack gun PE bros only place their own guy in as GC when they first buy the company (if at all). After that they'll almost certainly look first to the #2 in command if the GC leaves or fucks up -- as long as the #2 is reasonably competent and asking for reasonable comp. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48603521) |
|
Date: January 29th, 2025 8:29 PM Author: ,.,.,.,........,....,,,.. Interesting ty (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48603555) |
|
Date: January 29th, 2025 8:51 PM Author: The Buzz Aldrin Spacelaw Fellowship How to become the guy the PE bros install ? (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48603621) |
|
Date: February 1st, 2025 7:42 AM Author: When I grow up I want to be a pumo Find some way of demonstrating exceptional ability and exceptional willingness to implement their agenda in the company. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48612076) |
|
Date: February 1st, 2025 7:47 AM Author: ,.,.,.,........,....,,,.. The latter is the most difficult part. Because there’s often some conflict between PE and management. The easiest way to position yourself in a place of trust with management, ie C level bros that have veto power and can sink you, is to advocate for them in that dynamic. But doing so necessarily positions you as a potential undermining force for PE interests. Tough needle to thread. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48612078) |
|
Date: February 1st, 2025 8:04 AM Author: When I grow up I want to be a pumo This is not an ethics opinion from the State Bar, but he would probably need to establish a back channel with the PE bros and be their mole within management. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48612087) |
|
Date: February 1st, 2025 11:22 AM Author: He flexed his right muscle. PE also puts a high premium on responsiveness and getting shit done quickly. Probably won’t last long if you’re just trying to do 9-5 and chill. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48612336) |
|
Date: February 1st, 2025 5:34 PM Author: When I grow up I want to be a pumo (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48613197) |
|
Date: January 28th, 2025 11:12 PM Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,; That’s less than senior counsels make at Mag 7 and most brand name SaaS companies. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599903) |
|
Date: January 28th, 2025 11:16 PM Author: ,.,.,.,........,....,,,.. Fml, how much do most senior counsel make at “brand name saas companies” (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599921) |
|
Date: January 29th, 2025 10:48 AM Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,; 220 base with 25% bonus and 25% equity was what one Mag 7 candidate turned down in Nov. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48600953) |
|
Date: January 28th, 2025 11:22 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,....,:,..,:.:.,:.::, VP level in house here with added business group managerial responsibilities. 290 base, plus 40% cash bonus, plus stock grant that vests between $100k and $350k depending on various corporate goals. So all in its about $500-750k once the stock vests. I’ve been acting like I’m on the cross over the base pay. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599946) |
|
Date: January 28th, 2025 11:37 PM Author: Salivary Stoned (xoentlaw@gmail.com) Depending on industry, it’s very much normal (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48599984) |
|
Date: January 29th, 2025 7:50 AM Author: ,.,.,.,........,....,,,.. Aren’t you in the UK? Everything pay related is like 30 percent less there. You factoring that in? (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48600508) |
|
Date: January 29th, 2025 8:00 AM Author: .,.,...,..,.,.,:,,:,.,.,:::,....,:,..,:.:.,:.::, (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48600521) |
|
Date: January 29th, 2025 8:24 AM Author: .- .-. . .-. . .--. - .. .-.. . Only cool if you get RSUs on top. In big bank and tech that would be par for the course but with 100k of stock on top so your all in comp would come to $350-400k. Without RSUs you are getting fucked. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48600554) |
|
Date: January 29th, 2025 8:33 AM Author: slam dunk (Roblox GC, sitting on a CERN-designed supercomputer full of child pornography) (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48600569) |
|
Date: January 29th, 2025 8:36 AM Author: richard clock roblox GC got 7.1 million in RSUs last year (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48600572) |
|
Date: January 29th, 2025 8:40 AM Author: slam dunk That seems a bit low for helping jews rape children on an industrial scale.
What was Bob Iger’s bonus last year? |
|
Date: January 29th, 2025 8:43 AM Author: richard clock 7.2M, plus another 30M in RSUs, PSUs and options (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48600582) |
|
Date: January 29th, 2025 8:45 AM Author: slam dunk Don’t forget amounts of child pornography so vast that watching it all would take longer than the heat death of the universe. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48600586) |
|
Date: January 29th, 2025 8:46 AM Author: richard clock wow (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48600589) |
|
Date: January 29th, 2025 8:30 PM Author: but at what cost lol @ in-house poors. fuck u stupid proles (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48603559) |
|
Date: January 31st, 2025 3:48 PM Author: ,.,.,.,........,....,,,.. Update - I raised this. HR came back to let me know know they looked into it and have actually determined I’m above 75 percent compensation based on market surveys and therefore I’m actually overly compensated. It’s brutal out there bros. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48610554) |
|
Date: January 31st, 2025 3:52 PM Author: Roy Cohn sucking Trump to completion Depending on industry this is right. Most in-house jobs are not BIGINHOUSE, so when they do their market comparisons they’re including all sorts of SHITINHOUSE.
For my title/experience the 50th percentile for total comp was $175k in market analysis.
What you should be comparing yourself to is YOUR COMPANY’s executives. I make half what the CEO makes in base, which is fine with me. I make about the same as you but much more variable bonus. |
|
Date: January 31st, 2025 4:26 PM Author: richard clock lmao negged hard, sorry man that sucks (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48610646) |
|
Date: January 31st, 2025 4:27 PM Author: Roy Cohn sucking Trump to completion That’s the thing. 80k in house is real. And it’s absolute retards doing it. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48610649) |
|
Date: January 31st, 2025 4:34 PM Author: richard clock yeah. and as i said above, it's a tough market. if op quits, they will have literally 1000 resumes to fill his position. no leverage without another job offer in hand. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48610666) |
|
Date: January 31st, 2025 4:51 PM Author: ,.,.,.,........,....,,,.. Yup (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48610718) |
|
Date: January 31st, 2025 4:54 PM Author: ,.,.,.,........,....,,,.. It’s ridiculous to do a market survey that includes know nothing tards doing procurement stuff, but HR is HR. Actual comparable jobs are paying 275-325 base I think, but obviously they’ve signaled they don’t give a fuck and it’s a shit job market so not a lot to do about it (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48610724) |
|
Date: February 1st, 2025 7:33 AM Author: ,.,.,.,........,....,,,.. Considering growing a beard and traveling the world (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48612072) |
|
Date: February 1st, 2025 8:19 AM Author: Fucking Fuckface It's not true. You need to leave.
To HR's defense, the big name guides companies pay for are always way off on legal. So it may not be intentional. But you're doing yourself a disservice by not knowing the market. And your GC is a jackass for the same reason. He is probably under paid too. |
|
Date: February 1st, 2025 5:47 PM Author: To be fair (Semi-Retarded) To be fair,
TWIST: You're now being actively flagged as an overpaid cog within The Mahchine, and you'll be dealt with accordingly moving forward (hehe). |
|
Date: February 1st, 2025 5:51 PM Author: ,.,.,.,........,....,,,.. I think I care too much about money and working anyway. I honestly think getting canned might improve my happiness. Sick of the grind yet somehow addicted to it. (http://www.autoadmit.com/thread.php?thread_id=5672011&forum_id=2#48613244) |