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Depending on the geographical location, the starting salary may be closer to US$160,000 per year if the market is secondary. [8] Attorneys employed at smaller firms tend to earn smaller salaries. Several factors can influence salary trends in the legal industry, [ 9 ] including economic conditions, changes in legal regulations, and advancements ...
A general counsel, also known as chief counsel or chief legal officer (CLO), is the chief in-house lawyer for a company or a governmental department.. In a company, the person holding the position typically reports directly to the CEO, and their duties involve overseeing and identifying the legal issues in all departments and their interrelation, including engineering, design, marketing, sales ...
Besides private practice, they can become a prosecutor, government counsel, corporate in-house counsel, administrative law judge, judge, arbitrator, or law professor. [102] There are also many non-legal jobs for which legal training is good preparation, such as politician , corporate executive , government administrator, investment banker ...
Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
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The average annual base salary for "of counsel" or "special counsel" in the United States between 2003 and 2009 was US$216,019 (with salary varying depending on size/reputation of the firm, its location, and the attorney’s experience). [5] At highly prestigious law firms, an "of counsel" or "special counsel" may make as much as US$375,000 per ...
Costco membership also gives shoppers access to the club's travel deals. The company revealed its largest booking in the last year was a 150-day cruise around the world.. CFO Gary Millerchip said ...
Attorneys can be both outside of in-house counsel; doing plaintiff or defendant representation; having transactional or litigation practice; and having trial or appellate litigation specialties. Despite these descriptions, some states forbid or discourage claims of specialization in particular areas of law unless the attorney has been certified ...