Associate General Counsel

The associate general counsel (associate GC), who also may be known as associate Corporate counsel provides a wide range of legal services and advice to the company. Depending on the organization, the associate GC may be responsible for managing its affairs within a particular area of law, such as litigation, contracts or securities regulation. The associate GC also may be responsible for managing outside counsel in litigation and mediation. He or she works closely with general counsel, senior management, outside legal counsel and employees at all levels. Candidates should possess strong leadership, analytical, verbal and written communication skills. A juris doctorate (JD) is required. Depending on the size and structure of the corporate legal department, this position generally requires more than 10 years of experience in a law firm or corporate legal department. Employers often require candidates to have a background in transactions, intellectual property, labor, real estate and securities laws. Companies may request experience in compliance and corporate governance issues. Public companies may require demonstrated experience with the U.S. Securities and Exchange Commission (SEC) regulations. Experience with Sarbanes-Oxley legislation or industry-specific government regulation also is preferred by many companies.

Highly skilled attorneys are in demand and employment opportunities should remain strong for the coming year. Salary increases have been on average about 4.6%. Attorneys who have five-plus years of experience in areas such as: corporate transactional law and who have technical backgrounds can expect to receive salaries from a range between $160,000 and $195,000. Yet, the longer these GCs are with a company providing excellent guidance resulting in corporate growth, bigger raises will continue to be given out along with incentive bonuses that can substantially increase the compensation package.

Some responsibilities for the Associate General Counsel include:

  • Consulting with management, commercial advisors, tax experts, accountants and marketing staff
  • Meeting with clients
  • Coordinating and managing outside counsel and litigation
  • Negotiating and drafting contractual agreements, such as real estate leases, and advising on employment matters
  • Overseeing compliance and corporate governance issues
  • Keeping informed of industry-specific regulations and ensuring that appropriate risk management strategies are in place
`