Get data for total compensation, including salary and bonuses for in-house counsel and Chief Compliance Officers at portfolio companies.
BarkerGilmore’s 2024 Portfolio Company General Counsel and Chief Compliance Officer Compensation Report provides counsel and compliance professionals the ability to compare pay with peers, and helps portfolio and VC companies retain talent with competitive compensation packages.
Portco Counsel and CCO Salary Data for 2024
Across our survey of 382 of respondents, General Counsel salary ranged from $430,000 to $5,969,000, while Managing and Senior Counsel ranged from $235,000 to $712,000. In the compensation report, you’ll get a breakdown of average compensation by factors such as:
- Job type – General counsel, Managing counsel, Senior counsel, CCO
- Region – Northeast, South, West Coast, or Midwest
- Company revenue
- Industry
- And more
Portfolio Companies Surveyed by Industry
Portco Compliance and In-House Counsel Salary Trends in 2024 — A Need for Competitive Compensation
Across all positions, the likelihood of compensation-related job changes were high. Even among Senior Counsel, the least likely to report considering a change, over a third of respondents rated the likelihood of pursuing a new position as “high” or “very high.” General Counsel were the next lowest, with 43% reporting they would be likely to pursue higher compensation. At least half of the Managing Counsel and Chief Compliance officers surveyed reported they were likely to pursue new job opportunities due to dissatisfaction with compensation.
Get salary data by specific industry or role.
We gather salary data from thousands of compliance leaders and legal counsels across the US. This complimentary compensation data will give you an edge in salary negotiations, or help recruit top talent for your organization.
Portfolio Company Salary Trends You Need To Know
1. Likelihood of Compensation-Related Job Search
Across all positions, Senior Counsel were the least likely to pursue new job opportunities due to dissatisfaction with compensation. In contrast, Managing Counsel were the most likely to report interest in a new position, with 54% reporting “likely” or “very likely” to begin a compensation-related job search.
2. Other Responsibilities
A vast majority of General Counsel (86%) hold additional roles beyond legal, commonly serving as Corporate Secretary (73%) and Chief Compliance Officer (47%).
3. Salary Increases by Industry and Revenue
Overall, counsel and CCOs in the industrial and manufacturing industries saw the highest base salary increases over 2023. Target bonuses varied substantially based on company size and revenue.
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