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How's the hike folks !!
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How's the hike folks !!
Is upward feedback ever appreciated?
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Too little on base and bonus. I would start at the very low end $225k and 20% but likely you could go much higher ($250k/25%). Are you close to the attorneys retiring? Have you thought about asking them what they make? People leaving tend to be more forthright when you’re no longer competing for the same cost of living scraps/raises.
Appreciate the input. Given that I'm the only real estate attorney left (after the other 2 retire), I have a little leverage.
Too little. I’d expect up to $250k with your YOE and 25-35% bonus. Stock discount sounds par but really depends on your industry.
Rising Star
I’m in dallas at a much larger company(>200b) 5th year total comp $165. For your experience those numbers don’t sound crazy but the dallas market has a lower cost of living than a lot of other cities and corresponding lower wages. Maybe just ask the retiring attorneys about their comp?
The BakerGilmore salary and Robert Half Legal comp guides can be helpful to see the ranges
I’m at a much smaller company than $4B value and would expect that as a VP here. Maybe not the stock, but definitely the base and bonus. It may be too little for a company of that size.
I'm 2014 grad in real estate industry in Houston and my base is 205k with 30% bonus. No stock. I am not vp level role. Those numbers seem on the low side.
Not a public company
Consider non-pay perks as well. Do they expect you to perform 3 people’s roles, even temporarily? I’d definitely expect more pay based on that alone. Will they let you hire an attorney to replace your old role? Paralegal? Assistant? Personal office?
In the process of actually hiring 1 attorney. We would go from 3 attorneys to 2, with the possibility to hire a third attorney in 2-3 years when our industry picks back up. No assistant, but we do have 2 paralegals.
Too little. I’m at that with only 5 yoe and just started as in-house counsel.
Rising Star
In dallas though??