General Counsel Salary at Residco BETA

How much does a Residco General Counsel make?

As of April 2025, the average annual salary for a General Counsel at Residco is $335,384, which translates to approximately $161 per hour. Salaries for General Counsel at Residco typically range from $286,111 to $390,340, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
residco.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Retail & Wholesale

RESIDCO specializes in the sale, lease, and finance of transportation equipment. This field demands a unique combination of disciplines and skills: remarketing, equity and debt placement, leasing, and most importantly, expertise in transportation equipment market values. RESIDCO's professionals have closed well over one billion dollars of transactions involving commercial aircraft, railcars and locomotives. RESIDCO is known for creatively structuring and successfully managing asset risk for its clients as well as for its own account. The combination of specific asset knowledge with debt and equity and placement expertise creates a differentiation for RESIDCO that is uncommon in the well-populated financial services and transportation capital industries. RESIDCO has and has held positions in numerous commercial aircraft and aircraft engines. We have arranged residual value insurance on over 60,000 freight cars and have invested in thousands of freight cars of all types as well as numerous locomotives. RESIDCO has managed large pools of over 2000 freight cars and locomotives for third parties. We utilize our own proprietary automated models, as well as the leasing industry's packaged models, in structuring and valuing investments. RESIDCO maintains and develops proprietary databases as well as proprietary tools for insight mining of industry databases. RESIDCO is a member of the Equipment Leasing and Finance Association ("ELFA") and the International Society of Transport Aircraft Trading ("ISTAT"). RESIDCO's size and wholesale capability is a competitive advantage. It can respond quickly and flexibly to ever changing market conditions. We have proven our effectiveness as both an intermediary and as a principal. Hard work enables our corporation to optimize the value of being a lean organization. Through its resourcefulness and integrity, RESIDCO has earned the respect of large financial institutions and major transportation equipment lessees.

See similar companies related to Residco

What Skills Does a person Need at Residco?

At Residco, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. Legal Advice: Giving a professional or formal opinion regarding the substance or procedure of the law about a particular factual situation.
  3. Intellectual property: Intellectual property refers to creations of the mind. It can be an invention (patent / utility model), a design (industrial design), a brand name (trademark, or a literary and artistic work (copyright).
  4. Corporate Governance: Implementing rules, practices, and processes to effectively direct and manage a company to meet its missions and goals.
  5. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

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Check more jobs information at Residco

Job Title Average Residco Salary Hourly Rate
2 Accountant $78,441 $38
3 Chief Financial Officer $383,718 $184
4 Marketing Intern $41,686 $20
5 Director, Capital Markets $116,590 $56

Hourly Pay at Residco

The average hourly pay at Residco for a General Counsel is $161 per hour. The location, department, and job description all have an impact on the typical compensation for Residco positions. The pay range and total remuneration for the job title are shown in the table below. Residco may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $335,384 look to you?

FAQ about Salary and Jobs at Residco

1. How much does Residco pay per hour?
The average hourly pay is $161. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Residco?
According to the data, the highest approximate salary is about $390,340 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Residco?
According to the data, the lowest estimated salary is about $286,111 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.