As of March 01, 2025, the average annual salary for a Managing Counsel in Memphis, TN is $183,800. Salary.com reports that pay typically ranges from $160,200 to $210,200, with most professionals earning between $138,713 and $234,236.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $210,200 | $17,517 | $4,042 | $101 |
| Average | $183,800 | $15,317 | $3,535 | $88 |
| 25th Percentile | $160,200 | $13,350 | $3,081 | $77 |
An entry-level Managing Counsel with under 1 year experience makes about $172,791. With less than 2 years of experience, a mid-level Managing Counsel makes around $173,836. After 2-4 years, the Managing Counsel pay rises to about $176,273. Those senior Managing Counsel with 5-8 years of experience earn roughly $179,059, and those Managing Counsel having 8 years or more experience are expected to earn about $182,272 on average.
| Levels | Salary |
|---|---|
| Entry Level Managing Counsel | $172,791 |
| Intermediate Level Managing Counsel | $173,836 |
| Senior Level Managing Counsel | $176,273 |
| Specialist Level Managing Counsel | $179,059 |
| Expert Level Managing Counsel | $182,272 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 1% |
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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.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
| Skill | Salary | Demand |
|---|---|---|
|
Product Development
|
$205,856 |
12%
|
|
Investment Banking
|
$204,018 |
11%
|
|
Intellectual Property
|
$202,180 |
10%
|
|
Products and Services
|
$202,180 |
10%
|
|
Negotiating
|
$200,342 |
9%
|
|
Legal Advice
|
$198,504 |
8%
|
