As of March 01, 2025, the average annual salary for a Managing Counsel in Passaic, NJ is $225,800. Salary.com reports that pay typically ranges from $196,800 to $258,200, with most professionals earning between $170,397 and $287,699.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $258,200 | $21,517 | $4,965 | $124 |
| Average | $225,800 | $18,817 | $4,342 | $109 |
| 25th Percentile | $196,800 | $16,400 | $3,785 | $95 |
An entry-level Managing Counsel with under 1 year experience makes about $212,255. With less than 2 years of experience, a mid-level Managing Counsel makes around $213,538. After 2-4 years, the Managing Counsel pay rises to about $216,532. Those senior Managing Counsel with 5-8 years of experience earn roughly $219,954, and those Managing Counsel having 8 years or more experience are expected to earn about $223,900 on average.
| Levels | Salary |
|---|---|
| Entry Level Managing Counsel | $212,255 |
| Intermediate Level Managing Counsel | $213,538 |
| Senior Level Managing Counsel | $216,532 |
| Specialist Level Managing Counsel | $219,954 |
| Expert Level Managing Counsel | $223,900 |
| 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
|
$252,896 |
12%
|
|
Investment Banking
|
$250,638 |
11%
|
|
Intellectual Property
|
$248,380 |
10%
|
|
Products and Services
|
$248,380 |
10%
|
|
Negotiating
|
$246,122 |
9%
|
|
Legal Advice
|
$243,864 |
8%
|
