Corporate Legal Counsel
Also known as Business lawyer · Business solicitor · Company solicitor · Corporate advocate
Critical skills: Legal research and regulatory interpretation, Contract drafting and negotiation, Corporate governance
BriefYour role
Also known as Lawyer · Legal consultant · Legal service manager · Administrative law lawyerand 8 more
Advocate · Agricultural lawyer · Attorney · Bank and capital market lawyer · Barrister · Building and construction dispute lawyer · Building lawyer · Business law consultant
Legal Counsel is a role in Legal & Governance. The family covers legal counsel, contracts, company secretarial, paralegal and privacy roles. The core skill is legal research and regulatory interpretation.
The EFO level names are the common scale; job titles differ between employers.
| Level | What the work looks like | Typical years | Typical job titles |
|---|---|---|---|
| L1 Starting out | Learns the job; executes defined tasks with supervision | 0-2 | Banks: Analyst, Junior Analyst, Associate (asset servicing), Trainee, GraduateAsset servicers: Junior, Specialist (entry), Officer |
| L2 Independent | Owns a process end to end; trains L1; first contact for the team's clients | 2-5 | Banks: Analyst / Senior Analyst, AssociateAsset servicers: Specialist, Senior Specialist, Senior Officer |
| L3 Senior or specialist | Deep expertise; handles exceptions and change; represents the function in projects | 5-9 | Banks: Senior Associate, AVP, Assistant ManagerAsset servicers: Senior Specialist, Expert, Team Lead (small team) |
| L4 Leads a team or an area | Manages people or a large process; owns budgets or controls; escalation point | 8-14 | Banks: VP, Manager, Senior ManagerAsset servicers: Team Lead, Manager, Head of Section |
| L5 Leads the function | Accountable for the function in a legal entity or region; sets priorities and standards | 12+ | Banks: Director, Executive Director, Managing Director, Head of functionAsset servicers: Head of Department, Director |
Specialisations share most of the role and differ in the skills listed here.
Also known as Business lawyer · Business solicitor · Company solicitor · Corporate advocate
Critical skills: Legal research and regulatory interpretation, Contract drafting and negotiation, Corporate governance
Critical skills: Legal research and regulatory interpretation, Contract drafting and negotiation, Litigation support and case management
Each role lists its skills with a tier and a weight. The weights of one role add up to 100 percent.
Source: the EFO role catalogue, built from the ESCO classification and reviewed by the editors.
The percentage is the skill's share of the role; the bars are drawn relative to the anchor skill, which is shown full.
The work the role takes part in.
No change with a date ahead names one of this role's main processes. The Regulatory calendar lists every change.
The L3 salary range for this role, with its sources, will appear here when the salaries section opens.
Roles that need many of the same skills, by weighted skill overlap, with the skills you would need to add.
55% skill overlap
To add: Corporate secretarial and entity management, Records and information management, Financial statement analysis and ratios
54% skill overlap
To add: Operational resilience and ICT risk rules (DORA and equivalents), Control mindset (what could go wrong), Identity and access management
53% skill overlap
To add: Corporate secretarial and entity management, Market abuse and trade surveillance (MAR), Records and information management
50% skill overlap
To add: Functional analysis between business and IT, Operational resilience and ICT risk rules (DORA and equivalents), Control mindset (what could go wrong)
48% skill overlap
To add: Anti-money laundering regulation, Control mindset (what could go wrong)
45% skill overlap
To add: Anti-money laundering regulation, Consumer credit and consumer duty rules (CCD, Consumer Duty, TILA), Control mindset (what could go wrong)