Should I take this offer?

Goodwin
coys10

Go to company page Goodwin

coys10
Sep 15, 2021 19 Comments

Public tech company securities/corp counsel offer received
Base $230k
No equity or bonus

What should I push for in negotiations?

#counsel #legal

comments

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TOP 19 Comments
  • Oracle
    New-Bee

    Go to company page Oracle

    New-Bee
    Many public companies only offer rsus above certain level. Even farking Oracle tries to shortchange everybody and doesnt offer rsus to all
    Sep 17, 2021 1
    • Snap
      beagledood

      Go to company page Snap

      beagledood
      Yeah. This app is biased toward companies where everyone gets equity. That's not the case at a lot of places outside of the CA tech companies.

      5 years out is a mid level counsel. 230k is actually a bit high on the base at a number of the tech companies where you're all in would be in 220k range. So this offer skews to all cash and it's actually not bad. If you were FAANG sans Google, you'd pull down probably 280 all in, and that's then higher side of the pay scale.

      Realistically if I were in your shoes I'd try to get 240ish and maybe a small sign on bonus.
      Sep 18, 2021
  • Square
    bluestar22

    Go to company page Square

    bluestar22
    As someone who has worked with many attorneys at tech companies either negotiate or go somewhere else, no equity is especially for a public tech company is odd. I’m sure you will have plenty of other options coming from big law. Good luck!
    Sep 18, 2021 0
  • Oracle
    New-Bee

    Go to company page Oracle

    New-Bee
    current comp? less than 125k?
    Sep 17, 2021 1
    • Financial Service Company
      xCSv28

      Financial Service Company

      xCSv28
      Assuming OP is a 4th or 5th year at Goodwin and got a bonus, then they are making TC of $315-$357K
      Sep 17, 2021
  • I’d keep interviewing and not negotiate further here
    Sep 17, 2021 0
  • If you share the company and its general peers, we could help you better benchmark this offer. But no equity at a public company is strange. Ask them how their yearly bonuses and equity grants work. Might give you a better sense of what to negotiate.
    Sep 17, 2021 0