how much does an attorney at a hedge fund make

by Sidney Fadel 9 min read

While ZipRecruiter is seeing salaries as high as $296,154 and as low as $36,745, the majority of Hedge Fund Attorney salaries currently range between $78,425 (25th percentile) to $111,880 (75th percentile) with top earners (90th percentile) making $183,724 annually in New York.

Hedge Fund Lawyer Salary
Annual SalaryMonthly Pay
Top Earners$150,000$12,500
75th Percentile$107,500$8,958
Average$95,547$7,962
25th Percentile$62,500$5,208

Full Answer

Do you need a lawyer to start a hedge fund?

Hedge Fund Lawyers Make Bank Dealbreaker Total cash compensation for general counsels at most hedge fund managers tends to range between $500,000 and $2 million. The average total cash package for...

How much does a hedge fund general counsel make?

A Work From Home Hedge Fund Attorney in your area makes on average $6,314 per month, or $147 (2%) more than the national average monthly salary of $6,168. ranks number 1 out of 50 states nationwide for Work From Home Hedge Fund Attorney salaries.

How much does a hedge fund worker make?

Hedge Fund Legal Pay guide - Source: JW Michaels & Co. Hedge Fund Size Title Compensation Range; Small-Medium (< $5B AUM) Paralegal/Legal Analyst: $80,000 - $95,000: Counsel: $240,000 - $325,000: AGC & Compliance Officer: $250,000 - $375,000: Head of Legal: $400,000 - $500,000: GC & CCO: $700,000 - $900,000: Large (> $5B AUM) Paralegal/Legal Analyst: …

How much does it cost to start a hedge fund?

How much does a Hedge Fund Attorney make in New York? As of Feb 14, 2022, the average annual pay for a Hedge Fund Attorney in New York is $109,059 an year. Just in case you need a simple salary calculator, that works out to be approximately $52.43 an hour. This is the equivalent of $2,097/week or $9,088/month.

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Do hedge funds employ lawyers?

Typically, it is lawyers with transactional, not litigation, experience who the hedge funds and private equity shops hire. Often, these lawyers also have an MBA or CPA, but not always.

What is the highest paid lawyer type?

Some of the highest-paid lawyers are:Medical Lawyers – Average $138,431. Medical lawyers make one of the highest median wages in the legal field. ... Intellectual Property Attorneys – Average $128,913. ... Trial Attorneys – Average $97,158. ... Tax Attorneys – Average $101,204. ... Corporate Lawyers – $116,361.Dec 18, 2020

How much does an MD at a hedge fund make?

The highest salary for a Managing Director and Co-head of Hedge Fund Practice in United States is $431,449 per year.

How much do you earn at a hedge fund?

On the whole, however, they suggest a degree of similarity in hedge fund salaries, with standard packages seeming to fall between £200k to £300k. Partner pay is far more variable, as is to be expected in an industry where partners take a share of often highly volatile profits.Jun 24, 2019

Are all lawyers rich?

The majority of lawyers, or rather attorneys, are not rich, but many of them make a decent income in exchange for complex work.Apr 6, 2021

What is the highest paying job?

Highest-Paying CareersRankOccupation2020 Median wagesAnnual1Anesthesiologists$100.00+2General Internal Medicine Physicians$100.00+3Obstetricians and Gynecologists$100.00+7 more rows

How much do Citadel PMs make?

All PMs receive a salary of US$ 150k per annum. Payout after costs tends to be around 15% although this can be higher for exceptional talent.

Do hedge funds pay well?

The top individual Portfolio Managers can earn hundreds of millions or billions each year. Hedge funds offer a much higher pay ceiling than investment banking, (sometimes) better hours and work/life balance, and the chance to do more interesting work.

Do hedge funds pay employees well?

Hedge funds would pay slightly more than investment banking to motivate you to cross that bridge. A hedge fund analyst at a decent shop can expect to take home $90,000 to $100,000 in base salary with a similar amount in bonus.

How do hedge funds make so much money?

Hedge funds make money as part of a fee structure paid by fund investors based on assets under management (AUM). Funds typically receive a flat fee plus a percentage of positive returns that exceed some benchmark or hurdle rate.

Is it hard to get a job at a hedge fund?

When it comes to how to get a job at a hedge fund, real information is tough to find. Part of that is intentional: hedge fund recruiting, is less structured than investment banking interviews or private equity recruiting. Also, many hedge funds are not interested in broadly marketing themselves to candidates.

What degree do you need to work for a hedge fund?

Hedge fund managers typically have a minimum of a bachelor's degree, although many companies prefer a master's degree. Hedge fund managers may have a degree in accounting, finance, economics or business administration.Dec 10, 2019

The Groundwork

Initial Costs

  • Hedge funds are expensive ventures with burdensome startup costs that can reach well over the six-figure range. Startup costs for a standard equity fund can run approximately one million dollars in the first year. Start-up costs for more complex credit and systematic funds can run around two million dollars.1 Most hedge fund managers will spend the majority of their mone…
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Raising Capital

  • You may find one or all of the following good sources to go to first for initial investment capital: 1. Your own savings 2. Family and friends 3. Colleagues 4. Hedge fund seeders 5. Endowments or foundations Eventually, you'll need to attract sophisticated investors who have larger sums of money at their disposal. You'll need to convince them to become investors by touting a track rec…
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3 Ways to Get The Legal Work Done

  • Once you've secured the capital, you have to work through the legalities of setting up the fund. If you're going to give out investment advice, first pass a test and register with the Securities and Exchange Commission (SEC). This is legally required under certain circumstances and it's a good idea in any case as future investors will see this as a positive sign.2 You'll also need to set you…
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