Corporate Counsel salary in Iceland

Average Yearly Salary of Corporate Counsel in Iceland is approximately 23,799,035 ISK (165,641 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Corporate Counsel do?

The occupation of a corporate counsel involves providing legal advice and guidance to corporations and businesses. They are responsible for ensuring that the company's operations and actions comply with relevant laws and regulations. Corporate counsels play a crucial role in drafting and reviewing contracts, negotiating agreements, and representing the company in legal proceedings. They also provide guidance on corporate governance, intellectual property protection, employment law, and other legal matters. Additionally, corporate counsels may work closely with other departments within the organization to identify potential legal risks and develop strategies to mitigate them. They must stay updated on changes in laws and regulations that may impact the company's operations. Overall, corporate counsels serve as the legal advisors and advocates for the corporation, helping to ensure legal compliance and protect the company's interests.

Skills: Corporate Counsel, Legal Advisor, Business Law, Compliance, Contract Negotiation, Corporate Governance
Job industry: Legal

How much does Corporate Counsel make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Corporate Counsel a well paid job?

Yes, our data show that Corporate Counsel is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Corporate Counsel?

High salary for Corporate Counsel would be somewhere between 26,178,939 ISK and 34,508,601 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Corporate Counsel in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 23,799,035 ISK
Estimated Monthly Salary: 1,983,253 ISK
Estimated Weekly Salary: 457,674 ISK per week
Estimated Hourly Salary: 11,442 ISK per hour
By working as Corporate Counsel a person can save up to 11,075 USD per month or 132,895 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Corporate Counsel

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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