Corporate Lawyer salary in Iceland

Average Yearly Salary of Corporate Lawyer in Iceland is approximately 22,348,720 ISK (155,732 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 Lawyer do?

A corporate lawyer is a legal professional who specializes in providing legal advice and representation to corporations and businesses. They handle a wide range of legal matters related to corporate operations, including contracts, mergers and acquisitions, intellectual property, compliance, employment law, and litigation. Corporate lawyers work closely with clients to understand their business objectives and provide strategic legal solutions to help achieve those goals while ensuring compliance with applicable laws and regulations. They draft and review contracts, negotiate deals, conduct due diligence, advise on corporate governance issues, and represent clients in court if necessary. Strong analytical, negotiation, and communication skills are essential for corporate lawyers to effectively navigate complex legal matters and provide sound legal counsel to their clients.

Skills: Corporate lawyer, Legal advisor, Business law, Contract law, Compliance, Mergers and acquisitions
Job industry: Legal

How much does Corporate Lawyer 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 Lawyer a well paid job?

Yes, our data show that Corporate Lawyer 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 Lawyer?

High salary for Corporate Lawyer would be somewhere between 24,583,592 ISK and 32,405,644 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Corporate Lawyer 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: 22,348,720 ISK
Estimated Monthly Salary: 1,862,393 ISK
Estimated Weekly Salary: 429,783 ISK per week
Estimated Hourly Salary: 10,745 ISK per hour
By working as Corporate Lawyer a person can save up to 10,249 USD per month or 122,986 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 Lawyer

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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