Every search on this desk is retained. The fee is 25 to 30 percent of the hire’s total first-year compensation. Thirty percent of the fee is paid when the letter is signed, and it is kept if the client cancels. The balance is not a second mystery: the letter states the percentage, and the compensation figure the percentage applies to, before outreach. A 12-month replacement runs on retained general counsel, chief legal officer and chief compliance officer searches. Other in-house searches, including deputy general counsel and legal operations, carry 6 months. Off-limits on the client’s legal department run 24 months. Lawyers we placed are not approached for as long as they stay.
Cash benchmarks are not the fee base when equity is in the package. They are the public figures a CFO can recognize. ACC and Empsight published the 2025 Law Department Compensation Survey executive summary on 16 September 2025. For the general counsel and chief legal officer grouping, median base salary is $330,000 and median total cash is $410,000. Total cash in that table is base plus short-term incentive. The 90th percentile of total cash on the same row is $764,000. A single-lawyer general counsel is a different row: median base $234,000, median total cash $255,000. A deputy general counsel is a third row: median base $280,000, median total cash $368,000. Do not price a general counsel search off the deputy row.
Arithmetic, not an invoice: 25 percent of $410,000 is $102,500 and 30 percent is $123,000. Thirty percent of those amounts, the retainer, is $30,750 to $36,900. On the single-lawyer total-cash median of $255,000, the same percentages are $63,750 to $76,500. If the letter’s definition of total first-year compensation includes equity, a sign-on, or a bonus above the survey’s short-term incentive, the fee is larger than this cash illustration. The percentage does not change. The compensation figure in the letter does.
Interim work is not this percentage. On the San Francisco file the commercial term is a day rate. US interim general counsel rates published there are $1,800 to $3,200 a day. Days billed are credited against a later retained fee if the company then runs a permanent search. An abort of that later mandate leaves the retainer in place. The permanent fee is not stacked on top of the interim invoices.