Compliance lawyers a hit on Wall Street
Some rising stars in New York's financial district...
They [are] the new face of Wall Street, the newly empowered - and often newly rich - compliance lawyer. They are often the only people standing between their investment firms and a lethal blow from the government, and their status is assured and growing.
Many can now command salaries ranging from $300,000 a year, for a midlevel associate position, to seven figures, for heading compliance at a major firm, according to securities and compliance lawyers and those who recruit them. And staff lawyers doing routine work at the Securities and Exchange Commission are in greater demand at big firms, as are former prosecutors who once specialized in corporate fraud cases.
You hear that, Martha Stewart?
They [are] the new face of Wall Street, the newly empowered - and often newly rich - compliance lawyer. They are often the only people standing between their investment firms and a lethal blow from the government, and their status is assured and growing.
Many can now command salaries ranging from $300,000 a year, for a midlevel associate position, to seven figures, for heading compliance at a major firm, according to securities and compliance lawyers and those who recruit them. And staff lawyers doing routine work at the Securities and Exchange Commission are in greater demand at big firms, as are former prosecutors who once specialized in corporate fraud cases.
You hear that, Martha Stewart?
posted by Remz Pokorny @ 12:04 PM
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