Mutual Fund Lawyers

Lawyer Drafts Legal Documents for a Mutual Fund

Mutual fund lawyers provide a variety of legal services to mutual fund (MF) companies and related employers—ranging from assistance with setting up and dissolving funds, to advice on regulatory compliance and tax issues, to representing their employer during litigation. Some mutual fund lawyers are employed by law firms that provide legal services to MF companies. There are 672,580 lawyers employed in the United States. Mutual fund attorneys comprise a small fraction of this total.

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Quick Facts
Alternate Title(s) Associates, Attorneys, Chief Legal Officers, General Counsels, Managing Attorneys
Duties Provide legal advice to mutual fund companies regarding fund setup and structure, tax issues, compliance, litigation, and other issues
Salary Range $75,000 to $100,000+
Work Environment Primarily Indoors
Best Geographical Location(s) Opportunities are best in large cities
Minimum Education Level
  • Law Degree
School Subjects
  • Business
  • Economics
  • Speech
Experience Three to five years experience (entry-level); five to 10 years experience (chief legal officers)
Personality Traits
  • Hands On
  • Organized
  • Problem-Solving
  • Financial
  • Research
  • Writing
Special Requirements None
Employment Prospects Good
Advancement Prospects Fair
Outlook Much Faster than the Average
Career Ladder
  • Chief Legal Officer
  • Managing Attorney
  • Associate

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