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Comment by hiddencost | Hacker News Reader

Small detail which helps me calibrate on the quality of the article (from MSN).

They list a 300k salary for a lawyer after saying open AI is hiring top legal minds.

I'm sure they are hiring top legal experts, but $300k is very little money compared to the cost of a good corporate lawyer.

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The article states:

"The company has posted a job for an antitrust lawyer — with a salary of up to $300,000"

OpenAI has an actual "senior AI product counsel" role posted with a $250-300k salary range. https://openai.com/careers/search?c=legal leading to https://jobs.ashbyhq.com/openai/12b1092b-d814-4991-b23c-9974...

Also for OpenAI, wouldn't this be base salary? And they would pay equity on top of that?

It's very likely that this person will be responsible for, among other things, farming a great deal of work out to other law firms that will bill quite a lot more than $300k/year.

In-house counsel don't replace big law firms? I believe their role is to guide a company legally as much as possible, and to interface with Big Law when shit hits the fan.

I'm a bit shocked the OpenAI didn't already have a large in-house legal team preemptively preparing a defense.

Did they not think they were going to get sued over training on copyrighted works?

They will also offer equity which will be much more than that.

In house counsel is usually not remotely as well compensated as external counsel that bills hours for a team.

That said, possible this isn't counting equity?

Typically these companies pay in equity on top of the cash salary

What range should it be?

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