Executive compensation is a niche where employment, tax, corporate governance, and securities rules collide. As listed and PE-backed companies grapple with pay transparency, shareholder scrutiny, and cross-border deals, UK demand for executive compensation (exec comp) attorneys keeps rising—especially in London. For international lawyers, visa-sponsoring employers (primarily under the Skilled Worker route) make this a realistic path into the UK market.
What “Executive Compensation” Covers (quick refresher)
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Fixed pay & incentives: base salary, annual bonus, and long-term incentives (LTIPs, RSUs, PSUs, options).
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Benefits & protections: pensions, deferred comp, malus/clawback, change-in-control and severance.
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Share plans & tax: UK tax-advantaged plans (e.g., EMI, CSOP, SIP, SAYE) and cross-border equity issues.
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Governance & disclosure: directors’ remuneration policies/reports, shareholder votes, and proxy adviser engagement.
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Regulatory overlays: listed-company rules and financial-sector remuneration regimes (FCA/PRA), plus M&A/IPO-driven pay design.
What Executive Compensation Attorneys Do
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Draft service agreements, bonus and LTIP rules, leaver provisions, restrictive covenants, and clawback.
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Advise boards/remuneration committees on policy design, disclosure, and shareholder engagement.
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Structure equity and cash incentives with UK tax/compliance in mind; coordinate with US/EU counsel on global plans.
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Support transactions (M&A, IPO, SPAC de-SPACs, carve-outs) including golden parachute analysis and retention pools.
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Handle disputes and investigations around pay, leavers, and post-termination restrictions.
Why the UK (especially London)?
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A deep market of FTSE-listed and large private companies, PE platforms, and global banks/asset managers.
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Ongoing governance reform and investor scrutiny drive steady advisory work.
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London teams routinely lead multi-jurisdictional mandates, giving exec comp specialists outsized cross-border exposure.
Visa Sponsorship: What to Expect
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Primary route: Skilled Worker visa via a Home Office–licensed sponsor (most large City and US firms in London are sponsors).
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Other routes (situational): Global Business Mobility (intra-group transfers), Scale-up visa (if the employer holds this status).
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What employers look for: eligibility under the relevant SOC code for legal professionals, salary meeting Home Office thresholds (City firms typically clear this), and a clean compliance history.
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Tip: verify the employer appears on the public Register of Licensed Sponsors and confirm sponsorship in your offer letter.
Where the Jobs Are (hiring segments)
1) Law firms (private practice)
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Magic Circle & Silver Circle: executive compensation often sits within Employment/Benefits or Corporate.
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US firms in London: sustained demand for transaction-heavy comp and US/UK hybrid equity advice.
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Specialist boutiques: executive pay, incentives, and employment litigation teams handling board-level mandates.
2) In-house legal & reward
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FTSE 100/250 issuers, financial institutions, and PE portfolio groups—roles blend legal, reward, and governance.
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Often titled Legal Counsel (Reward/Executive Compensation) or Senior Counsel—Incentives.
3) Consulting & advisory
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Big Four legal/reward practices and human-capital consultancies (Mercer, WTW, Aon) hire lawyers for plan design, tax, disclosure, and shareholder engagement.
Skills & Profile Hiring Managers Want
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Core legal breadth: employment/benefits, contracts, corporate support on deals, and UK tax awareness for equity.
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Listed-company fluency: remuneration policy/report drafting, shareholder voting dynamics, proxy adviser expectations.
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Financial-services know-how (nice to have): remuneration codes, deferral, malus/clawback, and buy-out structures.
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Cross-border comfort: coordinating US §409A/§280G and EU rules; IFRS 2 basics and cap-table effects.
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PQE bands: common sweet spot is 2–6 PQE for mid-level roles; senior counsel/partner for 7+ PQE.
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Soft skills: board-facing communication, negotiation, stakeholder management, and crisp drafting under time pressure.
Compensation Snapshot (indicative, London)
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Private practice: bases are competitive with City employment/corporate teams; bonuses tied to firm performance and billables.
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In-house: base + cash LTIP or RSUs; finance/PE/finserv often pay at the higher end for seasoned counsel.
(Firms rarely publish exact bands; benchmarks vary by firm tier and PQE.)
How to Position Your CV (and deal sheet)
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Keep it to 1–2 pages; add a deal/add-back sheet if you have significant transaction work.
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Showcase remuneration report/policy drafting, equity plan implementations, M&A/IPO comp work, leaver cases, and board/RemCo exposure.
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Name jurisdictions, industries, and your role (lead, drafting counsel, due-diligence).
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Add relevant certifications (e.g., ICSA governance modules) and presentations/articles on exec pay.
Target Employers & Recruiters (examples)
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International & City firms: A&O Shearman, Clifford Chance, Freshfields, Linklaters, Slaughter and May; US firms such as Latham & Watkins, Kirkland & Ellis, Skadden, Simpson Thacher, Davis Polk, Cooley, Goodwin, Ropes & Gray.
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Consultancies/People advisory: Deloitte, EY, KPMG, PwC; Mercer, WTW, Aon.
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Recruiters (legal): Taylor Root, SSQ, Major, Lindsey & Africa, Fox Rodney, Michael Page Legal, Hays Legal, BCL Legal, Hydrogen.
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Job boards: LinkedIn Jobs, The Lawyer Jobs, Legal Week Jobs, RollOnFriday Jobs, TotallyLegal, Indeed.
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Visa check: UK Register of Licensed Sponsors (to confirm a firm can sponsor).
Interview Prep: What You’ll Be Asked
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Walkthroughs of remuneration policy/report projects, share plan implementation, or deal-driven comp work.
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Scenario questions: leaver classifications, malus/clawback triggers, buy-out awards, or director disclosure issues.
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For finserv roles: deferral structures, risk adjustment, identification of MRTs, and regulator engagements.
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Expect a short drafting test (service agreement/LTIP rules) and stakeholder-management hypotheticals.
For International Candidates (visa + UK practice fit)
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Map your experience to UK concepts (e.g., “good/bad leaver,” LTIP/PSU, RemCo, disclosure).
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If you have US compensation depth (409A/280G, SEC proxy), emphasize cross-border equity value-add for London teams serving US-listed clients.
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Bring evidence of client-facing experience and comfort advising boards/PE sponsors.
How to Find Roles (practical workflow)
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Create a target list (10–15 employers): mix City/US firms, two consultancies, and 2–3 FTSE/PE in-house targets.
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Check sponsorship: verify on the licensed sponsors register; ask recruiters directly about recent sponsorships.
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Warm intros: message partners/counsels on LinkedIn who publish on executive pay or sit on RemCo advisory groups.
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Pitch samples: have anonymised policy/report excerpts, a template LTIP schedule, or a short client alert ready.
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Use niche search terms on boards: “executive compensation,” “share plans,” “incentives,” “remuneration,” “employment incentives,” “benefits & incentives.”
FAQs (fast)
Do UK firms sponsor visas for exec comp roles?
Yes—especially large City and US firms with licensed sponsorship and clear demand.
Do I need UK qualification?
Many firms prefer or require England & Wales admission, but some will consider foreign-qualified lawyers with strong, relevant experience (especially US equity/SEC crossover) and support requalification.
Which practice should I sit in?
Often Employment/Benefits or Corporate with a dedicated Incentives/Share Plans sub-team.
What about remote/hybrid?
Hybrid is common; fully remote roles are rarer at the senior, board-facing end.
Clear Next Steps
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Shortlist 12 targets: 6 law firms, 3 consultancies, 3 in-house FTSE/PE groups; confirm they’re licensed sponsors.
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Rewrite your CV (this week): add a one-page deal/work highlights sheet with bullets on policy/report drafting, LTIP rules, leaver analysis, and any finserv remuneration work.
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Collect evidence: anonymised writing samples (policy extracts, plan rules, client alerts) and a two-paragraph board memo on malus/clawback—ready for interviews.
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Call two recruiters: pick specialist legal recruiters (e.g., Taylor Root, SSQ) and ask specifically about visa-sponsoring exec comp roles at your PQE.
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Line up references: a partner/GC who can speak to your board-level exposure and drafting quality.
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Prepare answers: rehearse 3 case studies—(i) redesigning LTIP on an IPO, (ii) complex leaver dispute, (iii) finserv deferral/clawback.
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Apply in waves: 4–5 tailored applications per week; follow with warm LinkedIn messages to the partner or TA lead within 48 hours.
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Visa conversation early: once you have traction, ask HR to confirm Skilled Worker sponsorship in writing and expected timelines.