Legal Counsel Jobs in Maryland
Legal Counsel jobs in Maryland are concentrated in Baltimore, Annapolis, and the Washington D.C. suburbs, where corporate, regulatory, and government contracting work drives steady hiring across seniority levels. Employers like Northrop Grumman, T. Rowe Price, and the University of Maryland Medical System maintain in-house legal teams with recurring counsel needs. The most in-demand specialties include corporate compliance, healthcare law, and government contracts. Find a role that fits below and apply directly.
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At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.
We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity.
Join us for the opportunity to grow and make a difference in ways that matter to you.
About the Role
The U.S. Registered Funds Legal team provides legal and strategic support to T. Rowe Price's registered investment products and products for which T. Rowe Price serves as subadviser, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and other registered investment vehicles. This role partners closely with both internal and external client stakeholders, including Investments, Distribution, Capital Markets, Operations, Compliance, Risk, and others to support client onboarding, fund governance, regulatory matters, disclosure obligations, and business initiatives related to T. Rowe Price's subadvised registered fund business.
We are seeking an experienced attorney to serve as Managing Legal Counsel supporting T. Rowe Price's U.S. registered funds platform, with a significant focus on our subadvised fund business and related product initiatives. In this role, you will work closely with external clients as well as internal business partners on legal and regulatory matters affecting T. Rowe Price's subadvised and registered funds business. Responsibilities include onboarding new clients, managing clients’ legal inquiries, assessing regulatory developments, preparing regulatory filings and governance materials, and advising on other legal issues related to U.S. registered funds.
The ideal candidate will have significant experience working with registered investment companies and will be comfortable collaborating with business, legal, compliance, and operational teams on complex legal and regulatory matters affecting investment products.
Role Summary
Provides specialized, expert legal counsel supporting T. Rowe Price's U.S. registered fund products and subadvised business areas. Serves as a trusted advisor who leverages knowledge of the firm's businesses, products, and regulatory environment to develop practical legal solutions and advance legal positions. Partners with business, Legal, and Compliance colleagues to support decision-making relating to subadvised and proprietary registered funds. Provides advice regarding existing and proposed laws, rules, and regulations affecting registered funds, including the Investment Company Act of 1940, the Investment Advisers Act of 1940, and related securities laws.
Responsibilities
- Serves as the primary legal advisor for a portfolio of subadvised registered fund clients and investment strategies.
- Provides legal counsel on the formation, registration, launch, governance, and ongoing maintenance of registered investment products, with a focus on subadvised registered funds.
- Advises business partners on registered fund-related matters, including client specific impacts, product development initiatives, product changes, and related regulatory considerations.
- Consults with clients and internal business partners on matters related to the Investment Company Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934, SEC rules and guidance, exchange requirements, and industry developments.
-
Supports subadvised-specific matters, including:
- Leading the negotiation, drafting, and interpretation of investment management agreements, subadvisory agreements, confidentiality agreements, side letters, amendments, and other client-facing documentation.
- Advising on investment guideline development and revisions, client-specific requirements, fee schedule changes, and related contractual implications.
- Identifying legal risks and developing solutions that align business objectives with firm standards and regulatory requirements.
- Reviewing client questionnaire responses, due diligence materials, board-related documentation, and contract renewal materials.
- Partners with internal and external stakeholders including Product, Investments, Capital Markets, Trading, Distribution, Operations, Compliance, and Risk teams on matters affecting the firm's subadvised and registered fund platform.
- Monitors and analyzes regulatory developments and industry trends affecting registered funds and advises stakeholders and clients regarding their potential impact.
- Assists with the preparation, review, and maintenance of registration statements, prospectuses, statements of additional information, shareholder communications, board materials, and other regulatory filings and disclosures.
- Conducts legal analysis and research regarding business and regulatory matters and provides practical recommendations to clients and internal stakeholders.
- Provides guidance and support to less experienced legal department colleagues as appropriate.
Qualifications
Required:
- Juris Doctor (J.D.) degree from an accredited law school
- Active license to practice law and admission to the MD State Bar or another state bar
- At least 10+ years of total relevant legal experience
- Significant experience advising registered investment companies, investment advisers, or other financial services organizations
- Strong knowledge of federal securities laws and regulations, including the Investment Company Act of 1940 and Investment Advisers Act of 1940
- Experience drafting, negotiating, and interpreting complex investment management agreements and related legal documentation
- Demonstrated ability to analyze complex legal and regulatory issues and provide practical, business-focused legal advice
- Strong communication and relationship-management skills, including the ability to work effectively across business and functional teams
Preferred:
- Experience supporting SEC registered funds, subadvised funds, and institutional investment products
- Experience advising on fund disclosure, regulatory filings, investment restrictions, and compliance matters
- Experience advising registered investment companies and preparing registration statements, prospectuses, shareholder disclosures, and related SEC filings
- Experience preparing materials for, and advising with respect to, registered fund boards and board committees
- Demonstrated ability to influence stakeholders and manage complex cross-functional initiatives
- Strong client relationship and project management skills
FINRA Requirements
FINRA licenses are not required and will not be supported for this role.
Work Flexibility
This role is eligible for hybrid work, with up to one day per week from home.
Base Salary Ranges
Please review the job posting for the location of this specific opportunity.
$174,000.00 - $297,000.00 for the location of: Maryland, Colorado, Washington and remote workers$191,000.00 - $327,000.00 for the location of: Washington, D.C.
$218,000.00 - $350,000.00 for the location of: New York, California
Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.
Commitment to Diversity, Equity, and Inclusion
At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.
Benefits
We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.
Featured employee benefits to enrich your life:
Competitive compensation
Annual bonus eligibility
A generous retirement plan
Hybrid work schedule
Health and wellness benefits, including online therapy
Paid time off for vacation, illness, medical appointments, and volunteering days
Family care resources, including fertility and adoption benefits
Learn more about our benefits.
T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.
At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.
We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity.
Join us for the opportunity to grow and make a difference in ways that matter to you.
About the Role
The U.S. Registered Funds Legal team provides legal and strategic support to T. Rowe Price's registered investment products and products for which T. Rowe Price serves as subadviser, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and other registered investment vehicles. This role partners closely with both internal and external client stakeholders, including Investments, Distribution, Capital Markets, Operations, Compliance, Risk, and others to support client onboarding, fund governance, regulatory matters, disclosure obligations, and business initiatives related to T. Rowe Price's subadvised registered fund business.
We are seeking an experienced attorney to serve as Managing Legal Counsel supporting T. Rowe Price's U.S. registered funds platform, with a significant focus on our subadvised fund business and related product initiatives. In this role, you will work closely with external clients as well as internal business partners on legal and regulatory matters affecting T. Rowe Price's subadvised and registered funds business. Responsibilities include onboarding new clients, managing clients’ legal inquiries, assessing regulatory developments, preparing regulatory filings and governance materials, and advising on other legal issues related to U.S. registered funds.
The ideal candidate will have significant experience working with registered investment companies and will be comfortable collaborating with business, legal, compliance, and operational teams on complex legal and regulatory matters affecting investment products.
Role Summary
Provides specialized, expert legal counsel supporting T. Rowe Price's U.S. registered fund products and subadvised business areas. Serves as a trusted advisor who leverages knowledge of the firm's businesses, products, and regulatory environment to develop practical legal solutions and advance legal positions. Partners with business, Legal, and Compliance colleagues to support decision-making relating to subadvised and proprietary registered funds. Provides advice regarding existing and proposed laws, rules, and regulations affecting registered funds, including the Investment Company Act of 1940, the Investment Advisers Act of 1940, and related securities laws.
Responsibilities
- Serves as the primary legal advisor for a portfolio of subadvised registered fund clients and investment strategies.
- Provides legal counsel on the formation, registration, launch, governance, and ongoing maintenance of registered investment products, with a focus on subadvised registered funds.
- Advises business partners on registered fund-related matters, including client specific impacts, product development initiatives, product changes, and related regulatory considerations.
- Consults with clients and internal business partners on matters related to the Investment Company Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934, SEC rules and guidance, exchange requirements, and industry developments.
-
Supports subadvised-specific matters, including:
- Leading the negotiation, drafting, and interpretation of investment management agreements, subadvisory agreements, confidentiality agreements, side letters, amendments, and other client-facing documentation.
- Advising on investment guideline development and revisions, client-specific requirements, fee schedule changes, and related contractual implications.
- Identifying legal risks and developing solutions that align business objectives with firm standards and regulatory requirements.
- Reviewing client questionnaire responses, due diligence materials, board-related documentation, and contract renewal materials.
- Partners with internal and external stakeholders including Product, Investments, Capital Markets, Trading, Distribution, Operations, Compliance, and Risk teams on matters affecting the firm's subadvised and registered fund platform.
- Monitors and analyzes regulatory developments and industry trends affecting registered funds and advises stakeholders and clients regarding their potential impact.
- Assists with the preparation, review, and maintenance of registration statements, prospectuses, statements of additional information, shareholder communications, board materials, and other regulatory filings and disclosures.
- Conducts legal analysis and research regarding business and regulatory matters and provides practical recommendations to clients and internal stakeholders.
- Provides guidance and support to less experienced legal department colleagues as appropriate.
Qualifications
Required:
- Juris Doctor (J.D.) degree from an accredited law school
- Active license to practice law and admission to the MD State Bar or another state bar
- At least 10+ years of total relevant legal experience
- Significant experience advising registered investment companies, investment advisers, or other financial services organizations
- Strong knowledge of federal securities laws and regulations, including the Investment Company Act of 1940 and Investment Advisers Act of 1940
- Experience drafting, negotiating, and interpreting complex investment management agreements and related legal documentation
- Demonstrated ability to analyze complex legal and regulatory issues and provide practical, business-focused legal advice
- Strong communication and relationship-management skills, including the ability to work effectively across business and functional teams
Preferred:
- Experience supporting SEC registered funds, subadvised funds, and institutional investment products
- Experience advising on fund disclosure, regulatory filings, investment restrictions, and compliance matters
- Experience advising registered investment companies and preparing registration statements, prospectuses, shareholder disclosures, and related SEC filings
- Experience preparing materials for, and advising with respect to, registered fund boards and board committees
- Demonstrated ability to influence stakeholders and manage complex cross-functional initiatives
- Strong client relationship and project management skills
FINRA Requirements
FINRA licenses are not required and will not be supported for this role.
Work Flexibility
This role is eligible for hybrid work, with up to one day per week from home.
Base Salary Ranges
Please review the job posting for the location of this specific opportunity.
$174,000.00 - $297,000.00 for the location of: Maryland, Colorado, Washington and remote workers$191,000.00 - $327,000.00 for the location of: Washington, D.C.
$218,000.00 - $350,000.00 for the location of: New York, California
Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.
Commitment to Diversity, Equity, and Inclusion
At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.
Benefits
We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.
Featured employee benefits to enrich your life:
Competitive compensation
Annual bonus eligibility
A generous retirement plan
Hybrid work schedule
Health and wellness benefits, including online therapy
Paid time off for vacation, illness, medical appointments, and volunteering days
Family care resources, including fertility and adoption benefits
Learn more about our benefits.
T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.
See All 11 Legal Counsel Jobs in Maryland
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Find Legal Counsel JobsLegal Counsel Jobs by City in Maryland
Where Maryland roles are concentrated, by current openings.
Legal Counsel Job Market in Maryland
A snapshot from current Maryland openings, updated as new roles post.
Who's Hiring
Top Industries Hiring
- Investment & Asset Management
What Maryland Employers Look For
The qualifications that appear most often in legal counsel jobs across Maryland.
- Active membership in the Maryland State Bar or admission by reciprocity required
- Juris Doctor degree from an ABA-accredited law school
- Three or more years of experience in corporate, compliance, or regulatory law
- Demonstrated ability to draft and negotiate commercial contracts independently
- Experience advising business units on risk management and legal exposure
- Strong written and verbal communication skills for cross-functional collaboration
Legal Counsel Jobs in Maryland: Frequently Asked Questions
How do you become a legal counsel in Maryland?
To practice as a legal counsel in Maryland you must be admitted to the Maryland State Bar through the Maryland Board of Law Examiners, which requires passing the Uniform Bar Exam or qualifying for admission by motion if you hold an active license in a reciprocal jurisdiction. Most in-house roles also expect a Juris Doctor from an ABA-accredited school and several years of practice experience, often in corporate, compliance, or a specialty relevant to the hiring employer's industry.
How much do legal counsels make in Maryland?
Legal counsels in Maryland earn a median of about $139,110 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $81,730 for the lowest 10% to over $269,020 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire legal counsels in Maryland?
Maryland legal counsel roles are posted by T. Rowe Price, Office of the Attorney General, and Atlantic Union Bank and others right now, based on current listings on Migrate Mate as of November 2026. Maryland's mix of federal contractors, financial institutions, healthcare systems, and state government agencies means in-house counsel demand is spread across multiple sectors rather than concentrated in a single industry.
Which Maryland cities have the most legal counsel jobs?
Owings Mills, Baltimore, and Elkton have the most legal counsel openings in Maryland right now. Baltimore anchors the market with its concentration of healthcare systems, financial services firms, and regional corporate headquarters, while Annapolis draws state regulatory and government-affairs work, and the D.C.-adjacent suburban corridor benefits from a dense cluster of federal contractors and technology companies that need in-house counsel.
Are there remote legal counsel jobs in Maryland?
Yes, and more than many legal roles, because contract review, compliance advisory, and policy work can be done without a physical presence. About 100% of legal counsel openings tied to Maryland are remote or hybrid as of November 2026, reflecting a genuine shift in how in-house teams operate. Roles centered on litigation support or appearing before Maryland courts tend to remain on-site, while transactional and compliance-focused positions offer the most remote flexibility.
How can I get hired as a legal counsel in Maryland with little or no experience?
The most realistic entry path is a clerkship or fellowship followed by a junior associate or staff attorney role that feeds directly into in-house teams. Large Maryland employers like the University of Maryland Medical System and CareFirst BlueCross BlueShield regularly bring in attorneys from associate-level law firm positions or government agency roles such as the Maryland Office of the Attorney General. Candidates who have passed the Maryland bar and built a portfolio through clinic work, a clerkship, or a compliance analyst role in a regulated industry have a clear edge over those without any Maryland-specific experience.
Where can I find and apply to legal counsel jobs in Maryland?
You can find and apply to legal counsel jobs in Maryland on Migrate Mate, which lists current Maryland openings from employers hiring now. Search the listings, find roles that fit your experience and specialty, and apply directly to the ones that match.
See All 11 Legal Counsel Jobs in Maryland
Find roles in Maryland that match your experience and apply in just a few clicks.
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