The private funds industry is facing intense regulatory scrutiny, while a potential economic crisis akin to the global financial crisis is looming. Despite that, compensation for in-house legal and compliance staff at fund managers is expected to remain strong, as is demand for staff at digital asset managers. In a recent interview with the Hedge Fund Law Report, David Claypoole, founder and president of Claypoole Executive Search, addressed the above and other themes relating to the market for in-house legal and compliance staff. This second article in a two-part series furnishes Claypoole’s thoughts on the rates of compensation for in-house personnel, along with trends with respect to legal and compliance staff at digital asset managers. The first article explored legal and compliance hiring trends, as well as ways in-house compensation is being structured. For additional insights from Claypoole, see “HFLR Webinar Explores Legal and Compliance Employment Trends, Including Compensation, Staffing, Diversity and the Pandemic’s Impact” (Oct. 15, 2020); and our two-part interview: “What is the Value of Legal and Compliance Staff?” (Mar. 12, 2015); and “Trends in Legal and Compliance Hiring and Staffing” (Mar. 19, 2015).