During 2012, General Counsel Metrics collected compensation data for 65 law department administrators. The report shows medians and quartiles for base salary, bonus, and total compensation as of Dec. 31, 2011 by six industries as well as five revenue ranges (a minimum of four respondents in each). The industries…
Articles Posted in Compensation
Finding of approximately one-third for GC compensation of salary, bonus, and long-term incentives – but the data is not representative
An article in the Stanford Closer Look Series (at 2) addresses how government-appointed monitors should be paid. It cites research by Equilar on the compensation of the top lawyers within large U.S. companies. “General counsel within Fortune 1000 companies receive compensation that is 43 percent salary, 27 percent annual bonus,…
Some findings regarding equity awards granted in-house lawyers
The compensation data currently in the General Counsel Metrics study includes almost 1,000 in-house lawyers, of which 404 reported the value of the equity award they received for 2011 (either zero or an amount; the others did not complete that question). Of that group that reported on equity, 225 got…
Speculation that comp data of close to 2,000 U.S. GC’s a year are disclosed in annual reports
Some publications regularly trawl the annual reports of U.S. publicly traded companies and assemble those that include the general counsel in the five most highly paid executives. The articles they publish list the reported data in tables and inevitably headline the general counsel who “made the most last year.” It…