If you're looking to jump to a corporate counsel position, it's important to see how well the company in question pays before you make the leap.
So when Hildebrandt International ran a survey this past September on corporate counsel pay, some interesting things jumped out.
Hildebrandt surveyed 223 companies and found that in-house attorneys are doing fairly well
, as compared to their law firm counterparts. The companies surveyed were generally large companies, with revenues of around a billion dollars or so. So, the survey's results are not typical of smaller companies with smaller legal departments.
Even so, the data is interesting. The in-house attorneys surveyed make an average of $236,000 per year in pay and bonuses, up from the $226,000 reported in the previous survey. General counsel pay, meanwhile, increased 14%, up to around $700,000, and chief legal officers — the head honchos — average around $900,000. That's not too shabby, though such officers are the first in line for backdating options scandals.
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