Legal Industry News
January 19, 2010
GC’s Average Annual Salary: $1.4 Million
Executive compensation firm Equilar has just published its survey and report on General Counsel compensation, based on salaries, bonuses, stock awards, and stock options reported by companies in Equilar’s Top 25 Senior Officer Compensation Survey and on proxy statements filed by Fortune 100 companies.
The report shows that general counsel earned an average annual salary of about $1.4 million in 2009. The research indicates that higher GC salaries are linked to growing responsibilities of GCs, with a greater focus on protecting intellectual property and increasing M&A activity. As would be expected, GC’s higher up the chain of corporate command receive a…
To continue reading this article, subscribe now
It's FREE and only takes seconds
Image Credit: ©iStockphoto.com/ lisegagne