Stat Of The Week: In-House Salaries Rise 

As regular ATL readers are well aware, the 2021 Biglaw Bonus Blowout is well underway. 

But for corporate counsel, reliable compensation benchmarks are much harder to find.

In the coming week, we’ll be launching our 2021 In-House Compensation Report, which draws on surveys of over 1,000 in-house attorneys over the course of the year. 

Sponsored 2021 State of U.S. Small Law Firms Explore the challenges solo and small lawyers are facing and the solutions they are pursing to best prepare their practices for the future. From Thomson Reuters

One highlight of this year’s report is an overall upswing in corporate counsel pay: 89 percent of participating attorneys reported base salaries of at least $150,000, compared with 73 percent of respondents in 2017.

The participants represent companies of varying size and stature — from private companies with fewer than 100 employees to businesses featured in the Fortune 500 — and the report explores their base pay, annual raises, bonuses, and stock compensation.

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Stay tuned for the full results. 

Sponsored How GCs Can Mitigate The ‘Great Resignation’ Download this free report for the findings from Axiom’s 2021 General Counsel Survey — and for steps you can take right now based on these results. From Above The Law and Axiom

Jeremy Barker is the director of content marketing for Breaking Media. Feel free to email him with questions or comments and to connect on LinkedIn. 

Topics

In-House Compensation, In-House Counsel, Stat of the Week, Surveys


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Originally posted on: https://abovethelaw.com/2021/12/stat-of-the-week-in-house-salaries-rise/