Thank you for sharing!

Your article was successfully shared with the contacts you provided.
ORTUNE 500 companies ARE FINALLY PUTTING THEIR money where their mouths are. In 2002, the economy tanked, the stock market dipped, and corporate scandals dominated the headlines. But the nation’s 100 best-paid chief legal officers forged ahead. Way ahead. They got fatter raises — an average of 9 percent, with a combined salary and bonus sailing past the $1 million mark. And those in the back of our pack (the “bottom” 25) did even better — receiving 17 percent more cash, to be exact. Okay, so they had to pay a slight price. The carrot that used to be dangled in front of law firm lawyers to come in-house — stock options — has shriveled. And with Sarbanes-Oxley’s new obligations, and other burdens, there’s more work to do. But at least the top GCs are being generously rewarded for their efforts.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.