X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Total compensation for in-house lawyers in management jumped by 8% to 14% this year, and by 4.5% to 23% for nonmanagement lawyers, according to a new survey by law firm consultancy Altman Weil Inc. “These increases, even after adjusting them for inflation, were very solid,” said Altman principal James Wilber. For chief legal officers, salaries rose by 5.8% to a median $300,000 in 2007, while bonus dollars spiked 43% to $157,400. Division general counsel collected a 10.2% salary increase for a median of $232,000, plus a median $104,600 bonus. Specialized nonmanagement attorneys captured the highest salary increases. Salaries for staff attorneys with at least one year of experience jumped by 23%, while recent grads are collecting 10.8% more, with a median salary of $70,600 and a $4,000 bonus. Altman’s Law Department Compensation Benchmarking Survey, 2007 edition, includes data from 343 law departments with 8,148 lawyers and 72 one-lawyer departments.

This content has been archived.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Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.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.