In-house lawyers are witnessing a transformation in their compensation. Salary is no longer a straight sum; following executive compensation trends, company lawyers commonly receive a mix of salary, bonus and stock options. Now the American Bar Association is examining whether nonsalary compensation, often tied to company performance, may impair a lawyer's independence or create other ethical concerns.
August 23, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
In-house lawyers are witnessing a transformation in their compensation. Salary is no longer a straight sum; following executive compensation trends, company lawyers commonly receive a mix of salary, bonus and stock options.
Now the American Bar Association is examining whether nonsalary compensation, often tied to company performance, may impair a lawyer’s independence or create other ethical concerns.
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