Breaking NewsLaw.com and associated brands will be offline for scheduled maintenance Friday Feb. 26 9 PM US EST to Saturday Feb. 27 6 AM EST. We apologize for the inconvenience.

 
X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Almost 600 lawyers at 50 Fortune1000 companies took part in Corporate Counsel‘s 2002 Quality of Life Survey of in-house legal departments. Twenty-eight of those companies had at least five respondents, and the chart on page 66 contains those businesses’ responses. All other charts include results from all 50 companies. In addition to demographic information, we asked respondents about their jobs, benefits, hours, compensation, opportunities for advancement, and relationships with outside counsel and their own clients. The survey, conducted through an online questionnaire, was anonymous, though some respondents provided contact information for follow-up. Some charts do not add up to 100 percent, due to rounding. In some instances, this was because of incomplete responses for a particular question or because a question included multiple choices. Participating companies include: Allergan Inc.; Applied Materials Inc.; Aquila Inc.; Ashland Inc.; CIGNA Corp.; CVS Corp.; Caremark Rx Inc.; Centex Corp.; The Clorox Co.; Compass Bancshares Inc.; Continental Airlines Inc.; Costco Wholesale Corp.; Cox Communications Inc.; Cummins Inc.; Dell Computer Corp.; Dynegy Inc.; Exelon Corp.; Fannie Mae; Golden State Bancorp Inc.; Harrah’s Entertainment Inc.; Honeywell International Inc.; Ingram Micro Inc.; Lehman Brothers Holdings Inc.; Levi Strauss & Co.; Lowe’s Cos. Inc.; Lyondell Chemical Co.; Masco Corp.; NCR Corp.; Navistar International Corp.; New York Life Insurance Co.; Nike Inc.; The Northwestern Mutual Life Insurance Co.; ONEOK Inc.; PG&E Corp.; Payless ShoeSource Inc.; PeopleSoft Inc.; Principal Financial Group Inc.; QUALCOMM Inc.; R.J. Reynolds Tobacco Holdings Inc.; R.R. Donnelley & Sons Co.; Reebok International Ltd.; Sears, Roebuck and Co.; Sonic Automotive Inc.; Sovereign Bancorp Inc.; TECO Energy Inc.; Tenet Healthcare Corp.; UAL Corp.; US Airways Group Inc.; Washington Mutual Inc.; and Waste Management Inc. In-House Demographics: Who the Participants Are
When were you born?
1931-1940 2%
1941-1950 17%
1951-1960 37%
1961-1970 39%
1971-1980 5%
What was your previous occupation?
Associate in a law firm 39%
Lawyer in another company 27%
Partner in a law firm 13%
Government lawyer 6%
Law school student 5%
Other 9%
How many years have you practiced law? 16 (average)
How many years have worked at your present company? 8 (average)
What is your annual salary range (excluding bonus?)
$50,000 to $99,999 11%
$100,000 to $124,999 27%
$125,000 to $149,999 26%
$150,000 to $174,999 15%
$175,000 to $199,999 11%
$200,000 to $249,999 5%
$250,000 to $300,000 2%
More than $300,000 2%
Did you receive a bonus in 2001?
Yes 86%
No 14%
Average bonus amount: $46,321
Did you receive a bonus in 2000?
Yes 87%
No 13%
Do you currently have stock options at this company?
Yes 74%
No 26%
If yes, are your options above the strike price?
Yes 41%
No 59%
( Corporate Counsel, December 2002)

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.