Income for in-house lawyers rose in every category this year, driven mainly by two factors: bonuses for the C-suite and raises for the new recruits, according to a new survey by Altman Weil Inc.
The legal consulting firm’s 2007 Law Department Compensation Benchmarking Survey, published with LexisNexis Martindale-Hubbell, reports sharp increases in certain areas and at least modest increases for everyone responding. That includes more than 8,000 in-house lawyers from 343 corporate legal departments, according to Daniel J. DiLucchio Jr., a principal at Altman Weil. “What we’re really happy about this year is that we had a tremendous increase in participation,” DiLucchio said.
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