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“General counsel compensation has evolved with the way compensation is viewed at the C-suite level. There is a greater emphasis towards equity and a greater emphasis on company performance," says John Nixon, a partner at Duane Morris in Philadelphia who helps negotiate GC compensation.
Tim Murphy is stepping away from his top lawyer seat at Mastercard to serve in the newly created role of chief administrative officer.
Nearly half of all U.S. and Europe-based respondents in a new in-house survey said they faced more corporate legal disputes last year. Their legal departments, and spending on outside counsel, grew accordingly.
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