The highest-paid legal chief in real estate saw his pay sliced 10% in 2023, but he’s unlikely to lose his grip on the top spot for his industry, and he’ll probably also remain among the 20 highest-paid legal chiefs in any industry.

Edward Nekritz, chief legal officer of the industrial real estate developer Prologis, received $13.6 million in compensation in 2023, down from $15 million in 2022, according to the company’s newly filed proxy statement.