Thank you for sharing!

Your article was successfully shared with the contacts you provided.
What a year. The government became a major shareholder in whole sectors of the economy, while consumer demand plunged to levels not seen in decades. Mass layoffs and forced furloughs without pay ensured that money would stay tight for a while. Through previous recessions, general counsel stayed largely untouched. Indeed, the past decade shows a nearly unbroken string of pay raises. No more. While some indexes of GC pay rose, the basic trend was nearly flat. Why? Because executive pay has become inextricably bound with corporate performance. And if the company doesn’t do well, the GC might find a thinner pay packet. How thin? It’s all relative. Make no mistake, the lawyers in the following pages are still handsomely compensated for their hard work. Inside this special report:

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 © 2017 ALM Media Properties, LLC. All Rights Reserved.