Bonuses for US general counsel fell dramatically last year, leaving total cash compensation for the country's top-earning in-house lawyers down 54% on 2008, according to new research by Legal Week sister title Corporate Counsel. The title's 2010 GC compensation survey, based on the 2009 salary packages of the 100 best-paid GCs in the US, found that cash bonuses fell by an average of 37.1% and non-equity incentive compensation (bonuses tied to specific financial metrics, like profits or revenue) fell by 10%.
July 29, 2010 at 06:44 AM
1 minute read
The original version of this story was published on Legalweek
Corporate Counsel research shows cash bonuses down by 37% for top 100 US GCs
Bonuses for US general counsel fell dramatically last year, leaving total cash compensation for the country’s top-earning in-house lawyers down 54% on 2008, according to new research by Legal Week sister title Corporate Counsel.
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