Skaddenfreude: Life on the Inside
(Or: General counsels and in-house lawyers are doing quite well, thank you very much.)
We tend to emphasize Biglaw over the in-house world here at ATL. When we do talk about in-house lawyers, it's often in the context of their complaining about the legal bills they get from large law firms -- and how much first- and second-year associates earn these days, despite being short on knowledge and experience.
But don't shed tears for chief legal officers, general counsels, and the in-house lawyers who work under them. As shown in our latest batch of survey results, they're very happy with their jobs.
Part of that happiness may stem from their compensation. Check out this Inside Counsel report (PDF) on in-house compensation, or this Legal Blog Watch summary of the report. While they may make less than their counterparts in large law firms, they're still doing very well for themselves.
For GCs' Salaries, Survey Says: Ka-ching! [Legal Blog Watch]
Payday: How does your compensation compare? [InsideCounsel]
Payday: Full Report (PDF) [Inside Counsel]
Comments
First?
Posted by: dred furst | February 25, 2008 02:32 PM
lat, have you heard about the mb chapter 11 thing??
Posted by: Anonymous | February 25, 2008 02:35 PM
Did that article quote a 180k starting salary in D.C., as per abovethelaw?
Posted by: Anonymous | February 25, 2008 03:06 PM
3:06 is referring to the payday article
Posted by: Anonymous | February 25, 2008 03:08 PM
What a useless survey. Not much data on those below GC-level, and no breakdown by industry.
Posted by: Anonymous | February 25, 2008 05:05 PM
No kidding. How wonderful to know that GC's of Fortune 500s are paid well. Lat, why don't you do a survey tellling us all how wonderfully the top equity partners with mucho rainmaking ability make at AmLaw10. It would be about as useful.
Posted by: Anonymous | February 25, 2008 06:38 PM
Thanks to heaven, I can sleep well at night knowing that my GC is not undercompensated.
How about sharing info (with permission, of course) from that famous Robert Half legal compensation survey?
Posted by: Anonymous | February 26, 2008 10:29 AM