Despite some progress, pay equity continues to be a major concern in in-house legal departments, according to Major, Lindsey & Africa’s latest Global In-House Compensation Survey.
The report, which is based on responses from more than 2,100 lawyers in 46 countries, reveals that female general counsel and chief legal officers earn approximately 12% less in total compensation than their male counterparts, with women averaging $527,525 compared to $596,180 for men.