Like their counterparts in the rest of the country, general counsel in the South saw a slight drop in compensation in 2015, according to the 2016 General Counsel Compensation Survey, conducted by Daily Report affiliate ALM Legal Intelligence. But experts on executive compensation say Southern GCs have reason for optimism about their pay in years to come.
A quick word on methodology: Public companies in the United States are required to reveal the compensation of their five most highly paid executives. Despite being well-paid, some prominent GCs like Atlanta-based Home Depot’s Teresa Wynn Roseborough and Miami-based World Fuel Services’ R. Alexander Lake do not appear in the 2016 General Counsel Compensation Survey because they are not among the five most highly paid executives at their companies. But the survey, by looking at how much GCs made in 2015 compared with 2014, nonetheless offers insight into the big-picture trends in GC compensation.
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