Stepping Up: The 2017 GC Compensation Survey
Pay packages are growing for some of the best compensated legal department leaders in the land, according to Corporate Counsel's 2017 General Counsel Compensation…
August 09, 2017 at 01:33 PM
5 minute read
The original version of this story was published on Law.com
Pay packages are growing for some of the best compensated legal department leaders in the land, according to Corporate Counsel's 2017 General Counsel Compensation Survey. It's a sign that as GCs grow in strategic importance to their companies, remuneration can grow as well. The report also revealed there's also a new compensation champion in town.
In this year's report, a female is at the No. 1 spot on the list of the 100 highest-paid general counsel. She topped the list once before, six years ago, and is the only woman to have made it to the top since ALM Legal Intelligence, a Corporate Counsel affiliate, began compiling the report in 1994.
Still, it isn't exactly evident from the rankings that this year was a win for women overall. Only one other woman appeared in the top 10. Twenty-four percent of the list this year is comprised of women. That's an increase from 19 percent a year ago, but some industry observers had expected this year's percentage to be higher.
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