Sign in to follow

Corporate Counsel

2024 GC Pay Report: $20M Club Shrinks, but Not Average Compensation

Netflix was an outlier in revamping its pay practices in a year when robust stock market returns left investors disinclined to second guess boards.
12 minute read

Corporate Counsel

2024 GC Pay Report: The Full List, From No. 1 to No. 526

In a quirk that's unlikely to be repeated, one legal chief from Big Tech tops the rankings and another lands at the very bottom.
1 minute read

Corporate Counsel

Despite Progress, Pay Equity Remains Elusive in In-House Legal Departments

"The wage transparency laws being enacted in more states and the increased discussion around pay equity are putting female GCs and CLOs in a better position to negotiate for equal pay," said Heather Fine, co-author of the report and a partner on Major Lindsey's in-house recruiting team. "However, the 28% global disparity is still significant, and it remains a critical area that we need to address."
3 minute read

Corporate Counsel

Legal Chief Pay Fell in 2023 for First Time in More Than a Decade

"The need for high-quality legal talent certainly has not decreased. ... However, current rates of compensation do not necessarily reflect that need, creating an opportunity for those companies willing to recognize the value of premier legal talent," according to Major, Lindsey & Africa's 2024 Global In-House Compensation Survey.
4 minute read

Corporate Counsel

Hungry for Stability After Execs Exit, Papa John's Gives Legal Chief Big Retention Bonus

To receive the full award, Caroline Miller Oyler, who's been with the pizza giant for a quarter-century, has to stick around four more years, and the company's stock price has to substantially appreciate each of the next three years.
4 minute read

Corporate Counsel

More Aspiring GCs Finding Fulfillment in Wild and Woolly Realm of Private Equity

"You have a combination of doing the strategy and the management pieces, but also getting your hands dirty. And I really love that," said Sarah Tinsley, general counsel of Culture Amp.
8 minute read

Corporate Counsel

Paramount GC's Exit Was 'Involuntary,' Entitling Her to Millions in Severance

Now that Paramount is keeping its independence, the company's board is under pressure to chop expenses. Paramount is weighed down by more than $14 billion in debt and lost $500 million in the first quarter.
3 minute read

Corporate Counsel

Pay for Autodesk Legal Chief Jumped 37% in Latest Year

Ruth Ann Keene, who spent 11 years at the software maker before departing in 2016 for a legal chief post elsewhere, boomeranged back in 2022 when her old boss retired.
2 minute read

Corporate Counsel

Netflix Shareholders Give New Exec Pay Plan Thumb's Up After Panning Prior Version

"It is a positive step, but probably falls under the category of 'too little too late,'" former activist investor Rosanna Landis Weaver said.
4 minute read

Corporate Counsel

Drug Distributor McKesson's New CLO Earned $8.8 million—in First 3 Months

Michele Lau, who'd earlier spent 13 years with McKesson, returned to the company on Jan. 1 as executive vice president and chief legal officer.
2 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • 5 Proven Steps to Accelerate Business Growth in a Crowded Legal Market

    Brought to you by AllRize

    Download Now

  • 2024 Report: Digital Payments in Class Actions and Mass Torts + a Special Look at Industry Fraud

    Brought to you by Western Alliance Bank, Member FDIC.

    Download Now

  • Law Firm Office Space Perspective: Major U.S. Markets

    Brought to you by JLL

    Download Now

  • Expanding Your Practice Areas: How to Expand Offerings that Attract and Retain Clients

    Brought to you by Filevine

    Download Now