The conventional wisdom says that lawyers in private practice make more money than lawyers who work in-house, but that looks to be changing.
In 2015, the median compensation for general counsels rose 6.9 percent and exceeded $1 million, according to anew reportthat examined more than 1,400 lawyers’ compensation last year. It does not yet have data on 2016.
The 27-page report was conducted by the market research firm Equilar with commentary from the legal recruiting firm BarkerGilmore. It also found:
- At companies with less than $1 billion in revenue, median total direct compensation for GCs was $725,021.
- At companies with ...
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