Bloomberg Law
Aug. 31, 2015, 9:53 PM UTC

Surveys Find Mixed Demand, Moderate Pay for Corporate Counsel

Bloomberg Law - Staff Reports

By Laime Vaitkus, Reporter at Bloomberg BNA

While pay rose by around 3 percent for corporate counsel, which is similar to the national average for all positions, companies are seeking to fill more of these positions, particularly in certain practice areas, according to several surveys.

The in-house job market has been growing, largely fueled by corporate law departments’ desire to bring more legal projects in-house, according to Veta T. Richardson, president and CEO, Association of Corporate Counsel, a professional organization.

Increasing hiring and relying on in-house legal staff was the second most common answer nearly 1,300 chief legal officers (CLOs) provided ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.