For some, getting more responsibility means more money to their bottom-line. Not the case for all in-house counsel, unfortunately.
“The changing role of top legal officers is leading to increases in compensation with many earning over one million dollars. A wider role sees them enjoying pay and equity rewards in line with other C-suite executives. A report from Equilar, ‘General Counsel Pay Trends’, analysed the levels of pay at a range of companies and the increasing allocation of stock to top company executives and found that new responsibilities were providing opportunities for increased rewards.”
Read: General counsel reap pay rewards for enhanced role at GlobalLegalPost