The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The survey by US legal consultants, Altman Weil, reveals that chief legal officers (heads of legal) received an average 13 per cent increase in salary and 18 per cent rise in total cash compensation (salary plus cash bonuses).
Deputy chief legal officers fared even better with an average 23 per cent increase in salary and 28 per cent rise in total cash compensation.
Managing attorneys - defined in the survey as those who usually head a team of specialist lawyers - received an average salary hike of five per cent with a corresponding total cash compensation increase of eight per cent.
Attorneys with less than 12 years of experience saw a ten per cent rise in both salary and total cash compensation, while levels for recent graduates and high level specialists remained the same.
The survey of 381 law departments found that for non-management attorneys with less than eight years experience, the chemical, pharmaceutical, health care and petroleum industries paid out the highest base salary