The basic salaries of Europe’s in-house lawyers jumped on average by a moderate 4 per cent in 2004, according to a recent survey.
The 2004 Guide to In-house Counsel Salaries, by international recruitment consultants Laurence Simons, shows that senior in-housers in the UK with 10 years’ experience can now expect to earn base salaries as high as £99,000, compared with £83,000 last year.
The UK is the best-paying European market, where general counsel in large organisations (with over 31 lawyers and turnovers in excess of e11bn (£7.35bn)) can earn in excess of £170,000.
Again the lowest-paid lawyers on the Continent are in Spain (except at the most junior levels, where Russia takes bottom place). Spanish junior counsel earn an average of e36,000 (£25,000) and senior counsel e83,000 (£55,500).