McCormack Schreiber recently completed a salary survey for in-house counsel (primarily in the Chicago area). The data for the study was gathered from self-reported salary information given by attorneys, representing a variety of industries, practice areas, and seniority levels. Below is a summary of some of our findings.
- The strongest correlation we found was between years of experience and total compensation.
- Rankings of the law school attended by an attorney did not seem to have a direct effect on salary at these in-house positions.
- Consistent with other more widespread national salary statistics, we found a very strong inequality in the salaries of men versus women, even in those with equal or comparable levels of experience.
- Job titles did not have a particular impact on compensation in this study, as titles meant very different things in different companies in terms of seniority, responsibility, and salary
- As illustrated in the graph below, we saw an expansion of the standard deviation of salaries as years since graduation increased
To find out more about the results of our study, please contact us.
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