Payday Bonus

To read the full story on in-house compensation from InsideCounsel's March issue, click here.

Average total cash compensation for CLOs/GCs in the following core based statistical areas*:

Atlanta/Sandy Springs/Marietta, Ga.: $444,800

Boston/Cambridge/Quincy, Mass./N.H.: $453,800

Chicago/Naperville/Joliet, Ill.-Ind.-Wis.: $574,200

Houston/Sugar Land/Baytown, Texas: $652,600

Minneapolis/St. Paul/Bloomington, Minn.-Wis.: $666,900

New York/Northern NJ/Long Island, N.Y.-N.J.-Pa.: $481,100

Philadelphia/Camden/Wilmington, Pa.-N.J.-Del.-Md.: $620,800

San Francisco/Oakland/Fremont, Calif.: $590,700

Washington, DC/Arlington/Alexandria/Rockville, Va.-Md.-W.V.: $558,300

*Areas as defined by the U.S. Office of Management and Budget
Source: Altman Weil


Median total cash compensation for CLOs/GCs by department size:

2 to 5 Lawyers: $300,000
6 to 10 Lawyers: $396,100
11 to 25 Lawyers: $507,500
More than 25 Lawyers: $645,000

Source: Altman Weil


Median total cash compensation for CLOs/GCs by years in position:

1 Year or Less: $439,200
2 through 5 Years: $367,700
6 through 10 Years: $417,000
11 through 15 Years: $384,700
16 through 20 Years: $384,100
More than 20 Years: $537,900

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