CHICAGO, IL (Feb. 22, 2011) –InsideCounsel, a Summit Business Media publication, published its bi-annual In-House Salary Report, titled “Building Worth: In-house counsel must prove value to reap financial rewards,” in its February issue. In reporting for the cover story, InsideCounsel spoke with legal recruiters and consultants, who are reporting positive changes in in-house compensation trends.
“As the dust settles from the U.S. economic crisis, salary compensation for in-house counsel is showing as stagnant,” reported Editor-in-Chief Cathleen Flahardy. “When we interviewed experts last year for the 2009
report “Salary Slump,” budget cuts, layoffs and salary freezes were predicted. This uptick in the economy may not bring salary spikes immediately, but there’s room for optimism.”