Major Lindsey & Africa
In 2014, partners received an average compensation of $716,000. That figure is up 5 percent from 2012, when partners received an average compensation of $681,000.
General counsel working in the extractive/chemical/mining, food and beverages, pharmaceuticals and medical devices industries are the highest paid among their peers, according to a study by legal search firm Major Lindsey & Africa (MLA) and law department benchmarking company General Counsel Metrics (GC Metrics).
As the business community becomes increasingly internationally driven, more and more legal departments are looking to grow their teams in other countries.