{"id":96382,"date":"2020-12-16T19:00:00","date_gmt":"2020-12-16T19:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=27799372779937"},"modified":"2020-12-16T19:00:00","modified_gmt":"2020-12-16T19:00:00","slug":"alm-intelligence-releases-2020-law-department-compensation-benchmarking-survey","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/12\/16\/alm-intelligence-releases-2020-law-department-compensation-benchmarking-survey\/","title":{"rendered":"ALM Intelligence Releases 2020 Law Department Compensation Benchmarking Survey"},"content":{"rendered":"<p><a href=\"https:\/\/icrowdnewswire.com\/2020\/12\/16\/alm-intelligence-releases-2020-law-department-compensation-benchmarking-survey\/#\" class=\"icrowd_post_img\"> <!--<img decoding=\"async\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/08\/1079-alm-intelligence.png\" alt=\"ALM Intelligence Releases 2020 Law Department Compensation Benchmarking Survey\">--> <img decoding=\"async\" width=\"128\" height=\"15\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/08\/1079-alm-intelligence.png\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"ALM Intelligence Rel\" loading=\"lazy\"> <\/a> <\/p>\n<p><strong>iCrowdNewswire <\/strong><span class=\"date\">&nbsp;&nbsp;Dec 16, 2020&nbsp;&nbsp;9:00 AM ET<\/span><\/p>\n<p><em><span>The Law Department Compensation Benchmarking Survey is the most comprehensive analytical resource for reviewing and setting law department compensation<\/span><\/em><\/p>\n<p><strong>New York, NY \u2013 December 16, 2020<\/strong><span> \u2013 ALM Intelligence has just released the 2020 <\/span><em><span>Law Department Compensation Benchmarking Survey<\/span><\/em><em><span>. <\/span><\/em><span>&nbsp;The 2020 edition of the survey shows <\/span><span>how America\u2019s top corporations compensate their in-house legal staff by giving insights into compensation packages\u2014including salary, bonus, and total cash and stock options\u2014across nine positions and numerous regions, department sizes, and industries.&nbsp;<\/span><\/p>\n<p><span>This year\u2019s survey was conducted from March to September 2020 and included data from over 1,900 US lawyers.&nbsp;&nbsp;&nbsp;<\/span><\/p>\n<p><span>\u201cThe annual Law Department Compensation Benchmarking Survey provides law departments with relevant data and a meaningful benchmark to evaluate the equity and competitiveness of their department\u2019s compensation structure,\u201d said <\/span><strong>Michelle Matroni, Research Manager, ALM Intelligence<\/strong><span>.<\/span><\/p>\n<p><span>Highlights from this year\u2019s survey include:<\/span><\/p>\n<ul>\n<li><span>Like 2019 results, individual merit and company performance stand out as the main factors used in the annual formal performance evaluation process to determine lawyers\u2019 salary\/bonus compensation components<\/span><\/li>\n<li><span>At $385K, the national average salary among chiefs is on par with 2019 findings<\/span><\/li>\n<li><span>Total compensation for division counsel is highest in law departments with over 50 lawyers<\/span><\/li>\n<li><span>The number of years in the position has little impact on the average salary for non-management attorneys<\/span><\/li>\n<li><span>Total compensation for recent graduates increased vs. last year<\/span><\/li>\n<\/ul>\n<p><span>\u201cThis is critical intelligence for law firms\u201d, said <\/span><strong>Patrick Fuller, Vice President of ALM Intelligence<\/strong><span>. \u201cThere is a significant disconnect and growing compensation gap between large law firms and their in-house counterparts, and that has been exacerbated during this past year\u201d.&nbsp;<\/span><\/p>\n<p><span>For more information or to obtain the full version of the survey, visit: <a href=\"http:\/\/at.alm.com\/LDCB2020Survey\">http:\/\/at.alm.com\/LDCB2020Survey<\/a>.<\/span><\/p>\n<p><span>Legal Compass subscribers can download the full results by logging in to <\/span><a href=\"https:\/\/legalcompass.intelligence.alm.com\/#\/home\"><span>Legal Compass here<\/span><\/a><span>.<\/span><\/p>\n<p><strong>About ALM Intelligence<\/strong><\/p>\n<p><span>ALM Intelligence provides proprietary data, analysis, tools, and knowledge that empower our clients to succeed. The product suite and vast data repository arm professionals with the critical business information required to make the most impactful and informed decisions possible. The exhaustive data repository and product functionality enable professionals to combat competitive challenges head-on with the confidence to remain ahead of the field. The depth of ALM Intelligence\u2019s expertise across the benefits, insurance, consulting, and legal industries provide a broad spectrum of actionable intelligence to facilitate and execute strategy. Visit <a href=\"http:\/\/www.alm.com\/intelligence\">www.alm.com\/intelligence<\/a> for more information.<\/span><\/p>\n<p><strong>About ALM<\/strong><\/p>\n<p><span>ALM, an information and intelligence company, provides customers with critical news, data, analysis, marketing solutions, and events to successfully manage the business of law. ALM serves a community of over 6 million business professionals seeking to discover, connect, and compete in highly complex industries. Please visit <\/span><a href=\"https:\/\/www.alm.com\/\"><span>www.alm.com<\/span><\/a><span> for more information, and visit <\/span><a href=\"https:\/\/www.alm.com\/events\/\"><span>www.alm.com\/events\/<\/span><\/a><span> to learn about our upcoming events. Please follow us on Twitter at <\/span><a href=\"https:\/\/twitter.com\/almmedia?lang=en\"><span>@ALMMedia<\/span><\/a><span>.<\/span><\/p>\n<div id=\"related_posts_wrap\">\n<h4>Also Read:<\/h4>\n<\/p>\n<\/div>\n<p><h3> Contact Information: <\/h3>\n<\/p>\n<p>Eliza Sawyer<br \/>esawyer@alm.com <\/p>\n<hr>\n<div class=\"viacrowd viaimg\"> <a href=\"https:\/\/icrowdnewswire.com\"><img decoding=\"async\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/themes\/icrowdnewswire\/images\/post_via_image.png\" alt=\"iCrowdNewswire\"><\/a> <\/div>\n<p> <!-- Now display keyword(tags) if any, and Categories combined --> <\/p>\n<p><span id=\"keywords_post_single\"> <strong> Keywords:<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;Law Department Compensation, Legal Department, Legal Department Compensation, Law Department, in-house legal, in-house compensation, Legal Compass, Compensation<\/span><\/p>\n<p> <!--<\/p>\n\n\n\n\n\n\n\n<p>\n\n\n\n<div class=\"btn btn-primary\"> <a href=\"\" target=\"_blank\" id=\"related_posts_url\" rel=\"noopener noreferrer\">View Related Posts<\/a> <\/div>\n\n\n\n--> <\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/alm-intelligence-releases-2020-law-department-compensation-benchmarking-survey\/\">ALM Intelligence Releases 2020 Law Department Compensation Benchmarking Survey<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\">Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>iCrowdNewswire &nbsp;&nbsp;Dec 16, 2020&nbsp;&nbsp;9:00 AM ET The Law Department Compensation Benchmarking Survey is the most comprehensive analytical resource for reviewing and setting law department compensation New York, NY &ndash; December 16, 2020 &ndash; ALM Intelligence has just released the 2020 Law Department Compensation Benchmarking Survey. &nbsp;The 2020 edition of the survey shows how America&rsquo;s top [&hellip;]<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/alm-intelligence-releases-2020-law-department-compensation-benchmarking-survey\/\">ALM Intelligence Releases 2020 Law Department Compensation Benchmarking Survey<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/\">Financial Market Brief<\/a>.<\/p>\n<p> <a href=\"https:\/\/ipsnews.net\/business\/2020\/12\/16\/alm-intelligence-releases-2020-law-department-compensation-benchmarking-survey\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":249,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144,23],"tags":[],"class_list":["post-96382","post","type-post","status-publish","format-standard","hentry","category-legal","category-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ALM Intelligence Releases 2020 Law Department Compensation Benchmarking Survey - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/12\/16\/alm-intelligence-releases-2020-law-department-compensation-benchmarking-survey\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ALM Intelligence Releases 2020 Law Department Compensation Benchmarking Survey - Business\" \/>\n<meta property=\"og:description\" content=\"iCrowdNewswire &nbsp;&nbsp;Dec 16, 2020&nbsp;&nbsp;9:00 AM ET The Law Department Compensation Benchmarking Survey is the most comprehensive analytical resource for reviewing and setting law department compensation New York, NY &ndash; December 16, 2020 &ndash; ALM Intelligence has just released the 2020 Law Department Compensation Benchmarking Survey. &nbsp;The 2020 edition of the survey shows how America&rsquo;s top [&hellip;] The post ALM Intelligence Releases 2020 Law Department Compensation Benchmarking Survey appeared first on Financial Market Brief. 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