As the general counsel role at public companies continues to expand—from watchdog to a more pivotal strategy and risk management role, exacerbated by a pandemic—their compensation is steadily on the rise as well, according to the latest in-house counsel compensation report by Equilar and executive search firm BarkerGilmore.
The compensation report, which examined the 500 largest U.S.-headquartered companies (by reported revenue) that trade on one of the three major U.S. stock exchanges (Nasdaq, NYSE, or NYSE American), found median general counsel (GC) compensation increased by 12 percent since 2015, reaching $2.6 million in 2019.
