Our recent webinar showcased an expert panel discussing how growth in responsibilities and influence impacts recruitment and pay for top legal talent, based on findings from the new Equilar and BarkerGilmore report, General Counsel Pay Trends. Click here to access the WEBINAR RECORDING, and to review the REPORT.
General Counsel pay continues to rise at an accelerated rate, keeping pace with the increased expectations that the CEO and Board place upon them. It wasn’t long ago that a $1M compensation package seemed like a lot of money for a General Counsel, yet today’s total compensation can be more than ten times that.READ FULL ARTICLE
As the corporate legal landscape becomes increasingly complex, the role of in-house legal counsel is more important than ever. But finding the best legal talent can prove a daunting challenge. Most organizations don't have the time, resources, or expertise to conduct a thorough search themselves. Too often, they end up selecting from a pool of unqualified candidates for this vital position.READ FULL ARTICLE
Like other executives, General Counsel are tasked with identifying and developing their successor. While hiring a new General Counsel from the outside can be costly, considering expenses like executive search fees, buying out unvested equity and unpaid bonuses, and relocation, the benefits of promoting an internal candidate to General Counsel are significant. Moreover, there is always a chance that an outside hire will not align with the leadership team or integrate well into the corporate culture. But, if properly mentored, the internal successor should already have a deep understanding of the business, sound relationships intact with the leadership team and Board, and alignment with company culture.READ FULL ARTICLE
The results of a recent global survey of more than 1,700 companies published in the Harvard Business Review showed that diversity has a favorable impact on financial performance. This data is further fodder for the discussion of the necessity of diversity in our workforces.READ FULL ARTICLE
Now more than ever, compliance leaders across all industries are expanding their role from that of a watchdog and enforcer to a strategic advisor with direct support from the Board and C-Suite. The compliance function is not only viewed as an operational necessity for most organizations, but as a strategic entity tasked with building relationships with both key industry regulators and internal stakeholders in every department.READ FULL ARTICLE