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Depending on the geographical location, the starting salary may be closer to US$160,000 per year if the market is secondary. [8] Attorneys employed at smaller firms tend to earn smaller salaries. Several factors can influence salary trends in the legal industry, [ 9 ] including economic conditions, changes in legal regulations, and advancements ...
A general counsel, also known as chief counsel or chief legal officer (CLO), is the chief in-house lawyer for a company or a governmental department.. In a company, the person holding the position typically reports directly to the CEO, and their duties involve overseeing and identifying the legal issues in all departments and their interrelation, including engineering, design, marketing, sales ...
Founded in 1991, [1] [3] InsideCounsel has since been targeting top in-house legal professionals. It was formerly named Corporate Legal Times. [1]The magazine's coverage includes benchmarking surveys, examinations of substantive legal issues, regional news, and a variety of columns and departments covering areas such as litigation, corporate governance, labor, and intellectual property.
In 1909, two attorneys, Stuart G. Shepard and Robert R. McCormick, formed the Chicago-based partnership that would eventually become Kirkland & Ellis. McCormick was the grandson of Joseph Medill, who had founded the Chicago Tribune. McCormick became president of the Tribune Company in 1914 and, in 1925, sole publisher of the Tribune. [9]
Katten's attorneys and practices have been ranked in the BTI Litigation Outlook, Chambers Global, Chambers USA, Chambers UK, The Legal 500 United States, The Legal 500 United Kingdom and US News – Best Lawyers “Best Law Firms.” [6] 2018 as a top-tier Honor Roll firm in the areas of IP Litigation, Class Actions, Securities and Finance Litigation, and Complex Employment Litigation. [7]
The Association of Corporate Counsel (ACC), founded as the American Corporate Counsel Association (ACCA) in 1983, is a professional association serving the business interests of attorneys who practice in the legal departments of corporations, associations and other private-sector organizations around the world. ACC states that it has more than ...
The traditional salary model for law firm associates is lockstep compensation, in which associate salaries go up by a fixed amount each year from the associate's law school graduation. However, many firms have switched to a level-based compensation system, in which associates are divided into three (or sometimes four) levels based on skills ...
Mayer Brown is a signatory to the Pro Bono Institute's Law Firm Pro Bono Challenge, which commits the firm to devote 3 percent of total billable time to pro bono work [18] and a member of the UK Joint Protocol on Pro Bono Work, which stipulates that pro bono legal work must be carried out to the same standard as chargeable work.