GC Compensation: Not Bad, Considering

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Published in The AM Law Daily July 20, 2009 by Amy Miller

Over the last decade, general counsel of the nation’s largest corporations have gotten rich from stock grants and options. Not last year. For the first time since the dot-com recession, those awards dropped. In fact, the average stock award plunged 18 percent. But GCs still managed to eke out modest raises in 2008, even as the economy plunged into its worst downturn since the Great Depression.

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