The recession has battered markets — and jobs — over the past couple of years. According to Corporate Counsel 's 2010 GC Compensation Survey, publicly traded companies saw their profitability hammered, and compensation tanked even for the top lawyers at major corporations. Big chunks of take-home pay — particularly those bonuses — took a beating. Discretionary bonuses dropped nearly 40 percent.   more >>

What does it take to make it in-house? Candidates who succeed are not only excellent lawyers; they are savvy strategists who know how to market themselves successfully. Here are some tips to help you put your best foot forward and land that in-house position:   more >>

InsideCounsel explores the impact Gen Y attorneys are having on legal departments and law firms—the contributions, the quarrels and ultimately the understanding that must be reached as multiple and vastly different generations join each other in the workplace.  more >>

In the last two decades, in-house counsels have evolved from acting as legal administrators to acting as both legal counsel and strategic business partners. As a result, the number of lawyers pursuing dual degrees or business degrees after earning their J.D.’s has increased. However, many wonder how to use that degree to open doors that were closed, or how to use it to gain access to positions that seemed out of reach. While earning an M.B.A. is a great accomplishment, the degree alone will not cure all of your professional concerns. Here are some basic steps that will help you leverage your M.B.A. degree.  more >>

It’s safe to say that few in the legal profession were sorry to see 2009 end. This was a year that was marked by one of the worst recessions in recent history, also dubbed the “Great Recession.” Now that the dust has settled, everyone is anxiously awaiting to see what 2010 will bring. Most analysts and experts seem to agree that the worst is over. Yet, the economy has been left devastated, and the recovery promises to be a long one.  more >>

As we are nearing the end of 2009, one of the toughest economic times of our generation, one would hope to see lessons learned on the eve of a new year. One thing remains clear: greed is far from dead. It is alive and kicking. So who will be squeezed as we enter 2010?  more >>

In 2009, we have seen salary cuts for associates at large law firms, where the $145-$160K starting salaries are no longer the norm. What about the salaries and bonuses of Chief Legal Officers and other in-house counsels at large companies?  more >>