2011 SALARY SURVEY CONDUCTED BY: GIBSON ARNOLD & ASSOCIATES
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1 20 SALARY SURVEY CONDUCTED BY: GIBSON ARNOLD & ASSOCIATES
2 20 ACC IN HOUSE SALARY SURVEY: TABLE OF CONTENTS Overview Page 2 Industry Sectors Page 3 Estimate Revenue Page 4 Full Time Employees and Attorneys Page 4 Hours Worked Per Week Page 5 Weeks of Paid Time Off Page 5 Years Practicing Law Page6 Years Practicing In-House Page 6 Years With Current Employer Page 7 Base Salary Page 5 Cash Bonus Page 9 Equity Page Value of Other Compensation Realized Page 3 Other Types of Compensation Page 5 Change in Compensation from 200 Page 7 Largest Effect on Change in Compensation Page 9
3 20 ACC IN HOUSE SALARY SURVEY: OVERVIEW Objective: Empower Colorado ACC members with specific data on compensation for their region. Obtain data on in-house compensation for Colorado in-house attorneys. Extract compensation averages based on Job Title. Define average cash bonus increase or decrease as it relates to changes in compensation. How Survey was conducted: The survey was conducted from December 2-January 3. It was advertised though , the ACC website, and announcements made at meetings during that time period. Responses: 23 subjects responded to the survey. After data clean-up, 25 were removed for failing to complete the survey. The final sample consisted of 98 subjects, from which the following results were found. Question Pool: The following questions were removed from the final analyses due to the severe lack of responses and are therefore not included in this report. Question 5: What percentage did your cash bonus increase? Question 6: What percentage did your cash bonus decrease? Demographics: Total Respondents: 98 o 95% ACC members Place of work: o 52% publicly held o 44% privately held o 4% quasi-government or industrial Job Title: o 36.5% General Counsel/Chief Legal Officer o 20% Assistant General Counsel/Associate General Counsel/Division Counsel o 20.9% Senior Counsel/Senior Corporate Counsel o 8.3% Corporate Counsel/Attorney o 4.3% Other (Deputy General Counsel, Chief Compliance Officer, Contractor Counsel, Managing Counsel, Director of Compliance) 2
4 20 ACC IN HOUSE SALARY SURVEY: INDUSTRY SECTORS Other: Aerospace and Defense, BPO Services, Chemicals, Communication/Data, Construction, Consulting and Outsourcing, Education, Engineering and Construction, Engineering Consulting, Food Manufacturing, Marketing and Sales, Healthcare, Hospitality, IT Services, Management Services, Medical Device, Mining, Pharmaceutical, Professional Services, Retail, Services, Software and TPA services Benefits, Special Event Management, Telecommunications, TPA 3
5 20 ACC IN HOUSE SALARY SURVEY: ESTIMATED REVENUE 20 ACC IN HOUSE SALARY SURVEY: FULL TIME EMPLOYEES AND ATTORNEYS Full Time Employees Full Time Attorneys 4
6 20 ACC IN HOUSE SALARY SURVEY: HOURS WORKED PER WEEK Less than Over 6 0.0% 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 35.0% 20 ACC IN HOUSE SALARY SURVEY: WEEKS OF PAID TIME OFF More than 6 0.0% 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 35.0% 5
7 20 ACC IN HOUSE SALARY SURVEY: YEARS PRACTICING LAW Less than Over % 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 20 ACC IN HOUSE SALARY SURVEY: YEARS PRACTICING IN-HOUSE Less than Over % 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 35.0% 20 ACC IN HOUSE SALARY SURVEY: YEARS WITH CURRENT EMPLOYER Less than Over % 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 35.0% 40.0% 6
8 20 ACC IN HOUSE SALARY SURVEY: BASE SALARY *Excluding cash bonus, equity and other compensation Below $59,999 $60,000-$79,999 $80,000-$99,999 $00,000-$9,999 $20,000-$39,999 $40,000-$59,999 $60,000-$79,999 $80,000-$99,999 $200,000-$249,999 $250,000-$299,999 Over $300,000 All Respondents 0.0% 5.0% 0.0% 5.0% 20.0% 25.0% General Counsel Below $59,999 $80,000-$99,999 $20,000-$39,999 $60,000-$79,999 $200,000-$249,999 Over $300, % 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 7
9 Assistant General Counsel Below $59,999 $60,000-$79,999 $80,000-$99,999 $00,000-$9,999 $20,000-$39,999 $40,000-$59,999 $60,000-$79,999 $80,000-$99,999 $200,000-$249,999 $250,000-$299,999 Over $300,000 Below $59,999 $60,000-$79,999 $80,000-$99,999 $00,000-$9,999 $20,000-$39,999 $40,000-$59,999 $60,000-$79,999 $80,000-$99,999 $200,000-$249,999 $250,000-$299,999 Over $300, % 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 35.0% Senior Counsel 0.0% 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 35.0% Corporate Counsel Below $59,999 $60,000-$79,999 $80,000-$99,999 $00,000-$9,999 $20,000-$39,999 $40,000-$59,999 $60,000-$79,999 $80,000-$99,999 $200,000-$249,999 $250,000-$299,999 Over $300, % 5.0% 0.0% 5.0% 20.0% 25.0% 8
10 20 ACC IN HOUSE SALARY SURVEY: CASH BONUS No Bonus Below $4,999 $0,000-$9,999 $20,000-$24,999 $00,000-$49,999 Above $200,000 All Respondents 0.0% 5.0% 0.0% 5.0% 20.0% 25.0% General Counsel No Bonus $20,000-$24,999 $00,000-$49,999 Above $200, % 5.0% 0.0% 5.0% 20.0% 25.0% Assistant General Counsel No Bonus Below $4,999 $0,000-$9,999 $20,000-$24,999 $00,000-$49,999 Above $200, % 5.0% 0.0% 5.0% 20.0% 25.0% 9
11 Senior Counsel No Bonus Below $4,999 $0,000-$9,999 $20,000-$24,999 $00,000-$49,999 Above $200, % 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% No Bonus Below $4,999 $0,000-$9,999 $20,000-$24,999 $00,000-$49,999 Above $200,000 Corporate Counsel 0.0% 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 35.0% 20 ACC IN HOUSE SALARY SURVEY: EQUITY All Respondents No equity Below $999 $,000-$4,999 $0,000-$24,999 $00,000-$49,999 $200,000-$249,999 Above $250, % 0.0% 20.0% 30.0% 40.0% 50.0% 0
12 General Counsel Below $999 Above $250, % 0.0% 20.0% 30.0% 40.0% 50.0% Assistant General Counsel Below $999 Above $250, % 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 35.0% 40.0% Senior Counsel Below $999 Above $250, % 0.0% 20.0% 30.0% 40.0% 50.0%
13 Corporate Counsel No equity Below $999 $,000-$4,999 $0,000-$24,999 $00,000-$49,999 $200,000-$249,999 Above $250, % 0.0% 20.0% 30.0% 40.0% 50.0% 20 ACC IN HOUSE SALARY SURVEY: VALUE OF OTHER COMPENSATION REALIZED Below $499 $500-$999 $,000-$4,999 $0,000-$24,999 $00,000-$49,999 Above $200,000 All Respondents 0.0% 0.0% 20.0% 30.0% 40.0% 50.0% 2
14 General Counsel Below $499 $500-$999 $,000-$4,999 $0,000-$24,999 $00,000-$49,999 Above $200, % 5.0% 0.0% 5.0% 20.0% 25.0% 30.0% 35.0% 40.0% Below $499 $500-$999 $,000-$4,999 $0,000-$24,999 $00,000-$49,999 Above $200,000 Assistant General Counsel 0.0% 0.0% 20.0% 30.0% 40.0% 50.0% Senior Counsel Below $499 $500-$999 $,000-$4,999 $0,000-$24,999 $00,000-$49,999 Above $200, % 0.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 3
15 Corporate Counsel Below $499 $500-$999 $,000-$4,999 $0,000-$24,999 $00,000-$49,999 Above $200, % 5.0% 0.0% 5.0% 20.0% 25.0% 20 ACC IN HOUSE SALARY SURVEY: OTHER TYPES OF COMPENSATION All Respondents Other (please specify) Travel insurance Travel benefits Pension Health dental insurance Gas allowance Free parking Bar membership/ CLE Expenses 40K Matching 0.0% 20.0% 40.0% 60.0% 80.0% 00.0% 20.0% General Counsel Other Travel insurance Travel benefits Pension Health dental insurance Gas allowance Free parking Bar membership/ CLE Expenses 40K Matching 0.0% 20.0% 40.0% 60.0% 80.0% 00.0% 4
16 Assistant General Counsel Other Travel insurance Travel benefits Pension Health dental insurance Gas allowance Free parking Bar membership/ CLE Expenses 40K Matching 0.0% 20.0% 40.0% 60.0% 80.0% 00.0% 20.0% Senior Counsel Other Travel insurance Travel benefits Pension Health dental insurance Gas allowance Free parking Bar membership/ CLE Expenses 40K Matching 0.0% 20.0% 40.0% 60.0% 80.0% 00.0% 20.0% Corporate Counsel Other Travel insurance Travel benefits Pension Health dental insurance Gas allowance Free parking Bar membership/ CLE Expenses 40K Matching 0.0% 20.0% 40.0% 60.0% 80.0% 00.0% 5
17 20 ACC IN HOUSE SALARY SURVEY: CHANGE IN COMPENSATION FROM 200 All Respondents Decrease No change Increase 0.0% 0.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% General Counsel Decrease No change Increase 0.0% 0.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 6
18 Assistant General Counsel Decrease No change Increase 0.0% 0.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% Senior Counsel Decrease No change Increase 0.0% 0.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% Corporate Counsel Decrease No change Increase 0.0% 20.0% 40.0% 60.0% 80.0% 00.0% 7
19 20 ACC IN HOUSE SALARY SURVEY: LARGEST EFFECT ON CHANGE IN COMPENSATION All Respondents Other (please specify) Position change/ Restructuring Cash bonus percentage decrease Pay cut/ Salary reduction Promotion Cash bonus percentage increase Raise in base salary 0.0% 0.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% General Counsel Other (please specify) Position change/ Restructuring Cash bonus percentage decrease Pay cut/ Salary reduction Promotion Cash bonus percentage increase Raise in base salary 0.0% 0.0% 20.0% 30.0% 40.0% 50.0% 60.0% 8
20 Assistant General Counsel Other (please specify) Position change/ Restructuring Cash bonus percentage decrease Pay cut/ Salary reduction Promotion Cash bonus percentage increase Raise in base salary 0.0% 20.0% 40.0% 60.0% 80.0% 00.0% Senior Counsel Other (please specify) Position change/ Restructuring Cash bonus percentage decrease Pay cut/ Salary reduction Promotion Cash bonus percentage increase Raise in base salary 0.0% 20.0% 40.0% 60.0% 80.0% 00.0% Corporate Counsel Other (please specify) Position change/ Restructuring Cash bonus percentage decrease Pay cut/ Salary reduction Promotion Cash bonus percentage increase Raise in base salary 0.0% 0.0% 20.0% 30.0% 40.0% 50.0% 60.0% 9
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