Canadian Lawyer

July 2014

The most widely read magazine for Canadian lawyers

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w w w . C A N A D I A N L a w y e r m a g . c o m J u l y 2 0 1 4 37 $159,000 198,000 224,000 266,000 196,000 242,000 169,000 222,000 tion on average. Perks such as professional development and health club memberships were offered at 71 per cent of respondent firms, but fewer than five per cent offered pen- sion plans to lawyers. IN-HouSe CouNSel Corporate legal departments foresee a similar year this year to last, with just over a third of respondents budgeting less than $500,000 for legal spend. A further 43 per cent have set aside between $500,000 and $2 million. Seventeen per cent of respondents went between $2 million and $5 million, with almost six per cent budgeting over $5 million. Senior in-house salaries went up over last year's survey, although they didn't do quite as well as the 11 per cent bump in wages for recently called lawyers. At the director level, the median pay of general counsel was up 10 per cent to $170,000 from $155,000, while at the executive level, a three- per-cent boost saw average remuneration go to $200,000 from $195,000. Overall, 74 per cent of respondents predicted another rise in 2015, while a similar proportion, 73 per cent, paid bonuses to lawyers last year. Of those, 63 per cent paid a percentage of salary, with most falling in the 10- to 25-per- cent range. However, at least one company in the resources industry offered lawyers the chance to double their pay with a 100 per cent bonus for hitting targets. GeoGraPHY aND MetHoDoloGY Of this year's 232 respondents, 70 per cent identified them- selves as regional, 24 per cent said they were national, and 16 per cent were global. The vast majority, 69 per cent, of law firms contained between one and nine lawyers, while a further 24 per cent had between 10 and 49, with the rest 50 or over. Just over a third of firms, 36 per cent, were full service. Sixty-two per cent of firms operate out of just one office, 24 per cent had between two and four offices, six per cent had between five and 10 offices, with eight per cent more than 10. Geographically, 50 per cent of respondents had a presence in Ontario. B.C. (34 per cent) and Alberta (28 per cent) were also well-represented. Quebec contained a base for 16 per cent of respondents, while 12 per cent had an office outside the country. Nine per cent of respondents have an office in Nova Scotia, with the rest scattered across the other provinces and territories. The numbers total more than 100 per cent because some respondents have offices in more than one location. The compensation figures in the tables represent base salaries before benefits and other perks, which were covered in other questions, and where respondents provided a range instead of a single number, the midpoints were included in the results. CANADA'S ANTI-SPAM LEGISLATION CASL - THE TOUGHEST LAW OF ITS KIND IN THE WORLD. IN FORCE JULY 1, 2014. ARE YOU READY? TO ORDER • PHONE: 1-877-298-5868 • E-MAIL: REGISTER@LEXPERT.CA • WEB: WWW.CPDCENTRE.CA/LEXPERT EXPERT INDUSTRY ADVICE D C S O VIEW WEBCAST ON DEMAND VIEW WEBCAST ON DEMAND ntitled-1 1 14-06-19 12:44 PM

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