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ACC Global In-house Counsel Census 2018 Survey 1 www.acc.com/surveys compensation acc Report global Legal Operations Professionals
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Page 1: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

ACC Global In-house Counsel Census 2018 Survey 1

www.acc.com/surveys

compensation

acc

Report

global

Legal Operations Professionals

Page 2: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

1 ACC 2018 Global Compensation Report ©2018 ACC, All rights reserved.

TABLE OF CONTENTS

ACC 2018 GLOBAL COMPENSATION SURVEY

Published by the ACC Foundation.

TABLE OF CONTENTS

Introduction 2Project Overview and Methodology 3Definition of Terms 5Results by Job Title 7 Head of Legal Operations 8 Manager of Legal Operations 13

©2018 Association of Corporate Counsel. All rights reserved. For more information, go to www.acc.com/surveys.

This report and the information contained herein are copyrighted by the Association of Corporate Counsel (ACC). Purchase of this report does not transfer any owner-ship interest or copyright. Please contact the Copyright Clearance Center (www.copyright.com) to pay for additional rights. All additional requests for use must comply with ACC’s copyright policy located at https://www.acc.com/aboutacc/copyright.cfm. When using information from this report, the following language must appear:Reprinted with permission from the Association of Corporate Counsel 2018. All rights reserved.

Page 3: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

ACC 2018 Global Compensation Report 2www.acc.com/surveys

INTRODUCTION

1See Definition of Terms section for segment definitions.

Summer 2018The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations Professionals. For companies seeking to stay competitive in the marketplace and lawyers considering career moves, access to detailed compensation data is essential. This report provides insight on compensation trends from 134 heads of legal operations and managers of legal operations across 17 countries.

Specifically, the report includes data on base salaries, performance-based bonuses, total compensation, equi-ty-based pay, and retirement/pension plans across several important segments. These include organization tenure, in-house tenure, law degree year, legal practice area, industry, organization revenue, number of organization employees, number of department employees, number of lawyers, company ownership structure, global region, and gender.1

The report is organized so as to gain maximum benefit from the data. We first provide a methodological scope of the project. We then present definitions of the terminology used throughout the report, and we finally include full statistical distributions of base salary, bonuses, and total compensation across all segments.

Access to key data is essential to make the right decisions. When it comes to compensation, both in-house counsel and legal operations professionals will profit from the indispensable survey data shared by fellow corporate law-yers. We hope the ACC 2018 Global Compensation Report—Legal Operations Professionals proves useful for all of your compensation-related needs.

Online Interactive Compensation DashboardWe also offer a 12-month subscription to an online interactive dashboard that allows users to examine compensa-tion in more depth than what a static document offers. This tool allows users to select any of 15 different filters to focus on the precise combination of segments of interest. If you are looking to slice and dice the data to meet your specific needs and create unlimited custom benchmarking reports, this is the tool for you.

ACC Research www.acc.com/surveys

About ACCThe Association of Corporate Counsel (ACC) is a global bar association that promotes the common professional and business interests of in-house counsel who work for corporations, associations, and other private-sector organizations through information, education, network-ing opportunities, and advocacy initiatives. ACC’s research is accomplished through surveys, benchmarking, focus groups, and many other services. With over 43,000 members employed in over 10,000 organizations in 85 countries, we connect our members to one another and to the people and resources necessary for their personal and professional growth.

Page 4: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

3 ACC 2018 Global Compensation Report ©2018 ACC, All rights reserved.

PROJECT OVERVIEW & METHODOLOGY

Page 5: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

ACC 2018 Global Compensation Report 4www.acc.com/surveys

PROJECT OVERVIEW & METHODOLOGY

Project OverviewThis survey opened on March 9, 2018 and closed on May 15, 2018. A total of 5,353 lawyers and legal operations pro-fessionals participated with 5,026 respondents who completed the survey. Eighty-two percent of completed respons-es reported being ACC members (n=4,113). Among members, a total of 38,535 members were invited to complete the survey with a response rate of 10.6 percent. Additional invitations to participate were sent to ACC prospects, lapsed members, non-ACC members via additional purchased samples, and other email outreach campaigns.

Interpreting the DataDue to rounding, some table and chart percentage totals may not sum to 100. Tables may not reflect 100 percentage points where “Don’t know/not sure” is not shown. Further, some response categories were collapsed in the presen-tation of results to provide a clearer or more holistic summary of the data.

Additionally, some results presented by certain segments have relatively low sample sizes. When a sample size of less than five respondents occurred, we removed any results because the size is too small to generalize and draw conclusions for that segment.

Currency: Respondents were able to enter all financial information in their local currency. Our survey program automatically converted all foreign currency into US dollar amounts at the exchange rate set on the day the infor-mation was entered. All dollar amounts reported are expressed in US dollars (US $).

Statistical TerminologyMean: This is the average value of all relevant observations. The values of each observation are summed together and then divided by the total number of observations.

Median: This is middle value of all observations ordered from low to high (also called the 50th percentile). In a list of numbers from one to 11, the median value is six. In a list of numbers from one to 10, the median value is 5.5.

Percentile: This is a value that divides a population according to a distribution of observations. It allows us to know the percentage of observations that fall above or below a particular value. For example, if we find that the median number of lawyers in a department is three (50th percentile), we then know that 50 percent of departments have more than three lawyers and 50 percent have fewer than three lawyers.

Page 6: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

5 ACC 2018 Global Compensation Report ©2018 ACC, All rights reserved.

DEFINITION OF TERMS

Page 7: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

6 ACC 2018 Global Compensation Report ©2018 ACC, All rights reserved.

BASE SALARY

Base salary includes earnings prior to any adjustments in taxes, insurance premiums, retirement plan contributions, bonuses, or other benefits/compensation.

BONUS

Bonus specifically refers to performance-based cash bonuses, the criteria of which is established by one’s organization. This does not include one-time signing bonuses or special awards that are variable.

TOTAL COMPENSATION

Total Compensation includes the value of base salary, all options, awards, and bonuses.

STOCK OPTIONS

Stock Options are incentives in which a company gives employees the right to buy the company’s stock at a preset price for a defined number of years into the future.

STOCK (RESTRICTED SHARES)

Restricted shares give the employee the right to acquire shares of the company’s stock, by gift or purchase, once certain restrictions such as tenure or performance targets are met. These shares vest to an employee over time.

DEFINED BENEFIT PLAN

Defined benefit plans are retirement plans based on factors such as compensation and length of service at the time of retirement. You typically make no individual contribution to these plans.

DEFINED CONTRIBUTION PLAN

Defined contribution plans base your retirement benefits on the individual contributions that you make (e.g., “401(k)” plans in the US, “Registered Retirement Savings Plan (RRSP)” in Canada, “Su-perannuation” in Australia).

ORGANIZATION TENURE

Organization tenure refers to the length of time one has worked at one’s current organization.

IN-HOUSE TENURE

In-house tenure refers to the length of time one has worked as in-house counsel. We are specifically referring only to working in-house at an organization, not doing corporate work at a law firm.

LAW DEGREE YEAR

Law degree year refers to the year in which one received a first-level law degree. E.g., Juris Doctor (J.D.), Bachelor of Laws (LL.B.).

INDUSTRY

Industry refers to the industry sector in which an organization op-erates based on the Standard Industry Classification (SIC) scheme.

ORGANIZATION REVENUE

Organization revenue refers to an organization’s worldwide 2017 gross revenue.

LAW DEPARTMENT BUDGET

Law department budget refers to the total inside and outside spend budgeted annually. The budget was only asked of the heads of legal departments and the heads of legal operations.

ORGANIZATION EMPLOYEES

Organization employees refers to the total number of employees in an organization.

DEPARTMENT EMPLOYEES

Department employees refers to the total number of employees in a law department, including all locations.

DEPARTMENT LAWYERS

Department lawyers refers to the total number of lawyers in a law department, including all locations.

ORGANIZATION TYPE

Organization type refers to an organization’s ownership structure: public, private, state/government owned, or other.

DEFINITION OF TERMS

Page 8: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

7 ACC 2018 Global Compensation Report ©2018 ACC, All rights reserved.

RESULTS BY JOB TITLE

Page 9: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

ACC 2018 Global Compensation Report 8www.acc.com/surveys

Head of Legal OperationsSenior-level professional supporting the GC and/or CLO with strategic and operational management re-

sponsibility, including budgeting, systems administration, office operations, and law department staffing.

May also be responsible for performance measurement and benchmarking. Other titles for this position

include: Chief Operating/Operations Officer and Director of Legal Operations.

RESULTS BY JOB TITLE

Page 10: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

9 ACC 2018 Global Compensation Report ©2018 ACC, All rights reserved.

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Page 11: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

ACC 2018 Global Compensation Report 10www.acc.com/surveys

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RESULTS BY JOB TITLE

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Page 12: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

11 ACC 2018 Global Compensation Report ©2018 ACC, All rights reserved.

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RESULTS BY JOB TITLE

Page 13: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

ACC 2018 Global Compensation Report 12www.acc.com/surveys

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RESULTS BY JOB TITLE

Page 14: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

13 ACC 2018 Global Compensation Report ©2018 ACC, All rights reserved.

Manager of Legal OperationsProfessional responsible for a portion of legal operations, such as outside counsel and vendor manage-

ment, financial management, technology management or process improvement, often with direct reports

at the individual contributor level.

RESULTS BY JOB TITLE

Page 15: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

ACC 2018 Global Compensation Report 14www.acc.com/surveys

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RESULTS BY JOB TITLE

Page 16: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

15 ACC 2018 Global Compensation Report ©2018 ACC, All rights reserved.

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RESULTS BY JOB TITLE

Page 17: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

ACC 2018 Global Compensation Report 16www.acc.com/surveys

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RESULTS BY JOB TITLE

Page 18: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

17 ACC 2018 Global Compensation Report ©2018 ACC, All rights reserved.

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RESULTS BY JOB TITLE

Page 19: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

ACC 2018 Global Compensation Report 18www.acc.com/surveys

ACC 2018 GLOBAL COMPENSATION REPORT

Published by ACC, the world’s largest global community of in-house counsel.

This report and the information contained herein are copyrighted by the Association of Corporate Counsel (ACC). Purchase of this report does not transfer any ownership interest or copyright. Please contact the Copyright Clearance Center (www.copyright.com) to pay for additional rights. All additional requests for use must comply with

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Page 20: global compensation Report - Association of Corporate Counsel...The Association of Corporate Counsel (ACC) is pleased to present our 2018 Global Compensation Report—Legal Operations

ACC 2018 Global Compensation Report 19www.acc.com/surveys

©2018 Association of Corporate Counsel. All rights reserved. For more information, go to www.acc.com/surveys.

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