Corporate Legal Departments Trim Salaries Amid Pandemic

Oct. 8, 2020, 10:13 PM UTC

Early indications are that companies are cutting legal department salaries and not offering more compensation for additional hours worked as they adjust to the demands of Covid-19, a new study shows.

The 2020 Law Department Compensation Policies & Practices Report found some companies also froze salaries or expected additional work for the same pay, and few rewarded employees with spot bonuses for extra work required by the pandemic.

The survey by the Association of Corporate Counsel with consulting firm Empsight International was conducted in June and July with more than 600 organizations responding generally, but not to every question.

Few ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.