Bloomberg Law
April 6, 2020, 9:46 AM

Pay Cuts Continue to Sweep Across America’s Top In-House Lawyers

Brian Baxter
Brian Baxter

More C-suite lawyers are getting their compensation reduced as a result of the new coronavirus spreading throughout the U.S.

Bloomberg Law recently reported on how corporate bottom lines adversely affected by the Covid-19 pandemic were causing cuts to pay packages that relied upon more robust economic times.

General counsel experiencing executive reductions during the first week of April included the Walt Disney Co.’s Alan Braverman, MGM Resorts International’s John McManus, and Simon Property Group Inc.’s Steven Fivel. All three top in-house lawyers earned a collective $20 million in total compensation during 2019, according to proxy statements filed by their respective ...

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

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.