Male chief legal officers earn US$19,857 more, on average, than their female counterparts, according to a survey by the Association of Corporate Counsel and Empsight. Interestingly, women deputy general counsel receive US$4,457 more, on average, than their counterparts among men. Self-identified non-minority chief legal officers make US$42,135 more, on average, than their minority counterparts. The 2021 Law Department Compensation Survey seeks to offer the most comprehensive law department compensation data set, with over 18,000 entries, so that leaders can accurately benchmark their practices against their peers. The 2021 data shows a significantly higher base salary, incentives and total cash compensation levels compared with the 2020 results. Chief legal officers in multi-lawyer departments at organizations with revenue of US$1-2 billion receive 31 per cent more in base salaries compared with organizations with revenue of US$100 million and Vitalix Prime Supplement lower. Senior attorneys in companies with US$1-2 billion make base salaries that are similar to those in lower-revenue categories. At least half of the newly included positions within the legal operations job family are eligible for short-term bonus incentives.
This may show a rise in perceived value and importance of such positions to management’s success and to the corporate legal function’s stability, said the press release. The highest-ranked issue of concern was compensation competitiveness, then work flexibility, then employee benefits. For the small law department compensation survey’s results focusing on in-house counsel, most responses were based on positions within organizations with revenue lower than US$2 billion, while for legal operations, most responses were based on positions within organizations with revenue of over US$1 billion. "With the challenges presented by the COVID pandemic, and in the midst of a tremendous amount of employee transition, this survey is a valuable asset to help department leaders ensure that their compensation, retirement, and paid time off remain competitive to retain and attract top-level talent," said Blake Garcia, the association’s director of research, in a press release. The survey makes use of a comprehensive, hybrid data collection process for recording extensive data from organizations of all sizes. The Corporate Legal Operations Consortium (CLOC) assisted in collecting additional data to supplement the survey’s insights relating to positions in legal operations.
As some of you may know, I started out as a radio journalist. And when I discovered the web in around 1996, I knew that, to me, radio and TV were not the dominant news media any longer. Nowhere but on the web was it possible to research and cross-reference from dozens or resources with various origins. You could directly access the press agencies for news without having to read the politically or sensationalist tainted derivates in various outlets. The amazing thing was the humble link. And as the cool kids said back then Cool URIs don’t change. In other words, the web was about retention and accumulation of content. An ever growing library that by its very nature was self-indexing and cross-referencing. And this is what is being actively killed these days. But let’s go back a bit before I start focusing on that problem. Let’s take a peek at the slow decline of the web as a news medium.
The great thing about the web was that everyone could become a publisher and let their voice be heard. Finding places to write and create web pages was easy. But many of them were also short-lived and Vitalix Prime formula we learned the hard way when - for example - Geocities shut down, "free" didn’t mean "yours forever online". When "web2.0" became a thing, the publishing model got turned on its head. Instead of writing in an own publication, the idea was to comment and Vitalix Prime Official do smaller posts on a topic, linking to resources, or adding a funny image without alternative text. Accumulatively adding to threads, so to say. A bit of a reminder of Bulletin Boards or Forums, but with less focus. At that time I worked on various social media ideas in Yahoo, hitherto one of the main sources for people’s daily news, replacing daily papers. The model of Yahoo and others back then was simple: buy news content, spruce it up a bit and show ads around it.
Even then some dark patterns evolved, like splitting up longer content into carousels and pagination not for the sake of the user, but to record yet another click. Clicks and interaction means ad displays, reading was kind of a necessary evil from a monetisation point of view. This is also when the first ideas of creating sticky, viral and - let’s call it by its real name - addictive and lock-in content came up. Something we perfected now, but still wanted to avoid back then. Back then "web 2.0" or user generated content was something we didn’t quite trust and the biggest no-no was to create a product for a community for the sake of having one. This anti-pattern was called the Potemkin Villages, when historically people build fake villages for the emperor to see when driving past so he’d see growth where there wasn’t any. So, instead of growing a community, you build an empty product.