IN-HOUSE COUNSEL COMPENSATION REPORT · In-house counsel at healthcare organizations align with the...

2020

Healthcare & Life SciencesIN-HOUSE COUNSEL COMPENSATION REPORT

2020 Healthcare & Life Sciences In-House Compensation Report | 2

Table of Contents Introduction ................................................................................................................................................................................................. 3

Key Compensation Trends ......................................................................................................................................................................... 4

Survey Design ............................................................................................................................................................................................ 5

Data Methods & Analysis ........................................................................................................................................................................... 6

Survey Response Breakdown .................................................................................................................................................................... 7

Figure 1.1 Response Distribution by Position, % .................................................................................................................................. 7

Figure 1.2 Response Distribution by Organization Type, % ..................................................................................................................7

Figure 1.3 Response Distribution by Location Type, % .........................................................................................................................7

Figure 1.4 Response Distribution by Organization Revenue, % ............................................................................................................ 8

Figure 1.5 Response Distribution by Gender - Healthcare, % ............................................................................................................... 8

Figure 1.6 Response Distribution by Gender - Life Sciences, % ........................................................................................................... 8

Collective In-House .................................................................................................................................................................................... 9

Figure 2.1 Salary Increase Rate by Industry, all positions................................................................................................................... 10

Figure 2.2 Likelihood of Compensation-Motivated Job Search within the Next Year by Industry, all positions ................................... 10

Figure 2.3 Likelihood of Compensation-Motivated Job Search within the Next Year by Practice Area, all positions .......................... 11

Figure 2.4 Total Compensation Breakdown by Organization Location Type for Companies, all positions, all organization sizes & types in Healthcare and Life Sciences ................................................................................................................................................. 11

Figure 2.5 Compensation Breakdown by Gender, median across all positions in Healthcare ............................................................. 12

Figure 2.6 Compensation Breakdown by Gender, median across all positions in Life Sciences ......................................................... 12

General Counsel ...................................................................................................................................................................................... 13

Figure 3.1 Compensation Breakdown by Organization Revenue, General Counsel - Healthcare ......................................................14

Figure 3.2 Compensation Breakdown by Organization Revenue, General Counsel - Life Sciences ...................................................15

Figure 3.3 Compensation Breakdown by Gender, General Counsel - Healthcare .............................................................................16

Figure 3.4 Compensation Breakdown by Gender, General Counsel – Life Sciences ........................................................................16

Managing Counsel ................................................................................................................................................................................... 17

Figure 4.1 Compensation Breakdown by Organization Revenue, Managing Counsel - Healthcare ...................................................18

Figure 4.2 Compensation Breakdown by Gender, Managing Counsel - Healthcare ...........................................................................19

Figure 4.3 Total Compensation by Practice Area, Managing Counsel - Healthcare ............................................................................19

Figure 4.4 Compensation Breakdown by Organization Revenue, Managing Counsel - Life Sciences ................................................20

Figure 4.5 Compensation Breakdown by Gender, Managing Counsel – Life Sciences ......................................................................21

Figure 4.6 Total Compensation by Practice Area, Managing Counsel - Life Sciences .......................................................................21

Senior Counsel ......................................................................................................................................................................................... 22

Figure 5.1 Compensation Breakdown by Organization Revenue, Senior Counsel - Healthcare ........................................................23

Figure 5.2 Total Compensation by Practice Area, Senior Counsel - Healthcare .................................................................................24

Figure 5.3 Compensation Breakdown by Gender, Senior Counsel - Healthcare .................................................................................24

Figure 5.4 Compensation Breakdown by Organization Revenue, Senior Counsel - Life Sciences ....................................................25

Figure 5.5 Total Compensation by Practice Area, Senior Counsel - Life Sciences .............................................................................26

Figure 5.6 Compensation Breakdown by Gender, Senior Counsel - Life Sciences .............................................................................26

About BarkerGilmore ................................................................................................................................................................................ 27


Introduction BarkerGilmore is pleased to present the first In-House Counsel Compensation Report devoted exclusively to the Healthcare and Life Sciences industries.

BarkerGilmore is positioned as the leading executive search partner for legal, compliance, privacy, and risk departments in the healthcare and life sciences industries. Over 35% of our engagements in the last three years were with healthcare, life sciences, or related organizations. The uptick in activity in this space, combined with the high demand for our annual In-House Counsel Compensation Report, led to the creation of the ensuing report, dedicated exclusively to our healthcare and life sciences clients. This report is designed to assist candidates and employers alike in benchmarking legal department compensation, applying peer comparison, and identifying overarching pay trends.

The 2020 Healthcare & Life Sciences In-House Counsel Compensation Report distinguishes healthcare organizations from life sciences companies, creating two distinct categories. Often, thought leadership and industry assessments blend these two spaces, offering skewed results and misinterpretations. For legal departments, it is especially critical to separate these two major industries due to the large variation in regulatory requirements, transactional perspectives, and product expertise.

This report also acknowledges a wide variety of organization types, sizes, and sub-industries. For example, within the healthcare sample, in-house counsel data points range from small non-profit, 2-hospital systems to large national public health systems. Within life sciences, the samples range from pre-clinical biotechnology start-ups to established big pharma companies with over $30B in revenue.

The 2020 Healthcare and Life Sciences Compensation report provides a unique, industry-specific benchmarking and trend tracking tool for attorneys and employers to navigate a highly competitive market. Due to the wide range of samples involved, readers should consider many of these benchmarks as overarching trends. To gain a more wholistic and detailed view of specific figures, BarkerGilmore owns the capability to drill-down and advise on this proprietary data for specific search or consulting engagements. We look forward to partnering with you and recommend downloading our other annual in-house counsel, general counsel, and compliance officer compensation reports at www.barkergilmore.com.

BarkerGilmore acknowledges the importance of compensation breakdown for organizations and their human resources departments to formulate pay strategies, and for lawyers looking to expand their roles or leverage experience for new positions. While this report aims to provide a comprehensive breakdown of legal department compensation structures, we must advise that there are several additional variables that must always be considered when dealing with compensation figures. These variables include an individual’s unique experiences, abilities, and interpersonal skills, as well as the organization’s financial position and the strength of the local economy.

To present the most valuable and reliable data, BarkerGilmore has combined its expertise in executive legal recruitment and consulting with extensive survey data to highlight a diverse array of in-house counsel compensation. The information in this report is meant to provide general guidelines, and while it delivers extremely detailed information, we urge readers to consider the multitude of factors affecting the results and to focus on overall data trends displayed in the graphs and charts.

https://www.barkergilmore.com/legal-compliance-recruiting-resources


Key Compensation Trends 1. Annual Salary Increase Rates: The average annual salary increase rate for all positions across all industries

increased to 4.4%, up 0.6% from the previous year. In-house counsel at healthcare organizations align with the overall 4.4% median. Across a three-year span, attorneys experienced a dip in increase rates in the 2017 fiscal year, with rates in 2018 raising to match those measured in 2016. In contrast, salary increase rates for in-house counsel at life sciences organizations peaked to 5.2% in 2017 and fell to 4% in 2018, below the overall median.

2. Who’s on the Market: 38% of respondents at healthcare and life sciences organizations indicate they would consider a new position within the next year due to compensation issues, in line with response rates across all industries for 2018. Those in healthcare are most likely to conduct a job search in the next year, with 42% reporting high or very high probability of a job search. Those in life sciences are least likely to engage in a job search, with over 65%reporting low or very low probability of a job search in the next year.

3. Gender Pay Trends: Across position level and company type, female in-house counsel at healthcare organizations earn 87% of what male in-house counsel earn. The disparity is greater at life sciences companies, with females earning just 81% of their male counterparts.The size of the gender-driven pay disparity varies significantly by position level. In healthcare, female general counsel earn 13% less than their male counterparts, and female senior counsel also earn 13% less than their male counterparts. Interestingly, the disparity reverses at the managing counsel level, with females earning 15% more than their male counterparts.In life sciences, female general counsel earn 21% less than their male counterparts, and female senior counsel earn 19% less than their male counterparts. Again, the disparity nearly closes at the managing counsel level, where males earn less than 2% more than their female counterparts.

4. Practice Area Highs and Lows: The following chart summarizes the highest and lowest paying practice areas formanaging counsel and senior counsel (by total compensation):

Position Healthcare Life Sciences Highest Paying

Managing Counsel Compliance Intellectual Property Senior Counsel Insurance Intellectual Property

Lowest Paying Managing Counsel Intellectual Property Labor & Employment Senior Counsel Labor & Employment Compliance


Survey Design BarkerGilmore conducted an online survey from February to April 2019 to assess in-house counsel compensation trends for the year of 2018. The 19-question online survey was administered to a random sample of in-house counsel at various levels of seniority within different sized public and private organizations across the United States. The following table presents the data categories captured by the survey through a combination of multiple-choice and open-ended questions, answered by over 2,000 individuals from an assortment of industries and practice areas. 20% of all respondents reported employment with a healthcare or life sciences organization, the demographic focus of the ensuing report. To supplement the smaller sample size, this report utilizes benchmarking information from BarkerGilmore’s proprietary candidate database, collected within the same time frame as the survey, providing a total of nearly 1,000 data points for this report.

Table 1: Key Terminology

Term Description

Position General Counsel – the lead in-house lawyer in an organization Managing Counsel – an in-house lawyer with at least one direct report, who is not the lead lawyer in an organization Senior Counsel – an in-house lawyer who is an individual contributor

Healthcare Primary industry classified as one of the following: • Healthcare Providers; Hospitals, Clinics, Home Health Services, Behavioral Health,

Dental Providers• Health Plans & Insurers• Health Technology, Digital Health• General Health Services

Life Sciences Primary industry classified as one of the following: • Pharmaceutical• Medical Device• Biotechnology

Number of Direct Reports

Total number of lawyers managed

JD Year Year in which Juris Doctor was earned

Base Salary Current base salary in US Dollars for the 2018 fiscal year

Cash Bonus Most recent cash bonus in US Dollars for the 2018 fiscal year

Long Term Incentive (LTI)

Value of most recent long-term incentive award in US Dollars for the 2018 fiscal year

Total Compensation The sum of the current base salary, most recent cash bonus, and estimated long term incentive value in US Dollars for the 2018 fiscal year

Salary Increase Rate Percent increase in base salary from 2017 to 2018

Practice Area Field of specialization within an organization

Industry Commercial segment in which the organization is situated

Organization Revenue Annual organization revenue in US Dollars for the 2018 fiscal year

Organization Type Determination of organization status: publicly-traded, private, or non-profit

Location Type Type of location in which the organization is situated: major metropolitan/large city area, mid-sized metropolitan/city area, or small city/rural area

Likelihood of Compensation-

Motivated Job Search

Likelihood respondents will be looking for a new position over the next year due to compensation issues


Data Methods & Analysis

Measure of Central Tendency This report utilizes median as the main method of standardization for the sample statistics collected from BarkerGilmore’s 2019 Compensation Survey and proprietary candidate database. The median can be described as the middle or central value in a given sequence of numbers. In an even set of numbers, the median is calculated as the average of the two middle numbers. This report applies median calculation for all numeric data reported, unless otherwise specified.

Position Breakdown This report contains data from three distinct classes of in-house counsel1: General Counsel, Managing Counsel, and Senior Counsel. These three classes are largely determined by seniority, experience, and management level, causing compensation to vary across position. Therefore, the greater part of this report is dedicated to the analysis of compensation trends for each individual position.

Prominent Determinants of Compensation After extensive statistical analysis of the compensation benchmark data, the following variables appear to impact compensation significantly for all three positions: organization type, revenue, industry, and gender. Practice area influence compensation for both Managing Counsel and Senior Counsel, but not for General Counsel. The data visualizations presented in the ensuing report reflect this breakdown of determinants.

Data Validation To validate the data used for this report, we compared the median survey data to the median compensation information entered into BarkerGilmore’s proprietary contact database from January 2018 through December 2018. In a comparison of base salary across positions, the survey data and database data are compatible with less than 3% margin of error, meaning the survey data display a high level of validity.

Disclaimer of Approximation The data displayed in this report were collected from a wide variety of in-house counsel whose compensation figures are highly dependent on a multitude of different intervening variables. For the purpose of simple interpretation, the complex statistical relationships that resulted from these variables are not included in this report. Thus, the proceeding trends should be considered approximations of compensation data that are ultimately contingent upon numerous influences taken together.

Confidentiality BarkerGilmore takes protecting the privacy of those who participated in our compensation survey seriously, since confidentiality is the cornerstone of our business. The information provided by survey respondents remains anonymous and will not be shared with anyone.

1 Refer to Table 1 for a detailed description of the three position classifications for in-house counsel.


Survey Response Breakdown *This section displays response rate and general characteristics of the survey respondents

Figure 1.1 Response Distribution by Position, %

34%

34%

31%

Response Breakdown by Position

General Counsel

Managing Counsel

Senior Counsel

16%

30%52%

2%Response Breakdown by Organization Type

Non-Profit

Private

Public

Other

61%33%

6%

Response Breakdown by Location Type

Major metropolitan,large city area

Mid-sizedmetropolitan, city area

Small city, rural area

Figure 1.3 Response Distribution by Location Type, %

Figure 1.2 Response Distribution by Organization Type, %


Figure 1.4 Response Distribution by Organization Revenue, %

Figure 1.5 Response Distribution by Gender - Healthcare, %

Figure 1.6 Response Distribution by Gender - Life Sciences, %

29%

13%

21%

37%

0% 5% 10% 15% 20% 25% 30% 35% 40%

<$500M

$500M-$1B

$1B-$5B

$5B+

Response Breakdown by Organization Revenue

37%

63%

Response Breakdown by Gender Life Sciences

Female

Male


Collective In-House COMPENSATION TRENDS


Figure 2.1 Salary Increase Rate by Industry, all positions *Survey Question: What was your percentage increase in base salary from 2017 to 2018?*Includes data from compensation surveys conducted in 2016 and 2017

Figure 2.2 Likelihood of Compensation-Motivated Job Search within the Next Year by Industry, all positions *Survey Question: What is the probability that you will be looking for a new position in the next year due to compensation issues?

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

Healthcare Life Sciences

4.5% 4.4%4.0%

5.2%

4.4%4.0%

Salary Increase Rates

2016 2017 2018

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Healthcare

Life Sciences

14%

14%

44%

55%

28%

21%

14%

10%

Likelihood of Compensation-Motivated Job Searchby Industry

Very Low

Low

High

Very High


Figure 2.3 Likelihood of Compensation-Motivated Job Search within the Next Year by Practice Area, all positions *Survey Question: What is the probability that you will be looking for a new position in the next year due to compensation issues?

Figure 2.4 Total Compensation Breakdown by Organization Location Type for Companies, all positions, all organization sizes & types in Healthcare and Life Sciences

$-

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

General Counsel Managing Counsel Senior Counsel

$464

,000

$408

,000

$268

,000

$424

,000

$346

,000

$235

,000

$533

,300

$339

,000

$207

,500

Total Compensation by Location Type

Major metropolitan, large city area Mid-sized metropolitan, city area Small city, rural area

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Regulatory

Litigation

Labor & Employment

Intellectual Property

Insurance

Corporate

Compliance

14%

8%

33%

6%

27%

13%

16%

48%

25%

50%

48%

36%

51%

58%

26%

50%

27%

18%

26%

16%

11%

17%

17%

18%

18%

10%

11%

Likelihood of Compensation-Motivated Job Searchby Practice Area

Very Low Low High Very High


Figure 2.5 Compensation Breakdown by Gender, median across all positions in Healthcare

Figure 2.6 Compensation Breakdown by Gender, median across all positions in Life Sciences

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

Base Salary Bonus LTI Total Compensation

$215

,000

$34,

000

$3,0

00

$285

,000

$250

,000

$49,

000

$-

$328

,250

Compensation Breakdown by GenderMedian for all Positions

Healthcare

Female Male

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

Base Salary Bonus LTI Total Compensation

$235

,000

$62,

750

$46,

000

$340

,000

$250

,000

$75,

000

$75,

000

$420

,000

Compensation Breakdown by GenderMedian for all Positions

Life Sciences

Female Male


General Counsel IN-HOUSE COMPENSATION TRENDS


Compensation Breakdown by Organization Revenue General Counsel - Healthcare

$235

,000

$300

,000

$275

,000

$425

,000

$310

,000

$300

,000

$450

,000

$503

,000

$269

,000

$292

,000

$424

,500

$460

,000

$-

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

Base Salary

13%

38%43% 43%

27% 30%

40%

73%

12%

21%18%

39%

0%

10%

20%

30%

40%

50%

60%

70%

80%

Bonus (% of Base)

$- $- $- $-

$150

,000

$220

,000

$350

,000

$1,2

50,0

00

$- $- $-

$150

,000

$-

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000


$300

,000

$350

,000

$370

,000

$700

,000

$545

,000

$624

,000

$950

,000

$2,1

19,0

00

$288

,000

$375

,000

$490

,000

$950

,000

$-

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

Total Compensation

Figure 3.1 Compensation Breakdown by Organization Revenue, General Counsel - Healthcare *Median Total Compensation does not equal the sum of the other median values of compensation*Less than 50% of private and non-profit GCs receive LTI compensation


Compensation Breakdown by Organization Revenue General Counsel - Life Sciences

$250

,000

$336

,000

$360

,000

$400

,000

$325

,000

$352

,500

$380

,000

$765

,855

$100,000

$200,000

$400,000

$800,000

Base Salary

25%35%

44% 50%

31% 31%

50%

144%

0%

20%

40%

60%

80%

100%

120%

140%

160%

180%

Bonus (% of Base)

$100

,000

$150

,000

$250

,000

$400

,000

$285

,000

$280

,000

$364

,000

$4,0

42,1

82

$50,000

$250,000

$1,250,000

$6,250,000

Long Term Incentive

$437

,500

$603

,000

$770

,000

$1,0

21,0

00

$728

,620

$873

,810

$919

,000

$100,000

$400,000

$1,600,000

$6,400,000

Total Compensation

Figure 3.2 Compensation Breakdown by Organization Revenue, General Counsel - Life Sciences *Median Total Compensation does not equal the sum of the other median values of compensation*Logarithmic scale applied to select data due to wide range

$5,6

08,0

37


$-

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

Base Bonus LTI Total Compensation

$317

,500

$92,

000

$100

,000

$560

,500

$300

,000

$90,

000 $2

57,0

00

$713

,500

Compensation Breakdown by GenderGeneral Counsel - Life Sciences

Female Male

Figure 3.4 Compensation Breakdown by Gender, General Counsel – Life Sciences *Median Total Compensation does not equal the sum of the other median values of compensation*Includes General Counsel from both public and private organizations across all revenue sizes

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

$500,000


$255

,000

$32,

000

$-

$401

,500

$292

,000

$60,

000

$-

$464

,000

Compensation Breakdown by GenderGeneral Counsel - Healthcare

Female Male

Figure 3.3 Compensation Breakdown by Gender, General Counsel - Healthcare *Median Total Compensation does not equal the sum of the other median values of compensation*Includes General Counsel from both public and private organizations across all revenue sizes


Managing Counsel IN-HOUSE COMPENSATION TRENDS


Compensation Breakdown by Organization Revenue Managing Counsel - Healthcare

Figure 4.1 Compensation Breakdown by Organization Revenue, Managing Counsel - Healthcare *Median Total Compensation does not equal the sum of the other median values of compensation

$197

,500

$204

,000

$200

,500

$240

,000

$235

,000

$240

,000

$245

,000

$247

,189

$180

,000

$201

,256

$197

,750

$247

,000

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

Base Salary

10%

25%

20%

27%

22%24% 25%

34%

0%

15% 15%17%

0%

5%

10%

15%

20%

25%

30%

35%

40%

Bonus (% of Base)

$45,

000

$40,

000

$49,

000

$40,

000

$35,

000

$75,

000

$80,

000

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

$100,000


$306

,700

$254

,000

$266

,500

$305

,040

$342

,000

$361

,000

$386

,250

$437

,250

$180

,000

$250

,000

$235

,000

$289

,670

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

$500,000

Total Compensation

$100

,000


$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000


$236

,000

$62,

000

$80,

000

$382

,000

$225

,000

$55,

000

$35,

000

$323

,000

Compensation Breakdown by GenderManaging Counsel - Healthcare

Female Male

Figure 4.2 Compensation Breakdown by Gender, Managing Counsel - Healthcare *Median Total Compensation does not equal the sum of the other median values of compensation*Includes General Counsel from both public and private organizations across all revenue sizes

Figure 4.3 Total Compensation by Practice Area, Managing Counsel - Healthcare *Includes Managing Counsel from both public and private organizations across all revenue sizes

$330,750

$461,350

$400,000

$316,540

$380,700

$429,224

$506,000

$- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000

Regulatory

Litigation

Labor & Employment


Insurance

Corporate

Compliance

Total Compensation by Practice AreaManaging Counsel - Healthcare


Compensation Breakdown by Organization Revenue Managing Counsel - Life Sciences

$228

,000

$185

,500

$275

,000

$280

,000

$282

,500

$235

,000

$258

,250

$241

,000

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

Base Salary

22%

15%

30%

25%

33%

28%

31% 30%

0%

5%

10%

15%

20%

25%

30%

35%

Bonus (% of Base)

Figure 4.4 Compensation Breakdown by Organization Revenue, Managing Counsel - Life Sciences *Median Total Compensation does not equal the sum of the other median values of compensation

$30,

000

$30,

000

$70,

000 $9

0,00

0

$61,

000

$72,

000

$75,

000

$-

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000


$302

,000

$350

,000

$507

,500

$443

,000

$469

,000

$350

,000

$502

,045

$429

,300

$-

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

Total Compensation

$116

,000


Figure 4.5 Compensation Breakdown by Gender, Managing Counsel – Life Sciences *Median Total Compensation does not equal the sum of the other median values of compensation*Includes General Counsel from both public and private organizations across all revenue sizes

$345,000

$383,750

$518,000

$286,500

$384,000

$- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000

Compliance

Corporate


Labor & Employment

Regulatory

Total Compensation by Practice AreaManaging Counsel - Life Sciences

Figure 4.6 Total Compensation by Practice Area, Managing Counsel - Life Sciences *Includes Managing Counsel from both public and private organizations across all revenue sizes

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

Base Bonus LTI TotalCompensation

$246

,500

$72,

824

$73,

500

$390

,000

$250

,000

$75,

000

$75,

000

$396

,000

Compensation Breakdown by GenderManaging Counsel - Life Sciences

Female Male


Senior Counsel IN-HOUSE COMPENSATION TRENDS


Compensation Breakdown by Organization Revenue Senior Counsel - Healthcare

$155

,000

$160

,000

$192

,500

$202

,000

$165

,744

$225

,000

$225

,000

$196

,600

$168

,000

$194

,000

$150

,000

$205

,000

$-

$50,000

$100,000

$150,000

$200,000

$250,000

Base Salary

12%

7%

18%

25%

18%

10% 10%

24%

4%

9%7%

13%

0%

5%

10%

15%

20%

25%

30%

Bonus (% of Base)$- $- $-

$15,

000

$12,

500

$15,

000 $2

5,00

0

$50,

000

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

Long Term Incentive (LTI)$1

81,5

00

$161

,914

$255

,463

$252

,000

$207

,882

$240

,000

$260

,000

$282

,500

$168

,000

$206

,000

$160

,000

$240

,000

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

Total Compensation

Figure 5.1 Compensation Breakdown by Organization Revenue, Senior Counsel - Healthcare *Median Total Compensation does not equal the sum of the other median values of compensation


$239,000

$205,713

$295,500

$209,000

$179,400

$231,167

$235,000

$- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000

Compliance

Corporate

Insurance


Labor & Employment

Litigation

Regulatory

Total Compensation by Practice AreaSenior Counsel - Healthcare

Figure 5.2 Total Compensation by Practice Area, Senior Counsel - Healthcare *Includes Senior Counsel from both public and private organizations across all revenue sizes

Figure 5.3 Compensation Breakdown by Gender, Senior Counsel - Healthcare *Median Total Compensation does not equal the sum of the other median values of compensation*Includes Senior Counsel from both public and private organizations across all revenue sizes

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000


$215

,000

$34,

000

$3,0

00

$285

,000

$250

,000

$49,

000

$-

$328

,250

Compensation Breakdown by GenderSenior Counsel - Healthcare

Female Male


Compensation Breakdown by Organization Revenue Senior Counsel - Life Sciences

$217

,500

$205

,000

$230

,000

$231

,700

$219

,000

$201

,500

$220

,500

$217

,063

$185,000

$195,000

$205,000

$215,000

$225,000

$235,000

Base Salary

20%

25%

15%

27%

16%

26%

21%

28%

0%

5%

10%

15%

20%

25%

30%

Bonus (% of Base)$2

0,00

0

$50,

000

$50,

000

$50,

655

$30,

000 $4

0,00

0

$33,

708

$40,

500

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000


$279

,000

$300

,000

$320

,000

$336

,250

$270

,000

$293

,750

$298

,500

$300

,500

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

Total Compensation

Figure 5.4 Compensation Breakdown by Organization Revenue, Senior Counsel - Life Sciences *Median Total Compensation does not equal the sum of the other median values of compensation


$262,000

$270,000

$340,375

$286,000

$277,500

$- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000

Compliance

Corporate


Labor & Employment

Regulatory

Total Compensation by Practice Area Senior Counsel - Life Sciences

Figure 5.5 Total Compensation by Practice Area, Senior Counsel - Life Sciences *Includes Senior Counsel from both public and private organizations across all revenue sizes

Figure 5.6 Compensation Breakdown by Gender, Senior Counsel - Life Sciences *Median Total Compensation does not equal the sum of the other median values of compensation*Includes Senior Counsel from both public and private organizations across all revenue sizes

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000


$235

,000

$62,

750

$46,

000

$340

,000

$250

,000

$75,

000

$75,

000

$420

,000

Compensation Breakdown by GenderSenior Counsel - Life Sciences

Female Male


About BarkerGilmore BarkerGilmore is a boutique firm recognized by CEOs, boards, and executives as best-in-class legal and compliance executive search consultants, GC/CCO advisors, and leadership coaches. With a network of advisors and recruiters spanning the United States, BarkerGilmore’s client roster includes leading consumer, energy, financial, healthcare, industrial, and technology companies.

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