Top-paid general counsel

July 20, 2011
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A list released by Corporate Counsel,  an ALM National publication, ranks the compensation of general counsel around the U.S. and there are some highly paid attorneys out there. The top-paid in-house attorney is Denise Keane of Altria Group Inc., the parent company of Phillip Morris USA and other companies. For the first time in the history of this list, a woman was the top-paid general counsel. She was listed as having more than $6.4 million in compensation.

It’s interesting to see that Keane went from being ranked 34th in 2010 to first this year. Donald de Brier with Occidental Petroleum Corp. went from 63rd last year to second this year.

Robert Armitage, the general counsel at Eli Lilly and Co., ranked No. 33, with more than $1.78 million in total compensation. He was ranked at No. 24 last year. Armitage’s salary is listed at just under $848,000. John Cannon II, general counsel at WellPoint Inc., came in at No. 63. He didn’t even make last year’s list. His salary is listed at around $550,000, but he took home more than $1.3 million.

The list breaks down compensation to show salary, bonus/nonequity incentive compensation, total cash, option exercises and stock value realized, total cash plus stock value realized, stock awards, and option awards. The rankings are based on the total cash the general counsel received.

The publication noted that this survey shows more of an “undoing of damage of the previous year than any great leap in compensation levels.” It writes that the worst seems to be over regarding the economy, and corporations are rewarding executives for getting them through the tough days of the recession.

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  1. A traditional parade of attorneys? Really Evansville? Y'all need to get out more. When is the traditional parade of notaries? Nurses? Sanitation workers? Pole dancers? I gotta wonder, do throngs of admiring citizens gather to laud these marching servants of the constitution? "Show us your billing records!!!" Hoping some video gets posted. Ours is not a narcissistic profession by any chance, is it? Nah .....

  2. My previous comment not an aside at court. I agree with smith. Good call. Just thought posting here a bit on the if it bleeds it leads side. Most attorneys need to think of last lines of story above.

  3. Hello everyone I'm Gina and I'm here for the exact same thing you are. I have the wonderful joy of waking up every morning to my heart being pulled out and sheer terror of what DCS is going to Throw at me and my family today.Let me start from the !bebeginning.My daughter lost all rights to her 3beautiful children due to Severe mental issues she no longer lives in our state and has cut all ties.DCS led her to belive that once she done signed over her right the babies would be with their family. We have faught screamed begged and anything else we could possibly due I hired a lawyer five grand down the drain.You know all I want is my babies home.I've done everything they have even asked me to do.Now their saying I can't see my grandchildren cause I'M on a prescription for paipain.I have a very rare blood disease it causes cellulitis a form of blood poisoning to stay dormant in my tissues and nervous system it also causes a ,blood clotting disorder.even with the two blood thinners I'm on I still Continue to develop them them also.DCS knows about my illness and still they refuse to let me see my grandchildren. I Love and miss them so much Please can anyone help Us my grandchildren and I they should be worrying about what toy there going to play with but instead there worrying about if there ever coming home again.THANK YOU DCS FOR ALL YOU'VE DONE. ( And if anyone at all has any ideals or knows who can help. Please contact (765)960~5096.only serious callers

  4. He must be a Rethuglican, for if from the other side of the aisle such acts would be merely personal and thus not something that attaches to his professional life. AND ... gotta love this ... oh, and on top of talking dirty on the phone, he also, as an aside, guess we should mention, might be important, not sure, but .... "In addition to these allegations, Keaton was accused of failing to file an appeal after he collected advance payment from a client seeking to challenge a ruling that the client repay benefits because of unreported income." rimshot

  5. I am not a fan of some of the 8.4 discipline we have seen for private conduct-- but this was so egregious and abusive and had so many points of bad conduct relates to the law and the lawyer's status as a lawyer that it is clearly a proper and just disbarment. A truly despicable account of bad acts showing unfit character to practice law. I applaud the outcome.

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