General counsel for two Indianapolis-based Fortune 500 companies are among the 100 highest-compensated corporate attorneys, according to Corporate Counsel’s 2014 Survey.
The magazine reported Simon Property Group general counsel James Barkley earned total compensation of $2,954,780 to rank 23rd on the list. Eli Lilly and Co. general counsel Michael J. Harrington earned total compensation of $1,740,735, good for 48th place on the list.
Simon’s Barkley moved up the rankings from 41st place on the list last year, when his total compensation was slightly less than $2.5 million.
Harrington succeeded Lilly general counsel Robert Armitage, who last year was in 32nd place on the list.
Corporate Counsel reported compensation for the top-paid corporate attorneys continued to rise in the most recent survey, largely due to bonuses that on average increased by more than 6 percent.