The American Lawyer - Sample Issue

tive compensation—the now-popular type of pay handed out to those who meet performance goals—made more modest gains. On the heels of a 7. 7 percent decline a year earlier, the 2012 average went up 6. 4 percent, to $1,197,065. The average approached the decade-high, $1,219,586, set in 2010.

Some GCs managed to cash
in big on meeting performance
targets. The bonus plus noneq-
uity combo constituted most
of GE’s Denniston’s enviable
chunk of change last year. The
board’s compensation commit-
tee awarded him $9.3 million for
contributions including effective
management of major litigation,
strengthening data and IP pro-
tection, and bolstering the com-
pany’s compliance function. The
GC received $6.7 million as part
of a long-term incentive plan
spanning three years.

Rank

2013 GC/Company

1 Brackett Denniston General Electric

2 Louis Briskman CBS

3 Gary Lynch Bank of America Corp.

4 Paul Cappuccio Time Warner

5 Alan Braverman Walt Disney

6 David Drummond Google

7 Marc Firestone
Philip Morris International
8 Michael Luttig
Boeing

9 Michael Fricklas Viacom

10 Laura Schumacher Abbott Laboratories

Total
Take-Home

Bonus +
Nonequity
Total
Cash
Total Cash

Plus Stock
Value
Realized

$9,309,625 $10,884,625 $12,918,301

2012 Cash Compensation

Salary

$1,575,000

$1,305,000 $5,200,000 $6,505,000 $24,862,448

$850,000 $4,210,854 $5,060,854 $6,305,467

$1,285,385 $3,475,000 $4,760,385 $8,296,393

$1,230,000 $3,370,000 $4,600,000 $13,916,556

$650,000 $3,300,000 $3,950,000 $9,858,333

$758,366 $2,844,494 $3,602,860 $3,602,860

$802,723 $2,699,295 $3,502,018 $10,743,506

$1,278,125 $2,153,250 $3,431,375 $6,376,816

$831,682 $2,370,000 $3,201,682 $8,671,054

NO ONE
WOULD DEVOTE A
WHOLE WEEK TO

THE MEDIOCRE WHITE SHARK.

We think great work makes a great company. Things like developing better ways to get work done more efficiently. Or quickly identifying the economic elements that really matter in a case, so time isn’t wasted. Every day, in big and small ways, we strive to give our clients truly great work. And then we stand behind it. Because mediocre work is never even close to good enough.