ACC Australia survey indicates in-house salary freeze

ACC australia salary survey

The Association of Corporate Counsel (ACC) Australia partnered with Empsight International to produce the 2020 ACC Law Department Compensation and Policies Practices Report, drawing from a survey of corporate legal departments from 68 organizations in Australia.

The outlook for 2021 remains static as 52.6% of companies are projecting a freeze in salary budgets, while 5.3% have lower projections compared with 2020. However, about 21% of companies indicated no impact and 10.5% said that increases would be made by exception only.

The report provides insights into legal department staffing and spending practices, budget trends and forecasts, as well as other compensation and human resources policies. The data were collected between June and July 2020.

“The report demonstrates that at a time when legal departments are being asked to take on an increasingly strategic role across the wider business, the ongoing impact of covid-19 means they are doing so with decreasing law department budgets,” said Tanya Khan, vice president and managing director, ACC Australia and Asia-Pacific.

“For in-house counsel, the continuing covid-19 pandemic has not surprisingly resulted in the majority of law departments implementing work-from-home arrangements,” said Khan. “What is more surprising is that a large proportion of law departments anticipate the continuation of work-from-home practices following the pandemic.”

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