Australia in-house legal salary guide 2023-2024

The 2023 financial year (FY23) has been somewhat of a roller coaster, and we publish this year’s guide in a very different market compared to 12 months ago when the legal industry was witnessing unprecedented growth in hiring and compensation.

The demand for exceptional talent did not stop over the preceding financial year but a cautious approach to hiring returned to the market throughout the year with interview processes lengthening and business cases scrutinised. The job market has remained strong but as the number of roles reduced, the competition to retain top talent tapered off as the year progressed reducing replacement headcount and has taken further pressure off the market.

Taylor Root’s in-house salary guide provides the legal industry in Australia with a comprehensive analysis benchmarking junior counsel, legal counsel, senior counsel, and general counsel salaries, bonuses and long-term incentives.