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SALARY SURVEY FOR THE SOUTH AFRICAN LEGAL FRATERNITY 2011
J O H A N N E S B U R G | C A P E T O W N | D U R B A N
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The start of a new year brings about the anticipation of salary increases and new excitingcareer opportunities.
The aim of our salary survey is to serve as a research and measurement tool on salaries and bene tsin the legal fraternity and has been derived from an in-depth survey of more than 17 000 legal profes-sionals nationwide as well as information provided by leading corporate organisations and law rmsthat employ in-house counsel and legal practice professionals.
Our salary survey enjoys national recognition and assists professionals from a variety of industrysectors to gain a market-related salary indication.
Niche commercial practicesGeneral legal practiceAuditing/ConsultingComplianceCorporate governanceCompany secretarialICTTelecommunicationBankingSpecialised nance (ie. Structured, Project, Corporate and Treasury)ConstructionMiningParastatalsPetrochemical / Energy
FMCGMedia & Entertainment
Eduard StrydomManaging Director
Alas Agisa Legal & Executive Recruitment (February 2011)
GUIDE TO SALARY SURVEY
UNDERSTANDING THE SALARY SURVEY
The abbreviation, PQE , represents POST QUALIFICATION EXPERIENCE , meaning after admission asan Attorney or Advocate.
All salaries in this survey are re ected as Total Cost To Company (TCTC).
Broken down into different segments, it would represent the following categories:
Basic Salary 13 th Cheque Car Allowance / Company Car Provident / Pension Fund
Medical Aid (Normally on a 50/50 contribution base) Group Life Insurance
* Note: TCTC excludes any potential performance bonus / bonuses
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2011
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POSITION PQE LOW RANGE MEDIUM RANGE HIGH RANGE
Article Clerks Not applicable R185 000 CTC + R200 000 CTC + R230 000 CTC +
Associate 1-2 Years R360 000 CTC + R425 000 CTC + R480 000 CTC +
Senior Associates 2-4 Years R510 000 CTC + R595 000 CTC + R645 000 CTC +
* Junior Partners
* Senior Partners
* Equity Partners
5-10 Years
10+ Years
10+ Years
R730 000 CTC +
R900 000 CTC +
R1 250 000 CTC +
R795 000 CTC +
R975 000 CTC +
R1 550 000 CTC +
R850 000 CTC +
R1 100 000 CTC+
R1 875 000 CTC+
* Junior & Senior partners
Excludes participation in pro t share.Equity Partners are entitled to pro t share should they exceed their annual fee target.
POSITION PQE LOW RANGE MEDIUM RANGE HIGH RANGE
Article Clerks Not applicable R200 000 CTC + R250 000 CTC + R270 000 CTC +
Associates
Associates
1 Year
2 Years
R410 000 CTC +
R580 000 CTC +
R450 000 CTC +
R610 000 CTC +
R500 000 CTC +
R660 000 CTC +
Senior Associates 2-4 Years R675 000 CTC + R750 000 CTC ++ R800 000 CTC +
* Junior Partners
* Senior Partners
* Equity Partners
5-10 Years
10+ Years
10+ Years
R900 000 CTC+
R1 200 000 CTC+
R2 150 000 CTC+
R1 025 000 CTC+
R1 450 000 CTC+
R2 550 000 CTC+
R1 150 000 CTC+
R1 750 000 CTC+
R3 000 000 CTC+
* Junior & Senior partners
Excludes participation in pro t share.Equity Partners are entitled to pro t share should they exceed their annual fee target.
SMALL, MEDIUM TO LARGE NICHE COMMERCIAL PRACTICE
SMALL, MEDIUM TO LARGE GENERAL LEGAL PRACTICE
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TYPE OF FIRM PQE LOW RANGE MEDIUM RANGE HIGH RANGE
Auditing/Consulting Firms
1-3 Years
3-6 Years
6-10 Years
10+ Years
R445 000 CTC +
R565 000 CTC +
R730 000 CTC +
R975 000 CTC +
R485 000 CTC +
R625 000 CTC +
R800 000 CTC +
R1 100 000 CTC +
R535 000 CTC +
R695 000 CTC +
R850 000 CTC+
R1 300 000 CTC+
Compliance& CorporateGovernance
1-3 Years
3-5 Years
6-10 Years
10+ Years
R410 000 CTC +
R550 000 CTC +
R730 000 CTC +
R910 000 CTC +
R480 000 CTC +
R600 000 CTC +
R810 000 CTC +
R1 000 000 CTC +
R510 000 CTC +
R625 000 CTC +
R850 000 CTC+
R1 150 000 CTC+
CompanySecretarial
1-3 Years
3-5 Years
6-10 Years
10+ Years
R425 000 CTC +
R560 000 CTC +
R750 000 CTC +
R950 000 CTC
R495 000 CTC +
R625 000 CTC +
R825 000 CTC
R1 050 000 CTC
R530 000 CTC +
R650 000 CTC +
R875 000 CTC +
R1 300 000 CTC+
AUDITING/CONSULTING FIRMS, COMPLIANCE AND CORPORATE GOVERNANCE
CORPORATECLIENTS
PQE LOW RANGE MEDIUM RANGE HIGH RANGE
ICT 1-3 Years
3-6 Years
6-10 Years
10+ Years
R485 000 CTC +
R650 000 CTC +
R875 000 CTC +
R1 300 000 CTC +
R530 000 CTC +
R725 000 CTC +
+
R975 000 CTC +
+
R1 550 000 CTC +
R610 000 CTC +
R775 000 CTC +
+
R1 250 000 CTC+
R1 800 000 CTC+
Telecommunication 1-3 Years
3-6 Years
6-10 Years
10+ Years
R425 000 CTC +
R575 000 CTC +
R725 000 CTC +
R1 050 000 CTC +
R500 000 CTC +
R625 000 CTC +
R800 000 CTC +
R1 350 000 CTC +
R535 000 CTC +
R675 000 CTC +
R835 000 CTC+
R1 700 000 CTC+
CORPORATE CLIENTS
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CORPORATECLIENTS
PQE LOW RANGE MEDIUM RANGE HIGH RANGE
Banking / General 1-3 Years
3-6 Years
6-10 Years
10+ Years
R450 000 CTC +
R575 000 CTC +
R750 000 CTC +
R1 050 000 CTC +
R495 000 CTC +
R630 000 CTC +
R825 000 CTC +
R1 250 000 CTC +
R525 000 CTC +
R710 000 CTC +
R900 000 CTC+
R1 550 000 CTC+
SpecialisedFinance(ie. Structured,
Project, Corporateand Treasury)
1-3 Years
3-6 Years
6-10 Years
10+ Years
R525 000 CTC +
+
R725 000 CTC +
R950 000 CTC +
R1 550 000 CTC +
R595 000 CTC +
R800 000 CTC +
R1 150 000 CTC +
R1 900 000 CTC +
R630 000 CTC +
R850 000 CTC +
R1 400 000 CTC+
R2 150 000 CTC+
ConstructionIndustry
1-3 Years
3-6 Years
6-10 Years
10+ Years
R430 000 CTC +
R610 000 CTC +
R810 000 CTC +
+
R1 100 000 CTC +
R480 000 CTC +
R700 000 CTC +
R900 000 CTC +
R1 450 000 CTC +
R530 000 CTC +
R740 000 CTC +
R980 000 CTC+
R1 700 000 CTC+
Mining Industry 1-3 Years
3-6 Years
6-10 Years
10+ Years
R525 000 CTC +
R695 000 CTC +
R925 000 CTC +
R1 500 000 CTC +
R600 000 CTC +
R750 000 CTC +
R1 100 000 CTC +
R1 850 000 CTC +
R640 000 CTC +
R810 000 CTC +
R1 350 000 CTC+
R2 150 000 CTC+
Parastatals
1-3 Years
3-6 Years
6-10 Years
10+ Years
R410 000 CTC +
R610 000 CTC +
R810 000 CTC +
R1 050 000 CTC +
R480 000 CTC +
R690 000 CTC +
R900 000 CTC +
R1 300 000 CTC +
R530 000 CTC +
R740 000 CTC +
R950 000 CTC+
+
R1 750 000 CTC+
Petrochemical /Energy Industry
1-3 Years
3-6 Years
6-10 Years
10+ Years
R460 000 CTC +
R660 000 CTC +
R825 000 CTC +
R1 150 000 CTC +
R530 000 CTC +
R710 000 CTC +
R910 000 CTC +
R1 300 000 CTC +
R610 000 CTC +
R750 000 CTC +
R1 000 000 CTC+
R1 650 000 CTC+
CORPORATE CLIENTS (continued)
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