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Use the Information Below to Answer the Following Questions

question 103

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Use the information below to answer the following questions.
Fact 10.3.1 Executive Pay
Executive compensation, based on performance, can theoretically constrain pay, but companies are paying their top executives more and more. The median compensation of a CEO in 2013 was $13.9 million, up 9 percent from 2012
Source: CNBC, April 28, 2014
-Refer to Fact 10.3.1. Paying executives with stock will


Definitions:

Law-Firm Personnel

Law-firm personnel include all individuals working in a law firm, such as lawyers, paralegals, legal assistants, and administrative staff, each contributing to the firm's operations and services.

Paralegals

Legal professionals who assist attorneys in the delivery of legal services, conducting legal research, drafting documents, and performing administrative tasks.

Legal Administrators

Professionals responsible for managing operations in law firms, corporate legal departments, or government agencies.

Office Manager

A person responsible for the smooth operation of the day-to-day administrative tasks within an office setting, ensuring organizational effectiveness and efficiency.

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