In January 2017, Major, Lindsey & Africa administered the Private Equity Lawyers Forum Annual Survey to the organization's membership. The Private Equity Lawyers Forum (PELF) is a professional standards and networking group for lawyers focused on private equity. Founded in May 2003 by Claire Wilkinson, senior compliance officer and legal advisor for CMO UK Limited, PELF promotes training and standards and offers career support to private equity lawyers.
Of the 250 PELF members, 80 members responded to the survey, resulting in a good sample size for comparison and analysis. We cross-analysed the responses to various questions, which allowed us to develop average profiles for
certain job titles. We also looked at compensation trends based on title, PQE, headquarters location and fund type. And looked at the data we compiled from the 2013 survey to develop trends and comparisons. Finally, new this year, we asked questions that revealed what employees value most in their organizations and when choosing an organization as well as predictions for growth in 2017.
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