Corporate Counsel magazine has conducted its annual survey of in-house counsel. The findings are consistent with prior years–i.e. that overall, in-house counsel are very happy with their jobs. The survey did find, however, that many in-house counsel do not seem room for advancement in their jobs.
Maybe one weakness of the survey is that it does not include in-house counsel who have lost their jobs and are now in the job market. Obviously, anyone who is unemployed (and wants to be) is not happy with their career. But the risks of losing your job seem far greater for in-house counsel and should be considered in evaluating what path you want your career to take.