According to Altman Weil, the answer is yes. Of course, one should be very wary of studies like these. There are a lot of factors that are taken into consideration when corporations set salaries for attorneys. I wrote an article about this a few years ago. My data is a little dated, but the general … Read more
How can you increase your chances of becoming a GC? Competition is fierce for in-house jobs in general. Top law firm credentials are not enough to land one of these coveted positions. Law.com provides 10 tips from recruiters in Atlanta who place candidates in-house. For more on the subject, I wrote an article which answers … Read more
If you regularly speak to lawyers at large firms, you know that many plan to go in-house and become general counsel some day. The general perception is that going in-house offers better hours, more job security, a chance to earn a big pay out, an escape from time keeping and an opportunity to become part … Read more
Corporations have a harder time competing for experienced legal talent than they do competing for more junior talent. Large law firms clearly have the edge on base compesation. But corporations can use other incentives to attract more senior attorneys. An executive recruiter spells out the list which includes equity awards, incentive bonuses and more opportunities … Read more
Corporations are starting to create secondment programs. With these programs, associates work in-house for a client for a period of time. The company pays a lower rate for the associate, avoids search fees and has the chance to better educate their law firm about their business. The firm gets to strengthen its relationship with the … Read more
My latest article in Massachusetts Lawyers Weekly.
Going in-house may offer a number of advantages over law firm life. Most in-house lawyers do not have to track billable hours (at least not in 6 minute increments.) Also, working more closely with your client can mean fewer last minute deadlines. But in-house law departments are increasingly asked to do more with less. Corporate … Read more
Some very good advice for lawyers who are interviewing for in-house jobs.
Sounds like a great marketing opportunity (or perhaps a wakeup call to anyone with corporate clients.)
The General Counsel of Keane is interviewed by the Boston Business Journal. She shares her perspectives on what her relationship is like with outside counsel (e.g. when she calls up outside firms, what kinds of work she sends out, etc.)