12 Oct, 2021

INTERVIEW WITH A GENERAL COUNSEL: IN-HOUSE V. LAW FIRM (PART II)

Hope you had a relaxing weekend. Here’s the second part of the post from last week: “insights into the differences between working as a counsel, ACG and GC in-house and as a partner at a law firm.”

+ In-house you’ll have the ability to not only work with legal & compliance professionals, but also with a wide range of business professionals. Whereas at a law firm, you typically work with the GC & the legal department of a company & a select few business professionals.

+ When you’re at a law firm, your advice is sometimes more readily accepted by the client. In-house, your advice is subject to greater scrutiny and questioning.

+ While law firm partnership compensation models may vary, there is typically greater incentive at a law firm to build a book of business. There is rarely something analogous in-house.

+ In-house, you will typically work the hours that your company works. Law firms tend to me more of a round the clock model.

+ Very often, law firm partners wind up going in house to companies that they get to know well.

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