In-House Jobs Not So Cushy or Exciting
Law Firm Marketing
If you think a jump from a law firm to an in-house position is the ticket to a cushy, stress-free job, think again. The life of an in-house lawyer is not exactly a bed of roses.
That’s the assessment of Gloria Noh Cannon, a former in-house lawyer who is now the managing director of BCG Attorney Search. She says that overall her in-house experience was a good one, but some aspects of the job didn’t live up to expectations. She decided to forewarn other lawyers considering a move in an article she wrote for LawCrossing on the five myths of in-house law practice.
She says the myths are:
Better hours and a better lifestyle await. Cannon worked anywhere from 10 to 14 hours a day in-house and never had any downtime. “Part of the reason for the craziness of the days was that there was no longer a buffer between me and my ‘clients’— i.e., the businesspeople within my company—who would often appear in my office if I did not respond immediately to their phone calls or emails,” she wrote.
If the job doesn’t work out, a return to private practice is possible. Cannon says law firms may fear a deterioration of lawyering skills or a lack of commitment to staying on long-term.
The work will be more exciting because in-house lawyers are at the center of the action. In-house counsel often get more mundane compliance and employment matters while the complicated issues are farmed outside, Cannon advises.
In-house pay rivals that of law firms. The days of lawyers leaping to high-tech startups with the promise of a big future payday are over. Most lawyers should expect a pay cut, Cannon says. Compensation structures are different, and often a significant portion of in-house pay comes in the form of a discretionary annual bonus.
In-house jobs are more secure. In-house lawyers aren’t profit centers, and companies may see in-house lawyers as expendable in a downturn, Cannon says.
Cannon’s conclusions aren’t shared by everyone. An article in the Fulton County Daily Report says in-house counsel are more likely nowadays to return to private practice with law firms. Frederick Krebs, president of the Washington-based Association of Corporate Counsel, told the publication that this is because of the increased stature of in-house jobs.
"It used to be a one-way street from law firm to in-house," Krebs said. "Now, you see much more of people going both ways."
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In addition to medical expenses, death benefits, funeral costs and/or indemnity benefits for lost wages and loss of earning capacity resulting from a compensable injury, workers’ compensation insurance carriers also expend considerable dollars for case management costs, medical bill audit fees, rehabilitation benefits, nurse case worker fees, and other similar fees. They also incur other expenses in conjunction with the handling and adjusting of workers’ compensation claims. Workers’ compensation carriers typically assert, of course, that, they are entitled to reimbursement for such expenditures when it recovers its workers’ compensation lien. Injured workers and their attorneys disagree.