In house counsel, in house questions
May 31, 2012 6:59 AM Subscribe
Fellow lawyers: If all goes well, I hope to be extended an offer to go in house at a bank, after 7 years at big firms. Is there anything I should know, or any advice you can give?
posted by 5845(f)(1)(D) to Work & Money (15 answers total) 8 users marked this as a favorite
The in-house position would be a great opportunity, and I would almost certainly accept if given the offer. Is there anything I should know about going in house? Obviously, I'm at the end of the hiring process, and I've been interviewed by a dozen or so people already--so I do know a lot about the bank and how work gets done; how the lawyers interact with the bankers; what research resources are available; how the legal team works with each other and with outside counsel, etc.
I haven't yet asked about whether they support pro bono work, and some of the soft benefits (covering CLE, bar fees (and how many; I'm admitted in multiple jurisdictions))--the kind of stuff you would likely ask at the offer stage.
What might I be overlooking? What did you learn the hard way when you went in house? What should I ask before I accept?
Bonus question: I'm good at what I do and I work hard. But I'm a bit burned out from the law firm rat race, and a lot of what I'd be doing would be new to me. I feel totally scattered right now, and shaking up my practice is intimidating. I think the more predictable hours at a bank--time to recharge, time to exercise--will help get my mind on straight again, and I would take a little time off before starting. But I gots the jitters. Any advice on calming the nerves in these scenarios?