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Reply to "Life after Big Law...Need Ideas for my next move"
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[quote=Anonymous]Can't tell what practice area you're in but government or in house in DC is going to be really really hard. Gov't is essentially frozen -- esp the agencies where biglaw skillsets tend to be useful. Sure lawyers are excepted positions, but that doesn't mean that there's hiring (at least not at my financial agency -- we've been told no hiring at all thru 2018). As for in house -- sorry but given that you don't have a solid book, chances are you also don't have the hugely solid contacts to where you call up 3 GCs you know really well and one can create a job for you. If you are basically just applying to the big companies in the area, you are competing with every senior associate being pushed out of biglaw (which is a LOT yearly since many of the DC firms are having business issues and can't even hold onto existing partners, let alone make new ones). Even though you're in your 40s and a partner, your experience likely isn't THAT different than what a senior associate could offer them -- and if I'm wrong and it is, by all means grab a bull horn and start telling every local GC and get yourself hired. Why not consider another firm? If you could get into a firm that's one step below where you are (thus lower comp but also lower rates), you may be able to develop a book. Or would you consider going counsel/non equity partner to a firm similar to yours or would that be too embarrassing? It could buy you a few years to keep looking for the gov't/in house gig? How are you in terms of income? Is there a base amount that you MUST make to support your lifestyle? Or are you someone who has made your money and has a few million in net worth already so you just need some income and something to do? I know partners in both boats and the latter is obviously way way easier and some of those people end up becoming passive investors, buy a franchise etc. instead of looking for a 40 hr/wk job.[/quote]
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