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Reply to "Go inhouse or stay at firm?"
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[quote=Anonymous][quote=Anonymous]I'm counsel at a biglaw firm on reduced hours schedule. Pay is pretty good and my hours are generally fine (ie rarely work weekends or late nights). There's always the concern about a downturn or my practice group getting slow at some point, leading perhaps to layoffs. That's just the nature of firms these days I guess.[b] An inhouse job came up which pays a lot less - about 66% of my current pay, though if you add bonus, probably more like 80-85%. It's a big, stable company and one I could stay at til I retire, barring any major issues[/b]. They seem very busy so I might actually work more than I do right now but I'm guessing this is cyclical and there would at least not be the billing pressure. Most of me feels like I should just stay at my firm and keep making money while I can and if it looks like I should move on down the road, pick up the job search then. Especially since the salary at this opportunity is frankly on the lower end of what I've seen on the inhouse market so far. I figure I should be able to find something at least as good as this money-wise and likely better. Or perhaps even try to move into government at some point. I'm pretty risk averse which is the only reason I'm even considering this position - firms not being all that stable these days. But then again, it's not like inhouse jobs are totally secure either. But with a lot less pay. Curious to know if anyone has gone through a similar decision or have other thoughts in favor of an inhouse job that I'm not considering. Thanks. [/quote] Do not assume that in-house is more stable than is a law firm. I work at a "big, stable" company with a lot of work and periodically they clean house.[/quote]
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