In-house bros: how chill are your days on average?
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Date: January 9th, 2025 4:57 PM
Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,....,
How big is your company and where are you on the totem pole?
(http://www.autoadmit.com/thread.php?thread_id=5661555&forum_id=2).#48537478) |
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Date: January 9th, 2025 5:06 PM
Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,....,
(http://www.autoadmit.com/thread.php?thread_id=5661555&forum_id=2).#48537540) |
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Date: January 9th, 2025 5:54 PM
Author: ,.,.,.,........,....,,,..
It’s still better than at a firm. Far fewer actual hours worked. When shit hits the fan the response is to forward it to outside counsel, not do a bunch of work on your own. Partners treat you nice because you’re the client. Business colleagues treat you nice because they’re not lawyers and have respect for lawyers. Just the constant pinging about issues day and night is annoying. Also sucks managing people and being a figurehead. The sweet spot was like 5 years ago when comp was similar, liquidity events more regular, and when I was more mid level so no one expected anything of me.
(http://www.autoadmit.com/thread.php?thread_id=5661555&forum_id=2).#48537776) |
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Date: January 10th, 2025 8:49 AM
Author: ,.,.,.,........,....,,,..
Yep. Especially if it’s an exec and his team has already marched something all the way to the goal line or even implemented it without legal review and then there are problems. Or litigation or other disputes. Or if m&a, it is just like a month or more of life gone, no real financial incentive for you on buy side other than theoretical increase to equity value.
(http://www.autoadmit.com/thread.php?thread_id=5661555&forum_id=2).#48539341) |
Date: January 9th, 2025 7:39 PM Author: turtledood
Not chill at all. Always leading big deals. Managing projects. Dealing with miscellaneous fires. Managing teams / people.
That said, thoroughly enjoy it and would thoroughly hate being at a firm.
(http://www.autoadmit.com/thread.php?thread_id=5661555&forum_id=2).#48538231) |
Date: January 10th, 2025 7:37 AM Author: Justice for Armpit and Blanket!
No longer in-house, but when I was, it was kind of wretched because after a salesdood took over CEO, corp management started to think of legal as a cost center. Arguments like "I'm saving you $40 million by working out this shitty dealer who was using us as his working capital facility" aren't intelligible to salesdoods who only think about the top line and don't know what a cost of capital is.
I wound up doing a lot of what external counsel should have been doing bc I had to make my own numbers look better, and that meant a lot of really long days of research and structuring, followed by distro to external counsel, followed by "yeah okay we're signed off, p.s. that will be $50k for the signature." Not worth it for comp of ~$260k (albeit in lower COL area than biglaw.) Left for greener pastures as soon as I could. The only good part was that I had to build many skills and so much experience that I worked up a big title and deal record, and it wasn't too hard to leave.
(http://www.autoadmit.com/thread.php?thread_id=5661555&forum_id=2).#48539279) |
Date: January 10th, 2025 8:00 AM Author: Fucking Fuckface
Generally the nature of the work is way better unless you're one of those people who get off on raw deal numbers or "complexity(!!)". You actually do things that feel meaningful and aren't parasitic.
The amount of work varies a ton company to company. Your level and focus are the primary predictors, as well as the nature and size of the company (public, private, PE, sub $500 n revenue, multi-billion revenue, etc.).
Current gig is not chill and due to commercial leadership failures, the comp will be terrible for the level I'm at. If we hit targets it would be ok (nearly 500 cash and 250 - 333 annual equity accrued to be paid out on a liquidity event). I have no confidence in my commercial leaders and will leave soon if possible.
(http://www.autoadmit.com/thread.php?thread_id=5661555&forum_id=2).#48539299)
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Date: January 10th, 2025 8:45 AM Author: ADA-compliant Monkey Bars
Very chill on average with like two weeks of intense work per quarter. Zero weekends and truly 8-5 with 90-minutes at the gym. Four to five hours of real work per day.
Hardest thing I do is draft bespoke agreements. Most mind-numbing thing is corporate governance.
(http://www.autoadmit.com/thread.php?thread_id=5661555&forum_id=2).#48539336) |
Date: January 10th, 2025 12:40 PM
Author: ........,,,,,,......,.,.,.,,,,,,,,,,
I work at generic F500. Comp is $250 base plus 25% bonus. I consider this to be a really good salary for flyover.
It's a pretty standard 9-5, and by that I mean everyone works like 4 hours a day, spend 2 hours a day on calls i half pay attention to, and spend 2 hours just dicking around gossiping. Usually people stop working about noon on Fridays if not busy.
It's a lot better than big law because you're not redlining some 200 page agreement just to show you read the fucking section. Like I might ask the client if we can use the other party's pictures or if we need to run it by the other party, I'm not spending 10 drafts going back and fortha s to wheter its a "worldwide, non-exclusive, royalty-free license" or any of that other shit that makes that section 2 pages in some documents.
For the most part we just think about the term, indemnification provisions, and payment - and then actually take a minute to think about what might actually go wrong on the deal.
(http://www.autoadmit.com/thread.php?thread_id=5661555&forum_id=2).#48539851) |
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