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Risk of a layoff inhouse?

Bros, How realistic is it of a risk that an inhouse job m...
massive famous landscape painting stag film
  10/21/14
It's a big risk if you're on the target side, especially if ...
Brass Twisted Hall
  10/21/14
Im sure often you are aware of the transaction before hand u...
massive famous landscape painting stag film
  10/21/14
Agreed with caveat that risk is smaller if acquiror is not a...
supple principal's office
  10/21/14
(CSX General Counsel)
Harsh chartreuse hunting ground puppy
  10/21/14
Somewhat high, since you are a cost center. Non-GC in-house...
cowardly national security agency
  10/21/14
I'm trying to evaluate that risk going inhouse vs staying at...
massive famous landscape painting stag film
  10/21/14
If you're core transactional (particularly m&a) you migh...
supple principal's office
  10/21/14
it's basically impossible to assess the risk unless you know...
bipolar meetinghouse dysfunction
  10/21/14
Nutella, Do you have a throwaway email I could contact yo...
massive famous landscape painting stag film
  10/21/14
sure, nutella1@gmail.com i prob won't respond today but w...
bipolar meetinghouse dysfunction
  10/21/14
i responded. sorry it took me awhile!
bipolar meetinghouse dysfunction
  10/23/14
responded back. Thanks
massive famous landscape painting stag film
  10/27/14
im M&A & tech trans The inhouse job is a little bit...
massive famous landscape painting stag film
  10/21/14
He who liveth by the M&A, dieth by the M&A
twinkling duck-like stage haunted graveyard
  10/21/14
Be chill & fratty with the outside firm doing the M&...
Brass Twisted Hall
  10/21/14
good friend of mine copped an in house gig. Within 6 months ...
brilliant gaming laptop garrison
  10/21/14
Is that what happens to most legal staff in an acquisition? ...
massive famous landscape painting stag film
  10/21/14
9 months severance is pretty sweet.
cowardly national security agency
  10/21/14
...
Slap-happy Crimson University
  10/21/14
...
Swashbuckling vermilion messiness institution
  10/23/14
...
flickering snowy school cafeteria stock car
  02/26/15


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Date: October 21st, 2014 3:21 PM
Author: massive famous landscape painting stag film

Bros,

How realistic is it of a risk that an inhouse job may be eliminated due to a merger or acquisition.

Typically, how much time do they give you to find another job?

I have roughly 2.5 years of "regional biglaw" experience.

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26559992)



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Date: October 21st, 2014 3:27 PM
Author: Brass Twisted Hall

It's a big risk if you're on the target side, especially if you're transactional, securities or some other type of corp and will be redundant. You're a bit safer if you're in with a business line, but after integration you'll probably be on your ass.

As to how much time...the time between closing and 9 a.m. the next day. It's no secret.

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560019)



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Date: October 21st, 2014 3:35 PM
Author: massive famous landscape painting stag film

Im sure often you are aware of the transaction before hand usually a couple of months right?

They will lay you off right after the merger or acquisition?



(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560057)



Reply Favorite

Date: October 21st, 2014 4:01 PM
Author: supple principal's office

Agreed with caveat that risk is smaller if acquiror is not a strategic

Even if strategic you probably have 6-12 months of safety for post-closing integration window

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560193)



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Date: October 21st, 2014 3:29 PM
Author: Harsh chartreuse hunting ground puppy

(CSX General Counsel)

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560024)



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Date: October 21st, 2014 4:03 PM
Author: cowardly national security agency

Somewhat high, since you are a cost center. Non-GC in-house counsel are often the first to be cut, even without a merger.

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560203)



Reply Favorite

Date: October 21st, 2014 4:21 PM
Author: massive famous landscape painting stag film

I'm trying to evaluate that risk going inhouse vs staying at my law firm for another year before leaving.

If I get axed, will it suck a lot more for someone who only has 2.5 years of law experience vs someone that might have 3 or 4 years?

Any risk that if the GC gets replaced the whole staff might get replaced?

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560330)



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Date: October 21st, 2014 4:52 PM
Author: supple principal's office

If you're core transactional (particularly m&a) you might be able to get back to a firm relatively quickly if you had some good experience before going in-house--from that perspective the more years the better

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560538)



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Date: October 21st, 2014 5:13 PM
Author: bipolar meetinghouse dysfunction

it's basically impossible to assess the risk unless you know what type of company this is and how realistic they are a target for an acquisition. for instance, you didn't say if they're a public or private company. i work at a private company and they are at a higher risk for being acquired than a public one. that is just one of many factors.

i can say that w/o knowing more, if you have 2.5 years of law firm experience and 1.5 of in-house, you will be a lot more desirable for another in-house position than 4 years of law firm experience. you will not be able to go back to a firm after you leave though.

also, it's more likely that you'll get "the talk" by the law firm before you land another in-house position than you being out on the streets b/c your company was acquired.

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560638)



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Date: October 21st, 2014 5:20 PM
Author: massive famous landscape painting stag film

Nutella,

Do you have a throwaway email I could contact you with?

Thanks!

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560693)



Reply Favorite

Date: October 21st, 2014 5:25 PM
Author: bipolar meetinghouse dysfunction

sure, nutella1@gmail.com

i prob won't respond today but will do so next few days.

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560737)



Reply Favorite

Date: October 23rd, 2014 2:01 PM
Author: bipolar meetinghouse dysfunction

i responded. sorry it took me awhile!

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26571678)



Reply Favorite

Date: October 27th, 2014 7:46 AM
Author: massive famous landscape painting stag film

responded back. Thanks

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26595020)



Reply Favorite

Date: October 21st, 2014 4:56 PM
Author: massive famous landscape painting stag film

im M&A & tech trans

The inhouse job is a little bit of everything. I'm a little worried about a possible merger or acquisition if it were to happen. I don't want to go on the streets...

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560562)



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Date: October 21st, 2014 4:59 PM
Author: twinkling duck-like stage haunted graveyard

He who liveth by the M&A, dieth by the M&A

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560575)



Reply Favorite

Date: October 21st, 2014 6:58 PM
Author: Brass Twisted Hall

Be chill & fratty with the outside firm doing the M&A and then ask for their help landing you somewhere.

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26561091)



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Date: October 21st, 2014 4:58 PM
Author: brilliant gaming laptop garrison

good friend of mine copped an in house gig. Within 6 months of her getting hired, her company got acquired by some other company. She had two choices, move to Dallas to the new company's headquarters, or take a 9 month severance. She chose the latter.

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560569)



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Date: October 21st, 2014 5:01 PM
Author: massive famous landscape painting stag film

Is that what happens to most legal staff in an acquisition? or do they just axe you?

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560584)



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Date: October 21st, 2014 5:02 PM
Author: cowardly national security agency

9 months severance is pretty sweet.

(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26560588)



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Date: October 21st, 2014 7:06 PM
Author: Slap-happy Crimson University



(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26561113)



Reply Favorite

Date: October 23rd, 2014 2:06 PM
Author: Swashbuckling vermilion messiness institution



(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#26571719)



Reply Favorite

Date: February 26th, 2015 2:52 AM
Author: flickering snowy school cafeteria stock car



(http://www.autoadmit.com/thread.php?thread_id=2705911&forum_id=2#27393830)