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In-House Counsel, Taking Qs and Giving Advice
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Date: June 25th, 2018 1:04 PM Author: olive site (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306152) |
Date: June 25th, 2018 1:09 PM Author: Magical useless theater stage newt How long have you been an inhousemo. Do you dream about going solo, or is it still worth it?
I'm using my current in-house gig for connections etc (it's a solid player in my industry) but grinding it out for GC is killing my soul a little bit. I want to go solo and be my own boss and all that. Is there hoap? |
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Date: June 25th, 2018 1:13 PM Author: olive site I've been in-house in 2 places - a small business and a megacorp. Total, something like 7 years and some change.
I have never dreamed of going solo. In fact, I've never even understood why people desire this. But there are plenty of solos here on XO who are in a better position to answer your qs. |
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Date: June 25th, 2018 1:16 PM Author: Magical useless theater stage newt Then tell me why you stay. I'm working more and more for someone else and if I'm going to work this hard, I'd rather it be on my own accord than someone who sees me as a line item at the end of the day. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306223) |
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Date: June 25th, 2018 1:20 PM Author: olive site 1) I enjoy my work and my area
2) The WFH (see below)
3) The stability. I used to work for a small business and the constant booms and busts are exhausting. I like knowing what my salary will be, that I can take vacation, that there's the potential for a promotion. Overall, it is a pretty good lifestyle. Yes, it does involve a lot of work but everything lucrative does. |
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Date: June 25th, 2018 1:42 PM Author: Magical useless theater stage newt Thanks for taking the time btw. I’m relatively junior for my title, so I’m still sticking with it. 4 weeks vacation also. Things are beginning to go to shit with a new exec team, and hoping that a wfh arrangement could make it more palatable. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306377) |
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Date: June 25th, 2018 1:53 PM Author: olive site Good luck. Look, do what you want. Once you have enough experience, you can leave, try solo, and if you don't like it or it doesn't work out you can find a new in-house job assuming the economy cooperates. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306460) |
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Date: June 25th, 2018 1:14 PM Author: Outnumbered Frum Public Bath Roommate what is your current salary? where will you top out? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306215) |
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Date: June 25th, 2018 1:18 PM Author: olive site $200-$250k, depending on bonus, profit sharing, etc.
If I get the promotion I'm gunning for I'll be getting ~$300k and will probably just stay where I am at that point, assuming that happens.
Keep in mind, I work from home like 90% of the time. This is a huge draw for me. I also get over 4 weeks of vacation. |
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Date: June 25th, 2018 1:43 PM Author: aqua disrespectful stage How old are you? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306387) |
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Date: June 25th, 2018 1:53 PM Author: olive site Mid-30s. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306461) |
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Date: June 25th, 2018 1:54 PM Author: aqua disrespectful stage Ylol (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306466) |
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Date: June 25th, 2018 1:57 PM Author: olive site ? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306496) |
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Date: June 25th, 2018 2:02 PM Author: fear-inspiring grizzly cumskin 37-38 is no longer mid-30s dude! (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306538) |
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Date: June 25th, 2018 2:04 PM Author: olive site Wait, no? Well fuck. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306549) |
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Date: June 25th, 2018 2:18 PM Author: appetizing philosopher-king (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306674) |
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Date: June 25th, 2018 1:43 PM Author: Titillating Cordovan Electric Furnace Old Irish Cottage how much of your identity is tied to being in-house counsel? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306389) |
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Date: June 25th, 2018 1:54 PM Author: olive site Well ITT it is essential. But realistically, for people that work a lot their jobs are inevitably a large part of their identities. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306465) |
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Date: June 25th, 2018 1:54 PM Author: territorial volcanic crater 110% (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306467) |
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Date: June 25th, 2018 1:58 PM Author: olive site Labels you NON-COMPLIANT (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306500) |
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Date: June 25th, 2018 2:10 PM Author: Supple persian How do you deal with stress when a big deadline is approaching? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306606) |
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Date: June 25th, 2018 2:15 PM Author: olive site Power through it. Focus on the task at hand and try to get it done. Once it is done you feel better. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306650) |
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Date: June 25th, 2018 2:15 PM Author: fear-inspiring grizzly cumskin He cracks open a hard cider (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306652) |
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Date: June 25th, 2018 2:15 PM Author: olive site That is for when the task at hand is complete. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306657) |
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Date: June 25th, 2018 2:13 PM Author: Outnumbered Frum Public Bath Roommate Have you ever used cocaine? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306636) |
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Date: June 25th, 2018 2:14 PM Author: olive site Nope. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306646) |
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Date: June 25th, 2018 2:18 PM Author: Outnumbered Frum Public Bath Roommate Y (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306673) |
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Date: June 25th, 2018 2:35 PM Author: olive site I've always avoided drugs. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306779) |
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Date: June 25th, 2018 2:36 PM Author: Outnumbered Frum Public Bath Roommate hmm (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306780) |
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Date: June 25th, 2018 2:36 PM Author: olive site No gut? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306783) |
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Date: June 25th, 2018 2:17 PM Author: trip hot orchestra pit Transactional? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306666) |
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Date: June 25th, 2018 2:19 PM Author: olive site Specialty area. I also represent a line of business (LOB). (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306682) |
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Date: June 25th, 2018 2:35 PM Author: Outnumbered Frum Public Bath Roommate lob friend? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306777) |
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Date: June 25th, 2018 2:55 PM Author: Violent Pervert Coldplay Fan what does the parlance "representing a line of business" mean? never heard it. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306899) |
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Date: June 25th, 2018 2:55 PM Author: Dun bateful pozpig immigrant Sounds like an insurance company. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306906) |
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Date: June 25th, 2018 2:58 PM Author: olive site Nope. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306925) |
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Date: June 25th, 2018 3:01 PM Author: olive site Megacorps do this a lot. There are two kinds of lawyers in large legal departments - specialists ("I do tax and I do it for everyone") and people that are lawyers for a specific part of the business and each part of the business is an LOB ("I represent the EMEA and LATAM parts of our Enterprise business"). LOB lawyers are the first line of contact for that part of the business, so if I get a labor law question for my portion of the business, I connect them with the labor lawyers. Now, most work in my LOB relates to my specialty area, so there's a reason why they did it this way. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306943) |
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Date: June 25th, 2018 3:16 PM Author: Supple persian Fascinating. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36307057) |
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Date: June 25th, 2018 7:10 PM Author: aqua disrespectful stage (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36308442) |
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Date: June 25th, 2018 10:23 PM Author: frisky multi-colored spot (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36309517) |
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Date: June 25th, 2018 10:26 PM Author: olive site And let me tell you about weekly reports! They're just a hoot and a holler! (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36309534) |
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Date: June 25th, 2018 3:18 PM Author: Angry Kink-friendly Resort lmfao at this opaque job description (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36307078) |
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Date: June 25th, 2018 3:02 PM Author: ivory stirring nursing home double fault do you consider yourself theological yes or no (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306948) |
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Date: June 25th, 2018 3:03 PM Author: olive site Aside from our aspie semantic argument in the other thread, it is a weird usage of the term. Just like a have a STEM grad degree but don't consider myself "scientific." (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306962) |
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Date: June 25th, 2018 3:06 PM Author: ivory stirring nursing home double fault cr friend (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36306980) |
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Date: June 25th, 2018 3:17 PM Author: Angry Kink-friendly Resort If you're a lawyer, why are your debate/argumentation skills so poor and unrefined? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36307065) |
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Date: June 25th, 2018 3:17 PM Author: ivory stirring nursing home double fault tmf #1 orator in russia BREH (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36307068) |
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Date: June 25th, 2018 4:18 PM Author: Tan juggernaut Do you ever feel any of the following things about your career decision:
(1) You're paid enough to be comfortable, but not enough to really build any real wealth such that you can escape the rat race. Even counsels at lower tier biglaw are making 2X. Absent making GC somewhere, you can't get a ton of $.
(2) you don't really build or create anything whatsoever.
(3) You basically have no control over your existence. Some megacorp bureaucracy decides your future. |
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Date: June 25th, 2018 4:25 PM Author: olive site 1) Yes, of course. That's the UMC trap. Btw, people making 2x as much look at those that make 2x as much as they do, etc.
2) Actually, no, I feel like I'm actually useful.
3) For sure and this is probably the worst thing. |
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Date: June 25th, 2018 4:35 PM Author: Supple persian Re: #2, he didn’t ask you if you were useful. He asked if you create or build anything. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36307615) |
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Date: June 25th, 2018 4:38 PM Author: olive site I'm in a more tech-oriented role, so I can safely say that I do. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36307634) |
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Date: June 25th, 2018 4:40 PM Author: Outnumbered Frum Public Bath Roommate did you, like ARE REPTILE, create an insurance product? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36307649) |
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Date: June 25th, 2018 4:41 PM Author: olive site lolno. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36307656) |
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Date: June 25th, 2018 7:11 PM Author: aqua disrespectful stage Lol you are a data protection monkey. Fuck off (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36308448) |
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Date: June 25th, 2018 4:38 PM Author: Angry Kink-friendly Resort TMF: bashing my lifestyle in one thread
TMF: laments his own lifestyle |
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Date: June 25th, 2018 4:40 PM Author: olive site I don't lament my lifestyle. I'm just a realist. I hate ridiculous tools that try to act like everything in their lives is perfect (RSF, for example). It never holds water. I know that I have it good but I also realize that there are areas that could be better. Those are some examples. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36307647) |
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Date: June 25th, 2018 7:10 PM Author: aqua disrespectful stage (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36308445) |
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Date: June 25th, 2018 8:02 PM Author: mint diverse base how often do you use external & how do you manage them (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36308729) |
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Date: June 25th, 2018 10:20 PM Author: olive site Periodically.
By sending them emails and scheduling calls? You basically use them as external contractors. The extent of management depends on the task. For some things you just get warm bodies that supplement your team, for others you just send to them and get work product back.
I will say that choosing them is probably the most interesting thing. Basically, you have a few go-to firms that you like for a variety of reasons, like that they helped you out without a fee on something and they have really strong knowledge of the subject area. |
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Date: June 25th, 2018 9:13 PM Author: White cheese-eating lay indirect expression what are your hours like? how often do you have stressful fire drills? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36309130) |
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Date: June 25th, 2018 10:21 PM Author: olive site Probably 50ish hours a week which can be as little as 40 or as much as 60. I tend to break that up and do a few hours over the weekend and do some work most evenings. But there's no commute most days so that helps. (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36309510) |
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Date: June 26th, 2018 2:45 AM Author: aqua disrespectful stage This sounds like shit for 200k in NYC (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36310496) |
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Date: June 25th, 2018 10:22 PM Author: Supple persian How do you sort your outlook? Do you have lots of sub folders? Do you file away emails as they come in? (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36309513) |
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Date: June 25th, 2018 10:26 PM Author: olive site You know, when I started at my current job I was 100% committed to creating smart subfolders and filing everything. Like at a firm you always do this because otherwise keeping various matters organized is awful. Probably within 6 months this all fell apart and my inbox is largely unsorted. I did the same thing for my calendar (different color coding for different projects/types of meetings) and now it is all just red (stuff I really need to attend) and not red (stuff I don't).
We don't "file emails" (or at least I don't).
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Date: June 25th, 2018 10:54 PM Author: Supple persian What’s your ratio of red to not red on a typical day (http://www.autoadmit.com/thread.php?thread_id=4009872&forum_id=2#36309682) |