Is Corporate Law worth it?

zoosermom
Sun, 14 Jul 2013 00:25:05 +0000

One thing to keep in mind in terms of moving in house is that many companies use their outside firms as feeders for their legal departments. In addition to the connections, the company gets the security of knowing that this person has a great deal of institutional knowledge of its business. In most places, the practice of law is almost incestuous and there won’t be more than two degrees of separation between pretty much anyone with experience in the field and anyone else. And Cartera is right about finances. It is an accepted truism in law firms that associates need to pay off their law school debt ASAP so they can afford to go in house or to public interest. Sadly, I have personally known ore than a few who came to their partnership year and hadn’t done that, so when they didnt make partner and had to leave their firms, they were in deep trouble.