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Why isn't firm to inhouse back to firm more common?

I'd be an amazing firm deal lawyer after spending years inho...
Galvanic Poppy Gas Station
  02/12/19
Plenty of firms come calling, but why would I give up a good...
brilliant supple parlor
  02/12/19
dat hard skill atrophy.
maize twisted orchestra pit
  02/12/19
What skill? It's not like deal lawyers at firms are spending...
Galvanic Poppy Gas Station
  02/12/19
*responds to URGENT! 6:10 pm email at 10:45 the next morning...
maize twisted orchestra pit
  02/12/19
180
Wonderful nofapping macaca
  02/12/19
On the occasions I dealt with the government trademark lawye...
180 bisexual marketing idea church building
  02/12/19
trademark examining attorney roles are 100% WFH
Clear appetizing chad
  02/12/19
Can they live anywhere?
180 bisexual marketing idea church building
  02/12/19
yea after an initial 18 months in dc you can live in bumfuck...
Clear appetizing chad
  02/12/19
How does a late-30s lawyer with only a little trademark expe...
180 bisexual marketing idea church building
  02/12/19
whoa
nudist new version
  02/12/19
...
Crusty pearly point windowlicker
  02/12/19
...
ruby exciting school
  02/12/19
...
pearl fat ankles
  02/12/19
...
Bateful masturbator
  02/12/19
...
Dull step-uncle's house generalized bond
  02/13/19
In house lawyers can’t draft briefs.
onyx boiling water brunch
  02/13/19
bc BigLaw doesn't work on meritocracy nor on logic. See lock...
Garnet dead sex offender rigpig
  02/12/19
Cr. Biglaw is about commitment. It doesn't require that much...
Aromatic Fuchsia Heaven Nibblets
  02/12/19
sup harrison b
Jet aphrodisiac trailer park
  02/12/19
He is right about this, at least.
onyx boiling water brunch
  02/13/19
...
Bright travel guidebook liquid oxygen
  02/12/19
salary is that way because biglaw is based on community. who...
Chrome laughsome hospital
  02/12/19
...
maize twisted orchestra pit
  02/12/19
because firms assume anybody who jumped to inhouse early (&l...
well-lubricated mint mediation gay wizard
  02/12/19
Because being inhouse teaches you how to be efficient. Biglo...
Histrionic bossy theatre
  02/12/19
...
Salmon razzle voyeur center
  02/12/19
...
onyx boiling water brunch
  02/13/19
partnership is more about business development than being ab...
Clear appetizing chad
  02/12/19
...
Bright travel guidebook liquid oxygen
  02/12/19
This is correct but still makes no sense, and I think the St...
Rough-skinned Marvelous Lay
  02/12/19
...
Salmon razzle voyeur center
  02/12/19
firms are seconding juniors now
Wonderful nofapping macaca
  02/12/19
Because they want to use them as a business development tool...
onyx boiling water brunch
  02/13/19
Not a bad way to go. Imagine firms setting litigators up wit...
Wonderful nofapping macaca
  02/13/19
as opposed to mid-levels?
hyperactive carmine headpube
  02/13/19
Right, I see rising second- and third-years being seconded a...
Wonderful nofapping macaca
  02/15/19
Anyone remember the series of epic posts about how in-house ...
Electric Ultramarine Boistinker Stead
  02/12/19
Please link
onyx boiling water brunch
  02/13/19
We need that chink DevryMastersCandidate to weigh in here
Peach odious principal's office goyim
  02/12/19
Biglaw - Marine infantry in house - Air Force supply sergea...
Excitant citrine office mad-dog skullcap
  02/12/19
One is fun to do for 5 years. The other is far preferable to...
onyx boiling water brunch
  02/13/19
Why would anyone in-house ever want to go back to billing th...
Bateful masturbator
  02/12/19
Because most in-house is a cuckfest. It’s a pride thin...
chest-beating codepig resort
  02/13/19
As opposed to hopping up at 3am and sprinting to computer be...
Bateful masturbator
  02/13/19
It's not from a lack of effort. We get dozens of resumes a m...
Thriller Sable Kitchen Internal Respiration
  02/12/19
Are you a service partner or a rain maker brother
french arousing pit digit ratio
  02/13/19
I'm probably autistic, so I'm a service partner.
Thriller Sable Kitchen Internal Respiration
  02/13/19
Damn law sounds boring.
Electric Ultramarine Boistinker Stead
  02/13/19
Can I sleep at your apartment if my trial is in downtown la
french arousing pit digit ratio
  02/13/19
Sure
Electric Ultramarine Boistinker Stead
  02/13/19
Which is why they have to pay us a lot of money to do it.
Thriller Sable Kitchen Internal Respiration
  02/13/19
👌
Electric Ultramarine Boistinker Stead
  02/13/19
"a lot of money" lol...... we're all wagecucks,...
Vibrant national security agency
  02/13/19
I have made millions in the past 10 years working in biglaw....
Thriller Sable Kitchen Internal Respiration
  02/13/19
....thanks to your parents.
navy ticket booth french chef
  02/13/19
They helped me get off to a start without debt, but I'm talk...
Thriller Sable Kitchen Internal Respiration
  02/13/19
They also bought properties for you and paid your rent so it...
navy ticket booth french chef
  02/13/19
lmao
concupiscible fantasy-prone partner
  02/13/19
...
Clear appetizing chad
  02/13/19
180
Vibrant national security agency
  02/13/19
$1.8m after tax after 9-10 years is actually quite good, and...
Thriller Sable Kitchen Internal Respiration
  02/13/19
Just buy a bunch of are country investment properties while ...
orchid greedy locus incel
  02/15/19
LMAO and he’s talking about in-house mos not having th...
Soul-stirring azn property
  02/13/19
Dayum! He got knocked da fuck out!
Crusty pearly point windowlicker
  02/14/19
devastating. Someone please check DMC's anus for signs o...
godawful church
  02/15/19
...
Mind-boggling Roommate
  02/13/19
i worked many years in finance started in banking then buysi...
Vibrant national security agency
  02/13/19
His parents paid his rent and also bought properties for him...
navy ticket booth french chef
  02/13/19
WHy is he still in biglaw then? Seems retarded to waste your...
concupiscible fantasy-prone partner
  02/13/19
I tried being unemployed for about 3 months. It was awful an...
Thriller Sable Kitchen Internal Respiration
  02/13/19
What will you do after 50? By that point you wotn have any h...
orchid greedy locus incel
  02/14/19
get a normal 40 hr a week job
concupiscible fantasy-prone partner
  02/14/19
Can your parents also make some of their rich friends throw ...
Rough-skinned Marvelous Lay
  02/15/19
What positions have those inhouse folks applied for?
Histrionic bossy theatre
  02/13/19
Usually our M&A team. But we get a laughably large numbe...
Thriller Sable Kitchen Internal Respiration
  02/13/19
Seems idiotic to try to hire someone who was a former junior...
Rough-skinned Marvelous Lay
  02/13/19
Most of it comes down to being able to run a "biglaw&qu...
Thriller Sable Kitchen Internal Respiration
  02/13/19
in every thread of yours i've read you come off as a shitty ...
hyperactive carmine headpube
  02/13/19
To me, this reads like someone who has never been inhouse an...
Galvanic Poppy Gas Station
  02/13/19
My sample size is my experience at my firms obviously. I wil...
Thriller Sable Kitchen Internal Respiration
  02/13/19
u sound so korean here
Vibrant national security agency
  02/13/19
So glad I didn’t do corporate/M&A. I’ve been...
onyx boiling water brunch
  02/13/19
That's rich. Many clients do in fact care.
Thriller Sable Kitchen Internal Respiration
  02/13/19
You have an overblown sense of self importance.
Smoky indirect expression
  02/13/19
No, I am as important as my firm is willing to retain me and...
Thriller Sable Kitchen Internal Respiration
  02/13/19
painfully asian post
federal useless brakes school cafeteria
  02/15/19
genius actually. you go back and you have a loyal client in...
erotic gold toilet seat
  02/13/19
Lol any client worth having has an army of inhouse counsel, ...
Thriller Sable Kitchen Internal Respiration
  02/13/19
Lol at your employer paying you to continue working for them...
onyx boiling water brunch
  02/13/19
Biglaw wants young talent with sharp minds, not washed up 40...
Ocher painfully honest gaming laptop locale
  02/13/19
Once you go in house, you are deemed untouchable by firms. Y...
onyx boiling water brunch
  02/13/19
Sup Harrison
Bateful masturbator
  02/13/19
Most in house people would never consider going back to a fi...
navy ticket booth french chef
  02/13/19
Seems like there should still be exceptions. E.g. if I ge...
Rough-skinned Marvelous Lay
  02/13/19
Get your child support set at in-house levels....hmm, one we...
Crusty pearly point windowlicker
  02/14/19
...
concupiscible fantasy-prone partner
  02/13/19
I work in-house at a mega bank and it does happen here altho...
Smoky indirect expression
  02/13/19
I did biglaw -> inhouse in a location I didn't want to be...
Stimulating range
  02/13/19
Lol
Slimy tan jewess
  02/13/19
...
hyperactive carmine headpube
  02/13/19


Poast new message in this thread



Reply Favorite

Date: February 12th, 2019 1:11 AM
Author: Galvanic Poppy Gas Station

I'd be an amazing firm deal lawyer after spending years inhouse. No one who has never spent time in the client's shoes could ever do it as well as someone who has. Our highly paid outside counsel still doesn't get basic business realities or what we really want to hear from them.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767706)



Reply Favorite

Date: February 12th, 2019 11:05 PM
Author: brilliant supple parlor

Plenty of firms come calling, but why would I give up a good gig?

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37773836)



Reply Favorite

Date: February 12th, 2019 1:11 AM
Author: maize twisted orchestra pit

dat hard skill atrophy.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767709)



Reply Favorite

Date: February 12th, 2019 1:15 AM
Author: Galvanic Poppy Gas Station

What skill? It's not like deal lawyers at firms are spending time on legal knowledge beyond what a semi involved in house person is gathering as well.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767721)



Reply Favorite

Date: February 12th, 2019 1:17 AM
Author: maize twisted orchestra pit

*responds to URGENT! 6:10 pm email at 10:45 the next morning*

*has dog barking on conference call while wfh on thursdays and fridays*

*drafts dd memo in comic sans*

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767728)



Reply Favorite

Date: February 12th, 2019 2:29 AM
Author: Wonderful nofapping macaca

180

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767931)



Reply Favorite

Date: February 12th, 2019 2:35 AM
Author: 180 bisexual marketing idea church building

On the occasions I dealt with the government trademark lawyers, they always seemed to have a dog or cat in the background. I envied them.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767940)



Reply Favorite

Date: February 12th, 2019 2:37 AM
Author: Clear appetizing chad

trademark examining attorney roles are 100% WFH

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767946)



Reply Favorite

Date: February 12th, 2019 2:42 AM
Author: 180 bisexual marketing idea church building

Can they live anywhere?

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767954)



Reply Favorite

Date: February 12th, 2019 2:46 AM
Author: Clear appetizing chad

yea after an initial 18 months in dc you can live in bumfuck wyoming if you want

probably the best gov job if you just want to be a shut-in atty hermit

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767965)



Reply Favorite

Date: February 12th, 2019 2:48 AM
Author: 180 bisexual marketing idea church building

How does a late-30s lawyer with only a little trademark experience get such a job?

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767968)



Reply Favorite

Date: February 12th, 2019 8:14 AM
Author: nudist new version

whoa

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37768283)



Reply Favorite

Date: February 12th, 2019 7:22 AM
Author: Crusty pearly point windowlicker



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37768190)



Reply Favorite

Date: February 12th, 2019 8:03 AM
Author: ruby exciting school



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37768258)



Reply Favorite

Date: February 12th, 2019 8:16 AM
Author: pearl fat ankles



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37768290)



Reply Favorite

Date: February 12th, 2019 11:06 PM
Author: Bateful masturbator



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37773844)



Reply Favorite

Date: February 13th, 2019 9:04 PM
Author: Dull step-uncle's house generalized bond



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37778869)



Reply Favorite

Date: February 13th, 2019 9:26 AM
Author: onyx boiling water brunch

In house lawyers can’t draft briefs.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775060)



Reply Favorite

Date: February 12th, 2019 1:12 AM
Author: Garnet dead sex offender rigpig

bc BigLaw doesn't work on meritocracy nor on logic. See lockstep salaries (this is insanity).

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767710)



Reply Favorite

Date: February 12th, 2019 1:18 AM
Author: Aromatic Fuchsia Heaven Nibblets

Cr. Biglaw is about commitment. It doesn't require that much brainpower. It requires constant billing and willingness to put the client first at a moment's notice. Leaving biglaw shows lack of commitment to biglaw.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767731)



Reply Favorite

Date: February 12th, 2019 2:52 AM
Author: Jet aphrodisiac trailer park

sup harrison b

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767972)



Reply Favorite

Date: February 13th, 2019 9:28 AM
Author: onyx boiling water brunch

He is right about this, at least.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775063)



Reply Favorite

Date: February 12th, 2019 1:28 AM
Author: Bright travel guidebook liquid oxygen



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767753)



Reply Favorite

Date: February 12th, 2019 6:43 AM
Author: Chrome laughsome hospital

salary is that way because biglaw is based on community. who are we as a class but a sum of our peers.where would you be with the collective effort of others?

And when someone leaves the tribe are we required to take them back in like abused success

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37768133)



Reply Favorite

Date: February 12th, 2019 1:17 AM
Author: maize twisted orchestra pit



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767726)



Reply Favorite

Date: February 12th, 2019 1:18 AM
Author: well-lubricated mint mediation gay wizard

because firms assume anybody who jumped to inhouse early (<6 years) is a burnout

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767730)



Reply Favorite

Date: February 12th, 2019 1:23 AM
Author: Histrionic bossy theatre

Because being inhouse teaches you how to be efficient. Biglol don't want none of that shit

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767748)



Reply Favorite

Date: February 12th, 2019 10:35 AM
Author: Salmon razzle voyeur center



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37768865)



Reply Favorite

Date: February 13th, 2019 9:29 AM
Author: onyx boiling water brunch



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775066)



Reply Favorite

Date: February 12th, 2019 1:55 AM
Author: Clear appetizing chad

partnership is more about business development than being able to do the work well. the vast majority of firms / groups have an oversupply of service partners and don't need more people without clients to take service partner / counsel roles.

no one who's been in house for a while would want to go back to being an associate.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767818)



Reply Favorite

Date: February 12th, 2019 2:45 AM
Author: Bright travel guidebook liquid oxygen



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767962)



Reply Favorite

Date: February 12th, 2019 7:18 AM
Author: Rough-skinned Marvelous Lay

This is correct but still makes no sense, and I think the Stretch 4 that the Mavs just unloaded is right that it’s really more about only sharing the upside of biglaw with people who would never leave. There are tons of people in-house that build out huge networks of other in-house attorneys mainly to give themselves career options, but that same set of contacts could be tapped as a client base. E.g. I’m in tech and it’s been clear for the last five years that there’s a nexus of privacy and cybersecurity issues that most companies know too little about and where a legit expert in these areas could make bank if they just found some ways to turn their CLE presentations into some tailored transactional support, plus trainings/forms/playbooks. You regularly see people like this present at conferences and it’s obvious that tons of lawyers in the audience at these presentations would gladly sign up to pay tens of thousands of dollars in exchange for giving them a credible argument that their privacy and cybersecurity contracting terms and process are state of the art.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37768180)



Reply Favorite

Date: February 12th, 2019 10:36 AM
Author: Salmon razzle voyeur center



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37768870)



Reply Favorite

Date: February 12th, 2019 2:30 AM
Author: Wonderful nofapping macaca

firms are seconding juniors now

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767935)



Reply Favorite

Date: February 13th, 2019 9:32 AM
Author: onyx boiling water brunch

Because they want to use them as a business development tool. Hire a lawyer for one year at a firm, gently fire him by forcing him to go to the client after a secondment, and then hope he sends you business.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775068)



Reply Favorite

Date: February 13th, 2019 9:58 AM
Author: Wonderful nofapping macaca

Not a bad way to go. Imagine firms setting litigators up with clerkships. NOEXITOPTIONS.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775178)



Reply Favorite

Date: February 13th, 2019 9:09 PM
Author: hyperactive carmine headpube

as opposed to mid-levels?

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37778898)



Reply Favorite

Date: February 15th, 2019 8:23 PM
Author: Wonderful nofapping macaca

Right, I see rising second- and third-years being seconded at my and other firms.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37789682)



Reply Favorite

Date: February 12th, 2019 2:51 AM
Author: Electric Ultramarine Boistinker Stead

Anyone remember the series of epic posts about how in-house destroys your career skills and life?

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37767971)



Reply Favorite

Date: February 13th, 2019 9:32 AM
Author: onyx boiling water brunch

Please link

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775069)



Reply Favorite

Date: February 12th, 2019 8:12 AM
Author: Peach odious principal's office goyim

We need that chink DevryMastersCandidate to weigh in here

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37768279)



Reply Favorite

Date: February 12th, 2019 10:38 AM
Author: Excitant citrine office mad-dog skullcap

Biglaw - Marine infantry

in house - Air Force supply sergeant

hth

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37768882)



Reply Favorite

Date: February 13th, 2019 9:33 AM
Author: onyx boiling water brunch

One is fun to do for 5 years. The other is far preferable to do for 30 years.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775072)



Reply Favorite

Date: February 12th, 2019 11:06 PM
Author: Bateful masturbator

Why would anyone in-house ever want to go back to billing their time?

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37773847)



Reply Favorite

Date: February 13th, 2019 7:53 AM
Author: chest-beating codepig resort

Because most in-house is a cuckfest. It’s a pride thing.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774859)



Reply Favorite

Date: February 13th, 2019 9:49 AM
Author: Bateful masturbator

As opposed to hopping up at 3am and sprinting to computer because HANDSOME partner wants a document edited. Not cucky at all...

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775142)



Reply Favorite

Date: February 12th, 2019 11:52 PM
Author: Thriller Sable Kitchen Internal Respiration

It's not from a lack of effort. We get dozens of resumes a month, and maybe 1/3 are inhouse. We immediately throw inhouse resumes in the trash.

Why? Because we've tried to hire inhouse people. And they almost always fail. Some key failings:

-They have lost their attention to detail. Sounds funny, but it's true. An easy example: they'll delete a sentence that impacts several different clauses throughout the contract (for example, except as set forth in 4.2(b)(iii), and they just deleted 4.2(b)(iii)) but lost track of the fact that it is used in other parts of the contract.

-They are no longer "used" to biglaw hours or demands, and struggle to adjust, even though they had done the biglaw grind as junior associates.

-They have a hard time taking orders from more senior lawyers and dismiss their instructions as "you don't understand the client" when it's just the way law firms operate.

-They think all clients think like them, because afterall, they were the client. In fact, clients think differently to each other. So the issues flagged as material to this inhouse guy may miss what their (now) client really cares about.

-Their knowledge of substantive issues has dwindled. They have not kept up to date with regulatory and legal developments.

-Their drafting abilities have suffered since they hardly drafted as inhouse.

-They lack the experience. As an inhouse lawyer, how many M&A transactions does your company do a year? At biglaw, you're doing dozens (not all closing of course) each year. M&A is all you do, and the fact that you looked at supply contracts or employment issues as an inhouse counsel doesn't mean crap.

All M&A specific of course. Maybe they'll do better coming from a compliance role and moving to a regulatory role. Or maybe they'd succeed with a haircut, but we don't do haircuts at my firm.



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774146)



Reply Favorite

Date: February 13th, 2019 12:10 AM
Author: french arousing pit digit ratio

Are you a service partner or a rain maker brother

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774199)



Reply Favorite

Date: February 13th, 2019 1:22 AM
Author: Thriller Sable Kitchen Internal Respiration

I'm probably autistic, so I'm a service partner.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774418)



Reply Favorite

Date: February 13th, 2019 12:12 AM
Author: Electric Ultramarine Boistinker Stead

Damn law sounds boring.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774214)



Reply Favorite

Date: February 13th, 2019 12:15 AM
Author: french arousing pit digit ratio

Can I sleep at your apartment if my trial is in downtown la

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774226)



Reply Favorite

Date: February 13th, 2019 12:31 AM
Author: Electric Ultramarine Boistinker Stead

Sure

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774288)



Reply Favorite

Date: February 13th, 2019 1:23 AM
Author: Thriller Sable Kitchen Internal Respiration

Which is why they have to pay us a lot of money to do it.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774419)



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Date: February 13th, 2019 1:40 AM
Author: Electric Ultramarine Boistinker Stead

👌

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774469)



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Date: February 13th, 2019 7:56 AM
Author: Vibrant national security agency

"a lot of money" lol......

we're all wagecucks, myself included, until ur clearing $5mm+ or have a $50mm net worth.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774868)



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Date: February 13th, 2019 9:20 AM
Author: Thriller Sable Kitchen Internal Respiration

I have made millions in the past 10 years working in biglaw. I own 2 rental properties that are generating passive income every second of everyday.

Biglaw works out quite well if you know how to play the game.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775049)



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Date: February 13th, 2019 9:23 AM
Author: navy ticket booth french chef

....thanks to your parents.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775053)



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Date: February 13th, 2019 10:00 AM
Author: Thriller Sable Kitchen Internal Respiration

They helped me get off to a start without debt, but I'm talking about my taxable income earned from biglaw. It is well over $3 million gross for the past 10 years.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775192)



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Date: February 13th, 2019 12:04 PM
Author: navy ticket booth french chef

They also bought properties for you and paid your rent so it’s disingenuous to say the income from biglaw got you there. $3m gross over 10 years is ~$1.8m after taxes and not anywhere the type of cash that can purchase multiple rental properties in any large city. In fact, anything you didn’t have to spend to pay back loans and rent and other costs is what got you your assets, not income from biglaw.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775807)



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Date: February 13th, 2019 12:07 PM
Author: concupiscible fantasy-prone partner

lmao

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775828)



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Date: February 13th, 2019 12:22 PM
Author: Clear appetizing chad



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775906)



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Date: February 13th, 2019 12:51 PM
Author: Vibrant national security agency

180

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37776106)



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Date: February 13th, 2019 8:37 PM
Author: Thriller Sable Kitchen Internal Respiration

$1.8m after tax after 9-10 years is actually quite good, and you could easily buy multiple properties outside of NYC / SF. Dallas, Houston, Pheonix, college towns, etc, down payments can be well under $100k and sometimes under $50k.



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37778670)



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Date: February 15th, 2019 7:43 PM
Author: orchid greedy locus incel

Just buy a bunch of are country investment properties while living in a shoebox in hell’s kitchen, what could go wrong

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37789487)



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Date: February 13th, 2019 9:06 PM
Author: Soul-stirring azn property

LMAO and he’s talking about in-house mos not having the same “attention to detail” as firm lawyers

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37778879)



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Date: February 14th, 2019 2:51 PM
Author: Crusty pearly point windowlicker

Dayum! He got knocked da fuck out!

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37782268)



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Date: February 15th, 2019 11:34 AM
Author: godawful church

devastating.

Someone please check DMC's anus for signs of gaping.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37786801)



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Date: February 13th, 2019 10:21 AM
Author: Mind-boggling Roommate



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775263)



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Date: February 13th, 2019 9:47 AM
Author: Vibrant national security agency

i worked many years in finance started in banking then buyside (not going to divulge, no doobs)

i own rental properties too (not going to divulge no doobs)

i make as much as you and still feel poor

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775135)



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Date: February 13th, 2019 12:08 PM
Author: navy ticket booth french chef

His parents paid his rent and also bought properties for him and when he goes on vacation they’ll randomly give him like thousands to spend. It has nothing to do with biglaw income. Of course somebody with rich parents bankrolling your lifestyle is going to be better off.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775829)



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Date: February 13th, 2019 12:10 PM
Author: concupiscible fantasy-prone partner

WHy is he still in biglaw then? Seems retarded to waste your life working 60-70 hours a week when you have rich parents.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775843)



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Date: February 13th, 2019 8:38 PM
Author: Thriller Sable Kitchen Internal Respiration

I tried being unemployed for about 3 months. It was awful and boring after 4 weeks or so. When your friends are at work there is literally nothing to do. Working inhouse is not my thing and too old to try anything else.

That being said I plan on retiring by 50.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37778675)



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Date: February 14th, 2019 2:42 PM
Author: orchid greedy locus incel

What will you do after 50? By that point you wotn have any hobbies

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37782207)



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Date: February 14th, 2019 2:50 PM
Author: concupiscible fantasy-prone partner

get a normal 40 hr a week job

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37782260)



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Date: February 15th, 2019 10:22 AM
Author: Rough-skinned Marvelous Lay

Can your parents also make some of their rich friends throw you business so that you can make partner? If you have that kind of family money it would be insane to stay in biglaw as a 19th year associate/“income partner”/of counsel. Richies like you tend to have more success moving up in megacorp in-house bc the execs are more often high achievers and/or have finance backgrounds, so they’re the type of people who will award extra style points bc you wear nice/expensive work clothes, are well-mannered and drive a nice car that is always clean. They will say things like “he would do well in front of the customer” assuming you’re not a raging aspie.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37786434)



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Date: February 13th, 2019 12:14 AM
Author: Histrionic bossy theatre

What positions have those inhouse folks applied for?

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774224)



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Date: February 13th, 2019 1:24 AM
Author: Thriller Sable Kitchen Internal Respiration

Usually our M&A team. But we get a laughably large number of inhouse resumes with crap like "interested in M&A/corporate but also willing to do credit, tax, intellectual property, litigation and antitrust."

LJL!!! You're applying for a mid/senior associate position and you don't have an area of expertise?? LJL!!!! Typical inhouse "generalist I can do everything" mentality.

We once gave an offer to a former M&A associate who went inhouse to do mainly HR/employment work and she came in as a 6th year associate in our M&A team. We expected her to perform as a 6th year, and of course her juniors expected her to know what she was doing. She couldn't even handle the DD (basic crap like timing, managing review, flagging issues for further review, etc.) and the deal went to crap and she was fired at her next annual review.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774421)



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Date: February 13th, 2019 11:01 AM
Author: Rough-skinned Marvelous Lay

Seems idiotic to try to hire someone who was a former junior M&A associate to run deals when she hasn't done anything like that for years. You're setting the whole team up to fail. The problem here isn't that inhouse lawyers magically lose the ability to draft and do the work/bill. It's that law firms are so dogmatic about lockstep that they won't customize the arrangement more logically to set up an inhouse returner to succeed. The standard return from inhouse deal should be a 1-2 year moratorium period where the inhouse lawyer is paid like a third year or something to that effect and has to rapidly scale back to being a legit mid-level capable of operating independently. It's a disservice to clients to force someone like this to run deals as soon as she comes back, but that happens because biglaw mid-levels and senior associates gunning for partner don't want competition.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775461)



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Date: February 13th, 2019 9:04 PM
Author: Thriller Sable Kitchen Internal Respiration

Most of it comes down to being able to run a "biglaw" team and all the little details about transaction management that you just forget or never learn in-house. After a month or so of drafting, sure, someone who spent 3 years in biglaw then did 2 in inhouse and then came back to biglaw could have passable drafting and legal skills. However, they just wouldn't know how to do all the nitty gritty things like setting appropriate deadlines, managing the workstreams, giving clients updates, etc. There's a ton of little things you have to do as a 5th year and you learn it by repeating the same task over and over again.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37778866)



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Date: February 13th, 2019 9:19 PM
Author: hyperactive carmine headpube

in every thread of yours i've read you come off as a shitty biglawyer. what year are you?

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37778958)



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Date: February 13th, 2019 1:35 AM
Author: Galvanic Poppy Gas Station

To me, this reads like someone who has never been inhouse and probably has never actually hired someone back from inhouse, or at least not enough to have a relevant sample size.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774455)



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Date: February 13th, 2019 7:43 AM
Author: Thriller Sable Kitchen Internal Respiration

My sample size is my experience at my firms obviously. I will say, we get dozens of inhouse resumes, and I'm sure they apply to the same firms. And guess what? There are very few people in biglaw who spent time inhouse, and those who did typically only spent a year or two.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774841)



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Date: February 13th, 2019 7:55 AM
Author: Vibrant national security agency

u sound so korean here

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774865)



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Date: February 13th, 2019 9:38 AM
Author: onyx boiling water brunch

So glad I didn’t do corporate/M&A. I’ve been on calls with one M&A folks, where the M&A guys were trying to BS about every little clause and I couldn’t understand why in heavens they were doing it, and the client said “spare us the law school bloviating, this isn’t adding value bc this stuff doesn’t matter.”

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775081)



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Date: February 13th, 2019 10:01 AM
Author: Thriller Sable Kitchen Internal Respiration

That's rich. Many clients do in fact care.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775194)



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Date: February 13th, 2019 12:29 PM
Author: Smoky indirect expression

You have an overblown sense of self importance.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775946)



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Date: February 13th, 2019 9:01 PM
Author: Thriller Sable Kitchen Internal Respiration

No, I am as important as my firm is willing to retain me and as much as clients are willing to pay. No more, no less. If you don't like the fact that clients are paying $1,000/hour for my services, please take it up with them.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37778833)



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Date: February 15th, 2019 11:37 AM
Author: federal useless brakes school cafeteria

painfully asian post

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37786817)



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Date: February 13th, 2019 1:26 AM
Author: erotic gold toilet seat

genius actually. you go back and you have a loyal client in your old employer (assuming you ended in good terms).

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774425)



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Date: February 13th, 2019 1:27 AM
Author: Thriller Sable Kitchen Internal Respiration

Lol any client worth having has an army of inhouse counsel, each with their own "loyal" law firms.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774427)



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Date: February 13th, 2019 9:40 AM
Author: onyx boiling water brunch

Lol at your employer paying you to continue working for them at a firm at 10X the cost

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775093)



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Date: February 13th, 2019 8:00 AM
Author: Ocher painfully honest gaming laptop locale

Biglaw wants young talent with sharp minds, not washed up 40 somethings

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37774870)



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Date: February 13th, 2019 9:25 AM
Author: onyx boiling water brunch

Once you go in house, you are deemed untouchable by firms. You are deemed to lack commitment to the law firm lifestyle, etc.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775057)



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Date: February 13th, 2019 9:50 AM
Author: Bateful masturbator

Sup Harrison

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775145)



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Date: February 13th, 2019 9:27 AM
Author: navy ticket booth french chef

Most in house people would never consider going back to a firm due to lifestyle reasons.

Even if they’re crazy and do, biglaw also doesn’t hire anyone who gets “off track.”

Same with govt positions back to biglaw.

The only exception are GCs and US attys who go in as equity partner.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775062)



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Date: February 13th, 2019 10:56 AM
Author: Rough-skinned Marvelous Lay

Seems like there should still be exceptions.

E.g. if I get divorced (in which case my wife would likely get full custody) I would happily work 90 hour weeks and bill 60 hours a week to try to have some semblance of a decent income and ability to retire before 70. And I know enough now that I would actually be a legit weapon in diligence for any Tech M&A practice when I walk in the door, plus I would have a rolodex of strong contacts at 20 different companies that would all be great clients. Seems dumb to not want to take a two year flyer on someone like that.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775432)



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Date: February 14th, 2019 2:44 PM
Author: Crusty pearly point windowlicker

Get your child support set at in-house levels....hmm, one weird trick.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37782227)



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Date: February 13th, 2019 12:09 PM
Author: concupiscible fantasy-prone partner



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775841)



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Date: February 13th, 2019 12:35 PM
Author: Smoky indirect expression

I work in-house at a mega bank and it does happen here although it’s not super common. In the instances where I’ve seen it happen the in-house guy laterals into a firm as partner or counsel with the expectation that he’ll bring the mega bank work to the firm.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775989)



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Date: February 13th, 2019 9:30 AM
Author: Stimulating range

I did biglaw -> inhouse in a location I didn't want to be long term, but it was a decent job -> biglaw in a location I was going to live forever. Transition back wasn't that bad since I hadn't been in inhouse that long and was in biglaw for a decent amount of time before. Don't go full retard, don't go back unless you have to.

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37775067)



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Date: February 13th, 2019 12:58 PM
Author: Slimy tan jewess

Lol

(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37776150)



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Date: February 13th, 2019 9:17 PM
Author: hyperactive carmine headpube



(http://www.autoadmit.com/thread.php?thread_id=4199982&forum_id=2#37778948)