Exec Comp to In-house Position? Forum

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PennJD83

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Exec Comp to In-house Position?

Post by PennJD83 » Fri Feb 19, 2016 10:06 pm

I am a junior corporate associate that mainly does VC/Financings and a bit of M&A. I have a general interest in exec comp work and I definitely like the fact that the people in the group seem to have more of a life. However, I still want to keep my in-house options open. Are there a lot of in house positions that require a lawyer with an exec comp background? I just want to get a general sense before I start showing more interest in that group. Thanks!

didntretake

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Re: Exec Comp to In-house Position?

Post by didntretake » Fri Feb 19, 2016 11:53 pm

Also curious about this.

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nealric

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Re: Exec Comp to In-house Position?

Post by nealric » Sun Feb 21, 2016 10:12 pm

PennJD83 wrote:I am a junior corporate associate that mainly does VC/Financings and a bit of M&A. I have a general interest in exec comp work and I definitely like the fact that the people in the group seem to have more of a life. However, I still want to keep my in-house options open. Are there a lot of in house positions that require a lawyer with an exec comp background? I just want to get a general sense before I start showing more interest in that group. Thanks!
You probably need a broader ERISA/employee benefits background to do exec comp in-house. Companies generally don't have enough executive compensation issues to keep a lawyer busy full time. That said, your transactional experience could be valuable in-house aside from the exec comp stuff. Having some of that could be a plus to a company that doesn't have a full-time employee benefits person.

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Re: Exec Comp to In-house Position?

Post by Anonymous User » Thu Feb 25, 2016 10:48 pm

Interested in this as well!

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Re: Exec Comp to In-house Position?

Post by Anonymous User » Wed Mar 02, 2016 7:28 pm

Also interested - seems similar to tax, but I'm concerned it has worse exit options

ruski

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Re: Exec Comp to In-house Position?

Post by ruski » Fri Mar 04, 2016 12:28 pm

do a search on linked-in. there are plenty of employee benefits in house roles. I know a few people who left for these. but they usually want you to have a more broad employee benefits background than just exec comp (e.g. 409A, 401K rules, some labor knowledge (e.g. collective bargaining agreements and employee litigations), restricted stock plans, etc). if the empl benefits group in your firm does solely exec comp, I think it will be hard to get into an in-house role. as mentioned here, drafting employment agreements for CEO/COO/CFOs is not a full time job for any fortune500.

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