Biglaw Exit Options (Salary)
Posted: Mon Jul 18, 2016 7:37 pm
Doing corporate work for a few years (3-5), do you have non in-house exit options?
Or anything that pays close to Biglaw money, even if the hours are just as bad? Can you go in-house in more of a business role with the potential for promotions and eventually to become part of the senior leadership (like a VP or above)?
Basically, are there exit options if you want out of Biglaw, but still want to work hard and get paid well (or someday get back to getting paid well).
I've heard stories, but just wonder how likely they are. Ex: Arne Sorenson is CEO of Marriott. Was a partner at Latham, then went in-house for like no time at Marriott's Law Dept., switched over to finance with no background in finance (he was a litigator) and then became CFO, and eventually CEO. Obviously he was a partner before switching, but is he just an absurd anomaly (assuming my goals aren't necessarily to make it to the C-Suite, but to be a couple levels below that.
Or anything that pays close to Biglaw money, even if the hours are just as bad? Can you go in-house in more of a business role with the potential for promotions and eventually to become part of the senior leadership (like a VP or above)?
Basically, are there exit options if you want out of Biglaw, but still want to work hard and get paid well (or someday get back to getting paid well).
I've heard stories, but just wonder how likely they are. Ex: Arne Sorenson is CEO of Marriott. Was a partner at Latham, then went in-house for like no time at Marriott's Law Dept., switched over to finance with no background in finance (he was a litigator) and then became CFO, and eventually CEO. Obviously he was a partner before switching, but is he just an absurd anomaly (assuming my goals aren't necessarily to make it to the C-Suite, but to be a couple levels below that.