I'm considering in-house opportunities in the major markets (hence anon) and wondering how my pay will drop from biglaw --> fortune 500 inhouse. A friend of mine transitioned JUST before and is getting $180k as a ~5th year. I'm thus hoping to get the same pay as a ~4th year, albeit at a different company.
Older threads (e.g., http://www.top-law-schools.com/forums/v ... 9&start=25) talk about significantly lower pay, but those were pre-raises and a few years of strong growth back.
What do you guys think (or know) is market for in-house in NY / SF / LA / DC, for a mid-level?
biglaw --> in house pay-cuts in light of recent biglaw raises? Forum
Forum rules
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
-
- Posts: 432506
- Joined: Tue Aug 11, 2009 9:32 am
- trebekismyhero
- Posts: 1095
- Joined: Fri May 22, 2015 5:26 pm
Re: biglaw --> in house pay-cuts in light of recent biglaw raises?
It totally depends on market and industry and company for that matter so hard to give a good answer. I have a friend who was a 7th year at a V20 and got a nice in-house gig this past year for $225k in NY, but before that he had been interviewing for places that were offering well under 180 in SF.Anonymous User wrote:I'm considering in-house opportunities in the major markets (hence anon) and wondering how my pay will drop from biglaw --> fortune 500 inhouse. A friend of mine transitioned JUST before and is getting $180k as a ~5th year. I'm thus hoping to get the same pay as a ~4th year, albeit at a different company.
Older threads (e.g., http://www.top-law-schools.com/forums/v ... 9&start=25) talk about significantly lower pay, but those were pre-raises and a few years of strong growth back.
What do you guys think (or know) is market for in-house in NY / SF / LA / DC, for a mid-level?
-
- Posts: 2145
- Joined: Tue Jul 01, 2008 2:41 am
Re: biglaw --> in house pay-cuts in light of recent biglaw raises?
Banks are usually pretty competitive. You have to also consider that your bonus and your benefits packages will be a lot better.
- nealric
- Posts: 4391
- Joined: Fri Sep 25, 2009 9:53 am
Re: biglaw --> in house pay-cuts in light of recent biglaw raises?
In-house is very industry, company, and role specific.Anonymous User wrote:I'm considering in-house opportunities in the major markets (hence anon) and wondering how my pay will drop from biglaw --> fortune 500 inhouse. A friend of mine transitioned JUST before and is getting $180k as a ~5th year. I'm thus hoping to get the same pay as a ~4th year, albeit at a different company.
Older threads (e.g., http://www.top-law-schools.com/forums/v ... 9&start=25) talk about significantly lower pay, but those were pre-raises and a few years of strong growth back.
What do you guys think (or know) is market for in-house in NY / SF / LA / DC, for a mid-level?
I took a ~$50k cut in base pay when I went in-house as a 4th year (F500 oil and gas), but I actually made about the same all-in. Banks can pay more, something like retail likely less.
-
- Posts: 432506
- Joined: Tue Aug 11, 2009 9:32 am
Re: biglaw --> in house pay-cuts in light of recent biglaw raises?
FWIW;
As a third year associate from a NLJ250 firm I was getting roughly 155-160k including bonus in a secondary city. I actually ended up getting a 20-25% pay increase coming from a non-major market nlj250 firm.
As a third year associate from a NLJ250 firm I was getting roughly 155-160k including bonus in a secondary city. I actually ended up getting a 20-25% pay increase coming from a non-major market nlj250 firm.
Want to continue reading?
Register now to search topics and post comments!
Absolutely FREE!
Already a member? Login