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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?

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?

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.

Banks are usually pretty competitive. You have to also consider that your bonus and your benefits packages will be a lot better.

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?

In-house is very industry, company, and role specific.

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.

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.