Should I lateral back to my old firm?
Posted: Sun Nov 18, 2018 1:42 pm
I am a 4th IP associate. I lateraled from a boutique IP shop after two years to a GP firm, which I have been working at for a little over two years. Atmosphere is great as well as pay. Work has been diverse ranging from litigation to prosecution. My practice is predominantly prep and prosecution. The problem I have is zero training. literally no training. Very little feedback. Long term I know this isn’t good as when I get up there in years, I won’t be on par with other colleagues at other firms.
My previous firm had excellent training, and given this I am considering going back. They will already take me given my work ethic, character and excellent work product (hiring partner said yes). The draw back is I will take a slight pay cut first year, and I won’t have access to diverse work as here. I don’t plan to do litigation so I am ok giving that up and going back to prep and prosecution. I also feel like my technical skills have suffered as at my previous firm I did high tech work while here I am doing very basic technogy.
I think training this early in my career is more important than anything else and my old firms outlook is very good. The boutique firm has lower overhead, and it’s easier to pitch work given lower rates and have a lot of attorneys with similar technical skills (my current firm hasn’t only 1 other attorney with my technical skills). Also, my old firm is well more established in IP than my new firm. I wouldn’t say my current firms long term outlook is good, namely, for lack of adequate training, high rates, and other parts of the IP group not being so great.
Is it a smart move to go back to my old firm? If anyone wants to know why I initially lateraled is because they painted a very colorful picture, however, in reality that picture is very black and white.
I appreciate the feedback and other thoughts.
My previous firm had excellent training, and given this I am considering going back. They will already take me given my work ethic, character and excellent work product (hiring partner said yes). The draw back is I will take a slight pay cut first year, and I won’t have access to diverse work as here. I don’t plan to do litigation so I am ok giving that up and going back to prep and prosecution. I also feel like my technical skills have suffered as at my previous firm I did high tech work while here I am doing very basic technogy.
I think training this early in my career is more important than anything else and my old firms outlook is very good. The boutique firm has lower overhead, and it’s easier to pitch work given lower rates and have a lot of attorneys with similar technical skills (my current firm hasn’t only 1 other attorney with my technical skills). Also, my old firm is well more established in IP than my new firm. I wouldn’t say my current firms long term outlook is good, namely, for lack of adequate training, high rates, and other parts of the IP group not being so great.
Is it a smart move to go back to my old firm? If anyone wants to know why I initially lateraled is because they painted a very colorful picture, however, in reality that picture is very black and white.
I appreciate the feedback and other thoughts.