Thursday, March 27, 2008

From in-house back to private practice

Interesting article from on in-house counsels going back to private practice.

Here are some interesting quotes:

"For many years, the role of in-house counsel was to act as a conduit between inside business people and outside counsel. Their role lasted only so long as it took to get a matter from their in-box to their out-box."

"The role of corporate law departments has evolved from being primarily an intermediary between the company and its law firms to being a full-service legal team involved in every major business decision."

It seems that just as law firm experience provides important skills for in-house counsel, the in-house experience can be valuable to law firms. Those returning to firms with in-house experience have not only legal skills but also contacts and perspective that can help with getting and keeping business. "They can go back to a firm and help on the business side with client relations," said Krebs. "It would be tremendously valuable in a law firm."

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