do in house counsel miss biglaw
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Poast new message in this thread
Date: October 15th, 2017 11:18 PM Author: Lake Aphrodisiac Chad Brethren
I moved in house recently.
Love the hours, miss the SCHOLARSHIP
(http://www.autoadmit.com/thread.php?thread_id=3765346&forum_id=2#34451911) |
Date: October 16th, 2017 9:40 AM Author: Electric Medicated Native
I do miss some aspects---law shrews aren't an attractive bunch, but I literally have one woman under 40 in my office now, and she's hideous.
But generally, no, I don't miss it at all.
(http://www.autoadmit.com/thread.php?thread_id=3765346&forum_id=2#34453642) |
Date: October 16th, 2017 12:58 PM Author: Wonderful honey-headed tanning salon international law enforcement agency
This was a fortuitously timed thread. Early today at work we had a CONFERENCE CALL to address the topic of making sure everybody gets to use all their vacation days before the end of the year.
Biglaw? LJL.
(http://www.autoadmit.com/thread.php?thread_id=3765346&forum_id=2#34455110) |
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Date: October 16th, 2017 6:42 PM Author: Brindle Hairless Locale
Any particular point?
At my company, you can probably divide the attorney into the following groups: product attorneys, generalists, and contract negotiators. (I'm excluding higher up managers -- head GCs or regional heads.)
I'm a product attorney. My responsibilities generally consist of helping launch new products, regulatory work, respond to product specific inquiries by third parties or regulators, prepare any contractual documents, handle internal mergers, some corporate secretarial stuff, review compliance materials with compliance, some negotiations, and coordinate work with outside counsel for particular matters. For example, if my business unit wants to launch a product in Europe, I research, analyze and present on the issues and provide guidance.
Generalist attorneys are those that may have a particular field (e.g., lit, IP, or M&A) but support the company world wide. So, if we're doing a merger with a third party, then they'd handle it and involve the product attorneys to discuss regulatory or other restrictions. For example, getting consent from a regulator. If my business unit is going to sign a SaaS agreement with someone, I'd kick it over to IP and review with them.
Contract negotiators simply negotiate the documents assigned to them. I helped prepare the play book for them that let's them know what to say, how to say it, and what concessions can be made (if any). Certain things require approvals, so they collect them. If it requires legal's approval, they can't give it. They go to the product attorney. I'll ask them for info re the deal and approve, reject, modify, or ask for additional info. These can be particularly bad because you're essentially painting with numbers. There isn't much there for ingenuity. The more complex deals get sent to the product attys because we know that it'll be a contentious or difficult negotiation.
(http://www.autoadmit.com/thread.php?thread_id=3765346&forum_id=2#34458043) |
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