Considering an offer to go from firm (4 YOE) to become a privacy/product counsel for a tech company (non-faang). One concern for me is the potential of a recession in late 22 into 23 with the fed rate hikes. My fear is if that happens, me being on the chopping block as new in house counsel. If I stayed at the firm, I feel reasonably secure as an associate of not being laid off due to the market. How do in house counsel positions typically fare during lay off cycles? Any experiences to share?

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Posting as :
works at
You are currently posting as works at

r u me? this is literally my debacle lol

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Ha same

Not recession related but I’ve been through 3 rounds of layoffs at F500 companies. Legal will be told to cut x number of employees. People cut first were underperformers, second senior people managing and making a lot of money but not doing a lot of substance, third people who were generally disliked. Everyone who was under 7 YOE kept their jobs since they were doing the most work for the least money. Newness to the company did not seem to play a factor

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I’ve been through several rounds of layoffs at a F500. Every time legal is given a headcount reduction number just like everyone else. Who actually gets laid off depends on who your friends are and how hard it would be for them to get by without you.

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In my experience they’re more likely to keep newer people, because they make less money and less likely to be disgruntled

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Got hired at a high paying in-house job in 2019 at an existing client. Seemed like the dream. Got great reviews and a higher bonus than I’d negotiated. Got promptly laid off less than a year later after covid hit. My former firm did not do any layoffs. In-house can definitely be seen as an expensive cost center plus that last in first out thing - you haven’t built up years of reputation with them (time as outside counsel doesn’t count for much). The concern is real.

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Yeah I got 4 months pay and website time so that was helpful for sure.

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I’m in the same boat

Not in the same boat but following because I am interested in responses

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