Currently an associate at a mid-sized firm with “strong potential” to make partner at the end of this year. Things have been toxic for a while, but have cratered in 2021, with few signs there will be any positive changes on the horizon. What are the pros and cons of staying to make partner before trying to go in-house? I’d assumed it would be better to job search with that title on the resume, but am rethinking my assumptions the worse things get.

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Posting as :
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The title is less important than the substance. Lateral associate moves are turn on substantive experience and skill sets. Partner moves depend on portable books of business. The title won’t really matter one way or another if you do not have a portable book of business.

likehelpful

Ha. Responded at the exact same time.

You know you have to buy in and pay a lot of money to be partner tho right? Why waste the money if you are gonna leave anyway

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Why not start looking now? If you find something before you make partner, then you don’t have to worry about it.

I think future in-house roles are going to place more importance on your in-house experience, not whether you were a partner or associate at a law firm before you went in-house. Especially if you stay in your first in-house role for awhile

It’s harder to leave after you make partner - both from the negotiating your buyout perspective and from the golden handcuff perspective. Most people move in-house prior to making partner anyways...

All good points. Question—do the same issues apply if you are income partner vs. equity?

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