How do you know you're ready to go in-house? 4th year associate here trying to figure out when is a good time to take the leap (with the understanding that it is highly competitive).

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Earlier is better within reason. For corporate, 3-5 YOE is probably a sweet spot; for litigation, 4-6 YOE. I went in house at almost 8 YOE (I started looking around 6 YOE, and job search took 18 months), and there are folks who graduated a year or two later but went in house earlier, and have advanced higher than me.

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I would start looking now if it’s your plan eventually. The types of positions you’ll get now vs as a 6th year are either the same, or only marginally different pay/responsibility wise, so go for it. I’d say years 6-8 are when the pay gap starts looking more painful, and you still won’t have the YOE necessary (like 10-15) for the GC type roles

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Note that if you’re not coming from biglaw the above doesn’t apply. I went in house my 4th year and got a decent pay bump coming from midlaw, and my hours basically halved. Now I’m a 7th year and make about what a 3rd year in biglaw does, but significantly more than I would’ve made in midlaw, and I work under 40 hours total most weeks.

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What do you want to do with your life? If you are big law you are going to price yourself out of in house in a few more years. You can make pretty good money but generally not amlaw100 equity partner money. If you feel like you have a good grounding in what you do and you want to support business transactions or a business operations then it’s close to time in terms of years

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Many (most?) in house gigs are generally not Amlaw 100 midlevel money. Maybe senior associate with generous bonus and options but not on average.

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What practice group are you in?

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