find the latest legal job
Corporate/Commercial Lawyers (2-5 years PAE)
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Specialist commercial law firm · Long-term career progression
View details
Graduate Lawyer / Up to 1.5 yr PAE Lawyer
Category: Personal Injury Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Mentoring Opportunity in Regional QLD · Personal Injury Law
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
Business pressures push partners in-house

Business pressures push partners in-house

out the door

A growing number of partners are looking to make the jump to a corporate counsel role as pressure increases to generate business, according to a legal consultant.

A major trend in the legal market is the increasing flow of lawyers from private firms to the corporate sector, Joel Barolsky from Barolsky Advisers told Lawyers Weekly.

“I think over the last five to 10 years there has been a significant increase in in-house roles and a number of those people have come from significant positions in law firms,” he said.

In his view, such roles are becoming more attractive as firms increasingly expect partners to focus on revenue generation.

“Being a partner in a big firm becomes more around the business of law than the practice of law – people go to in-house roles because they feel they can still master their craft as legal practitioners, perhaps without the same pressures and expectations around building a business,” he said.

In addition, corporate roles tend to offer greater flexibility, as well as leadership opportunities.

“That's an attractive proposition – to become a leader and manager with a legal perspective rather than just being a specialist lawyer. That's why some have gone [down] that path,” he said.

At the same time, more companies are looking to create in-house roles, with many hiring a general counsel for the first time.

“There's also been a demand where organisations have created these roles because they've seen an in-house lawyer can add significant value to their business,” Mr Barolsky said.

Given most corporations expect to hire a fully qualified, experienced lawyer – rather than a recent graduate – firms become the main target for in-house recruitment.

“[Companies] generally don't hire grads and then train them up. They generally hire people mid-career – so law firms are their primary hunting ground for recruitment,” he said.

“They learn their basic skills within a law environment and once they've learned those, they shift to in-house roles.”

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017


Business pressures push partners in-house
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Jackie Rhodes
06:04
Report sheds light on LGBTQI inclusion in law firms
A recent report has revealed the varying perceptions on LGBTQI diversity and inclusion in the Austra...
Women in business
06:00
Annabel Crabb headlines Women in Business Forum
Political journalist Annabel Crabb has appeared at the Coleman Greig Lawyers Women in Business Forum...
Dec 11 2017
Warm welcome for new district court judges
Three practitioners who were appointed as district court judges in WA have been congratulated by ...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...