In-House Counsel

Today is the official release date of Law & Reorder, a new book by Deborah Epstein Henry, a leading consultant to the legal profession. Henry, whom we’ve interviewed and written about before, is an expert on such topics as workplace restructuring, talent management, work/life balance, and the retention and promotion of lawyers — all topics that are covered in her book.

We chatted with Henry on Friday over the phone, about the changes taking place in the legal profession, whether they’re good news or bad news, and how law students and lawyers can navigate in this new environment….

double red triangle arrows Continue reading “Law & Reorder: An Interview with Deborah Epstein Henry”

If you are interested in joining a top-notch biotech company as their AGC or GC, then the latest Job of the Week — brought to you by Lateral Link, as usual — merits your consideration.

Position: Assistant General Counsel or General Counsel

Location: Silicon Valley, CA

Description: A leading biotech company is looking for a general counsel or assistant general counsel to handle the legal issues of the commercialization of the company’s pain management company. The successful candidate would:

  • help the CEO and CFO assess risk with primary emphasis on commercial issues;

  • serve as the only in-house lawyer and work extensively with the CEO, CFO, Chief Medical Officer, and Head of Marketing;
  • work with the marketing department, making sure the product literature is in order, that the processes in place lower risk, and that the sales team is properly trained;
  • handle Medicare issues, reimbursement issues, manage outside counsel, and work with outside IP counsel and outside HR counsel;
  • manage the IP docket and discuss IP issues with management teams; and
  • chair the compliance committee and serve as the Secretary for the Board.

If you have what it takes to handle this opportunity, then contact Carolyn Brenner, cbrenner@laterallink.com, for more information. Carolyn is a former Skadden associate turned legal recruiter, with extensive contacts in-house and in the Bay Area’s leading law firms.

Are you a litigator looking to move in-house? Do you have experience working on privacy and data protection issues? More in-house opportunities have opened up in recent weeks — Lateral Link is working on over two dozen in-house searches, and has recently helped six companies fill legal openings — and the latest Job of the Week is a rare in-house opportunity for a litigation attorney.

Position: Associate Counsel – Litigation, Privacy & Data Protection, and Risk

Location: Philadelphia metro area

Description: An international investment management company located in the Philadelphia area is seeking a senior litigation attorney to provide legal advice regarding risk avoidance and risk mitigation measures, global privacy and data protection law, and other issues. The ideal candidate should have a minimum of 8 years of experience handling complex litigation matters at a top-tier firm or government agency — securities, fiduciary, or consumer protection litigation preferred, but other experience considered. If you are currently a Lateral Link member, please see position #6901; if not, you can sign up for free at www.laterallink.com. You can also contact T.J. Duane directly at tjduane@laterallink.com.

Picture, if you will, my lawyer friend, Caitlin. She’s a mid-level finance associate at one of New York’s biggest lawyer factories. She’s been at the Big Law game long enough to be depressed on the good days and on the hunt for sturdy noose material on the bad days — which is to say most days. But, as luck would have it, after months of furtive interviews, she finally got an offer a couple of weeks ago to go in-house at a media company that most people I know, including me, would kill to work for.

So, when we went out to drinks last week to celebrate, I was expecting her to be ecstatic. I was expecting her to have quit the firm within five minutes of getting the offer. What I wasn’t expecting was three hours of listening to her waver, almost to the point of tears, about whether she should take the job.

I kept pressing her — what was it about this job offer that was making her so torn? The (awesome, non-billable) hours? The (cooler) people? The (less mind-numbing) work? Finally, after four Belvedere-tonics, she leaned across the table and lowered her voice.“It’s just… I’m just afraid…” She darted her eyes around and leaned in closer, lowering her eyes.

“I’m just afraid of what it’ll be like to feel…” she whispered, “…poor.”

The offered salary of the new in-house gig? $120,000 a year.

And now, a couple of weeks later, I’m still not sure what’s more disturbing: the fact that this friend — a worldly, educated, smart, able person — truly thinks that a single lawyer living in New York City on $120,000 could feel “poor” — or that fact that she’s absolutely right….

double red triangle arrows Continue reading “Poor You! (Literally.)”

Working Mother just released its annual list of the top 100 companies to work for. As we are (hopefully) coming out of the recession, it is possible that people might actually start caring again about family issues and work/life balance issues.

This year, four law firms made the list. Before we get to the “winners,” let’s take a look at the process required to be up for consideration. To be on the list, first you have to fill out an application with 600 questions.

What is the magazine looking for? Here’s the explanation from their methodology section:

Eight areas are scored: workforce profile; benefits; women’s issues and advancement; child care; flexible work; paid time off and leaves; company culture; and work-life programs. An essay regarding best practices to support working mothers is also evaluated…

Working Mother considers not only the programs, benefits and opportunities offered by companies but also recently settled, decided or still-pending gender discrimination lawsuits.

An essay, do you say? Well, so much for rigid objectivity in list making.

Still, the four law firm winners should be proud. Let’s highlight them from out of the other top 100 companies…

double red triangle arrows Continue reading “Four Law Firms Make List of Best Companies to Work For
(But Do Law Firms Still Discriminate When It Comes to Pay?)”

The yellow-brick road leads in-house. Are you an internet / information privacy law guru with significant in-house or regulatory background? Are you looking for a high level strategic role with an ambitious, high-octane startup that is trying to revolutionize the online consumer experience? Then look no further than the Job of the Week, brought to you by Lateral Link:

Position: General Counsel

Location: San Francisco, CA

Description: Our client, an SF-based startup that helps Fortune 1000 corporations to better understand social data and the online consumer experience, is seeking a General Counsel with deep experience in privacy law.

This is a high-level strategic position. In addition to a full range of legal duties, the GC will be responsible for establishing, developing, and overseeing the company’s privacy policy and protecting client data. The GC will also act as a public face of the company, communicating its philosophy to regulators, consumer groups, the press, and policy makers. There is a strong preference for someone who is already in-house in a similar capacity and who has had some government experience in dealing with internet privacy issues. If you are coming from a firm you should be a recognized expert in the field.

If you are currently a Lateral Link member, please see position #6751 on the Lateral Link site. If you are not a Lateral Link member, you can sign up for free at www.laterallink.com. If you are interested in this position or any other positions in-house, please contact Trevor Ulbrick, Lateral Link’s Associate Director of Business Development, directly at tulbrick@laterallink.com.

Now this is a list that matters. Corporate Counsel (an American Lawyer publication) has complied its annual list of the firms that Fortune 100 companies use as outside counsel. This is a list of which firms are getting work from clients with deep pockets. If you care at all about the business end of the law, then you care about this list.

And while the firms that are tapped for this kind of work won’t surprise anybody, it’s always good to take a look at who clients want to be with.

For general corporate law, these are the firms that were mentioned most by clients reporting to the magazine:

Cleary: 12 mentions
Davis Polk: 11 mentions
Cravath: 10 mentions
Simpson Thacher: 10 mentions

Yep, no real surprises there.

But what about some other practice areas? Well, the names start to change…

double red triangle arrows Continue reading “Who Represents Corporate America?”

The applications for our Morning Docket opening were so wonderful — and overwhelming (no more apps being accepted) — that we figured we’d go back to the well to fill another freelance position available here on Above the Law. We’re launching a column aimed at in-house counsel, and we’re looking for a writer.

We’ve done a lot of in-house coverage before, from the very good pay — e.g., Gregory Palm of Goldman Sachs; J. Michael Luttig of Boeing — to the occasional layoffs that rock that world.

But now we’re looking for someone who has been on the inside. Someone who has been a corporate consumer of legal services, not just a provider of them. Someone who has had the rare joy of calling up a partner in private practice, bossing him or her around at 4:30 p.m. on a Friday, and getting the desired work product by 8:00 a.m. on Monday. You know, someone who has lived the good life.

But we know the challenges a writer could face with this column. We know, for example, that pesky SEC rules could hamstring a writer who is currently employed at a large publicly held company. If you’re in a position where another lawyer at your company would probably have to review your column before publishing, this job probably isn’t right for you.

But maybe you used to work in-house and now have a private consulting practice, or an academic job? Or maybe you’re still in-house, but at a smaller enterprise? What we’re looking for is a person with experience of and insight into the world where lawyers protect the corporate shield (and sometimes make it home in time for dinner).

You can share your wit and insight with ATL’s thousands of readers (who may insult you; don’t take it personally). You can hone your writing skills (on the non-legal side). You can write under your own name or under a pseudonym (so long as you aren’t breaking any laws). And you will be paid (at a level commensurate with a freelance writing gig like this one).

If you’re interested, please send us your résumé or a brief bio, along with a cover email describing your vision for the column and how you’d make it appealing to corporate counsel readers. You can reach us at tips@abovethelaw.com (subject line: “In-House Column”).

Thanks for your interest. We look forward to hearing from you.

Legal hiring across the country is really picking up. This week’s job is another in-house position that is exclusive to Lateral Link. Lateral Link’s midwest practice is growing with several recent placements and a new recruiter in the Chicago office, John Thurmond. John is a former real estate attorney, with experience in-house at ORIX Real Estate Capital, Inc., and in the law firms Kirkland & Ellis LLP, Sonnenschein Nath & Rosenthal LLP and Schiff Hardin LLP. Prior to entering the legal industry, John was a Surface Warfare Officer in the United States Navy.

Position: Assistant General Counsel

Location: Chicago, IL

Description: Public company in the Chicago area is seeking a full-time attorney to serve as assistant general counsel. Attorney responsibilities would include SEC reporting; assisting General Counsel with negotiation and documentation of new investment products; working with portfolio managers to implement/manage existing investment products (including CDOs; and general in-house corporate work.

For more details, please see position #6696 on the Lateral Link website, or contact John Thurmond at jthurmond@laterallink.com. If you are not currently a Lateral Link member, you can sign up for free at www.laterallink.com.

J. Michael ("Mike") LuttigIn May 2006, then-Judge J. Michael Luttig made major news in the legal world by resigning from the U.S. Court of Appeals for the Fourth Circuit to become senior vice president and general counsel of aerospace giant Boeing. Luttig served as a Fourth Circuit judge for almost 15 years, during which time he reigned as the #1 feeder judge, sending almost all of his clerks into Supreme Court clerkships, and came extremely close to becoming a justice himself.

Luttig’s resignation from his life-tenured Fourth Circuit judgeship came as a shock to many (and was viewed by some as “taking his toys and going home,” after he got passed over for the SCOTUS seats that ultimately went to John Roberts and Samuel Alito). But Luttig, who’s only 56 — he was appointed to the Fourth Circuit at the tender age of 37 — seems to be enjoying the new challenges of serving as GC of a large public company.

During his four years at Boeing, Luttig has given its in-house ranks a major makeover. He has brought in some top talent, including at least four Supreme Court clerks: John Demers (OT 2005/Scalia), Grant Dixton (OT 2000/Kennedy), Brett Gerry (OT 2000/Kennedy), and Jake Phillips (OT 2004/Scalia). Is there any in-house legal department with more former Supreme Court clerks than Boeing? Don’t forget to count Luttig himself, who clerked for Chief Justice Burger (OT 1983), after clerking for then-Judge Scalia on the D.C. Circuit.

UPDATE: Boeing boasts at least eight (8) SCOTUS clerks. Here are three who were inadvertently omitted from the original version of this post: Bertrand-Marc Allen (OT 2003/Kennedy), Lynda Guild Simpson (OT 1984/Powell), and Eric Wolff (OT 2000/Scalia).

And Luttig has given his net worth a makeover, too. At the time of his May 2006 resignation, federal circuit judges earned $175,100 a year. As executive vice president and general counsel of Boeing — the country’s largest aerospace and defense company, #28 on the Fortune 500 — he makes millions.

Luttig no longer has to worry about covering college expenses for his two kids (which he cited in his resignation letter as a reason for leaving the bench). And this past May, he and his wife, Elizabeth Luttig, bought a fabulous second home in beautiful Kiawah Island, South Carolina.

How much did Mike Luttig pay for his new place? And how does the price tag compare to his in-house compensation at Boeing?

double red triangle arrows Continue reading “Lawyerly Lairs: Luttig in Lap of Luxury (Plus info about his current compensation.)”

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