In a report from the land down under, it appears that private practice lawyers are snapping up plum senior in-house jobs – to the detriment of existing in-house counsel rank and file. Is this a trend that will spread – or is it already here?
“There has been an almost surge of appointments of senior in-house counsel. You will find nearly all have been sourced externally rather than internally.”The trend is “unfortunate” for corporate counsel who are losing out on promotions as experienced private practice lawyers take the helm in major teams. They are better placed to manage outsourcing work to external lawyers, said Turner. While Turner said he is personally in favour of internal promotion, where appropriate, and hopes it wont be a trend, he said “there is no doubt about the facts”.
[via Private practice lawyers steal in-house jobs - The New Lawyer].
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