Usually when a large company faces a lawsuit, the suit isn't filed by one of its top in-house attorneys. But that's exactly what General Electric Co., the world's second-largest company, is dealing with.
What is it about going in-house that seems to increasingly draw attorneys from law firms to in-house legal departments? According to a recent survey conducted by NALP, the attrition rate for experienced attorneys with about five years of experience jumped dramatically from 60% in 2000 to 78% in 2005.
Working as an in-house attorney has both pros and cons, just like any other attorney. Some of the pros include have more control on the projects you work on and having corporate benefits that other types of attorneys don’t get. Some of the cons include long hours and often being required to work during weekends in order to help with legal projects in the company.