For in-house litigation attorneys, finding jobs in New York City is worth the effort, because of seemingly endless career prospects. Moving between in-house litigation work and working in law firms is easier in New York City than almost in any other place because of the large number of employers. However, entry years for young lawyers is hard as the median salary, which is about $165,000, is almost all spent in living costs. For those who can overcome their initial struggles, New York has few parallels.
Currently New York has more than 1100 corporate law departments and more than 8500 law firms creating the most powerful market in the legal industry in USA and perhaps in the world. Out of these, more than 2000 organizations are specialized in litigation as their practice area.
Along with London and Tokyo, New York is considered one of the three command centers of global economy. The city's major employers count at least 45 Fortune 500 companies among them and there are so many foreign companies that out of ten private sector jobs in the city, one is with a foreign company. So, for those seeking in-house litigation attorney jobs, New York City
is the perfect market.
The State of New York Court of Appeals added Part 522 to the Rules of the Court for admission of attorneys in 2011 to allow the registration of in-house counsel in New York. The court observed in its order that the change had been made pursuant to a joint proposal made by the New York City Bar Association, the New York County Lawyer's Association, and the New York State Bar Association