Your Options
Whilst a considerable volume of the recruitment of lawyers from private practice into Commerce and Industry is conducted at the 2-5 year pqe level, there can be opportunities for trainee solicitors just qualifying to make an early move into industry. At TMP Worldwide we have a team of sector specialist consultants who can offer advice on opportunities across a broad range of industries from media, FMCG and energy to banking and financial organisations.
Is it the right time to move in-house?
Generally the move into industry occurs at the 2-5 year level when you have had the time to get some solid practice experience under your belt. There can be opportunities for newly qualifieds but they are few and far between and when considering this move it is vital to consider the content of the role, organisation and long term career prospects.
What type of company?
Much will depend on the sort of person you are and what makes you tick. In-house positions at the newly qualified level vary considerably. Moving in-house at this stage means it is essential you get it right. If you are the sort of person who knows you want to be part of a larger team and values quality training then you will enjoy one of the bigger blue chip companies. If, however, you are more of a Richard Branson type, and know that you want to fly in hot air balloons, you would be better suited in a smaller pioneering company.
Can I move back to private practice?
If you subsequently decide to move back to private practice and have had good training both during articles and in-house, then you should be able to achieve this although it will of course depend on the market generally.
Show me the money!
Salaries initially compare very favourably with private practice salaries and companies usually provide a benefits package on top which can include a car or car allowance, pension, some sort of bonus as well as other in-house perks such as car parking, canteen etc. Your options are all open at this level so take your time to consider them.
