The road to becoming a full-fledged lawyer is long and arduous, but once you finally become one, you will see that all of the hard work you have put into studying and passing the bar exams are worth it, as there are numerous benefits that lawyers get from simply performing specific tasks for clients. Once you are officially a lawyer, you would often have two choices on where you can work. The first choice is to become an in-house lawyer, while the second choice is to work for a law firm.
An in-house lawyer, also known as a legal counsel, is a lawyer that works directly for their employer or client, while law firms are business entities that are formed by multiple lawyers to handle different clients. While becoming an in-house lawyer is ideal for those that want to control how much they can earn from their job, it is not really advisable for new lawyers since people are skeptical of hiring inexperienced lawyers that have just recently passed the bar exam.
On the other hand, law firms are very popular among new lawyers simply because of the many benefits they provide. Here are the biggest advantages of working for law firms.
A Stable Job
The first advantage of working for law firms is that you will have a much more stable job, as it is similar to working for a big company’s office or handling a factory’s best laser welding systems. If you want to be an in-house lawyer, there is a chance that you won’t get clients for weeks, so it is not really a stable source of income. If you are working for a law firm, it is most likely for you to get a monthly salary, even if you aren’t given clients.
But, if you do have clients, and you manage to win their case, you may be given a bonus for a job well done. So, law firms provide you with a stable job and a stable source of income, which is important if you are a new lawyer that is just trying to provide for your family while also having the dedication to win cases for your clients.
In addition to having a stable source of income, law firms would also provide you with a high salary. The largest and most popular law firms in the world are known to be some of the highest payers for employees, so if you are planning on saving enough money to provide everything for your family, then you should start applying for work at a law firm.
Besides high salaries, law firms would also give their employees numerous benefits, like health cards and even insurance (if their employees don’t have one yet). So, working for a law firm is worth it, although you will need to pass interviews and tests first before you can become an associate for a popular law firm. In just a few years of working hard for a law firm, you will be able to give the most comfortable and safest home for your family, although you should hire the best Los Angeles movers if you want to move furniture from the old home to a new one.
Become Associated with the Best Lawyers
Connections are very important for lawyers, as it is through meeting with fellow lawyers that they will be able to get more clients and grow their portfolios. In law firms, you will have a much easier way to connect to fellow lawyers, and some of the lawyers that you may be able to talk to are considered the best in the country. The best lawyers could give you advice on handling different cases, or they can also recommend you to other clients. Form connections while you are working for a law firm so that you can build your network of opportunities.
Handle Different Clients and Cases
Another great advantage of law firms is that you will be able to handle different types of clients and cases through them. In law firms, you will have the chance to diversify your experience when it comes to handling cases, as you just won’t get stuck in dealing with one type of case. For example, if you’re an in-house lawyer and you are more knowledgeable about laws related to land or properties, then you will just stick to your comfort zone and just get clients that have problems with the said subjects.
So, if you want to gain knowledge and experience in various fields of law, you should work for a law firm where that will assign you different tasks. It is through the experience you get from law firms that you will become better as a lawyer and subsequently gain a reputation within the industry. If you are going to move overseas for better job opportunities, you can learn more about how to deal with it by checking the linked article.
Gain Access to Training Seminars and Programs
If you don’t have enough knowledge in different fields of law, some law firms will provide you with free access to training seminars and programs that will teach you the various aspects of specific fields of law. Studying in law school is sometimes not enough for you to learn everything about the law, which is why there are training programs available that will give you the knowledge that you weren’t able to get in law school. With training programs, you will eventually have the capabilities to handle different types of cases.
And these are some of the best advantages that you can experience while working for a law firm. Once you have gained a better reputation and plenty of experience in law firms, you can then decide if you want to stay in the firm or if you want to become an in-house lawyer. Build your portfolio first so that you can attract more clients as a lawyer.