1. Introduction
» Click to show Spoiler - click again to hide... «
I think a simple search of the forum and you will find more threads about being a lawyer than being an in-house legal (executive to managerial position).
During my extended absence from this forum, I have received a few enquiries about becoming an in-house legal as well.
2. My Background
» Click to show Spoiler - click again to hide... «
I have close to 6 years working experience.
I did not do my Bar but I have completed my CLP but I have never practiced.
My first job was an intern in a law firm and my second was a compliance officer in a future broking house.
My main specialty is in Capital Market Services (stockbroking, futures and unit trust) and I have some experience in Plantation (very short stint).
Currently, I hold a Managerial Position.
3. Practice or Not to Practice
» Click to show Spoiler - click again to hide... «
It’s much more easier for lawyers to go into in-house legal for obvious reasons but significantly more challenging for fresh law graduates to get into in-house legal. Ultimately, you need to decide on your career path because each route you take will require you to make sacrifice. So what sacrifice do I mean? As lawyer going into in-house, your exposure will be limited to your industry that you are employed in. Whereas as a law graduate going into in-house, any attempt to go back into practice later on will be challenging (example, 35 year old in house legal and having to sit through chambering?... err hell no?).Unless you have a very good reason to, my advice is “Don’t change Horses in Mid Stream”.
4. Not to Practice
Since this topic is about in-house in the first place, let’s focus on in-house. You need to consider the following before you apply for a position as an in-house legal;-
(a) years of experience
» Click to show Spoiler - click again to hide... «
- for in house legal, the basic entry level requirement is to have at least 1-2 year experience.
- it fairly difficult for fresh law graduates to apply but not impossible.
Life lessons:
» Click to show Spoiler - click again to hide... «
- I started as a junior compliance officer, a rank higher than a clerk believe it or not. I stayed for about a year and rose to the rank of executive. As I was about to quit my existing post, I got an offer from the legal department of another subsidiary. That’s where my in house legal career took flight, where I met my mentor/teacher, learnt how to draft, think and excel.
(b) knowledge of the industry
» Click to show Spoiler - click again to hide... «
- in general having knowledge of conveyancing and/or litigation is a plus.
- next you should arm yourself with industry relevant knowledge. If you do not know what your employer product is, how are you suppose to draft or advise on legal issues?
- knowledge can be gained in several ways:-
>there are courses on offer that you can take to help you advance your career, example licensing courses offered by SIDC or become a Certified Banker under IBBM’s course.
>if you are willing to accept a lower pay and position, work with it first. This will give you direct exposure in the company’s internal working and business.
Life Lessons:
» Click to show Spoiler - click again to hide... «
- funny part is, I tried to switch from Banking to Plantation. They wanted me to take up Agricultural Business Portfolio which involves FMCG (fast moving consumer goods product). To my employer I was considered fresh meat but the main reason I got the job was because I had basic knowledge of the industry itself i.e. My family’s business closely related to plantation. The transition therefore wasn’t too bad. I quit soon after because I had a better offer.
© communicating
» Click to show Spoiler - click again to hide... «
- one of the most crucial areas of being an in-house legal is to be able to communicate to both management and colleagues alike in a clear and concise manner. Say it as it is and tell it as it is. Sugar coat where needed, albeit in a tactful way and sparingly.
- I reckon joining associations like toastmaster would help a person with public speaking and the ability to convince another to look your way.
Life Lessons:
» Click to show Spoiler - click again to hide... «
To be honest till today, am still a fairly poor communicator and even my boss recommended me to go for soft skill courses. I see this as an opportunity to sneak off to courses instead of being stuck in this stuffy office (lolz..). Sneaking aside, if you want to be heard, you first need to know your stuff in and out. There are some people who are natural talkers (see Wolf of Wall Street) but I am just not one of them. I can be a complete air head if I am not briefed in advance. Read up and understand the issue before you attend to a meeting/discussion.
(d) drafting skill
» Click to show Spoiler - click again to hide... «
- I still remember as a junior executive, it took an hour or two just to write an email to Client or Colleagues because I was so fearful of writing nonsense.
- this is an unfortunate pitfall for a legal graduate, since our legal education regime is so rigid that it does not prepare us to draft even a letter, let alone an agreement. All we can think of are templates but don’t rely too much on it because it will come a point where there are no templates for you to rely on.
- If you are keen on certain industries that you intend to apply for, try “Google” up contracts that are relevant to the industry and read up.
- Create hypothetical issue and ask yourself how are you going to go about advising your management of the issue concerned? Once you have drafted your opinion, let your parents or friends have a look and see whether they understand what you have written?
Life Lesson:
» Click to show Spoiler - click again to hide... «
Freshly minted as a legal executive, I recalled one of my task to draft a legal opinion in an attempt to convince management to decide in a certain direction. Had sleepless nights, cold sweat and a lot of hair pulling involved, lo and behold, I managed to eke out something and submitted it to my boss, only to be told it wasn’t relevant. 2-3 weeks of drafting and research down the drain. Today, I have developed my own style of opinion drafting and it doesn’t take me weeks to draft an opinion probably days depending on complexity. That’s why I think legal practice is called a “practice” because everyday your suppose to practice and refine your work till its polished.
(e) initiative
» Click to show Spoiler - click again to hide... «
- if a company is hiring legal executives, it can generally only mean one thing… the head of legal need additional head count to alleviate work burden.
- you must be able to show that you are both competent (albeit you are not required to show extraordinary performance but a level that commensurate with your title) but have the thirst of learning.
- be mindful not to be a burden to your boss as he/she has probably enough work on his/her mind to worry about.
- before you apply for a position in an industry you “think” you are interested in, go to JobStreet for instance and have a look at their job description. Prepare yourself in those areas that are required.
Life Lessons:
» Click to show Spoiler - click again to hide... «
I remember my first proper job after attachment and joining a futures broker. I had no idea what a futures broker do nor have I heard of the company before! It was a case of groping in the dark. Nevertheless, I took it upon myself to learn, understand the business and venture into territories that no one would touch or consider toxic to find a solution so that the business interest could flourish. True enough by the time I departed the company, the lessons I learnt became the foundations as a legal executive. Remember I mentioned it took me hours to type an email, now it only takes me minutes. Of course it still boils down to complexity of the issue concerned.
5. Salary
In-house executive don’t live a glamorous career like lawyers (as shown on TV, am not too sure about the local scene) but it will provide you with stable platform in terms of having a secure job.
This is a rough estimation of in-house legal are getting;-
» Click to show Spoiler - click again to hide... «
Junior executives – between RM 1,500- 2,500
Executives – between RM 2,500 – 3,500
Senior Executive – between RM 3,500 - 5,500
Assistant Manager – RM 5,500 – RM 7,000
Manager – RM 7,000 – RM 10,000
Head of Department – RM 10,000 above
Increment expected –
» Click to show Spoiler - click again to hide... «
min 3%, mid 5%, max 10%
The only sole consolation for an in-house lawyer is the bonus, higher than statutory EPF contribution and medical benefit the company has to offer. These are areas one should consider.
From what I understand from practicing lawyers, “generally” they have higher than normal salary but sucky everything else. Then again that’s just rumour.
6. Resume
» Click to show Spoiler - click again to hide... «
Believe it or not I did mine in point form instead of the long wordy essay in samples that you see. Unlike other professions, the work you have done reflects your level of experience, complexity and issue involved.
7. Pros and Cons
You need to ask yourself whether you are willing to give up practicing as a lawyer or in house. A lot of people will tend to tell you it’s a waste but you have to make your own career choices. Fortunately, in life there are no right or wrong answers, the worse is you can’t make up your mind.
Pros for in house
» Click to show Spoiler - click again to hide... «
> specialization (your scope is limited to the industry your company is venturing in)
> stability in income
> family time
> additional benefits
Cons for in house
» Click to show Spoiler - click again to hide... «
> limited experience gained (you won’t learn conveyancing/litigation in certain industries)
> limited income
> an employee only (lawyers can gradually evolved to become their own boss and running their own show)
> no knowledge of conveyancing/litigation (this is probably the biggest hurdle for those who intend to jump directly into in-house as a law graduate, this will have an impact on your salary)
Mitigating, my 2 cents if you want to mitigate the risk above:-
» Click to show Spoiler - click again to hide... «
> change jobs every 1-2 years.
> if you have a knack for reading annual reports, a profitable company generally pays well.
8. Conclusion?
» Click to show Spoiler - click again to hide... «
Given the choice, I would perhaps do my chambering. The area I would want to learn is conveyancing and litigation. These are probably the biggest pitfall for one who has jumped directly into in-house legal. Thereafter, I would consider whether to join in-house or to continue where I am. Take that 1-3 years to practice and hone certain skills that will be useful and enhance your value i.e. drafting, review, opinion writing etc… and/ or certain areas of law that are useful (specialty areas) i.e. labour/employment law.
Although my conclusion is skewed in a certain direction, it does not preclude you from attempting to apply for an in-house position. Ultimately, you have to weight all the concerns and determine the best course to take.
Edited - 15/5/2014 (typo and formatting)
This post has been edited by aurora97: May 15 2014, 02:36 PM