What are the Pros and Cons of Working at a Law Firm?
Are you interested in knowing what it’s like to work at a law firm? Working at a law firm enables legal professionals to get the experience they need so they can move up and earn a partnership. This may or may not be the profession you’d like to be in, that is why it is important that you learn about the pros and cons of working in a law firm. It helps to know what you can expect including the types of law that is practiced at these firms.
What is a law firm?
A law firm is considered a business organization consisting of law professionals that provide legal services to various types of clients. Law firms hire attorneys, lawyers, admins to support legal cases, and other support staff. Law firms also hire both associates and partners depending on the level of experience they have as well as the duties within the firm.
Pros of Working in a Law Firm
There are a lot of benefits that can come from working in a law firm. These benefits can outweigh the negative. Some pros of working in a law firm include:
- Work volume is consistent- Law firms can handle many cases at a single time. They do this to be able to provide a different level of legal services for their clients. Law firms can also provide a steady amount of work to their employees, unlike freelance or solo practices.
- A high volume of resources- Law firms offer various types of resources for their employees, including the opportunity to network from connections within the firm. Firms may also provide the ability to research onsite via their libraries.
- Giving back- Attorneys that work for a law firm have the ability to give back to their community by assisting others via legal services. Firms may also handle pro bono cases to help clients who may not be able to afford these services.
- Business promotion- Solo practice firms normally have to produce marketing on their own. Law firms automatically provide marketing. When you work with a firm, you will be able to dedicate your time to focusing on your craft as an attorney rather than running your own company.
Cons of Working at a Law Firm
Some cons of working at a law firm include:
- Long work hours- Most attorneys that work in a law firm often dedicate long hours to fulfill various responsibilities that are necessary for legal cases. Most attorneys can find various ways to manage work and balance their personal life at the same time. They do this by taking part in social events with other attorneys and taking vacation time on a regular basis.
- Hours that are billable- The majority of firms require both associates and partners to complete a certain number of hours that are billable and tracked on a weekly, monthly, and yearly basis. This means that all attorneys must record how their time is spent during the day and inform the firm.
- Competing for promotions- The main goal of working for a firm for most lawyers is to move up to partner. In order to be promoted to partner, an attorney will have to work for many years and compete with other associates prior to earning the title of partner.
- Supervision is closely monitored- Lawyers that work in a law firm are closely watched from upper-level associates and partners. This means that most lawyers that work in firms, work under pressure.