Author: Dollar Barrister

Key Takeaways From the 2019 BarkerGilmore In-House Counsel Compensation Survey

A “record-breaking” number of in-house lawyers participated in the 2019 BarkerGilmore In-House Counsel Compensation Report (approximately 2000 of us). As I’ve said before here at Dollar Barrister, I find these annual surveys to be invaluable in benchmarking my own compensation and advising friends and colleagues who are also in-house on the suitability of their compensation packages. I personally found the data in this 2019 edition of the Report to be generally consistent with what my friends and colleagues are earning. I also think BarkerGilmore does a great job of parsing the data it receives in a meaningful way that should be helpful both to job seekers and in-house lawyers getting ready to fight their finance and accounting departments during FY20 budgeting

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Is the law firm model “fundamentally broken?” Millennials say yes.

In survey results that they published a few weeks ago, Above the Law and Major Lindsay and Africa presented thoughts from 1200 polled millennial attorneys on private law firm practice, making partner, and how their career goals align with the goals of their law firms. The report also contains some interesting data points about how this millennial lawyer cohort views in-house counsel practice – obviously of significant interest to us here at Dollar Barrister. In fact, one of the questions posed to the millennial cohort was “why are you interested in going in-house?” In this article, we take a look at millennials’ responses.

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How to use our household finances Excel spreadsheet to stay on top of your savings during tax season

It’s tax season again! April 15 is right around the corner, and you might be getting ready to write a check to the IRS (ugh) or trying to figure out what to do with a refund check (yes!). If so, having a spreadsheet like this at your fingertips to calculate credit card payoff balances and utilization rates, cash flow, savings, and your net worth is critical to staying on track with your financial goals once April 15 comes and goes. It’s priced at $25, which we think you’ll agree is a fair price once you dig into the template, start using it, and see your net worth and cash flow management skills increase. What gets measured gets improved!

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What is the future for in-house corporate counsel practice in the era of legal tech, AI, and outsourcing?

What does the push for AI and automation in contract reviews and corporate law practice mean for lawyers in the trenches, many of whom have already seen colleagues in other parts of their organizations get outsourced? In this article, we argue that educating senior management about the limitations of AI is more critical to ensuring long-term in-house lawyer viability than vetting new products, which should have a long way to go before they replace lawyers entirely.

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How to draw a line between your personal and professional lives if you work remotely or from home

Working from home is great in many ways, but if you’re not careful you can find yourself slowly sliding into some bad habits. Here are a few tips from my perspective in the trenches working from home that will help you stay focused, productive, and get the most out of your flexible working schedule, if you’re lucky enough to enjoy one!

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Building happier and wealthier in-house lawyers!

Building happier and wealthier in-house lawyers!

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