Rarely do corporate law departments hire directly from law school

Most general counsel would nod agreement with David Krasnostein, the General Counsel of Australia’s National Australia Bank. His department of more than 120 lawyers looks to recruit third and fourth year associates from private law firms. “They’ve already been very well trained by the firms and you don’t have to go through the pain of training them from scratch and that’s a big advantage.” (See my post of Sept. 21, 2005 about hiring secondees.)

A consequence of having no lawyers less than several years out of law school is that in-house counsel, if they are not supported by a cadre of paralegals and capable admins, may end of doing tasks that are below their training and compensation levels.

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