If you are as lucky as I was, you stumbled upon a public service job as a young lawyer and loved it so much that you made it a career. But all good things must come to an end. With retirement from state service looming, I had to decide if I was ready to retire from the practice of law for good. Add the uncertainty created by the pandemic and the sense of isolation it evoked, and suddenly, there I was in private practice!
After 36 years as a government lawyer, doing a job I loved, I never thought I would end up in private practice, and, to be honest, I was full of trepidation. The last 12 years of my public service were at the highest levels of a state agency, where I had been more a manager than a lawyer. Before that, I spent more than 20 years doing specialized enforcement work, much of it as a middle manager, which didn’t always provide opportunities to maintain the skills important in private practice. I worried. Would I be successful in private practice? Would I enjoy it? Was I making the right decision?
Now, with nearly three years under my belt at a well-regarded midsize full-service law firm, I can answer those questions all in the affirmative. Was the transition easy? In some ways, not really. What would I have done differently? Very little, but there are some things I learned along the way that all government lawyers thinking about private practice, no matter where they are in their careers, should weigh before making the leap. Below are the five most important factors to consider when thinking about a transition to private practice.
1. Are Your Skills and Interests a Good Fit for Private Practice?
An honest self-assessment is the first task a government lawyer should undertake when considering private practice. Is private practice right for you? What skills have you developed that will translate well to private practice? Are you a litigator with substantial trial experience, or do you work in legislative or executive branch policy? Do you have strong deposition and oral argument skills, or are you more of a researcher or writer? How strong are your relationships within government, and if you are a senior manager, what level of management have you achieved?
While it is true that more seasoned senior government managers who have developed an outstanding reputation in public service are highly valued for their significant experience, their close relationships within government, and their deep understanding of the inner workings of the various agencies within government, even government lawyers with just a few years’ experience may be of value to private firms. For example, prosecutors who have developed sufficient trial experience and strong litigation skills, particularly in high-profile or complex matters, are always in high demand, as are lawyers who have worked on complex policy issues involving highly regulated industries that are constantly under government scrutiny. It is common for attorneys who have worked at regulatory agencies or staffed legislative committees involving regulated industries to transition, as government ethics rules or other post-employment restrictions permit, to firms that specialize in representing entities that appear before such regulatory bodies.
A well-considered self-assessment is crucial, first, in helping you decide whether private practice is a good fit for you and, second, in helping you narrow your focus to firms that offer opportunities aligned with your skills and interests.
2. How Do You Plan to Develop Your Practice?
Because lawyers hired directly from public service necessarily bring with them no “book of business,” the first inquiry any interested firm typically makes of a potential former government attorney hire is, “Do you have a business plan?” Having a carefully considered and detailed business plan is vital to any successful transition to private practice. Drafting the plan will help you think through precisely what you want your practice to become and will ensure that any firm that hires you is on the same page when it comes to your potential for adding value to the firm, as well as how long it may take to attain that value.
It’s important to be realistic when preparing a business plan. Think through what you’d like the focus of your practice to be. If you are an extrovert and believe your skills and reputation are such that you could be a potential “rainmaker” for the firm, regularly bringing in new clients, then your business plan may reflect higher expectations over a shorter period of time than someone who perhaps is more of an introvert and expects to play, initially at least, more of a supporting role to more experienced lawyers with established clients, before eventually developing their own clientele.
Crucial to utilizing your inherent value as a government lawyer in a specific area or at a particular agency is marketing that value in a meaningful way. Your business plan, therefore, should also include a marketing plan. If you are bringing an entirely new expertise or practice area to a firm, how can you effectively market yourself to the firm’s existing clients, and how can you successfully draw in new clients? Or, if you are supplementing the skill sets of lawyers already at the firm, how can you best highlight your own unique qualities to ensure you become an essential part of any legal team?
Once you’ve laid out your marketing plan, it is important to explore with any interested firms whether and how they will support you in your marketing efforts. Will they provide a reasonable budget devoted to your expected marketing opportunities? Will they encourage your engagement in things that get your name and experience out there, such as making panel presentations, public speaking, teaching, or writing articles? And finally, will they cover the cost of attending important networking events, such as relevant bar association or other trade association meetings? Firms that balk at making this initial investment are likely not firms you will want to consider.
3. The Firm You Select Matters
While knowing you have a firm’s support to build your own book of business from scratch or achieve any other goal you have set for yourself is a key consideration in choosing the right firm for you, it is not the only one. There are several other factors you must explore with a firm to ensure that it is the right fit for you.
First, Is the Firm Reputable?
You spent considerable time in public service cultivating a stellar relationship as a professional, accomplished, and respected government attorney. It is, therefore, important to ensure that any firm you join is equally reputable.
Second, How Is the Firm Structured?
Firm structure varies, but most firms have a rigid tiered system of junior associates, senior associates, and then different levels of partners—some may be equity partners (they have “bought” into the firm), and some may be non-equity partners (they have not done so). Then, there are lawyers who have moved to senior status or are “of counsel,” usually meaning they have opted to become salaried attorneys with the firm. Depending on where you are in your legal career, the firm structure may be important to you. For example, if you are an experienced attorney, you would expect to be immediately considered for a partnership, and for firms that require equity partners to “buy in” to the firm, you must assess whether you can afford to do so. For some firms, this is the only option for a partnership. If that is not something you would be interested in, then you should likely remove such firms from consideration. If you are less experienced, you will want to understand what the firm’s expectations are for associates and how long it might take you to become a partner.