A personal friend of mine was just laid off from a Fortune 500 law department in the aftermath of what has to be honestly labeled a power struggle. While in-house positions are generally secure — indeed, that is one of the strong selling points for going in-house — surprises occur. Companies evolve, merge, change or sometimes fail.
Most of the time, the next step will be an in-house position elsewhere. But there is a significant uptick in the number of inside counsel who are returning to law firms. And not as the worker bees.