Yes, salary negotiation is possible during lateral moves, though the flexibility varies significantly by firm size, market conditions, and your leverage. BigLaw firms typically have more rigid pay scales, while mid-market firms often offer greater negotiation room on base salary and bonus structures.
The right time for a lateral partner move depends on market demand for your practice, your book's true portability, and your firm's trajectory. Strong lateral markets and personal growth momentum often align with optimal timing.
In-house lawyers serve as internal legal counsel for corporations, handling everything from contract negotiations to regulatory compliance. They typically enjoy better work-life balance than firm attorneys but may sacrifice some compensation upside for stability and direct business involvement.