Feeling Stuck After 10 Years at the Same Firm? Here's What to Consider Before Making a Move

Description

In this Q&A video, Harrison Barnes discusses the challenges attorneys face when considering a lateral move or changing practice areas after being in the same firm for a decade. He explains that while it’s possible to switch practice areas, it can be very difficult after 10 years of specialized training, as law firms are often reluctant to hire someone seeking a change. Barnes highlights that attorneys in stable environments where they are valued may be better off focusing on business development to improve their situation rather than taking the risk of an uncertain lateral move. He warns that moving to a new firm could introduce instability, even if the financial prospects appear better.

Question:
I've been at the same firm for nearly a decade, and while it's stable, I feel like I've hit a ceiling. The idea of making a lateral move or changing practice areas is daunting. What are some of the most important factors to consider when deciding whether to stay in a familiar but limited environment? It actually feels more costly than taking a risk.

Answer:
A couple of things. First, if you've been practicing in the same area for 10 years, it's certainly possible to switch, but it will be incredibly difficult. You've built up a decade of specialized training in one area, and law firms are unlikely to hire someone with that level of experience who wants to completely change practice areas. You might be able to join a firm where you can work in multiple areas, but that can also be risky. When you're 10 years in, you're in an environment where you're currently valued, and staying may offer more stability. You can improve your position by learning how to bring in business. On the other hand, making a lateral move means entering an unknown firm culture, and many attorneys find that the new environment is less stable or not what they expected, even if the compensation initially seems better.