Oscar Romero is at a crossroads. After 13 years as an in-house lawyer at Bridgestone Americas Inc. in Chicago, he’s leaving the company next year as it consolidates several offices into its Nashville headquarters. One idea he’s toying with: founding a consulting firm that helps companies determine their potential risks—compliance concerns, antitrust issues, weak trade-secrets protection, the potential for insider trading. “If I’m going to do something like this, it’s now or never,” Romero said.
Romero is in a rare position. Not many in-house counsel drop their training, expertise and job security to become entrepreneurs. The change from business partner to business runner is freeing, said several former attorneys, and it is similarly humbling. But it still goes against the risk-aversion ingrained in so many attorneys. And of the lawyer-originated companies out there, many are a safe bet—legal services consultancies and advice firms are common.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
