peterfile – happy to take offline if you prefer.
In answer to your question about the transition:
Hard to get a job first of all. I figured that, as an M&A lawyer, I had lots of transferable skills. Not so, it seemed, to employers who were looking for people with good commercial contracts experience.
I was told by recruiters that it would take a good 6 months to find the right role (right for me and the employer) and I would say they were right. It was made harder through doing all this during the massive employment slump of 2009. I interviewd for this role at the end of Feb and started here at the end of April (4 months' notice agreeably cut down to get me off the budget..!).
The transition to what I do now (telecoms – network side) has been and continues to be a steep learning curve. I wouldn't be here if I hadn't shown in interview that, although I don't know it, I can learn it. That was the key, but all roles will differ.
Resource is a challenge, but what I have found is that there are others in the team and wider business who can help out – I am one of three lawyers in the division I work in, and one of around a dozen across the business (a small number for the size of the business and the sector).
The role is decidedly more commercial – people donn't want to know the legal ins and outs, they just want to know that you know, and that you understand what they do. It's all about adding value – I try to describe my role as not one of obstructing entrepreneurial activities, but supplementing them by helping to lower the big risks. Seems to be working so far.
Sure, I'll never make the money I could have done in PP (but, like I say, the likelihood of being made up seemed so remote for several reasons) and I will have to move at some point for career advancement, but I'm a grown up and can handle that.
Tom