In a legal field where global job satisfaction reaches 80 percent or more in some countries, the competition for lucrative in-house counsel jobs can be stiff.

Corporations paying $150,000 to $300,000 can often have their pick of dozens, if not hundreds, of applicants responding to a job posting. But these positions are usually filled using the social network of attorneys who already work at the company, pulling from law firms that have done work for the company, or headhunters. For the most part, people with newly printed law school diplomas need not apply.