Let me add something: The MBA period will provide breathing space and clarity concerning your future job prospects if you choose to pursue it. I think the money factor is not a concern for you (assuming) (for applying to an IIM post-CAT). You can also go for a one-year executive MBA program instead of the two-year one.

You made a good decision by choosing to work as an in-house counsel over being at the mercy of law firms where the work-life balance is in shambles. Since I don't know your exact work experience in "number of years," let me take a guess (approx 12-15 years), Maybe you can try to do an MBA from an IIM or a decent institute, and that degree coupled with your extensive experience in various companies as an in-house counsel will get you the perfect job. Many companies do hire Chief Legal Officers/GCs (that MBA degree might help). So that's my take. I hope this helps...

I started my career as an in-house counsel, and worked with a few great companies! At this juncture, I just feel stuck as there are hardly any in-house roles open for a mid-senior level experience and the law firms are not okay with giving a chance to someone with a majority in-house experience. I never felt so scared of not growing in my career! Has anyone gone through the same? Can you suggest a way out? I keep regretting my decision of not starting my career with a law firm and sticking through.