Quote:
Originally Posted by Unregistered
Thanks all for your responses! I was the original poster who asked the qn.
Of Counsel is only an A&G thing? Based on what I know from some seniors/contacts. I don't think other Big 4 firms employ the Of Counsel rank as an in-between SA and JP, but I suppose this trend may catch on.
As a senior associate, I would probably leave the firm if I don't get made JP within a reasonable time and go to a smaller firm that is willing to. While some may say that the title is meaningless, I think that its still quite important morale-wise, especially if your peers of the same batch are being made up and you wonder why you aren't.
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So smaller firms tend to be less hierarchical. And the partner in a smaller firm is technically a rain maker job. Whereas in the big firm you still have Junior partner or salaried partner.
In the international firms, the differentiation is even greater. Most people will end up as senior associate for a very long time and rarely make it to of counsel.
Of counsel in the big 4 is quite a new thing, started at most 1-2 years ago. So the seniors wouldn’t know much