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Old 05-07-2021, 11:45 AM
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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
Really interested to hear what are some of the reasons a SA at an international firm choose to stay where they are, when their peers at a big 4 firm may have already become JPs. Am speculating here (and would love to hear others’ views) but is it because the title of “partner” becomes less important when the international firm pays more and is it also perhaps due to a declined interest in making equity partner?
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