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Reply to "Distinction between partner and counsel positions "
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[quote=Anonymous]Partners usually have to buy-in,have clients, responsible for developing clients,and have to pay full cost of benefits (which can be expensive unless able to get coverage for family through spouse's employer). Of Counsel status can be better than non-equity partner status due to fewer expenses & fewer responsibilities. FWIW Partners can be let go just as non-partners.[/quote]
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