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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Not asking for sympathy but I'm a big law counsel and I've tried to leave so many times to an in house role in my field and have been passed over every time.  So I am stuck here making half a million (unless I want to hang a shingle which seems like way more work).

Golden handcuffs that I can't even get out of even though I want to.

[/quote]
You're making $500,000 as counsel? Do you even have billable goals?? I thought counsel / of counsel folks were often paid by   percentage of receipts, so while there's an incentive to work more to make more, the firm doesn't necessarily lose if you bill less (except overhead contribution). [/quote]

That's funny. Nowadays, most counsel are glorified senior associates with black box comp, which means make the same or less than an 8th year. [/quote]
Then why wouldn’t they just stay a senior associate?[/quote]

DP. At my friend’s firm, of counsel seems to be a step up in title and gives her more authority to deal autonomously with clients & opposing counsel. Not sure how it affects her comp & hours, but she seems to expect it to give her more leverage to turn down work and draw boundaries - eg take a long vacation, not work 12 hr days continuously. Seems to be a recognition that she is a valuable senior part of the firm but not partner. [/quote]

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