Reply to Biglaw - twelfth-year associate??

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Is there really that much of a difference between the associate, the "counsel" paid a salary, or the income partner? They're all paid a salary and are employees, not owners -- it is just nomenclature? [/quote]

It depends on the firm.  But in my former firm, yes there was a difference.  While no one is guaranteed a job these days, obviously, a counsel in my former firm has a lot more job security than an associate.  The associate position is rarely understood to be permanent.  [/quote]

This. Associate attrition is both expected and necessary. Ideally the best become partners. Counsel is supposedly a more permanent role. [/quote]

Or a holding role that gives you 24-36 months to build a book sufficient to feed yourself and make a little money for the firm.  Counsel as a permanent role is reserved for subject matter experts who are in demand from the firm's or other partners' clients.  Think tax, ERISA, patent (EE or CS) and other esoteric practices.[/quote]
Isn't it basically an associate role that's switched to being called "counsel"? I imagine these counsel paid a salary have billable hour requirements so the firm can make an expected amount of money off them? How does it differ from "staff attorney"? [/quote]

Staff attorney is below associate at most firms. They are not partner track, and they generally don't provide legal advice to clients. [/quote]

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