Reply to SEC SK-17 — why would anyone be one?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Depending on your division SK-16 positions are not easy to get.  Most attorney roles cap out at SK-14.

I think the SK-15 roles are actually much harder than the 17 roles because you have both production and managerial responsibilities.

Finally, if you take the SK-17 role your private sector exit options will be far greater than as a 14.[/quote]

Is sk-17 assistant director? From what I've seen, you've got to be at least an assistant director to get partnership at a biglaw firm. Anything lower translates to senior associate / counsel level at best. [/quote]

Law firms have no idea what they’re doing, then.  The responsibilities and skill set of an AD/SK-17 (at least in Enforcement) bear zero resemblance to those of a junior or senior law-firm partner.  A [b]smart law firm should want to hire a hard-charging staff attorney[/b] (who’s actually been doing substantive legal work and running their cases) rather than a paper-pusher who does little more than approve HR requests and proofreads things. [/quote]

Smart law firms are focused on attracting business. Whether justified or not, current and prospective clients are often impressed with the kind of credentials that SEC senior staff bring to the table.  Nobody gives a f*** about a hard-charging staff attorney.[/quote]

When the next recession comes, we’ll see how long those “impressive” senior staff last. Most aren’t even equity partners — they’re essentially counsel but with a fancy title. No book, no equity — at least at good firms. [/quote]

You are a bit off.  Firsdt if there is a recession the SEC enforcment defense practice always is at its busiest.  So no -- no one in that practice will be let go.  Second, an Assitant Director is not senior staff.  More middle management.  [/quote]

In a recession, private security litigation tends to pick up because when stocks drop the plaintiff bar often argues there was some form of misconduct.  But that's really very different area of practice than SEC defense work.[/quote]

Government investigations including at the SEC increase in recessions.  Also the SEC always gets more funding so more investigations.  [/quote]

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