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> In law, some firms have been experimenting with a blurring of the boundaries between associate and partner, so that there's a middle level at which women can
by barry-cotter 7y ago
> In law, some firms have been experimenting with a blurring of the boundaries between associate and partner, so that there's a middle level at which women can enter into motherhood without tanking their career chances.
Of counsel[1] isn’t an intermediate rank, it’s a recognition that you’re almost certain never to make partner but that you’re capable of working with close to zero supervision. Non-equity partners[2] are closer, given that in some firms at least they get both a voice and a vote on firm wide decisions.
In academia the equivalent to Of Counsel is probably either a post doc or a Visiting Assistant Professor, both of which are contingent positions, like being Of Counsel. The closest to non equity partner is tenure track teaching faculty, often called lecturers in the US, or maybe staff scientist, which is more or less being a post doc with job security.
These positions already exist but post docs, adjunct faculty and grad students are cheaper, so they’re comparatively rare.
[1] https://en.wikipedia.org/wiki/Of_counsel https://en.wikipedia.org/wiki/Of_counsel
[2] https://en.wikipedia.org/wiki/Partner_(business_rank) https://en.wikipedia.org/wiki/Partner_(business_rank)
In law firms, partners are primarily those senior lawyers who are responsible for generating the firm's revenue. The standards for equity partnership vary from firm to firm. Many law firms have a "two-tiered" partnership structure, in which some partners are designated as "salaried partners" or "non-equity" partners, and are allowed to use the "partner" title but do not share in profits. This position is often given to lawyers on track to become equity partners so that they can more easily generate business; it is typically a "probationary" status for associates (or former equity partners, who do not generate enough revenue to maintain equity partner status). The distinction between equity and non-equity partners is often internal to the firm and not disclosed to clients, although a typical equity partner could be compensated three times as much as a non-equity partner billing at the same hourly rate.