What is the difference between counsel and income partner at Mayer Brown? Does counsel lead to partner typically? Or, do associates go straight to income partner? And, what are pros and cons of each from a comp and wlb perspective? E.g. is there more flexibility for a reduced schedule with the counsel title? Is compensation significantly less as a counsel vs an income partner?

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I think counsel can have custom pay arrangements like % of collected revenue etc. and no business development requirements. income partner has other benefits like title and inclusion in partner email distributions etc. i think you can be counsel for a long time but for income if you don’t elevate to equity after five years you’re generally expected to leave, which is like other firms I think.

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F

F

F

…..anyone? lol

People can be counsel for a few years before switching to income partner or counsel indefinitely as an alternative path. I know several people who chose to become and stay counsel because they preferred the service role and didn’t want the admin and business development side.

How does the comp compare?

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