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🎶Kya inta bura hoon me ma?🎶
Salaried/Junior Partner - Strategizing the execution of the mandate and attending client calls.
PA/Counsel - Answerable to the salaried/senior partners and handle the entire deal execution.
SA - Answerable/give the 80% finished deliverables to the PA/Counsel who handle the rest after back and forth with the salaried partners.
Associate - Due diligence, research, filing and execution.
Intern (Merit) - Assist the associates with the research/due diligence. Not given filing and execution work unless they are on assessment basis due to confidentiality of the deal.
Intern (Contacts) - Mostly their parents are the clients so they go for multiple rounds of coffee, 100 smoke breaks and are later given the PPO.
P.S. ~ Intern baabu aap bhi bata sakte ho.