Early stage startups can be especially hilarious that way, especially when young founders/early stage employees mistakenly feel they need a "big" title to be taken seriously...
Early stage startups can be especially hilarious that way, especially when young founders/early stage employees mistakenly feel they need a "big" title to be taken seriously...
General counsel (at least in the Anglo-American context) means the senior legal advisor to an organization. As attorneys, they are required by law to have admission to the bar of the relevant jurisdiction, and to observe certain ethical standards and practices. This is not a made-up title and if it is that means there's a lawsuit for unauthorized practice of law that hasn't been filed yet.
IMO, you’d be stupid to take a job like that if you didn’t have the degree and have passed one or more bar exams in the appropriate related jurisdiction(s), but I don’t know that it’s actually required.
Of course, the VP being the threshold target role for this is a choice, but it seems to be useful in contexts like banks to have some sort of dividing line.
Typically at banks, the ranks are: analyst, associate, VP, managing director. Everyone eventually gets to VP, so it's not a particularly high level. It's similar to how tech companies have a level everyone is supposed to reach (often "Senior"). So, analyst is an entry-level role, associate is a mid-level role (2yrs experience, or a higher degree), and VP is a terminal role. VP is a wide band, though, so there's often sub-levels within that (whether publicly visible or not): managing director is a very high title at a bank.