Top component supplies the sound (exact match: zhuō) and a strong semantic echo.
卓 means 'tall, upright, standing out' — a fitting picture of a table standing on its legs. Note the slight contraction: standalone
卓 has 8 strokes, here compressed to 6 in the top position.
桌 was originally written as just
卓; the wood radical was added later to specify the material. Same phonetic in
倬 (zhuō, conspicuous).