Quote:
Originally Posted by Unregistered
Monthly:
Big 4 (local): $6400 to $9200 (0-3 PQE); up to $11,500 (5 PQE); $12,500-$13,500 (junior partner) + bonus 1-3 months
International (Magic circle UK): $14,000-$18,000 (0-3 PQE); $20,000-$22,000 (4-5 PQE); $23,000-$24,500 (6-7 PQE)
+ bonus 5-10%
International (non-MC UK): $9,000-$17,000 (0-3 PQE); $13,000-$21,500 (4-5 PQE)
+ bonus 5-10%
International (US): USD $15,000-$17,500 (0-3 PQE if NYC scale); USD $21,600 (5 PQE)
Usually no bonus
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Correct me if I am wrong, but shouldn't International US firms who follow the Cravath NY pay scale be much higher? Following your figures above, it seems that the Magic Circle salary with bonuses added on will be higher than US firms.
Current rate is $180,000 USD per annum ($15,000 per month) in first years in NY, which should loosely convert to $20,500 SGD per month - how is it only $15,000 according to your figures?