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Old 27-10-2018, 04:40 PM
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Originally Posted by Unregistered View Post
This is common knowledge and has been repeated many times here, but I think must be said again for the benefit of mid career people contemplating a switch to law:

Law is only lucrative if EITHER: (i) you got into NUS/SMU law, paying local undergrad school fees, OR (ii) you could only get into 2nd tier UK/Aus unis but family is wealthy enough to fund overseas studies without feeling any pinch, OR (iii) you got into Oxbridge.

For mid-career switchers, you need to think long and hard about the costs of a 2nd degree in law (which is essentially considered a 1st degree) plus the opportunity costs of halting your current earnings.

Remember, a law degree is NOT A PROFESSIONAL DEGREE (at least not under the Commonwealth, non-US/Canada common law system). It is a FIRST QUALIFYING DEGREE - for all intents and purposes, its an undergraduate degree.

Getting a second degree in law is NOT like getting an MBA. Don't expect a salary premium unlike say an MBA where, if you go into management consulting, you can leapfrog the Analyst position and enter straight as an Associate (with higher pay).

As a 2nd degree LLB grad, you will still need to hustle with all the other undergrads for TCs/jobs and endure the kind of underpaying salaries and exploitative hours that the legal industry in Singapore is known for (note: this refers to local/Singapore law practices only).

Some of you might, even after spending tens of thousands of pounds to acquire a 2nd degree from a UK uni (to a lesser extent this also applies to getting a GLB/JD from NUS or SMU), still have to settle for Chinatown law firm positions paying peanuts and servicing man-in-the-street clients who can't pay.

Don't get me wrong - there's certainly nothing wrong with doing community law work. It is respectable even, but the truth is, it doesn't pay, and that will reflect in your salary as a legal associate working in these firms.

I'm saying this so that future mid career professionals will think very carefully before they decide to make the jump.
hear hear.
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