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Old 22-12-2018, 12:42 AM
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Originally Posted by Unregistered View Post
Disgusting. Working in big 4 is looking like a less and less attractive proposition every year.

In the past, the unspoken bargain was that you sold your soul away to the firm for the first few years in return for a steady $1k lockstep increase annually.

Hope the international firms squeeze the Big 4 out of business together with their greedy local partners. B*stards.
Yup. It used to be a bad value proposition. Now it's just trash. With lockstep $1k/annum increase and lockstep salaried partnership out the window, there's really 0 value in staying in a local Big 4 firm for the long term.

Also, someone earlier posted that they give higher increments at the 3-5 PQE range. I can confirm this. It's just a trick to get you to stay even longer (because that's where the industry hollows out), don't fall for it. If you do, then you get trapped with almost no prospects of partnership AND your value to other firms will soon drop quickly, because they know you're moving out only because you can't make partner.

My advice? Get out at the 2-4 PQE range. If you're from a Big 4 law firm, you'll definitely have options (whether to in-house, a smaller law firm, or an int'l law firm is really about luck and timing and your own credentials)
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