Quote:
Originally Posted by Unregistered
Given that our big 4 newly qualified lawyers have median salaries of SG$66k (i.e approx US$48k) vs the US$180k for new associates in US BigLaw firms, I would expect that even the big4 partners earn closer to a US Of counsel than a US firm partner.
|
That’s not true. Big 4 senior partners could earn more than their equivalent in MC and US firms. Why? Because equity share in local firms is hopelessly uneven and pyramidal. You would be surprised how resentful junior equity partners are of the fat cats who do much less work and still take home millions of dollars a year.