Quote:
Originally Posted by Unregistered
This is very misleading.
Only the top few US law firms (e.g. Wachtell, Cravath) are on lockstep at that scale. Most other US firms pay according to an eat-what-you-kill basis where compensation is tied directly to origination. New partners at such firms are unlikely to get anywhere close to USD2 m in their first year, more like 500k-1m.
Nevertheless, a US partner will often outearn an SG partner at the same level of seniority.
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Are you guys talking about the US firms’ offices in Singapore or elsewhere? I can’t tell whether you’re comparing apples with apples or apples with oranges.