Quote:
Originally Posted by markharris
Hi everyone, first-poster here. Would appreciate your kind advice. Apologies for vagueness, Singapore is small.
For singaporeans studying law in UK unis currently, what are the pros and cons of coming back to singapore to practise vs getting a TC in a City/MC firm in London?
Background: Oxbridge law degree (2.1), secured several offers from local firms and one of the top 2 International JLV (not CC)
Practice area: Dispute resolution, particular focus on International Arbitration.
Aside from the obvious financial benefits of working in london, would appreciate any further insights. Thanks !
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The financial benefits are not as "obvious", for the following reasons:
(1) unfavourable exchange rate (assuming you intend to return to SG eventually and will convert your money back to SGD)
(2) higher income tax
(3) rent, food etc in central London (as opposed to, perhaps, FOC living with your parents in SG).
You'll still come out ahead financially, but not by much.
That being said, the training in City/MC firms is far superior to anything offered in any SG firm. It will put your CV far ahead of many others if/when you finally decide to come back to SG to practice.