Salary.sg Forums - View Single Post - Lawyer Salary
Thread: Lawyer Salary
View Single Post
  #6644 (permalink)  
Old 20-06-2020, 09:42 PM
Unregistered
Guest
 
Posts: n/a
Default

There are many parents who have sent their kids overseas to do law.
Unfortunately, contrary to popular belief that all these parents are rich and affluent, this is not true.

Some have indeed borrowed heavily from the banks, pledged their houses as collaterals, in order to take out a loan to fund their child’s LLB and LLM in UK.
This is very true. Some have even withdrawn all their CPF monies at 55 to pay for their children’s overseas education.

Among my friends, most of their parents have actually downgraded from a landed/condo to a HDB as a result of this commitment.

When quizzed why they do this, a few variations in replies but a common thread throughout.

They want to help their child fulfill their ambitions to become a lawyer.
At the end of the day education beats inheritance, for instance.

The sad thing is that most of these parents do not know how cutthroat the legal industry is.
Everyone assumes that those who go overseas are rich, this is plainly untrue.
In fact a good number of them have sold their cars, their property in order to fund their children’s overseas education.

They believe that an overseas education would give their child greater exposure.
For the young parents out there who are lawyers yourself, and provided you love your kids, you’ll also someday want the best for them. It may be a stretch to send your sons or daughters to Oxbridge/LSE but you’ll still do it nonetheless.
That’s a parents’ love.

Whether it adds to job prospects, that’s a different issue. But acknowledge that whether there is a competitive advantage or not, or whether it makes you worse off, the clear fact is that parents are just helping their children fulfill their ambitions.
Guys at 21 and girls at 18 still view the world as unadulterated, pure, innocent and simple.
You think they know what is PTSD, burnout and depression?
They can read of it, but going through it in practice is different from reading about it.
If not why do people talk about experience, about walking through life and having regrets, etc. It’s a cycle of life.
Reply With Quote