Nope. Because you don't get five digits in your first few years (locally). The difference in the starting salaries between law and IB as well as the increments in your first few years is monumental, especially in Singapore. In the long run, you will make more as a lawyer if you stick it out in private practice, largely because you are able to become a profit participant in a firm rather than remaining an employee. However, it will take a long time (and you have to be quite successful) to get there.