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Thread: Lawyer Salary
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  #12368 (permalink)  
Old 22-06-2021, 07:22 PM
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Originally Posted by Unregistered View Post
The only important point was "the breakeven point for hiring a fresh lawyer is estimated at 3x their pay" - who comes up with this stuff?

It seems so arbitrary, like an excuse to work backwards and say because I bill $600k a year, I should be paid $200k a year and therefore ~$17k a month.

What kind of client is willing to instruct a bunch of 24yos who each earn $17k a month?
I will tell you which type of client: GIC, Temasek, Mapletree Investments, Razer, Sea, Grab just to name a few local names.
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