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Old 24-06-2021, 11:29 AM
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Originally Posted by Unregistered View Post
Why in the world would you want to do that??

Do you really want to switch from a cushy RM job to become an overworked underpaid and much abused junior associate?

And yes, you will start out at the bottom. There's no way you will lateral to a midlevel position without prior legal experience; it doesn't work that way.

On a related note, your PB experience will definitely get you traction in the following practice areas: private client, wealth planning / asset management, trust and estates. Especially your extensive contacts with other private bankers.

Not many law firms have practice groups in this area here, after all this isn't London and there aren't that many dukes, duchesses and billionaire Russian oligarchs here (only rich Indonesians and they are usually shady).

Your best bet would be offshore firms: eg Ogier, Walkers, Harneys, Maples & Calder, Conyers.
How much do these offshore firms start the laterals with 2-3 PQE at?
What are the salaries for associates with 4-6 PQE and senior associates like?

is this based on PQE? or is there a industry standard % of billable hours? is the salary 250k if say you bill a couple of million dollars as a senior associate etc.

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