Quote:
Originally Posted by Unregistered
I won't comment on the rest because I cbf. Just on the salary point, if you were inclined to actually be reasonable in your analysis and compare apple to apples - comparing BMWL starting salary to MC starting rates is not a reasonable comparison, because MC starting is for NQs on the UK scale (i.e. 2 years of training + LPC, the total could be close to 3 years past your law sku graduation). Accounting for this difference is something the firms themselves do - if you are a 2 PQE in a SG firm and you move to a MC, you will be taken as a NQ and paid accordingly.
So, if you want to compare properly:
(A) To begin with, BMWL starting of 8.5k now (yes, it's 8.5k) is higher than what u will get as a MC trainee.
(B) For assoc salary, you should be looking at BMWL 2 - 3 PQE salaries and comparing that to the MC starting salary. At that point, BMWL is close to the 12-13k mark you gave. The same goes for B4 (which definitely pays less than BMWL), but the point is if you compare at the 2-3 PQE mark, the difference is not as great as you think (but yes, there is definitely still a difference).
Don't get fooled by a big wall of text - idiots usually talk the most.
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not the op, but this is quite misleading
1. we're comparing bmwl with mc firms which pay sg qualified lawyers on the international scale in sg. you don't have to migrate to the uk and take the lpc before you are paid on the international scale. the problem with bmwl is that they claim to be an international firm, but they don't pay international rates in sg unlike the mc firms. so the proper timeline for comparison is the first 2 years in sg, which is how long it takes to complete the training programs for mc firms in sg
2. the bmwl trainee salary is lower than the mc trainee salary. comparing cc's salary (since they publish it on their website) and your claim of 8.5k for baker 1PQE:
baker's pay for initial 2 years: 2k x 12 + 8.5k x 12 = 126k (average of 5.25k per month)
cc's pay for initial 2 years: 6k x 12 + at least 7.5k x 12 = at least 162k (average of at least 6.75k per month)
even if you consider the initial 3 years, the difference only widens:
baker's pay for initial 3 years: 2k x 12 + 8.5k x 12 + 9.5k x 12 = 240k (average of 6.3k per month)
cc's pay for initial 3 years: 6k x 12 + at least 7.5k x 12 + 13k x 12 = at least 318k (average of at least 8.8k per month)