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Old 07-02-2022, 12:33 PM
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Originally Posted by Unregistered View Post
This is quite outdated (and some parts weren't true in the first place).

Each of the US firms take different approaches to determining pay for their SG assocs. They do NOT peg to the London or NY scales. They also each have their own methods for discounting PQE, and they can also offer different amounts based on the individual. There is really no way to say for sure whether a US firm will pay you Cravath, MC level or lower.

The only meaningful way to compare across the international firms is to use a specific PQE (SG) as a reference. At the 1-2 PQE (SG) mark, after the recent pay raises, the MCs (which follow the UK scale strictly) are pretty much the top payers in the SG market even compared to the US firms. 4-5 PQE (SG) onwards, certain US firms become the best paying because you would usually at that point be put on the Cravath scale given to their US / London assocs.

MCs' UK offices are now paying 107,000 pounds per annum (approximately SGD 195,784 per annum) for UK NQs (equivalent to SG 2PQEs). So MC firms are paying SGD 16,135 per month to 2PQEs in SG? Bonkers if true.
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