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Old 26-05-2022, 05:34 PM
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Originally Posted by Unregistered View Post
Sorry to burst your head-in-the-clouds bubble, but the bulk of local litigation is made up of cases *other* than complex multi-million dollar disputes. Even commercial litigation. We are looking at sub-SGD $10M disputes between local corporates and SMEs, or between HNWs. That's the 'middle and working class strata' of the litigation world. If that pie shrinks to unviability, the litigation sector in Singapore is pretty much finished.

The Big4 and DSC teams have their own problems being squeezed from int'l arbi by the foreign firms.

If you can't see a problem with hollowing out of the existing pool of local litigators and inability to replenish the next gen of litigators because there's no market for it, then you need to come down from your ivory tower. Access to justice is very important not only to the common man, but the typical Singapore local corporate.

I have no skin in this as I'm in-house counsel and we regularly instruct a variety of firms on the corporate panel. Cost control is my priority. Most of our disputes are not bet the company type, and even if we instruct B4, we push their rates down to mid-tier levels because we're not paying SC rates to deal with a simple $2M performance bond case.

I work for a "shitty chinatown law firm".

Most of my clients are local SMEs who need lawyers to assist with smaller cases. I'm talking about disputes in the range of $10k to $5mil. There is a big market for lawyers who are willing to take up these cases.

These clients can't afford/don't want to pay B4 fees for non complex litigation. In the event the dispute becomes more complex than we can handle halfway through, we have contacts with lawyers in all the B4 firms whom we regularly pass cases on to.

Yes, you can't bill as much for these cases.

Yes, salaries cannot compare to B4 salaries.

But generally speaking, most of us who choose this life choose it becuase of the good hours, nice people, decent money, the ability to choose clients and also i think the ability to dictate your life as you wish - there is a certain value to being able to dress as you wish (and not be judged), to come in late (and not get **** for it), to leave office to run errands when you need to (and not have seccys bitching), to take leave/long leave when you need to (without feeling guilty) and to generally have a life outside of work.

Mind you, most of us accept that the we will never be rich or famous or have many reported cases... but i think most of us also believe that we are giving good value-for-money services to clients to who need it.

Anyways. Life.

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