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Old 24-07-2022, 02:55 PM
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Originally Posted by Unregistered View Post
$7.5K is low bro. In this day and age, if you don't start with at least $10K salary for a so-called elite course, you're considered mediocre. Except for medicine tho - suck it up too bad because public healthcare and all that. But doctors have very long runway to earn money.

I would say that lawyers are grossly underpaid in Singapore, even at the top/big local firms (which is around $7K to $7.5K also for newly qualifieds). Most of the revenue goes to partner profits. I think it can be distributed more equitably.

To answer your question - the market pays what it wants to. I'm referring to both salaries, and client fees.
This is correct. Just looking at international firms in SG, the magic circles starting pay is 15k, while US firm is above that and maybe even 23k
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