Quote:
Originally Posted by Unregistered
On the junior salary
UK NQs (equivalent to international lawyers with 2 years of practice), here's an update:
Akin Gump Strauss Hauer & Feld LLP now paying £164K
Kirkland & Ellis now paying £150K
Debevoise & Plimpton now paying £145K
Jones Day now paying £140K
Clifford Chance now paying £125
Herbert Smith Freehills now paying £120K
Slaughter and May now paying £115K
Allen & Overy now paying £105,700
Norton Rose Fulbright now paying £105K
Travers Smith now paying £100K
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What are Singapore Firms paying?
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Silver Circle and mid-tiers like NRF have already busted the pre-2021 MC payscale.
The question to ask is, what proportion of your typical Singaporean lawyer (those in Big 4, Dentons Rodyk, Shook Lin etc) hv the capability to make it to an international firm?
Anyway the reason why local firms cannot pay at that rate is because their revenue base is small cos their clients are not comparable to the international firms' clients.
U do realize that even our largest local firms have only around the same revenue as a UK regional firm like Shoosmiths or Burges Salmon right?