Lawyer Salary

Small firm bonus how many months

Originally Posted by Unregistered

Huh. Makes sense though. Your expectations are already low enough - accepting his toilet paper SIM 'degree' is beyond what 99% of employers would do.

On a side note, I find it hilarious how this thread was debating between Oxbridge and top Ivy League unis for law, and you just have this one SIM dog screeching about how much this NUS fella hurt him, and how bad NUS must be 😂

Mate, you're from SIM. You can't even call SUSS bad without people laughing at you 😂

Did he come begging for a PA position today?

Originally Posted by Unregistered

Did he come begging for a PA position today?

Yes. Unfortunately still don't know how to copy/paste yet

Originally Posted by Unregistered

Small firm bonus how many months

0 months to 1-2 months.
Most lawyers don’t have packages exceeding $100k even after 5 years.
If not why everyone in the big four plus rodyk wants to go onto the MC/Baker?

Yeah on the other hand junior lawyers in baker + MC + fintech in-house roles are buying Cars and condominiums north of $2M

Originally Posted by Unregistered

What qualifications do entry paralegals typically have? What’s the career progression thereafter

To be honest it varies. A lot of Temasek poly grads became paralegals. But I know for a fact some paralegals have degrees from Uols or some obscure overseas uk uni that no one knows about. I also know of relatively known firms that hire millennial (in their 20s) who do not have a proper poly cert but just an O level cert. most people think that you don’t have to look at experience and qualifications of paralegals or executives. But this is not true. Lawyers time are better spent than teaching someone who doesn’t even know and cannot cope with the basics. A Temasek poly grad will confirm fare better than someone who did not even complete poly. I’m referring to young people becoming paralegals. Obviously older one made up for it with experience. With regards to progression, paralegal is just paralegal/selfie’s/execs, I mean what u can expect is being exposed to diff areas of law or admins which will make job hopping easier in future. Don’t expect career progression, we are not lawyers. Got more experience and ask for higher pay

If the pay is less than 100k why still so many law grads. What is so attractive about law

Originally Posted by Unregistered

If the pay is less than 100k why still so many law grads. What is so attractive about law

The green back boogey

Originally Posted by Unregistered

If the pay is less than 100k why still so many law grads. What is so attractive about law

It's actually quite worthwhile to be a Sinkie lawyer. Most Sinkie lawyers are obv frogs-in-the-well and don't realize this, but the barrier to entry to the legal profession in Singapore is actually one of the lowest in the world.

We only need to spend 5 years max. to qualify fully: 4 years LLB + 1 year Part B & TC.

Compared against the rest of the civilized world:

1) US & Canada: 4 years undergrad + 3 years JD + bar exam/articling = 8 years min.

2) Continental Europe (civil law systems): 5 years until LLM under the Bologna process + qualification (takes about +3 years for full lawyer qualification in Germany and Scandinavian countries) = 8 years min.

3) India: 5 years LLB+BA or LLB+BSc (almost nobody takes LLB as a single degree) + 1 year bar exams = 6 years min.

4) Australia: 5 years LLB+BA or LLB+BComm (again very few people take LLB as a single degree) + 1 year traineeship = 6 years min.

5) Hong Kong: 4 years LLB + 1 year PCLL + 2 years TC = 7 years min.

6) Japan/Korea: 4 years undergrad + 3 years JD + 1 year bar exam (80% failure rate) + 1 year Legal Research Training Institute = 9 years min.

Our standards are extremely lax compared to the rest of the world so it is naturally commensurate with the market rate of pay here.

You guys should stop whining and do other things like being a code monkey working for CECAs, because nobody's forcing you to be a lawyer!

Originally Posted by Unregistered

It's actually quite worthwhile to be a Sinkie lawyer. Most Sinkie lawyers are obv frogs-in-the-well and don't realize this, but the barrier to entry to the legal profession in Singapore is actually one of the lowest in the world.

We only need to spend 5 years max. to qualify fully: 4 years LLB + 1 year Part B & TC.

Compared against the rest of the civilized world:

1) US & Canada: 4 years undergrad + 3 years JD + bar exam/articling = 8 years min.

2) Continental Europe (civil law systems): 5 years until LLM under the Bologna process + qualification (takes about +3 years for full lawyer qualification in Germany and Scandinavian countries) = 8 years min.

3) India: 5 years LLB+BA or LLB+BSc (almost nobody takes LLB as a single degree) + 1 year bar exams = 6 years min.

4) Australia: 5 years LLB+BA or LLB+BComm (again very few people take LLB as a single degree) + 1 year traineeship = 6 years min.

5) Hong Kong: 4 years LLB + 1 year PCLL + 2 years TC = 7 years min.

6) Japan/Korea: 4 years undergrad + 3 years JD + 1 year bar exam (80% failure rate) + 1 year Legal Research Training Institute = 9 years min.

Our standards are extremely lax compared to the rest of the world so it is naturally commensurate with the market rate of pay here.

You guys should stop whining and do other things like being a code monkey working for CECAs, because nobody's forcing you to be a lawyer!

Well i think salaries will rise after the delisting of certain schools take effect, and when the trainees have to do 2 year TCs and when Part B is made harder.