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If you join as an NQ, lucky you. But chances are it ain't happening. As far as I know they don't take NQs. |
Thanks for the last few informative posts. Very helpful to ppl like us entering the industry for the first time. Can some seniors here share how they increase their efficiency so that one doesn't have to go home at 1-2am everyday. Bcos the 1-2am life everyday and a full day in Saturday's ain't fun after a while. Gf has been complaining.
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No amount of efficiency will help in the long term because work will eventually find its way to you. You need to be efficient and competent enough to get things done, but not too efficient that bosses keep throwing work your way. Best you can do is look busy, but you'll still need to put in the face-time. Consider joining a smaller/mid-market firm that gives you better hours. That's the most practical way to fix it. Otherwise, long hours are the rules of the game. You could also quit, but I'm assuming that's not an option you are considering. |
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People talk about the glut for junior lawyers, but the truth is there is always a huge amount of people leaving the big 4 from the 2/3 year onwards, usually for international law firms. None of that comes as a surprise, if the work and hours are largely the same, why would you stick with a local firm when an international law firm would easily offer you at least 50% more for compensation? |
Is the decline in legal fees real? I thought so until one of my friends told me he got quoted 50k fee cap for a contested divorce... the reason? His wife is a lawyer.
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WongP and A&G are Marina Bay area. Drew and R&T are at Raffles Place area. There will always be a market for Big 4 firms. They have a goodwill and reputation in the market. they are the firms that companies will turn to when they need to complete a mega merger or fight a bet-the-company lawsuit. despite the downward pressure in fees, these firms will endure. sure they may shed a few non-performing partners and layoff a few associates, but they will survive. it is the midsize firms that need to be very afraid |
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As #1109 said, many rumours attack the big4 all the time. I've heard the rental one since 2013? It's been 3 years, and they're still there. *shrug* |
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