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  #11201 (permalink)  
Old 10-05-2021, 02:59 PM
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At what age can a run of the mill grad (NUS/SMU) hope to make JP in B4?
6 years if you're good. 7 to 8 years is more likely.

Source: I'm an NUS grad and most of my peers who have remained in private practice are made up or starting to be made up already in B4 and mid sized. Emphasis on "who have remained"

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  #11202 (permalink)  
Old 10-05-2021, 03:40 PM
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6 years if you're good. 7 to 8 years is more likely.

Source: I'm an NUS grad and most of my peers who have remained in private practice are made up or starting to be made up already in B4 and mid sized. Emphasis on "who have remained"
nice, thanks for the reply

i presume roughly arnd 20-30% of the original intake stay on arnd the 7-8pqe mark?

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  #11203 (permalink)  
Old 10-05-2021, 04:41 PM
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I think liti is now the outlier when it comes to modern day developments in law firm partner remuneration. There's a reason why far more litigators leave big firms to set up their boutique firms than corp lawyers...its really eat what you kill and less dependent on the client's institutional relationship with the law firm. Case in point, DSC.

Talented litigators can make a lot even if they set up a shop in Chinatown, if they're known in the market as being good advocates (and with the benefit of not paying thru the nose for rental in some prime office space)

But liti is a more level playing field. The cream of the crop will be doing Senior Counsel work and commanding SC salaries, and the average ones maybe can barely get by comfortably after paying overheads and staff salaries.
so tldr if im the client, im really just there for partner tan ah kow SC and not the firm's name? makes sense

is there any situation where i go to a firm and just go, hay i need lawyer sia. and get assigned a partner



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  #11204 (permalink)  
Old 10-05-2021, 05:02 PM
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Struggling during tc. Should I tell my supervisor about my problems
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  #11205 (permalink)  
Old 10-05-2021, 05:28 PM
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You guys are really missing the point...

15k/month for a junior B4 salaried partner here doesn't seem high when you're talking about MC/WS salaries, but they're more than happy with it because the goal for a local salaried partner is equity partnership. I know many B4 corporate partners who are more than good enough to immediately jump to offshore firms and triple their salaries, but they know that due to many factors their chances of making equity partnership if they do so become basically non-existent. They will stay because eventually, if they make EP, their salary will beat anything you can make in MC/WS bar EP there.

Of course, the above only applies for corporate teams. For litigation, they have no exit options, but the point remains that equity partnership is the goal. Remember when a local B4 liti HOD's salary was mentioned in parliament - it was in the millions annually.
Come join me at Fervent Chamber. I Clarence Lun will pay you higher than JP salary in Big 4 and have better work life balance. An offer not to be missed!
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  #11206 (permalink)  
Old 10-05-2021, 05:36 PM
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what do people who fail part a/b (after retaking) do
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  #11207 (permalink)  
Old 10-05-2021, 05:45 PM
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anyone suffering from weight loss and hair loss issues? lost a lot of weight after doing law
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  #11208 (permalink)  
Old 10-05-2021, 05:49 PM
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I didn't only lose weight but lost myself.
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  #11209 (permalink)  
Old 10-05-2021, 06:22 PM
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what do people who fail part a/b (after retaking) do
If not retained, re-take while working part time. Apply again after you pass. It's a long road, but don't lose heart and try to see it through. Giving up now means all the past effort goes to waste.
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  #11210 (permalink)  
Old 10-05-2021, 10:08 PM
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anyone suffering from weight loss and hair loss issues? lost a lot of weight after doing law
suffering weight gain
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