Lawyer Salary

Does doing community law make it easier than say, corporate law, to last longer in practice?

Originally Posted by Unregistered

Just had a thought with my evening reading:

s://.gibsondunn.com/lawyer/doran-kenneth-m/ - Gibson Dunn's Managing Partner: University of Southern California

s://.lawgazette.co.uk/people/wills-power/5070538.article - Freshfields London Regional Managing Partner - University of Liverpool

s://.linklaters.com/en/find-a-lawyer/aedamar-comiskey - Linklaters future Senior Partner - University College Dublin

Maybe HR is snobbish about universities as a way to sift CVs but they're not at all related to work once you start practising...

Don't know about University College Dublin but from what I gather USC is a well regarded institution.

University of Liverpool isn't too shabby either.

Anyway in my view, if a person has to keep putting down other universities or upselling their own (especially if they're already years into practice), I think they've got other issues lah. lol.

Firms with best prospects for a career in community law?

Originally Posted by Unregistered

Don't know about University College Dublin but from what I gather USC is a well regarded institution.

University of Liverpool isn't too shabby either.

Anyway in my view, if a person has to keep putting down other universities or upselling their own (especially if they're already years into practice), I think they've got other issues lah. lol.

Haha yea indeed. Agreed. 100%

Actually when you do law you just ask yourself what you want.
Cos prestige is also one of the reasons why people do law.
Sometimes we can have prestige.
Prestige might come at the expense of salary.
So if your goal was to be a lawyer, then doing litigation, community law is the closest to what law was all about in novels, TW and Korean legal dramas.
If your goal was to be in white shoe and magic circle, then only a few areas would cut it: International capital markets work (India focused), Funds practice, and M&A. General corporate won’t cut it. Your simple SHA/JVA all these are law work but it doesn’t get you to the MC/white shoe.

Originally Posted by Unregistered

Actually when you do law you just ask yourself what you want.
Cos prestige is also one of the reasons why people do law.
Sometimes we can have prestige.
Prestige might come at the expense of salary.
So if your goal was to be a lawyer, then doing litigation, community law is the closest to what law was all about in novels, TW and Korean legal dramas.
If your goal was to be in white shoe and magic circle, then only a few areas would cut it: International capital markets work (India focused), Funds practice, and M&A. General corporate won’t cut it. Your simple SHA/JVA all these are law work but it doesn’t get you to the MC/white shoe.

Why does gen corporate not get you anywhere?

Originally Posted by Unregistered

Why does gen corporate not get you anywhere?

Cos your Chinatown lawyers also do gen Corp.
Gen Corp in mid size and big four are just Chinatown plus, the difference being they charge more that’s all.

Originally Posted by Unregistered

Why does gen corporate not get you anywhere?

gen corp is drafting shareholder agreement or loan agreement for less money than you make in a year. and you are advising people who dont know or refuse to und the diff between being dir/shareholder. seriously considered quitting and teaching pri sch pe after that.

the real "wall street" work is advising on acquisition of ascendas etc

Originally Posted by Unregistered

For community law, what are the grades required, career progression, working culture, work hours and exit opportunities like?

grades required - bare min to practise, more fact than law

career progression - you wont be lateralling into bmcc or cc with 2:2 and clas volunteer of the year cert thats for sure

working culture - depends, some places you wont be able to tell colleagues and clients apart

work hours - depends, fam law on weekends and ph sure got clt call you for child access etc

exit opportunities - i had a friend quit to become property agent, dunno what you can make of that

Originally Posted by Unregistered

gen corp is drafting shareholder agreement or loan agreement for less money than you make in a year. and you are advising people who dont know or refuse to und the diff between being dir/shareholder. seriously considered quitting and teaching pri sch pe after that.

the real "wall street" work is advising on acquisition of ascendas etc

Really v bored with my work, another 3.5h more drafting this sub. This really made me chuckle esp quitting to teach pe