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  #111 (permalink)  
Old 18-09-2012, 11:54 PM
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Quote:
Originally Posted by unregistered

why is a&g the best? just because the minister came from there? they have so few SCs

and what happens after 6 years if you dont make partner?
A&G is the best law firm = general industry consensus. SCs are good for litigation and publicity, but legal practice is not all about litigation. I dunno what happens; I'm just a trainee. Many senior associates choose to leave even if they could make partner.

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Originally Posted by Unregistered View Post
regarding the above, for just an estimate - how much do the non-equity partners earn?
Unfortunately I have no idea. But I found the quote below, made by a junior partner on this forum. For junior associates annual base salary increment is 1k per year, dunno if it applies to senior associates/junior partners. In big law firms, it usually takes more than 6 years to make (junior) partner.

Quote:
Originally Posted by Unregistered
Let me bring life to this old thread by giving some real world data.

I am in my 6th year of this profession, just been made a salaried junior partner in a medium sized local firm. Average pay is about 10k a month not including bonuses, and there is no CPF (apparently partners are considered self-employed).

My boss doesn't own my soul, but my hours are erratic, on occasion working 12-16 hours a day (not always).

I am sure that my peers in bigger firms are earning 1.5 times more, but they are also probably working longer hours.

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  #112 (permalink)  
Old 19-09-2012, 09:41 AM
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What's the salary for first and second year associates at A&G and D&N?

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  #113 (permalink)  
Old 20-09-2012, 01:02 AM
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Originally Posted by Intercontinental View Post
What's the salary for first and second year associates at A&G and D&N?
Why don't you call up HR to ask / ask the partners at your interview?



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  #114 (permalink)  
Old 20-09-2012, 03:33 PM
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I was called a number of years back....

Quote:
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Why don't you call up HR to ask / ask the partners at your interview?
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  #115 (permalink)  
Old 24-09-2012, 02:19 PM
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Originally Posted by Intercontinental View Post
I was called a number of years back....
Doesn't mean you don't need to go through HR or an interview? If you're not currently working for a big firm I'd advise you not to go down that route, the hours are pretty inhumane.
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  #116 (permalink)  
Old 15-10-2012, 01:38 AM
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lawyers are poor, pay less than macdonalds per hour
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  #117 (permalink)  
Old 10-11-2012, 03:03 PM
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there are senior lawyers in local mid firms jumping to offshore firms.

by that jump, their monthly jump too...

so essentially, just struggle for 6yrs in a local firm... then look for opportunities in offshore firms. also with offshore firms now needs local lawyers due to offshore firms with QFLP licence...

in the end, its a win win situation for the lawyers...
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  #118 (permalink)  
Old 11-11-2012, 09:56 AM
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why do you think D.Rasif ran off with the client's money? probably sick of his life (or no life) as a lawyer la, I spoke to some of my reservice bunk mates who are lawyers - they may drive fancy cars but their health are all deteriorating, some of them have lifetime pills that cost up to 1 k a month! Stressful job, but if you wan an LV coffin and have the persistence and like working in a purgatory with like-minded pple who have straight As their entire lives and type A personality, go ahead =p
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  #119 (permalink)  
Old 11-11-2012, 12:05 PM
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Every profession will try ther best to portray a certain image.

Doctors, lawyers and even teachers are well known to exaggerate on the daily stress they have to face. A possible explanation is that they want to protect the profession from infiltrators outside its "inner circle". For quite some time, new doctors come mostly from rich background (some years ago a senior doctor even lamented in a public article that too few doctors come from HDB background).

Is anyone pointing guns at them to force them to work? The money is good so the stress must be high eh?
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  #120 (permalink)  
Old 11-11-2012, 08:56 PM
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$5k per month, freshly qualified lawyer. 26 years old.

my peers who study econs / business overseas are earning more
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