Lawyer Salary

If your tc pays $500 are you expected to work weekends? Is the tc allowance proportionate with the work hours expected

Originally Posted by Unregistered

That’s why the motivation to do law cannot be because of money.
If it’s money, you should do business graduate top of cohort and go to a hedge fund to work.

Law is a profession where you must do it either to uphold justice, in that case you go be a prosecutor, or you do it because you want to make a difference in the life of others, pro bono, access to justice etc.

If you want a lot of money, then you need to relook at why you are doing law.
If everyone wants the money, then no one in law would be academics, doing pro bono work, community law etc.

It’s not about the money. If a Oxford, cambridge or harvard grad thinks only about money then so many of them won’t be in academic trying to teach the next generation of lawyers.

agree. Actually I think it's more a Singaporean thing where everyone is so money-faced. It's the entire premise of this thread.

Originally Posted by Unregistered

Doctors obviously. But u ask yourself first whether doctors want to date toxic n narcisstic people like lawyers. Just go see the difference between this thread and the doctors one

to be fair, nothing inherently narcissistic about lawyers. It's more of Singapore thing where some Singapore lawyers think they're damn upz or something.

Can anyone share more about typical Chinatown firm pay progression?

Originally Posted by Unregistered

Can anyone share more about typical Chinatown firm pay progression?

Increment is minimal from year to year. You start around 3.5 - high 4 as a NQ and will increase by about 500 a year. From PQE 5-6 if you are smart you start asking for a cut of files. From then on the income is highly variable, but you can get up to 20k in a good month depending on seniority / time spent billing

Originally Posted by Unregistered

Increment is minimal from year to year. You start around 3.5 - high 4 as a NQ and will increase by about 500 a year. From PQE 5-6 if you are smart you start asking for a cut of files. From then on the income is highly variable, but you can get up to 20k in a good month depending on seniority / time spent billing

Sounds like a combination of law practice and sales. Definitely not for everyone though. I have some friends who their bosses made partners in small firms from 4pqe onwards, on fee sharing arrangements and I'm often surprised at how much they're getting each month. Yes 15k to 20k isn't uncommon. Of course it's balanced out against other months were billing is less but it can be comfortable overall

The long term prospects of such a career route is less certain though, due to increasing commoditisation of low level legal work. This would've been a far more attractive business model in the 90s which is incidentally when many of the laojiao lawyers were really raking it in. That gravy train is now past

Why so many females in inhouse positions? seems like all the heads of inhouse depts are women. How many male lawyers go inhouse?

Originally Posted by Unregistered

Why so many females in inhouse positions? seems like all the heads of inhouse depts are women. How many male lawyers go inhouse?

Cause women are not cut out for practice

How come so long to become partner now?

How easy was it for NQs in the 1990s & 2000s?

Originally Posted by Unregistered

How easy was it for NQs in the 1990s & 2000s?

Please do some research on your own.
You are a law graduate.
In the 19xx, there was a shortage of lawyers.
Shortage… meaning not enough.
You learn economics? Demand and supply curve?