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  #12211 (permalink)  
Old 11-06-2021, 08:51 PM
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why you all learned friends shitting on each other. I think this is why work-life balance is bad - because of the unnecessary competitiveness among lawyers, especially juniors.

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  #12212 (permalink)  
Old 11-06-2021, 09:07 PM
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For people like you dealing with low value commoditized crap work, sure I agree you should be paid peanuts. For the rest of us literally billing 3 or 4 times our current salaries in reputable firms and bringing in phat stacks for our firms, we're definitely way underpaid.
Ownself justify ownself is not legit.
So your partners think you all really valuable meh?
If so then why donít they make you partner and get a share in the business?
Bcos you are dispensableÖ
If you donít want to work, they get in your juniors waiting to take over your job



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  #12213 (permalink)  
Old 11-06-2021, 09:12 PM
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For people like you dealing with low value commoditized crap work, sure I agree you should be paid peanuts. For the rest of us literally billing 3 or 4 times our current salaries in reputable firms and bringing in phat stacks for our firms, we're definitely way underpaid.
I got to call this out.
Youíre saying essentially that as a junior associate who is really no different from an executive or specialist in a MNC, you should be paid more just because the company is profitable and making millions or billions in profits a year? Are you nuts??

Does a salesman selling cars get to keep the selling price of the car just because he sold the car??

You think you can bill 3-4x without the goodwill of the firm, the secretarial support, the firmís clientele, etc?

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  #12214 (permalink)  
Old 11-06-2021, 09:56 PM
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I got to call this out.
Youíre saying essentially that as a junior associate who is really no different from an executive or specialist in a MNC, you should be paid more just because the company is profitable and making millions or billions in profits a year? Are you nuts??

Does a salesman selling cars get to keep the selling price of the car just because he sold the car??

You think you can bill 3-4x without the goodwill of the firm, the secretarial support, the firmís clientele, etc?
employers not only paying for the work done. employers are also paying for all the qualifications required to be able to do those work in the first place, amongst many other factors. Get some perspective buddy and donít be trapped in a wage slave mentality. Otherwise, more power to you and enjoy getting abused economically.
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  #12215 (permalink)  
Old 11-06-2021, 11:55 PM
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I got to call this out.
Youíre saying essentially that as a junior associate who is really no different from an executive or specialist in a MNC, you should be paid more just because the company is profitable and making millions or billions in profits a year? Are you nuts??

Does a salesman selling cars get to keep the selling price of the car just because he sold the car??

You think you can bill 3-4x without the goodwill of the firm, the secretarial support, the firmís clientele, etc?
The first para of your meaningless verbiage and I already can tell you don't appreciate the difference between a normal company and a professional services business, let alone the partnership model that most law firms are structured around.

Go pick up a book about business and do some reading to increase your knowledge. It might also help you serve your clients better - assuming you're not dealing with low value PI work.

Keep convincing yourself that you're content to remain a poor underpaid dog at your Chinatown firm. Your billings are helping your boomer partner change his Lexus every 4 years. Meanwhile, you'll be struggling to pay for your BTO flat.
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  #12216 (permalink)  
Old 12-06-2021, 12:07 AM
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The first para of your meaningless verbiage and I already can tell you don't appreciate the difference between a normal company and a professional services business, let alone the partnership model that most law firms are structured around.

Go pick up a book about business and do some reading to increase your knowledge. It might also help you serve your clients better - assuming you're not dealing with low value PI work.

Keep convincing yourself that you're content to remain a poor underpaid dog at your Chinatown firm. Your billings are helping your boomer partner change his Lexus every 4 years. Meanwhile, you'll be struggling to pay for your BTO flat.
So you wanna talk about professional services business? You serious?
Then letís compare the audit firms and the tax advisory firmsÖ
Letís not get started.
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  #12217 (permalink)  
Old 12-06-2021, 12:12 AM
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Originally Posted by Unregistered View Post
employers not only paying for the work done. employers are also paying for all the qualifications required to be able to do those work in the first place, amongst many other factors. Get some perspective buddy and donít be trapped in a wage slave mentality. Otherwise, more power to you and enjoy getting abused economically.
Are you saying you need a LLB specifically to be able to do the law work in the firm?
You serious??
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  #12218 (permalink)  
Old 12-06-2021, 12:46 AM
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So you wanna talk about professional services business? You serious?
Then letís compare the audit firms and the tax advisory firmsÖ
Letís not get started.
://abovethelaw.com/2021/05/law-firm-consolidation-perpetually-out-of-reach/

Read this and get some education dude. It answers some of the areas you're trying to allude to.

Not everything is relevant to the Singapore context of course but the gist is there and there are commonalities in how the legal services markets operate in most jurisdiction. This only scratches the surface.

Don't be a brick in the wall like a good socially engineered worker. Open your eyes to how you're being overworked. People like you are why partners can get away with gorging themselves on the billings of exploiting overworked juniors. And we all wonder why law salaries in Singapore has been stagnant for the last decade.


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  #12219 (permalink)  
Old 12-06-2021, 02:06 AM
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HYPS forever
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  #12220 (permalink)  
Old 12-06-2021, 02:07 AM
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HYPS forever
Oxbridge better
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