Lawyer Salary - Page 1279 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Lawyer Salary

Reply
 
Thread Tools
  #12781 (permalink)  
Old 22-07-2021, 05:19 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Arenít the rest (other than BM) front loaded too?

Re DRD: Goes to show that international tie ups donít translate to increase in $$.
Re DRD: Is this generally quite true for most of the JLVs (lower $ than B4s)? In that case, people join them (instead of B4s) more for the experience then?

Reply With Quote
  #12782 (permalink)  
Old 22-07-2021, 05:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Re DRD: Is this generally quite true for most of the JLVs (lower $ than B4s)? In that case, people join them (instead of B4s) more for the experience then?
No, for the JLVs like DRD, people join them cause they cant get into the dept they want in B4.

For BMW, there's at least an argument that you get a better starting salary.

Reply With Quote
  #12783 (permalink)  
Old 22-07-2021, 06:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
also what is the view on mid career switchers in the legal industry? probably will be more than 10 years older than the avg grad from our local uni after finishing the bar exams etc.

i am in the banking industry but i am not looking to do banking related stuff in legal. my interest lies in policies and economics and the related social impacts.

sounds more social science than law but i guess law has its weight in the issues as well.
honestly it really depends on ur aptitude. the mid career switchers/JDs that i've come across range from very good to very lacking.

common traits for the cmi ones include: inability to tahan ****, lack of humility because they think they're older, thinking that some work is beneath them. this is KEY because law firms don't care how many years u have in so-and-so industry or that you spent $30000 on a JD. you start as a grunt like every 24 or 26 year old NQ, so suck it up and do the menial work. Don't like it? Don't join law.

Common traits for the good ones: ability to talk to and hold their own clients, driven, maturity in thinking, understanding of industry needs. basically client facing soft skills.

"interest lies in policies and economics and the related social impacts." --> suggest u don't do law because commercial law is nowhere close to this (at least the kind of work local firms do) and is incredibly dry. What may come close is AGC's international affairs division or or MFA or MTI (they hire a fair no. of lawyers iirc), or some policy division of a Ministry. Barring AGC, you need to compete with grads from all fields including scholars. Law really wouldn't advantage you compared to a Ministry scholarship holder with an Ivy League degree.

Reply With Quote
  #12784 (permalink)  
Old 22-07-2021, 06:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Link me some linkedin profiles?

It's well-known that the exit opps for BM are subpar compared to WP/AG. Their corp departments are all T2 at best.
Look at firms like Milbank, MoFo etc
I donít see lawyers from b4 ending up there
Reply With Quote
  #12785 (permalink)  
Old 22-07-2021, 07:24 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Link me some linkedin profiles?

It's well-known that the exit opps for BM are subpar compared to WP/AG. Their corp departments are all T2 at best.
Probably applies to the larger, well known departments like M&A or banking. A simple Google search shows that BMís investment funds team is T1, for example.
Reply With Quote
  #12786 (permalink)  
Old 22-07-2021, 10:41 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Look at firms like Milbank, MoFo etc
I donít see lawyers from b4 ending up there
I guess because a lot of Big 4 teams have a very local focus. BMWL is quite integrated into the BM network. The cross border experience is way more natural. A lot of laterals also ask for people with experience in international firms.

Big 4 peeps will likely have to move to MC/SC before moving to US firms.

Honestly not all international tie ups are made the same. Look for those where it is actually set up by partners from the international outfit. Even then, pay is often not uniform across the international part and the local part.

Above is of course general sentiments. Many people from big 4 and non big 4s (though lesser for the same reasons above) like TSMP, Stamford, SLB, Rodyk and HEP also do end up in the real international firms and lasting long.
Reply With Quote

  #12787 (permalink)  
Old 22-07-2021, 10:52 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Look at firms like Milbank, MoFo etc
I donít see lawyers from b4 ending up there
Agree with OP that the B&M corporate teams may not be as renowned as that at WP/A&G.

Despite so, itís worthwhile noting that B&M has a decent international brand name (this is where the international tie-up is helpful but must be contrasted w DRD LOL!) Big 4 associates tend to lateral to magic circle firms, and itís more rare for them to land a US/white shoe/mid-Atlantic role directly from a Big 4 firm (albeit such associates do exist e.g. in Latham, Gunderson and Sidley but are like unicorns and you have to be somewhat of a star associate).

B&M has a good track record of associates directly lateraling to MoFo, Sidley Austin, Milbank etc in certain corporate departments - just go onto the LinkedIn page of each of these firms and change the location to SG to have a look if youíre interested!

I would caveat that US firms in Singapore may require you to be called to the UK/NY bar to be paid the Cravath/new Milbank scale so thatís just food for thought.

2021 has been a hot year for lateral corporate hires from Big 4/ lower tier international firms in SG to MC/US firms in HK and London (with just the SG bar qualification). To my knowledge, such lateral associates in London based US firms would receive the full Cravath scale (barring firms like Jones Day, W&C, etc which are more of a ďblack boxĒ compensation model). If youíre happy relocating, no harm shooting out an application to try! An added benefit is that the US firm pay war is now leading most UK firms in London to increase comp packages as well
Reply With Quote
  #12788 (permalink)  
Old 22-07-2021, 11:00 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Agree with OP that the B&M corporate teams may not be as renowned as that at WP/A&G.

Despite so, itís worthwhile noting that B&M has a decent international brand name (this is where the international tie-up is helpful but must be contrasted w DRD LOL!) Big 4 associates tend to lateral to magic circle firms, and itís more rare for them to land a US/white shoe/mid-Atlantic role directly from a Big 4 firm (albeit such associates do exist e.g. in Latham, Gunderson and Sidley but are like unicorns and you have to be somewhat of a star associate).

B&M has a good track record of associates directly lateraling to MoFo, Sidley Austin, Milbank etc in certain corporate departments - just go onto the LinkedIn page of each of these firms and change the location to SG to have a look if youíre interested!

I would caveat that US firms in Singapore may require you to be called to the UK/NY bar to be paid the Cravath/new Milbank scale so thatís just food for thought.

2021 has been a hot year for lateral corporate hires from Big 4/ lower tier international firms in SG to MC/US firms in HK and London (with just the SG bar qualification). To my knowledge, such lateral associates in London based US firms would receive the full Cravath scale (barring firms like Jones Day, W&C, etc which are more of a ďblack boxĒ compensation model). If youíre happy relocating, no harm shooting out an application to try! An added benefit is that the US firm pay war is now leading most UK firms in London to increase comp packages as well
This sounds like a recruiter but oh wells.
Reply With Quote
  #12789 (permalink)  
Old 22-07-2021, 11:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
It's also a function of how the local firms are so heavily tilted towards lining the pockets of the senior ranks, especially the EPs. Many of them earn more than their equivalents in international firms, and they can well afford to increase junior associates' pay, but they simply choose not to.
Ya lor.. juniors canít help but feel a bit jaded, esp cos weíre usually told to just suck it up and be thankful we have a job.. which is amplified when some law firms had decent revenue last year but used COVID as an excuse for shitty bonuses and annual increment for junior associates or even reduced trainee pay
Reply With Quote
  #12790 (permalink)  
Old 22-07-2021, 11:54 PM
Unregistered
Guest
 
Posts: n/a
Default

If youíre not happy with your associate role just quit and move in house.
Most of my peers did and they have a better quality of life.
Donít bother comparing.
Reply With Quote
Reply

Bookmarks

Tags
advocate, law, lawyer, legal, solicitor

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
From Lawyer Insider: Life is Glamorous but Unsatisfying Salary.sg Income and Jobs 31 15-01-2018 12:40 PM

» 30 Recent Threads
GovTech ( 1 2 3... Last Page)
5,839 Replies, 2,310,770 Views
Career as Teacher ( 1 2 3... Last Page)
11,213 Replies, 6,853,067 Views
Lawyer Salary ( 1 2 3... Last Page)
21,164 Replies, 10,478,650 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,354 Replies, 3,467,878 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,828 Replies, 1,449,832 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,352 Replies, 1,168,352 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,124 Replies, 5,114,560 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
331 Replies, 380,904 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,047 Replies, 1,089,787 Views
ST Electronics ( 1 2 3... Last Page)
3,812 Replies, 1,581,041 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
751 Replies, 416,632 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,685 Replies, 2,395,115 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,164 Replies, 3,809,703 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,508 Replies, 1,404,491 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,903 Replies, 4,733,687 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,285 Replies, 640,351 Views
Work culture in CPF board ( 1 2 3... Last Page)
35 Replies, 78,205 Views
Work culture in IHiS ( 1 2 3... Last Page)
723 Replies, 555,503 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
419 Replies, 502,829 Views
Compare civil service salary ( 1 2 3... Last Page)
16,441 Replies, 12,608,104 Views
Julius Baer Graduate Program 2023 ( 1 2 3... Last Page)
31 Replies, 17,040 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,768 Replies, 1,519,873 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,489 Replies, 807,227 Views
Maritime and Port Authority of... ( 1 2 3)
20 Replies, 20,272 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
825 Replies, 390,716 Views
NUS (National University of... ( 1 2 3... Last Page)
323 Replies, 328,507 Views
DBS ACE Programme ( 1 2 3... Last Page)
163 Replies, 83,329 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,057 Replies, 452,763 Views
ITE (lecturer) ( 1 2 3... Last Page)
279 Replies, 393,739 Views
Any Ministry or Statboard still... ( 1 2)
12 Replies, 12,725 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:48 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2