Lawyer Salary

Originally Posted by Unregistered

MFA does take alot of nus law students and alot of them have been doing internships with MFA although it is still difficult to get inside and it is hard to return to the legal industry if you do decide to go this route

Well MFA is like the holy grail of jobs for FASS political science students so it is quite a solid alternative for law if you don't intend to practice, especially for the more "artsy" law students less inclined towards finance or corporate

Will def consider a switch out of law into that if I had the opportunity

Originally Posted by Unregistered

This is a no brainer. B&F is a good field to enter. And big firms open more doors. Happy to have a chat with you if you need. I've been doing B&F for 6 years. Started at a big firm and went international last year for a fat pay increase.

Heya. Would like to have a chat with you to find out more.. could I get in touch with you? Haha thanks!

Originally Posted by Unregistered

Well MFA is like the holy grail of jobs for FASS political science students so it is quite a solid alternative for law if you don't intend to practice, especially for the more "artsy" law students less inclined towards finance or corporate

Will def consider a switch out of law into that if I had the opportunity

Even if the 'law student' is interested in finance or corporate, there is really nothing preventing him/her from applying to any of this banking or consulting jobs. The trick is really to start building their Cv early in to uni life like every other student from every other faculty.

[klarkkent]

Read this.

Why Lawyers and Other Industries Will Become Obsolete: You Should Stop Practicing Law Now and Find Another Profession | JDJournal

Originally Posted by klarkkent

Read this.

[url=://.jdjournal.com/2016/12/02/why-lawyers-and-other-industries-will-become-obsolete-you-should-stop-practicing-law-now-and-find-another-profession/]Why Lawyers and Other Industries Will Become Obsolete: You Should Stop Practicing Law Now and Find Another Profession | JDJournal[/

Articles like these are terribly unhelpful. Same old hur dur computers are taking over, quit your job now... and be what, exactly?

Originally Posted by Unregistered

Heya. Would like to have a chat with you to find out more.. could I get in touch with you? Haha thanks!

Sure. If you create an account, I'll drop you a pm

Quick questions!

(1) How much is the annual increments for big/mid sized law firms?
(2) How many months bonus for the same?
(3) Do associates (or SAs) get paid evenly throughout the firms? (i.e. all 2PQE earns $x for example).

Arigato

Originally Posted by Unregistered

Quick questions!

(1) How much is the annual increments for big/mid sized law firms?
(2) How many months bonus for the same?
(3) Do associates (or SAs) get paid evenly throughout the firms? (i.e. all 2PQE earns $x for example).

Arigato

I can only speak for the big 4 firm that I'm working in now, so:

(1) About $1,200 a year, though most of the increment comes from the frontloaded bonus.

(2) Depends on your performance. It's usually about 5 months (which means no extra after deducting frontloaded bonus) to 6.5 - 7 months.

(3) As far as I know, yes. The only difference is the amount of bonus which will vary between associates. But I've heard it's not the case in a certain other big 4 firm, where your increment is also pegged to performance.

Originally Posted by klarkkent

Read this.

[url=://.jdjournal.com/2016/12/02/why-lawyers-and-other-industries-will-become-obsolete-you-should-stop-practicing-law-now-and-find-another-profession/]Why Lawyers and Other Industries Will Become Obsolete: You Should Stop Practicing Law Now and Find Another Profession | JDJournal[/

I'm pretty worried about this tbh, will start uni this year and making a decision on what course to study in. Law or computing?

Originally Posted by Unregistered

I'm pretty worried about this tbh, will start uni this year and making a decision on what course to study in. Law or computing?

There is no guarantee that any particular field of study will prepare you for the unknown and uncertain future. The best advice is to do ANYTHING and do it well, and when the time comes be prepared to learn and then do something else. Just be adaptable. A basic degree does not determine your entire future. Whatever you learn today, you might well have to un-learn tomorrow anyway.

So much has been said about how lawyers will soon be replaced by AI and the implicit assumption many seem to make is that a basic computing degree will somehow better equip you for this technologically advanced society we will soon live in. But there is no guarantee that this prediction will turn out to be true - Both might be equally useless (or less useful) in ten to twenty years time.

People seem to take for granted that learning programming is somehow a "safe" bet but there is no guarantee that the programming languages taught in universities today will be the same languages used in computer programs of the future. Programming languages can and do fall out of use as well.

Studies are also now being conducted to allow people to code in plain natural language that anyone who can read English will be able to understand. Think about it, requiring people to learn completely new technical languages is itself inefficient and technology loathes inefficiency! AI might also allow computers to code themselves with minimal instruction from a human being so we might not need that many programmers after all.

The key to survival is continuous learning. It's not just a government slogan, it's about survival. Study whatever you want, and then be prepared to study again and again. Hope this makes sense.