Lawyer Salary

Originally Posted by Unregistered

Nah, BM is nowhere near SC/MC rates lol, it's not even halfway to SC/MC rates. It's far closer to b4 rates than even SC rates in SG.

BM is not an SC/MC firm in the first place, it's the Macdonalds of the "int firms" in UK/US, and unapologetically so. It's not competing with the true internationals at all in terms of pay or work.

What’s a true international firm that hires actively in SG and willing to take SG lawyers?

CC, Links, A&O and W&C?

Not sure if Sidley or Latham have a big office here.

Originally Posted by Unregistered

Nah, BM is nowhere near SC/MC rates lol, it's not even halfway to SC/MC rates. It's far closer to b4 rates than even SC rates in SG.

BM is not an SC/MC firm in the first place, it's the Macdonalds of the "int firms" in UK/US, and unapologetically so. It's not competing with the true internationals at all in terms of pay or work.

You are so behind the curve it is not even funny. Maybe educate yourself with a bit more current information before you make embarrassing comments like these.

Originally Posted by Unregistered

You are so behind the curve it is not even funny. Maybe educate yourself with a bit more current information before you make embarrassing comments like these.

why what's changed recently? because I've definitely seen people say that B&M is like the McDonalds of law firms. I hear they don't necessarily pull in the same kind of work in every jurisdiction they're in. What's the difference between them and say, other large internationals like NRF, DLA Piper?

OK Let's rank McDonalds law firms in SG:

1. NRF - true international, albeit a bit of a McDonalds reputation
2. DLA Piper - the OG McDonalds. Office in SG very small. Hv they even hired from locally?
3. Baker - essentially Wong&Leow with the Baker brand. Would be an OK-ish mid-tier local firm like TSMP if it were independent
4. Dentons Rodyk - last place because its essentially Rodyk with a crappy brand (the most McDonaldish out of all - 50% of their global lawyers are "Dacheng" Chinese lawyers)

Any other McDonalds-esque outfits I've missed out?

Originally Posted by Unregistered

You are so behind the curve it is not even funny. Maybe educate yourself with a bit more current information before you make embarrassing comments like these.

Okay, let's take stock, the comments were (1) Baker does not pay near to SC/MC salary in SG, and pays closer to b4 salary and (2) that Baker is the Macdonald's of law firms.

Firstly, even before the payraises this year for big4, Big4 was paying close to 6k, Baker W&L paid 7.5k for NQ in 2020. This year, Baker increased their pay slightly, whereas the Big4 like A&G bumped their pay up to 7.5k as well.

This is compared with true internationals paying >10k (in fact the going rate for true internationals is around 12-13k). I think you can obviously see that BM is closer to big4, and is nowhere close to int firm salary in SG, unless you want to "educate" me on how Baker has caught up to true int firms in terms of pay?

Secondly, let's discuss the type of work BM does, and the kind of profits it generates. In the list of top 100 law firms by revenue, Baker was ranked 4th in 2019/2020, but by profits per partner, it was ranked 79/80th.

Therefore, it shows that Baker employs a high volume, low cost model to remain profitable. It's a big firm that hires many partners/assocs and works them to the bone doing minor, low profit cases. This is the epitome of a Macdonald's firm.

So please tell me, apart from your bruised ego (I assume you work there or have worked there before), and hiding behind the vague comment of obtaining "current information", what is there to disprove that BM is actually the Macdonald's of international firms?

Please do not just refer me to one or two big cases/tasks that BM has been asked to do in recent times. Almost every firm, even small to mid-size firms, has a few "superstar" clientele, one piece of work to brag about does not suddenly whitewash your firm's reputation.

Just to note, I have been in multiple true international firms in various capacities, as well as some FLAs. In internal meetings (and global catchup meetings), I can honestly say that none of them refer to BM as their rivals or aspirational goals respectively.

If you're from BM W&L or even BM proper, you should already know this, this is not news. BM is consistently talking about how they want to try to become a proper snooty international firm, and the steps they are taking to leave the Macdonald's type of work (albeit with a corporate-positive spin).

Originally Posted by Unregistered

Okay, let's take stock, the comments were (1) Baker does not pay near to SC/MC salary in SG, and pays closer to b4 salary and (2) that Baker is the Macdonald's of law firms.

Firstly, even before the payraises this year for big4, Big4 was paying close to 6k, Baker W&L paid 7.5k for NQ in 2020. This year, Baker increased their pay slightly, whereas the Big4 like A&G bumped their pay up to 7.5k as well.

This is compared with true internationals paying >10k (in fact the going rate for true internationals is around 12-13k). I think you can obviously see that BM is closer to big4, and is nowhere close to int firm salary in SG, unless you want to "educate" me on how Baker has caught up to true int firms in terms of pay?

Secondly, let's discuss the type of work BM does, and the kind of profits it generates. In the list of top 100 law firms by revenue, Baker was ranked 4th in 2019/2020, but by profits per partner, it was ranked 79/80th.

Therefore, it shows that Baker employs a high volume, low cost model to remain profitable. It's a big firm that hires many partners/assocs and works them to the bone doing minor, low profit cases. This is the epitome of a Macdonald's firm.

So please tell me, apart from your bruised ego (I assume you work there or have worked there before), and hiding behind the vague comment of obtaining "current information", what is there to disprove that BM is actually the Macdonald's of international firms?

Please do not just refer me to one or two big cases/tasks that BM has been asked to do in recent times. Almost every firm, even small to mid-size firms, has a few "superstar" clientele, one piece of work to brag about does not suddenly whitewash your firm's reputation.

Just to note, I have been in multiple true international firms in various capacities, as well as some FLAs. In internal meetings (and global catchup meetings), I can honestly say that none of them refer to BM as their rivals or aspirational goals respectively.

If you're from BM W&L or even BM proper, you should already know this, this is not news. BM is consistently talking about how they want to try to become a proper snooty international firm, and the steps they are taking to leave the Macdonald's type of work (albeit with a corporate-positive spin).

Sorry, I meant to say that it's ranked 79/80 by profit per lawyer. By profit per partner it's around 50+ in ranking.

Originally Posted by Unregistered

OK Let's rank McDonalds law firms in SG:

1. NRF - true international, albeit a bit of a McDonalds reputation
2. DLA Piper - the OG McDonalds. Office in SG very small. Hv they even hired from locally?
3. Baker - essentially Wong&Leow with the Baker brand. Would be an OK-ish mid-tier local firm like TSMP if it were independent
4. Dentons Rodyk - last place because its essentially Rodyk with a crappy brand (the most McDonaldish out of all - 50% of their global lawyers are "Dacheng" Chinese lawyers)

Any other McDonalds-esque outfits I've missed out?

OK thx for your information,

Originally Posted by Unregistered

OK Let's rank McDonalds law firms in SG:

1. NRF - true international, albeit a bit of a McDonalds reputation
2. DLA Piper - the OG McDonalds. Office in SG very small. Hv they even hired from locally?
3. Baker - essentially Wong&Leow with the Baker brand. Would be an OK-ish mid-tier local firm like TSMP if it were independent
4. Dentons Rodyk - last place because its essentially Rodyk with a crappy brand (the most McDonaldish out of all - 50% of their global lawyers are "Dacheng" Chinese lawyers)

Any other McDonalds-esque outfits I've missed out?

Is K&L Gates considered 'mcdonald's'?

Assuming one is hired by international side ofc, and not Straits Law. Based on commenter above, if profits per partner is the benchmark, it's ranked 39-40 on AmLaw 100 for 2019-2020. Does that cross into 'mcdonald's' territory?

Originally Posted by Unregistered

Okay, let's take stock, the comments were (1) Baker does not pay near to SC/MC salary in SG, and pays closer to b4 salary and (2) that Baker is the Macdonald's of law firms.

Firstly, even before the payraises this year for big4, Big4 was paying close to 6k, Baker W&L paid 7.5k for NQ in 2020. This year, Baker increased their pay slightly, whereas the Big4 like A&G bumped their pay up to 7.5k as well.

This is compared with true internationals paying >10k (in fact the going rate for true internationals is around 12-13k). I think you can obviously see that BM is closer to big4, and is nowhere close to int firm salary in SG, unless you want to "educate" me on how Baker has caught up to true int firms in terms of pay?

Secondly, let's discuss the type of work BM does, and the kind of profits it generates. In the list of top 100 law firms by revenue, Baker was ranked 4th in 2019/2020, but by profits per partner, it was ranked 79/80th.

Therefore, it shows that Baker employs a high volume, low cost model to remain profitable. It's a big firm that hires many partners/assocs and works them to the bone doing minor, low profit cases. This is the epitome of a Macdonald's firm.

So please tell me, apart from your bruised ego (I assume you work there or have worked there before), and hiding behind the vague comment of obtaining "current information", what is there to disprove that BM is actually the Macdonald's of international firms?

Please do not just refer me to one or two big cases/tasks that BM has been asked to do in recent times. Almost every firm, even small to mid-size firms, has a few "superstar" clientele, one piece of work to brag about does not suddenly whitewash your firm's reputation.

Just to note, I have been in multiple true international firms in various capacities, as well as some FLAs. In internal meetings (and global catchup meetings), I can honestly say that none of them refer to BM as their rivals or aspirational goals respectively.

If you're from BM W&L or even BM proper, you should already know this, this is not news. BM is consistently talking about how they want to try to become a proper snooty international firm, and the steps they are taking to leave the Macdonald's type of work (albeit with a corporate-positive spin).

Deafening silence from the BM white knights on this forum

What’s BM updated salary?