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  #14421 (permalink)  
Old 29-10-2021, 01:17 AM
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Average international firms here already paying $21k to $24.5k pm for junior assocs leh. Not even talking about top end ones like Sidley, Jones Day, Akin.

Talking about non-top tier ones like Hogan Lovells and NRF.
Hahaha folks there wish this were true m8

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  #14422 (permalink)  
Old 29-10-2021, 02:13 AM
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Hahaha folks there wish this were true m8
Folks here wanna believe what they wanna believe.. 21k as nq? Lol no ivy leage jd no ny call. Wait long long

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  #14423 (permalink)  
Old 29-10-2021, 08:59 AM
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250-700k

A famous managing partner of one of the big4s doesnt even earn 1m per annum
how is that possible!?

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  #14424 (permalink)  
Old 29-10-2021, 09:25 AM
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Folks here wanna believe what they wanna believe.. 21k as nq? Lol no ivy leage jd no ny call. Wait long long
Read properly. Its junior lawyers, not NQ. I personally know of people who have jumped to firms like sidley and Jones day at around the 3pqe mark from big 4

You not good enough to be getting in doesn't mean it is not real
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  #14425 (permalink)  
Old 29-10-2021, 09:39 AM
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Hahaha folks there wish this were true m8
The entire thing reads like a NQ assoc's paperback fantasy novel. From how out of touch the poster is with the realities of the market (I do believe him that he does financing from the little facts he gave), even if it was a B4 assoc I'd say it's prolly D&N or R&T banking - the lower tier B4 financing teams that are being repeatedly told that the international firms won't consider him if he's not from WP or A&G.

All the fantasy elements are there - "makes me quite mad which is why I left" - yes, totally, if the B4 team treated you well you would totally have given up the 21k salary and stayed

You look closer and the whole story is riddled with BS and inconsistencies

"left my B4 firm recently for an American shop and my gross pay is $21000" - You can ask any recruiter if they have ever heard of a 1 PQE on the SG scale getting $21k base from a US firm and they will laugh you out the door.

"I run smaller deals with the partner (1-1)/draft and negotiate finance docs/lead counsel negotiation calls etc." You have 1 year's experience and the partner is letting you lead counsel nego calls? LOL

"I moved jurisdictions" - What does that even mean? You working in the US now?

"US firms were keen on hiring juniors so they looked past me being 1PQE on the SG scale (though I trained for a year). I lucked out because I’m considered 1PQE on the UK scale and not a NQ" - you just said you are 1 PQE on the SG scale then suddenly you are considered 1 PQE on the UK scale? Which is it? The firm gave u a 2 year promotion cause u interview well, screwing over the rest of the assoc pool cause you're JUST that good right? Furthermore I thought you're working for an "American shop" - so why does your PQE on the UK scale matter? American firms dont have the 2 year training requirement so they dont factor that into recruitment.

Go back to drafting your account charges for your SME financings and stop dreaming LOL
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  #14426 (permalink)  
Old 29-10-2021, 09:41 AM
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Read properly. Its junior lawyers, not NQ. I personally know of people who have jumped to firms like sidley and Jones day at around the 3pqe mark from big 4

You not good enough to be getting in doesn't mean it is not real
Please la I know people who jumped at the NQ mark to jones day. There are a whole bunch of assocs who did that in the last two years. Nobody is doubting that part - it is the salary that is BS. You dont even know how much jones day pays LOL it's lower than MC
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  #14427 (permalink)  
Old 29-10-2021, 10:18 AM
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Please la I know people who jumped at the NQ mark to jones day. There are a whole bunch of assocs who did that in the last two years. Nobody is doubting that part - it is the salary that is BS. You dont even know how much jones day pays LOL it's lower than MC
So how much is jones day NQ pay
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  #14428 (permalink)  
Old 29-10-2021, 11:32 AM
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your uni and grades?
Despite much derision from this group I have a KCL FCH. The rest of the legal world doesn't even know what NUS or SMU stand for.
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  #14429 (permalink)  
Old 29-10-2021, 01:13 PM
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So how much is jones day NQ pay
You and the rest of the world wants to know what’s in the black box too
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  #14430 (permalink)  
Old 29-10-2021, 01:39 PM
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Despite much derision from this group I have a KCL FCH. The rest of the legal world doesn't even know what NUS or SMU stand for.
So to be clear - you are a KCL FCH, called in 2020, went from a B4 financing team to a White shoe firm?

Easy as hell to verify. I'll just ask around the B4 financing teams.
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