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30-11-2021, 12:23 PM
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Quote:
Originally Posted by Unregistered
No wonder people to Sullivan / Jones Day, and you stuck at B4. Happy enjoying low tax on low pay !!!
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Enjoy being an associate for the rest of your life.
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30-11-2021, 12:38 PM
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So many sinkie partners at international firms. What you smoking
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30-11-2021, 12:48 PM
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Quote:
Originally Posted by Unregistered
So many sinkie partners at international firms. What you smoking
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Oh is it? Cool
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30-11-2021, 12:50 PM
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Quote:
Originally Posted by Unregistered
Agree that it's the 1%, but here's one from the 1%: s://.lw.com/people/jayanthi-sadanandan
Latham london's managing partner was from NUS.
Education
LLM, Harvard Law School, 1999
LL.B., National University of Singapore, 1995
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role model!!!!!!!!!!!!!
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30-11-2021, 12:54 PM
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Quote:
Originally Posted by Unregistered
role model!!!!!!!!!!!!!
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Wow! Excellent stuff, a Singaporean heading Latham. I was always under the impression that Asian partners were underrepresented. But times are changing.
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30-11-2021, 02:00 PM
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Quote:
Originally Posted by Unregistered
You forget there's tax. Once you count tax in it's not far from B4.
You'll only earn around 66000 pounds after tax. If your rent is 1000 pounds (standard for central London) you earn 54000 pounds. That's about SGD 98,000. If your rent is 2000 pounds, you'll only earn 42,000 pounds a year which is SGD 76,000. Cost of flights twice a year removes a further SGD 4000.
Your living expenses will also be a lot higher.
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Stop micromanaging with all your deductions lah. Who cares whether your UK rent is 1000, 2000, 3000 pounds. Singapore rent also can be S$3000, 5000, 8000...
WTF is this crap "If your rent is 2000 pounds, you'll only earn 42,000 pounds a year which is SGD 76,000"
If you make 100,000 pounds and drop 100,000 pounds on lifestyle, you'll only earn 0 pounds a year which is SGD 0 =D
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30-11-2021, 02:50 PM
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Quote:
Originally Posted by Unregistered
Stop micromanaging with all your deductions lah. Who cares whether your UK rent is 1000, 2000, 3000 pounds. Singapore rent also can be S$3000, 5000, 8000...
WTF is this crap "If your rent is 2000 pounds, you'll only earn 42,000 pounds a year which is SGD 76,000"
If you make 100,000 pounds and drop 100,000 pounds on lifestyle, you'll only earn 0 pounds a year which is SGD 0 =D
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But the one thing that's a solid deduction is your contributions to NHS =D
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30-11-2021, 02:51 PM
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Quote:
Originally Posted by Unregistered
Stop micromanaging with all your deductions lah. Who cares whether your UK rent is 1000, 2000, 3000 pounds. Singapore rent also can be S$3000, 5000, 8000...
WTF is this crap "If your rent is 2000 pounds, you'll only earn 42,000 pounds a year which is SGD 76,000"
If you make 100,000 pounds and drop 100,000 pounds on lifestyle, you'll only earn 0 pounds a year which is SGD 0 =D
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???? This standard want to become lawyer…
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30-11-2021, 03:04 PM
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yes. it's true you will compound wealth more slowly overseas for a comparable job. but you aren't there because you want to compound wealth, but you want to get ahead on the CV game so you can get a better role when you come back, instead of fighting like rats in B4.
one way to think about living expenses. it is natural to spend more (even lifestyle wise) when you are overseas. do you not spend more when you are travelling? working overseas for a long time is less extreme, but still shares some of that principle. it's easier to just go eat something nice instead of lowballing yourself with a cold sandwich on clearance sale in the downstairs sandwich shop. you didnt go to london to torture yourself.
one thing i ask myself is whether the extra $ i save is going with me into my coffin or not. if not, you can just spend it. if you need it desperately to afford your downpayment then no.
as long as you arent in extreme poverty, it's a fairly paid shot to accumulate CV points. later on, can redeem at a profit over people who don't invest in their careers now.
it's like hearing finance interns comparing whose internship pays $300 versus $600 versus $1.5k. answer is it doesnt matter as long as the cv names look good and the guy lands the $10k starting pay IB job with 9 months bonus.
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30-11-2021, 03:48 PM
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Quote:
Originally Posted by Unregistered
You forget there's tax. Once you count tax in it's not far from B4.
You'll only earn around 66000 pounds after tax. If your rent is 1000 pounds (standard for central London) you earn 54000 pounds. That's about SGD 98,000. If your rent is 2000 pounds, you'll only earn 42,000 pounds a year which is SGD 76,000. Cost of flights twice a year removes a further SGD 4000.
Your living expenses will also be a lot higher.
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I smell a very salty B4 assoc here. Typical singaporean mindset, that’s why can’t ever land a job at international firm.
So salty that he has to find ways to justify why his B4 pay is better than Jones Day’s GBP 100k.
Continue eating cai png - go listen to Ann & Ben’s song 这个那个这个那个. cause that’s all you’ll be affording
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