Unregistered |
22-12-2021 08:06 PM |
Quote:
Originally Posted by Unregistered
(Post 194646)
Hey all, I am currently a NUS Law student sitting on FCH with several academic (e.g. Dean's List) and mooting achievements. Wanted to know what would be the best career move going forward in terms of achieving the highest pay - would it be to apply to international firms based in Singapore such as Clifford Chance / Baker?
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Most of the international firms in Singapore (except rare few like CC) don't take trainees or singapore-qualified associates, as their business model is more around managing local counsel in SEA/India and there isn't much to do for a junior associate in such situations. Latham, Linklaters and A&O take some junior associates but you have to attend a UK uni (as the programme is to make you England and Wales qualified). I'm not sure if the UK SQE changes this.
The international firms in SG do take 2+PQE associates from USA, London or Australia and in fact there's a real shortage of these associates, so if your aim is to make big bucks in Singapore in the medium term, you need to go get yourself trained in those places.
However if you do want to further your career in the long run (and not just immediately as an NQ), you will go to where you have the most exposure and learn the most - this means USA (major markets like NY, Chicago or SF), London or Hong Kong.
Singaporeans can go far and can head up regional or even global offices - there's Cheng Tai Heng who heads up Sidley's arbitration team (after working in NY most of his life), Milton Cheng as global chair of Baker McKenzie (worked most of his life in HK), Jayanthi Sadanandan (who worked mostly in NY and then became Latham's London managing partner).
You theoretically earn the most by being Davinder Singh or Lucien Wong (and running an absolute sweatshop local firm and paying your local associates nothing) or being GC at an MNC like google and being paid in stock, but there is only one head of A&G and only one GC of google, and there are many more partner (or very good non-GC in-house roles) positions overseas.
Your call.
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