Originally Posted by Unregistered (Post 196965)

Post revisions the salary ranges of the B4 are pretty equivalent.

NQ 6.4 - 6.8
1PQE 7.4 - 7.8
2 PQE 8.4 - 8.8
3 PQE 9.8 - 10.4

WP is highest based on monthly take home (as they made a point to do so) but is not necessarily the highest after factoring in bonuses.

Originally Posted by Unregistered (Post 197015)

How can these figures be correct for Big 4 if Rodyk's revised salary is already as per the scale below. Unless Rodyk is paying on the same scale as the Big 4s now?

NQ 6.5k
1PQE 7.6k
2PQE 8.5k
3PQE 10k
4PQE 11.6k
5PQE 12.5k
6PQE 13.5k

Originally Posted by Unregistered (Post 197019)

How much does a typical Chinatown litigation lawyer earn?

Originally Posted by Unregistered (Post 197059)

Not enough to afford them the dignity befitting of a lawyer. Paralegal level of dignity maybe.

Originally Posted by Unregistered (Post 197062)

I see. What would u say about Big4 salary then? Got dignity ?

Originally Posted by Unregistered (Post 197068)

Wage slave for less than Chinatown

Originally Posted by Unregistered (Post 197062)

I see. What would u say about Big4 salary then? Got dignity ?

Originally Posted by Sage69 (Post 197037)

It's been great reading the posts here, which - quite understandably - focus on where one can expect larger salaries at a junior level.

That said, it is important not to miss the wood from the trees. International firms have been here for longer than people think. Even White and Case was tied up with CNP Law for some time, Shook Lin with A&O etc. Some, particularly those that are not FLA/JLVs pay well. Others less so.

Even in the former category, the question to be asked is this: what can I get away from this experience, apart from some extra money? As associates, there will come a time where the need to justify one's existence becomes more relevant. After all, the 18k or 22k has to come from somewhere. When that happens, what skills have you amassed, and how marketable are you? At an international firm, quite unlikely you have a book by the time this date of reckoning arrives. In terms of skillset, sure you've been on a number of big deals - but so have many other direct competitors in the marketplace. So what gives?

This is a very real scenario facing many who are nearing 8-10 pqe. Even worse if you are in a lower paying FLA type setup. One only has to look at recent moves from international firms to medium sized local setups to verify this.

I'd therefore like to see the question being posed more holistically. Yes firms are raising salaries, and international firms always tend to pay more. But where can I develop, grow into my preferred practice area, build up a brand - rather than be an overpaid production operator waiting for the date of reckoning to arrive?

Originally Posted by Unregistered (Post 197072)

But if we can reach JP level at WongP, can get rich! Low taxes compared to international firms in london

Originally Posted by Unregistered (Post 197043)

Just remember that Dentons has more than 12000 lawyers while the big4 only have around 300 each.