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  #16041 (permalink)  
Old 22-02-2022, 01:16 PM
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From what I've gathered from this forum, what good is liti if it has less pay + more stress lmao
Sinkies really love to get screwed

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  #16042 (permalink)  
Old 22-02-2022, 02:19 PM
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From what I've gathered from this forum, what good is liti if it has less pay + more stress lmao
More exciting and closer to what you actually studied in law school - analysing cases and constructing legal arguments. A lot of people study law because they are attracted to litigation work (which is what people/mass media associates lawyers with), not corporate work.

Litigators are generally respected more than corporate lawyers by clients because you're the expert who will come save them from trouble. Corp lawyers are often seen as a necessary evil to make a deal happen, or sometimes even an obstacle to pushing a deal through.

If you're good at it, liti can be a financially rewarding career too. Plus it's more stable and less susceptible to being made redundant because your practice area is down. Corp is booming now but ask those corp lawyers who were let go in the last financial crisis.

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  #16043 (permalink)  
Old 22-02-2022, 02:59 PM
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More exciting and closer to what you actually studied in law school - analysing cases and constructing legal arguments. A lot of people study law because they are attracted to litigation work (which is what people/mass media associates lawyers with), not corporate work.

Litigators are generally respected more than corporate lawyers by clients because you're the expert who will come save them from trouble. Corp lawyers are often seen as a necessary evil to make a deal happen, or sometimes even an obstacle to pushing a deal through.

If you're good at it, liti can be a financially rewarding career too. Plus it's more stable and less susceptible to being made redundant because your practice area is down. Corp is booming now but ask those corp lawyers who were let go in the last financial crisis.
From your second paragraph, people already know you are not even in practice yet.

You can find out for yourself why litigators are leaving in droves on their own accord. Penny pinching clients, unreasonable timings for even the most menial of tasks, hands-free bosses, hours and hours of obscure research on points of law even your clients don’t give a **** about.

Welcome to the real world.

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  #16044 (permalink)  
Old 22-02-2022, 03:01 PM
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More exciting and closer to what you actually studied in law school - analysing cases and constructing legal arguments. A lot of people study law because they are attracted to litigation work (which is what people/mass media associates lawyers with), not corporate work.

Litigators are generally respected more than corporate lawyers by clients because you're the expert who will come save them from trouble. Corp lawyers are often seen as a necessary evil to make a deal happen, or sometimes even an obstacle to pushing a deal through.

If you're good at it, liti can be a financially rewarding career too. Plus it's more stable and less susceptible to being made redundant because your practice area is down. Corp is booming now but ask those corp lawyers who were let go in the last financial crisis.
Stable at 4k income for 6 years while getting slavedrived. Rewarding indeed.
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  #16045 (permalink)  
Old 22-02-2022, 03:22 PM
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Ok la been there done that. Started out in small firm doing chapalang, from State Court claims to contracts. Went to mid size firm doing liti. Pay marginally better but boring af . I tell u, working for mid tier local firm is really the dumps. Boring local clients, boring colleagues, boring office, lame firm culture n some weirdass uptight rules. Basically, like any typical sinkie-run company.

Gtfo from there and managed to land inhouse role. I'm not paid fantastic by any means but the amount of free time to shake leg is really unbeatable man. Shiok max. Full WfH. Morning answer a few emails, usually stupid question from sales teams. Bounce some docs back n forth. Pangkang by 430pm go jio friends to drink, meet gf for dinner. Friday is unofficial half day can gym during lunch. Boss and office all slacking anw.

Tldr, slogging it out in a small or mid market local firm is really bo hua one. Same amount of grind is foisted on u without the prestige or pay of a large firm. Know what u want n never stay contented to be exploited.

What is a good in-house package $$ for a 3-4 pqe lawyer with mid sized firm experience?
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  #16046 (permalink)  
Old 22-02-2022, 03:43 PM
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Stable at 4k income for 6 years while getting slavedrived. Rewarding indeed.
If you are still earning 4k after 6 years, sorry to say but you are bottom of the barrel. Maybe find a new profession?
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  #16047 (permalink)  
Old 22-02-2022, 03:48 PM
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If you are still earning 4k after 6 years, sorry to say but you are bottom of the barrel. Maybe find a new profession?
This is the sad reality of most small-mid size liti lawyers.
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  #16048 (permalink)  
Old 22-02-2022, 04:10 PM
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This is the sad reality of most small-mid size liti lawyers.
No lah even those female lawyers with part time arrangement in small firm because of young kids, also paid more than 4k per month

If by 6 years in small firm, you don't nego some kind of profit sharing arrangement with ur boss, then ur stupid and likely cmi in any other industry anyway. At 6PQE, you're probably indispensable to ur boss.

My small firm friends are pulling in ~$15k per month on profit sharing basis. Ofc they do all the work for the files, while boss plays golf. But my friends suka suka go to office at 10-11 am also no problem.
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  #16049 (permalink)  
Old 22-02-2022, 08:12 PM
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Which are the best and worst corp depts in the big4?
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  #16050 (permalink)  
Old 23-02-2022, 10:42 AM
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Which are the best and worst corp depts in the big4?
Difficult to generalize a clear best and worst. Reputation? Size/type of deals? Quality of life? It is also very team dependent.

If you want to go by pure industry rankings, A&G is widely regarded as the market leader while D&N usually trails behind the other 3 in most corp areas
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