Lawyer Salary - Page 1699 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Lawyer Salary

Reply
 
Thread Tools
  #16981 (permalink)  
Old 09-06-2022, 09:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Doubtful. Even A&G is not asked to quote on the big ticket matters anymore. MCs are matching big4 quotes and even undercutting. No wonder lucien left. Everything is goin downhill
I would disagree, I think A&G still has some very profitable departments with long term clients (namely SG government linked companies).

It's also inconceivable that MC would match or undercut A&G, given their salaries / overheads are much higher. A&G maintains its profitability by combining high deal value / volume from SG government linked companies, with low paid and high billing associates.

Reply With Quote
  #16982 (permalink)  
Old 10-06-2022, 09:08 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I would disagree, I think A&G still has some very profitable departments with long term clients (namely SG government linked companies).

It's also inconceivable that MC would match or undercut A&G, given their salaries / overheads are much higher. A&G maintains its profitability by combining high deal value / volume from SG government linked companies, with low paid and high billing associates.
What about other B4 leh? The squeeze is real, especially with international firms coming in.

Frankly speaking Singapore's financial and services sector is simply not big enough to support a large amount of corporate lawyers or big players in the market. In terms of volume of work and fees.

As compared to more mature jurisdictions, there's also not yet a culture of corporate management seeking external legal advice pre-emptively for corporate and regulatory issues, especially in companies with less established process and governance. Management always tries to DIY and call lawyers in only when sh_t hits the fan. Hence further reducing the types of work.

Which explains why local law firms' profitability is so low and associates are so poorly paid.

I think the future of the legal sector here is for a substantial no. of midtier firms to be absorbed or fold & at least 1 B4 will merge with an international player in the next 5 years.

Reply With Quote
  #16983 (permalink)  
Old 10-06-2022, 11:36 AM
Unregistered
Guest
 
Posts: n/a
Default

D&N has already wound down its corp dept to a skeletal team. The same fate awaits the rest of the b4.

Reply With Quote
  #16984 (permalink)  
Old 10-06-2022, 05:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
D&N has already wound down its corp dept to a skeletal team. The same fate awaits the rest of the b4.
What do u mean skeletal team

D&N is still Tier 3 in Legal 500 corp M&A and Chambers leh. And tier 2 in IFLR1000

Peer firms are Shook Lin, Rodyk, TSMP for corp

Don't anyhow slander D&N corp. You got some bone to pick with them ah
Reply With Quote
  #16985 (permalink)  
Old 10-06-2022, 11:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What do u mean skeletal team

D&N is still Tier 3 in Legal 500 corp M&A and Chambers leh. And tier 2 in IFLR1000

Peer firms are Shook Lin, Rodyk, TSMP for corp

Don't anyhow slander D&N corp. You got some bone to pick with them ah
Those are all paid for. The rankings favour bigger firms becusse the big firms pay alot of marketing fees to these “guides” so its not surprising they are ranked up there but their corp team is smaller than other mid size firms.
Reply With Quote
  #16986 (permalink)  
Old 11-06-2022, 12:02 AM
Unregistered
Guest
 
Posts: n/a
Default

After reading the Leon Tay Quan Li judgment, it's clear the dude didn't train as a litigator. Anyone knows which firm he trained at?

He clearly doesn't have the necessary sense of self preservation and danger instincts to be a litigator. He should have engaged counsel the moment he was asked to be hauled before the SILE dean lol.

Creating PDFs only on the day of the meeting with the Dean. Taking less than 1 day to write his written representations - probably didn't even think it through.

Must be an aspiring corp lawyer hahaha. Whole day blundering right into bear traps.
Reply With Quote

  #16987 (permalink)  
Old 11-06-2022, 07:54 AM
Unregistered
Guest
 
Posts: n/a
Default

I am ending TC doing corp but I find it rather boring. Filling up forms and reviewing contracts which a law school kid can do as well?

should I apply to do litigation? my dream is attend court and argue. seems much more interesting.
Reply With Quote
  #16988 (permalink)  
Old 11-06-2022, 11:58 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I am ending TC doing corp but I find it rather boring. Filling up forms and reviewing contracts which a law school kid can do as well?

should I apply to do litigation? my dream is attend court and argue. seems much more interesting.
Do it lor. Just be aware that corp gives you exit options that liti doesn't. If you do liti, you are setting your career up to do only liti in future. If you do corp, you are setting your career up for many more potential roles.

I;m not saying you cant move inhouse as a litigator (many hv done that), just that a corp lawyer moving inhouse is a much more natural fit & hence much easier and much wider range of exit options.
Reply With Quote
  #16989 (permalink)  
Old 11-06-2022, 09:11 PM
Unregistered
Guest
 
Posts: n/a
Default

If I do liti, can I be self employed in the future?
Reply With Quote
  #16990 (permalink)  
Old 12-06-2022, 12:06 PM
Unregistered
Guest
 
Posts: n/a
Red face Slb

Hi all, I am looking to settle down with my boyfriend soon so I'm looking at SLB.

Can anyone share what's the payscale for a 5 PQE and 6 PQE at SLB?
Reply With Quote
Reply

Bookmarks

Tags
advocate, law, lawyer, legal, solicitor

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
From Lawyer Insider: Life is Glamorous but Unsatisfying Salary.sg Income and Jobs 31 15-01-2018 12:40 PM

» 30 Recent Threads
How is life as a doctor in... ( 1 2 3... Last Page)
7,343 Replies, 3,460,363 Views
GovTech ( 1 2 3... Last Page)
5,740 Replies, 2,288,961 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,005 Replies, 5,097,202 Views
ST Electronics ( 1 2 3... Last Page)
3,810 Replies, 1,576,167 Views
Career as Teacher ( 1 2 3... Last Page)
11,188 Replies, 6,836,576 Views
Compare civil service salary ( 1 2 3... Last Page)
16,436 Replies, 12,590,340 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
738 Replies, 412,412 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,488 Replies, 805,361 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,020 Replies, 1,084,497 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,662 Replies, 2,384,703 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,155 Replies, 3,796,332 Views
Lawyer Salary ( 1 2 3... Last Page)
21,148 Replies, 10,460,058 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,900 Replies, 4,723,173 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,346 Replies, 1,164,440 Views
Maritime and Port Authority of... ( 1 2 3)
20 Replies, 19,987 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
825 Replies, 387,657 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,815 Replies, 1,444,055 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,282 Replies, 636,921 Views
NUS (National University of... ( 1 2 3... Last Page)
323 Replies, 327,434 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,766 Replies, 1,517,032 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,503 Replies, 1,401,127 Views
DBS ACE Programme ( 1 2 3... Last Page)
163 Replies, 82,969 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,057 Replies, 451,337 Views
ITE (lecturer) ( 1 2 3... Last Page)
279 Replies, 392,888 Views
Any Ministry or Statboard still... ( 1 2)
12 Replies, 12,498 Views
Work culture in CPF board ( 1 2 3... Last Page)
34 Replies, 77,803 Views
Work culture in IHiS ( 1 2 3... Last Page)
722 Replies, 553,450 Views
Private Banking Salaries ( 1 2 3... Last Page)
83 Replies, 139,005 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
761 Replies, 424,900 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
415 Replies, 501,101 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:35 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2