Lawyer Salary

Originally Posted by Unregistered

If you know what you want to practise in, I suppose it could make sense to do that in a B4 straight away for more focused experience. But I always think that if you know that you want to end up in an MC firm, you might as well start at an MC firm. The MC brand name >>> B4 and you can start gaining valuable experience for your CV from day 1. Also, you won't have to compete with your other B4 peers when you are looking to lateral into an MC a few years down the line. I just think the benefit of doing your TC at B4 doesn't outweigh the benefits of starting at MC (but that's my personal opinion).

As for the QLTS (now SQE) for E&W qualification, yes, you can 'easily' get that while working in B4. But I think MC / US firms in SG don't really care about E&W qualifications. US firms may care a bit about NY qualifications (and definitely if you intend to do US capital markets work). Just look at the profiles of SG lawyers in MC/US firms in SG - that will give you an idea of how many have E&W / US qualifications.

True that nowadays (on linkedin) more DPPs jumping out to MC / Silver Circle firms? Successfully

Originally Posted by Unregistered

Yes, BM NQ is 9.5k (from call, not from January like the B4)

2019 call is around 15.5-16k. B4 is around 10.5-11k.

I can confirm this is correct. BM is remodelling itself to become more along the likes of a Mid-atlantic / silver circle firm, and the new pay structure reflects this. It has also been recruiting real quality of late, including a number of FCH and ex-magic circle lawyers.

Originally Posted by Unregistered

I can confirm this is correct. BM is remodelling itself to become more along the likes of a Mid-atlantic / silver circle firm, and the new pay structure reflects this. It has also been recruiting real quality of late, including a number of FCH and ex-magic circle lawyers.

LOL at the last part - name some? I know there is recruiting ongoing but it's pretty much ex-B4 and mostly in the litigation teams. The top quality corp lawyer aren't touching that with a ten-foot pole.

For those who moved inhouse, what are the pros and cons?

Are the hours and stress just as much as in practice (big 4 especially)?

Originally Posted by Unregistered

LOL at the last part - name some? I know there is recruiting ongoing but it's pretty much ex-B4 and mostly in the litigation teams. The top quality corp lawyer aren't touching that with a ten-foot pole.

U
U’re right. Above poster about BM is talking nonsense. Who would go there over Latham / White & Case / Sidley

Originally Posted by Unregistered

U
U’re right. Above poster about BM is talking nonsense. Who would go there over Latham / White & Case / Sidley

Is BM commensurate with the silver circle firms?

Didn’t know mid Atlantic US and silver circle UK firms were so close in pay

Originally Posted by Unregistered

True that nowadays (on linkedin) more DPPs jumping out to MC / Silver Circle firms? Successfully

Can anyone share what is the first year, second year pay for:

JLCs
DPPs
ARs

Esp for the JLCs and DPPs, seems like everyone is giving me different figures
Asked 5 ppl, got 5 different numbers man

Originally Posted by Unregistered

U
U’re right. Above poster about BM is talking nonsense. Who would go there over Latham / White & Case / Sidley

Go BM get burnt esp in MnA for wuddddd

Originally Posted by Unregistered

Go BM get burnt esp in MnA for wuddddd

BM is the mcdonalds of intl law firms.

Originally Posted by Unregistered

Is BM commensurate with the silver circle firms?

Didn’t know mid Atlantic US and silver circle UK firms were so close in pay

Traditionally mid-Atlantic pays between MC and Cravath. If you are not there then you’re being discounted.

Though nowadays some MC firms (see in London) are getting cheaper than others on associate salaries.