Lawyer Salary - Page 1773 - 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
  #17721 (permalink)  
Old 01-09-2022, 08:11 PM
Unregistered
Guest
 
Posts: n/a
Default

Drew or rajah liti?

Also anyone has the feels that most younger trainees and assocs are heading to rajah
Spoke to some of them and they said that rajah is the next up
And coming in big 4

But wanted to get a sense from you folks, thanks

Reply With Quote
  #17722 (permalink)  
Old 01-09-2022, 08:13 PM
Unregistered
Guest
 
Posts: n/a
Default

Which of the big 4 is best for:

Liti
Corp commercial
M&A
Capital markets
Banking and finance

Can share w me, thanks

Reply With Quote
  #17723 (permalink)  
Old 01-09-2022, 08:42 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Fake news la. If NQ 9k then junior partner paying what, 20k ah.
B4 is really sad. Junior partners starting salary is 17k.

Whereas International Firms 1st year assoc starts at 14k-24k (depends whether MC or Mid Atlantic or NY rates)

Reply With Quote
  #17724 (permalink)  
Old 01-09-2022, 10:42 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
B4 is really sad. Junior partners starting salary is 17k.

Whereas International Firms 1st year assoc starts at 14k-24k (depends whether MC or Mid Atlantic or NY rates)

://.legalcheek.com/2022/09/179156/
Kennedys has increased rates for newly qualified (NQ) associates in London by a whopping 60%, from 50,000 to 80,000.

The Legal Cheek Firms Most List 2023 shows the major money move puts its new lawyers on a pay par with their rivals at Charles Russell Speechlys, Clyde & Co and Trowers & Hamlins. Salaries in the regions are up 32% to 50,000.
-------------------------
It's extremely saddening to see that even a 5th tier firm like Kennedys has increased their NQ pay to 80K (nearly SGD 11k per month) while Singapore's biggest, most elite and most prestigious local law firms i.e. the Big 4, are still paying NQs and Junior Assocs salaries that are barely living wage.
Reply With Quote
  #17725 (permalink)  
Old 02-09-2022, 12:00 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
B4 is really sad. Junior partners starting salary is 17k.

Whereas International Firms 1st year assoc starts at 14k-24k (depends whether MC or Mid Atlantic or NY rates)
Big 4 salaried partner 17k, so much?
Reply With Quote
  #17726 (permalink)  
Old 02-09-2022, 12:02 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What about funds at R&T?
Similar to WongP. Reg-focused practice.
Reply With Quote

  #17727 (permalink)  
Old 02-09-2022, 12:03 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
://.legalcheek.com/2022/09/179156/
Kennedys has increased rates for newly qualified (NQ) associates in London by a whopping 60%, from 50,000 to 80,000.

The Legal Cheek Firms Most List 2023 shows the major money move puts its new lawyers on a pay par with their rivals at Charles Russell Speechlys, Clyde & Co and Trowers & Hamlins. Salaries in the regions are up 32% to 50,000.
-------------------------
It's extremely saddening to see that even a 5th tier firm like Kennedys has increased their NQ pay to 80K (nearly SGD 11k per month) while Singapore's biggest, most elite and most prestigious local law firms i.e. the Big 4, are still paying NQs and Junior Assocs salaries that are barely living wage.
Don't forget the higher cost of living and tax. On 80k per year, you'd be paying an effective income tax of about 30% in the UK, so you would only take home about 56k per year.

56k ~ S$90k per year - around S$7.5k per month, which is exactly what B4 pays. And after rent, utilities, and other payments, you'd be taking home far less than this.

Purely on financial terms, and assuming you live at home and don't pay rent in SG, you would have to be on the UK scale MC / US salary for it to be economically viable to work in the UK.

Example: CC pays their UK NQs 125k. After tax, you're taking home 80k - about 6.7k per month. Assuming rent, utilities, and other payments are around 2.5k per month, your net income per month would be 4.2k or ~S$6.7k. That's a little less than B4 after Singapore tax.

Again, assuming you live at home and don't pay for rent in SG, up to a certain point you would actually make more in net pay as a B4 NQ in SG than working in London on the UK.

But of course, this is purely on financial terms - it doesn't include how your MC/US salary would scale over time (definitely better than B4), bonuses, and the many other opportunities that working in London at a top-tier firm would bring. Just food for thought
Reply With Quote
  #17728 (permalink)  
Old 02-09-2022, 12:42 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Drew or rajah liti?

Also anyone has the feels that most younger trainees and assocs are heading to rajah
Spoke to some of them and they said that rajah is the next up
And coming in big 4

But wanted to get a sense from you folks, thanks

One firm provides their associates with fish tanks whereas another uses a hot desk system. Surely you can tell which one is more appealing to young professionals who are constantly being told they are the best of their cohorts
Reply With Quote
  #17729 (permalink)  
Old 02-09-2022, 12:45 AM
Unregistered
Guest
 
Posts: n/a
Default

Hot desk? I thought standing desks are given; just no rooms
Reply With Quote
  #17730 (permalink)  
Old 02-09-2022, 07:44 AM
Unregistered
Guest
 
Posts: n/a
Default

Is it good to work for Mahesh Rai? Any feed backs?
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
Lawyer Salary ( 1 2 3... Last Page)
20,231 Replies, 9,323,854 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
479 Replies, 274,552 Views
How is life as a doctor in... ( 1 2 3... Last Page)
6,193 Replies, 2,900,825 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
11,682 Replies, 4,211,833 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
410 Replies, 196,499 Views
Career as Teacher ( 1 2 3... Last Page)
9,394 Replies, 5,679,168 Views
ST Electronics ( 1 2 3... Last Page)
3,451 Replies, 1,307,255 Views
GovTech ( 1 2 3... Last Page)
4,203 Replies, 1,689,139 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,591 Replies, 874,838 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
371 Replies, 649,741 Views
NUS (National University of... ( 1 2 3... Last Page)
293 Replies, 266,141 Views
Compare civil service salary ( 1 2 3... Last Page)
15,874 Replies, 11,573,576 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
5,705 Replies, 3,350,916 Views
Work culture in IHiS ( 1 2 3... Last Page)
617 Replies, 433,275 Views
IMDA (under MCI) ( 1 2 3... Last Page)
911 Replies, 417,559 Views
Roles in accenture singapore ( 1 2 3... Last Page)
6,579 Replies, 1,936,574 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,461 Replies, 1,097,082 Views
What are BAND 5 positions -... ( 1 2 3)
23 Replies, 6,812 Views
HDB (under MND) ( 1 2 3... Last Page)
516 Replies, 550,588 Views
CAD (Commercial Affairs Department) ( 1 2 3... Last Page)
228 Replies, 228,306 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,510 Replies, 4,185,831 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,855 Replies, 4,174,097 Views
Constituency Manager (People... ( 1 2 3... Last Page)
963 Replies, 752,628 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,878 Replies, 2,713,079 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
274 Replies, 309,034 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,279 Replies, 990,511 Views
NTU (non-faculty) ( 1 2 3... Last Page)
142 Replies, 191,159 Views
Band 4 and Band 5 in Standard... ( 1 2 3... Last Page)
65 Replies, 148,770 Views
OKX SuperNova Graduate Program ( 1 2 3... Last Page)
79 Replies, 52,235 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
1,102 Replies, 555,523 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:56 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2