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  #17991 (permalink)  
Old 24-09-2022, 07:36 PM
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Exactly. Essentially, Dentons and TSMP are the same as the big4
Ahahahahahhahahahaahahhahahahahahahhahaa

Whatever you’re smoking I’d like to have some.

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  #17992 (permalink)  
Old 24-09-2022, 07:38 PM
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Agreed. We should start referring to the Big6 from now onz

They do similar wall-street work, and they all pay NQs $7,000 and upwards.
I never understood why firms marketed themselves as doing “Wall Street” work. What the **** does it even mean anyway?

In any even, very few firms in Singapore are doing cutting edge work. For local firms, I wouldn’t consider any firm outside of A&G and maybe WongP as doing anything top class in terms of transactional work.

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  #17993 (permalink)  
Old 24-09-2022, 09:10 PM
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I never understood why firms marketed themselves as doing “Wall Street” work. What the **** does it even mean anyway?

In any even, very few firms in Singapore are doing cutting edge work. For local firms, I wouldn’t consider any firm outside of A&G and maybe WongP as doing anything top class in terms of transactional work.
Steff sucking 8# wall stret work

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  #17994 (permalink)  
Old 24-09-2022, 10:35 PM
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I never understood why firms marketed themselves as doing “Wall Street” work. What the **** does it even mean anyway?

In any even, very few firms in Singapore are doing cutting edge work. For local firms, I wouldn’t consider any firm outside of A&G and maybe WongP as doing anything top class in terms of transactional work.
The phrase "wall street work" came out more than 10 years ago innit?

And yet you still rmb and r still talking abt it.

So whether really true or not, its already served its purpose. All publicity is good publicity..
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  #17995 (permalink)  
Old 25-09-2022, 10:53 AM
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how u know?

i heard 3pqe international firm also $15k
Wrong.

Only the Silver Circles give you something as low as 3PQE =15k

Magic circle = 15k for NQ assoc
Mid-Atlantic US firms = 17-19k NQ assoc
Cravath US firms = 24k NQ assoc
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  #17996 (permalink)  
Old 25-09-2022, 10:54 AM
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Around $15K for new JP.
That is pre- the recent pay hike .

Big4 JP now start at 17k
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  #17997 (permalink)  
Old 25-09-2022, 11:27 AM
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That is pre- the recent pay hike .

Big4 JP now start at 17k
R&T does not pay 17k for JP
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  #17998 (permalink)  
Old 25-09-2022, 12:17 PM
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R&T does not pay 17k for JP
Then what is R&T JP pay?

On a side note, I think many tech companies pay more than $17k for senior software devs

I think its ridiculous that a Big 4 JP earns less than a software dev when they work so much harder to have survived to that stage. Its more a reflection of how low local law firm pay is.
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  #17999 (permalink)  
Old 25-09-2022, 04:48 PM
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R&T does not pay 17k for JP
R&T new JP is around 14.5 - 15.5k
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  #18000 (permalink)  
Old 25-09-2022, 09:42 PM
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Wrong.

Only the Silver Circles give you something as low as 3PQE =15k

Magic circle = 15k for NQ assoc
Mid-Atlantic US firms = 17-19k NQ assoc
Cravath US firms = 24k NQ assoc

I think some idiot made this payscale like 4 years ago on this forum and people have been parroting this nonstop since then.

Only the MC salary is accurate, +/- $1k.

The mid-Atlantic US firm salary is completely hogwash - the majority of the SINGAPORE offices of those firms pay less than the MC SG offices for equivalent bands. These firms do not follow their UK or NY pay scales in Singapore - they pay significantly less here. And why should they?

On the so-called "Cravath US firm" - there are maybe only 3 firms that pay Cravath rates to ALL their SG associates. The remaining firms pay Cravath rates to a FEW top performers, on a discretionary and individual basis and this is also subject to a year or 2 of evaluation post hiring.
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