Lawyer Salary

Originally Posted by clementicollege

hi y'all, heard there were some adjustments in the legal industry salary recently. any idea how much the NQ/1PQE salaries are as of now (2022/23 region)?

For both b4 and bigger mid-sized firms.

These are generally the bands. Recent practice is for many firms to distinguish based on practice groups (i.e. more profitable or revenue generating practices pay at the higher end) hence there's a range and not a uniform figure for each PQE year. Also it folds in frontloaded bonus, so the remaining bonus is usually only a paltry amount like 0.5-1 of monthly pay.

B4
NQ: $7.5K - $7.9K
1PQE: $8.5K - $9.2K
2PQE: $9K - $10.5K
3PQE: $10.5K - $11.8K
4PQE and above: $12K & above

Mid-tier
NQ: $6.8K - $7.6K
1PQE: $7.5K - $8.2K
2PQE: $8K - $9.2K
3PQE: $10K - $11.5K
4PQE: $11K & above

Originally Posted by Unregistered

Based on 2021-2022 appointments, JPs in big4 start between 15.5k - 17k.

If this is true, then isn't it very plausible for a Drew AD to be at around $20k? Even the more junior ones, say a FD or a couple of years after making AD.

Dunno why people were rubbishing the 20k figure a few pages back.

Originally Posted by Unregistered

Congrats to all the newly promoted Latham partners, class of 2022!!!

Oh wait...no sinkie lawyers LMAO

Shush MacDuff!!! Back to mommy!!! Mommy needs you to pose for the gram!!! Like this!!! Attack!!! There's just too much ... Dog LMAO

ROFL oof!!!

Originally Posted by Unregistered

If this is true, then isn't it very plausible for a Drew AD to be at around $20k? Even the more junior ones, say a FD or a couple of years after making AD.

Dunno why people were rubbishing the 20k figure a few pages back.

Drew AD is a junior JP so would not be getting 20k..

Originally Posted by Unregistered

Shush MacDuff!!! Back to mommy!!! Mommy needs you to pose for the gram!!! Like this!!! Attack!!! There's just too much ... Dog LMAO

ROFL oof!!!

Disclosure- mommy alert- congrats!

My name is MacDuff and I am a countryist. I hadn’t realised it before but then Singaporean-owned dogs reared in Singapore for whom privilege is a birthright wouldn’t.

Anyone saw the new Hong Kong Legal Cheek website

://hk.legalcheek.com/

You think they should create one for Singapore too? Would be quite useful to have 1 for Singapore lawyers.

* When a local law firm partner is competing for legal talent against other local firms, here are some ways to go about it *

(1) I. Claim you are paying market leading salaries to juniors, to cement your image as a top-paying firm in the industry, AND / OR
put out hearsay claims / quotes re. the high salaries of your other mid-level and above lawyers;
II. Depress whatever a competitor local firm claim they are paying to mid-level and above lawyers, by quoting the lower bounds of their black-box range.

(2) Talk up the prestige and scale of your work / clients. Additionally, deploy some identifiable slogans for your firm drive home this fact.


* When a local law firm partner is competing for legal talent against international firms *

(3) Deploy identity politics. Convince locals that your firm offers higher chances of partnership because hey! You, the partner, are a local too just like them.

Originally Posted by Unregistered

The newly promoted Singapore office partner you're referring to, is about as Singaporean as I am Israeli.

Dammit. Caught red handed.
Happy weekend everybody!!!!

Originally Posted by Unregistered

Why do Local grads like to talk abt CC and BM?

My seniors from cambridge all focused on Latham / Gibson Dunn / White & Case etc

because local grads are risk adverse and dont really try to push boundaries, making them even worse than - may ***** forgive me for uttering this - Dickson Poon grads

the truly devout fighters will shed all earthly possessions by joining AGC for 4k/mth with no prospects of FCH or scholarship

you are also essentially asking "why do cambridge grads aim for better firms on average compared to local grads"

If I still haven't gotten a TC in year 3 am I screwed? (got an F for an elective and my GPA dropped like mad).