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31-08-2023, 04:11 PM
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Quote:
Originally Posted by Unregistered
I don’t recommend doing Law to people who can’t handle stress and competition.
I went back to dental school (in Australia), after graduating from NUS Law years ago, and I certainly don’t regret it.
Sure, I don’t earn as much as those in international firms, but I am drawing a comfortable salary of $18000/month as a dental surgeon in Q&M (around 5 years of experience)…
This is despite the fact that I failed dental school twice and had to repeat in my third and final year…
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Practising law has always been stressful. The difference is that in the past, the remuneration is worth the amount of stress accumulated. Hence, you see the old Chinatown practitioners living rather comfortably, staying in landed and driving continental cars.
The problem now is that the top brass is scrutinizing P&P and even S&C costs, whilst making it much easier for laypeople to have access to resources and represent themselves. Essentially, it is death by a thousand cuts for many areas of litigation. Which is why the turnover rate for litigators is very high and many leave private practice to become either in-house counsel or legal officers in the civil service.
I'm 6 PQE and many of my learned friends in various practices of litigation have left to become in-house counsels. Tells you how grim the situation is. And yet you have tone-deaf leaders at LawSoc telling you that "Law is a calling" BS.
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31-08-2023, 06:34 PM
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Quote:
Originally Posted by Unregistered
Practising law has always been stressful. The difference is that in the past, the remuneration is worth the amount of stress accumulated. Hence, you see the old Chinatown practitioners living rather comfortably, staying in landed and driving continental cars.
The problem now is that the top brass is scrutinizing P&P and even S&C costs, whilst making it much easier for laypeople to have access to resources and represent themselves. Essentially, it is death by a thousand cuts for many areas of litigation. Which is why the turnover rate for litigators is very high and many leave private practice to become either in-house counsel or legal officers in the civil service.
I'm 6 PQE and many of my learned friends in various practices of litigation have left to become in-house counsels. Tells you how grim the situation is. And yet you have tone-deaf leaders at LawSoc telling you that "Law is a calling" BS.
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What about transactional law? Is it still worthwhile to be a corp lawyer. I see many small corp boutiques around too, though not as many as liti obv
How would a small or mid sized corp practitioner do nowadays in terms of earnings or comp?
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31-08-2023, 08:02 PM
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Quote:
Originally Posted by Unregistered
Practising law has always been stressful. The difference is that in the past, the remuneration is worth the amount of stress accumulated. Hence, you see the old Chinatown practitioners living rather comfortably, staying in landed and driving continental cars.
The problem now is that the top brass is scrutinizing P&P and even S&C costs, whilst making it much easier for laypeople to have access to resources and represent themselves. Essentially, it is death by a thousand cuts for many areas of litigation. Which is why the turnover rate for litigators is very high and many leave private practice to become either in-house counsel or legal officers in the civil service.
I'm 6 PQE and many of my learned friends in various practices of litigation have left to become in-house counsels. Tells you how grim the situation is. And yet you have tone-deaf leaders at LawSoc telling you that "Law is a calling" BS.
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Law, as a career, is still appealing compared to other fields like business/CS. It’s essentially the preferred choice for top students who either don’t have an interest for Med/ couldn’t get into Med
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31-08-2023, 08:49 PM
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Ferrari
Thoughts on CBT and/or his speech, and getting cancelled.
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31-08-2023, 10:30 PM
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Quote:
Originally Posted by Unregistered
Thoughts on CBT and/or his speech, and getting cancelled.
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Here’s the same noble speaker who got himself in the limelight of the Peak Magazine for owning several super cars
s://.thepeakmagazine.com.sg/interviews/exoticars-supercar-club-singapore-chia-boon-teck/
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01-09-2023, 12:04 AM
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Quote:
Originally Posted by Unregistered
Here’s the same noble speaker who got himself in the limelight of the Peak Magazine for owning several super cars
s://.thepeakmagazine.com.sg/interviews/exoticars-supercar-club-singapore-chia-boon-teck/
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Lol Sheffield grad. Delisted Uni.
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01-09-2023, 02:16 AM
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Quote:
Originally Posted by Unregistered
Here’s the same noble speaker who got himself in the limelight of the Peak Magazine for owning several super cars
s://.thepeakmagazine.com.sg/interviews/exoticars-supercar-club-singapore-chia-boon-teck/
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Actually I was quite impressed that he’s earning so much from his practice
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01-09-2023, 04:23 AM
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which local law firms are accepting of trans employees?
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01-09-2023, 10:32 AM
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Quote:
Originally Posted by Unregistered
Thoughts on CBT and/or his speech, and getting cancelled.
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Not saying I agree or disagree with his views, but I found him to be frank and open
So I was just wondering - is law a calling or a comfortable means of paying the bills? Why not both though?
Lawyers often compare themselves to other professions, but most of us can’t do math/physics - so isn’t law the best-paying writing/speaking job most of us can find?
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01-09-2023, 04:18 PM
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Quote:
Originally Posted by Unregistered
Not saying I agree or disagree with his views, but I found him to be frank and open
So I was just wondering - is law a calling or a comfortable means of paying the bills? Why not both though?
Lawyers often compare themselves to other professions, but most of us can’t do math/physics - so isn’t law the best-paying writing/speaking job most of us can find?
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The issue is with the history of the profession and the way it views itself, which is at odds with modern times
The earliest lawyers were basically sons of rich nobles who practised law as a hobby, their fees were honorariums
Now the profession opened up on the basis of merit (somewhat) and an LLB (Hons) is not as exclusive in terms of money or birthright as it was 700 years ago and you have all these commoners entering the profession to ask for higher pay/fees and work-life balance etc
Tbh in this day and age being a lawyer should be viewed as a comfortable means of paying the bills, this self-perception of it being noble or gentlemanly is seriously outdated and should be reformed in a lot of aspects
It's just a job like any other and the job title only intimidates laypeople who in the year 2023 still subscribe to lazy stereotypes re: education and SES
95% of the people who kena for speeding, maintenance summonses, divorce, etc. are actually competent enough to represent themselves, they are just paying a lawyer to take care of the time and trouble for them
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