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Unregistered 21-02-2011 07:35 PM

Quote:

Originally Posted by Unregistered (Post 9733)
80% live in HDB doesnt mean all below 8k household income. 8k limit is only for initial application for the HDB flat. there are many still living in there but way above the 8k combined. 10-15k salary for individual is actually getting common but still not norm. many just keep quiet about it, haha

just use the IRAS data to compare. it's the most accurate and unbiased data that you can get your hands on.

Finance Guy 24-02-2011 12:37 PM

Quote:

Originally Posted by Rorty (Post 9682)
It boggles my mind how out of touch some posts in this thread are. A law professor does not earn "peanuts", unless you are using the TT Durai scale. For example, an assistant professor (lowest professorial rank) would probably be earning 8-12k a month (I'm a law student estimating based on clues dropped by my own law professors). That's many times the median monthly income in Singapore, which was 2.7k in June 2010.

The definition of "rich" offered by an earlier poster which stipulates a salary of 500k/month simply beggars belief. It reminds me of people who say that a salary of 10k/month is only "average" or "middle-class" - when such an income would place you within the top 5% of the population! "Middle-class", by definition, would be those earning the median income of ~3k. If you are in the top 5%, you are rich, period. Benchmark yourself against objective statistics, not against your peers (who tend to be in the same economic class as you) or some unrealistic materialistic ideal.

Anyway, to any JC student reading this thread to decide whether to take up law, my advice is not to decide based on pay. Instead, go pick up a random law textbook and browse through it. Download some judicial decisions to read (you can find recent ones here). This is what you will be doing for the next four years. If you don't have the requisite interest and aptitude, you will be miserable in law school, and will most likely end up doing something completely unrelated to law when you graduate (assuming you don't drop out before then).

It is interesting that your law professors see the need to "drop clues" as to their pay. I am not a law graduate, but my uni lecturers never does that in front of us. I hear from friends that most lawyers make partners in their 30s and draw 300-500k pa. So I guess its true that academia pays much less in law than other professions for them to boost their own self-esteem?

Rorty 24-02-2011 05:41 PM

Quote:

Originally Posted by Finance Guy (Post 9800)
It is interesting that your law professors see the need to "drop clues" as to their pay. I am not a law graduate, but my uni lecturers never does that in front of us. I hear from friends that most lawyers make partners in their 30s and draw 300-500k pa. So I guess its true that academia pays much less in law than other professions for them to boost their own self-esteem?

It wasn't the case that my professors actively hinted that they were making X amount of money. Rather, I asked a couple of them in private about how working as an academic was like, and pay naturally was one of the subjects that came up obliquely.

Academia definitely pays less than private practice, but it is still a decent pay that allows you to enjoy a comfortable lifestyle (car, condo, annual vacations, etc). Not everything is about money. As an academic, you get far better work life balance, you get to pursue your intellectual interests, and you get to mould the lawyers, judges and politicians of tomorrow. You fly around the world presenting papers at conferences, you have leisurely lunches with colleagues and students discussing issues of the day, and newspapers call you up asking you for your esteemed opinions.

It is actually a very cushy job, and one that is available only to the top students of a cohort (who could easily have joined any big firm if they wanted to). Honestly, a law professor would probably have far better self-esteem than the average lawyer.

Unregistered 01-03-2011 04:18 PM

Can I just ask if you are studying at SMU?

Quote:

Originally Posted by Rorty (Post 9803)
It wasn't the case that my professors actively hinted that they were making X amount of money. Rather, I asked a couple of them in private about how working as an academic was like, and pay naturally was one of the subjects that came up obliquely.

Academia definitely pays less than private practice, but it is still a decent pay that allows you to enjoy a comfortable lifestyle (car, condo, annual vacations, etc). Not everything is about money. As an academic, you get far better work life balance, you get to pursue your intellectual interests, and you get to mould the lawyers, judges and politicians of tomorrow. You fly around the world presenting papers at conferences, you have leisurely lunches with colleagues and students discussing issues of the day, and newspapers call you up asking you for your esteemed opinions.

It is actually a very cushy job, and one that is available only to the top students of a cohort (who could easily have joined any big firm if they wanted to). Honestly, a law professor would probably have far better self-esteem than the average lawyer.


Unregistered 01-03-2011 07:21 PM

sounds like NTU. poly lecturers definitely are having cushy jobs.

in unis, you have quotas to meet, as management wants to squeeze as much research papers out of you as possible to up their world rankings.

Unregistered 03-03-2011 06:12 PM

Here's some real world data for you guys. This is my fourth year as a lawyer, I am working at a foreign law firm, and my monthly pay is 12k.


BUT


My boss owns my soul. 14, 16 hour work days, weekends burnt, only have time to eat and sleep. And sometimes not even that.

Unregistered 03-03-2011 07:14 PM

Quote:

Originally Posted by Unregistered (Post 9931)
Here's some real world data for you guys. This is my fourth year as a lawyer, I am working at a foreign law firm, and my monthly pay is 12k.


BUT


My boss owns my soul. 14, 16 hour work days, weekends burnt, only have time to eat and sleep. And sometimes not even that.

Does his boss own his soul too? If not, then strive to reach his level. There is light at the end of the tunnel.

Unregistered 17-03-2011 02:16 AM

Quote:

Originally Posted by Finance Guy (Post 9800)
It is interesting that your law professors see the need to "drop clues" as to their pay. I am not a law graduate, but my uni lecturers never does that in front of us. I hear from friends that most lawyers make partners in their 30s and draw 300-500k pa. So I guess its true that academia pays much less in law than other professions for them to boost their own self-esteem?

What? Please define "most lawyers". Are we talking about good lawyers, or lawyers in general including the mediocre ones? Because many lawyers never make partner at a large firm that would pay them that amount in their 30s.

Accountant 17-03-2011 03:49 PM

I have recently finished my national service and i'm currently contemplating on furthering my studies in the UK. I've received offers from recognized universities to read law there. My A level grades were above average but not good enough to enter the law faculties or courses related to the top professions.

I am also about to finish my ACCA qualification which i studied part time, I really like accounting but the general consensus in Singapore is that a degree is of paramount importance to secure a bright future. I am also keen on joining the civil service, this puts me in an even more difficult position as my divisional grading is determined by the qualifications I have.

The question is do erstwhile accountants perform well in the legal profession? Would law firms specializing in M&A, equity and trusts and Tax see a person possessing accounting knowledge in a brighter light? What other areas do accountants-turned-lawyers practice in? And is there any potential conflict of interests I should be aware of due to my dual capacity as accountant and lawyer? Your advice would be greatly appreciated! Thanks.

Unregistered 17-03-2011 05:05 PM

Quote:

Originally Posted by Accountant (Post 10263)
I have recently finished my national service and i'm currently contemplating on furthering my studies in the UK. I've received offers from recognized universities to read law there. My A level grades were above average but not good enough to enter the law faculties or courses related to the top professions.

I am also about to finish my ACCA qualification which i studied part time, I really like accounting but the general consensus in Singapore is that a degree is of paramount importance to secure a bright future. I am also keen on joining the civil service, this puts me in an even more difficult position as my divisional grading is determined by the qualifications I have.

The question is do erstwhile accountants perform well in the legal profession? Would law firms specializing in M&A, equity and trusts and Tax see a person possessing accounting knowledge in a brighter light? What other areas do accountants-turned-lawyers practice in? And is there any potential conflict of interests I should be aware of due to my dual capacity as accountant and lawyer? Your advice would be greatly appreciated! Thanks.

My advice: given your current education qualifications, don't join the civil service right after graduation. Reason is that you have average A levels grades and the fact that you can't get into a local uni will set you back by a couple of years compared to your peers who made it to the local uni's. Don't join, unless you really have a penchant for public service (even so, you will change your mind after joining - you'll find civil servants are driven by things other than passion).

Another advice, though redundant as it seems, is to do well in your undergraduate studies. I may be wrong, but if I read correctly, I think your family can afford to sponsor your foreign studies for the next 4-5 years. So don't waste this opportunity. Do well in the foreign uni, then get into a top tier grad school for 1 or 2 more years. And start your career with a top tier MNC or law / accounting firm. I assure you this will be the best gift you can give yourself and your family.

Accountant 17-03-2011 05:49 PM

Quote:

Originally Posted by Unregistered (Post 10266)
My advice: given your current education qualifications, don't join the civil service right after graduation. Reason is that you have average A levels grades and the fact that you can't get into a local uni will set you back by a couple of years compared to your peers who made it to the local uni's. Don't join, unless you really have a penchant for public service (even so, you will change your mind after joining - you'll find civil servants are driven by things other than passion).

If i join the service, do you know how I will be classified as an ACCA trainee without work experience and as an ACCA member with experience?

Quote:

Originally Posted by Unregistered (Post 10266)
Another advice, though redundant as it seems, is to do well in your undergraduate studies. I may be wrong, but if I read correctly, I think your family can afford to sponsor your foreign studies for the next 4-5 years. So don't waste this opportunity. Do well in the foreign uni, then get into a top tier grad school for 1 or 2 more years. And start your career with a top tier MNC or law / accounting firm. I assure you this will be the best gift you can give yourself and your family.

Time is the most important consideration for me. If I could be as well off just with ACCA alone as without a law degree, I will not spend my time studying overseas. I will just go out and start working. But, I just hope I won't encounter any glass ceilings or discrimination because I didn't possess a degree and live to regret my decision I made in the past.

Unregistered 17-03-2011 07:27 PM

Quote:

Originally Posted by Accountant (Post 10273)
If i join the service, do you know how I will be classified as an ACCA trainee without work experience and as an ACCA member with experience?



Time is the most important consideration for me. If I could be as well off just with ACCA alone as without a law degree, I will not spend my time studying overseas. I will just go out and start working. But, I just hope I won't encounter any glass ceilings or discrimination because I didn't possess a degree and live to regret my decision I made in the past.

Without a degree, you will lose out by A LOT in the civil service, glass ceiling, low CEP, discrimination, you name it.

My sincere advice again: Don't join. Go overseas and study hard.

Good luck.

Accountant 17-03-2011 09:45 PM

Quote:

Originally Posted by Unregistered (Post 10274)
Without a degree, you will lose out by A LOT in the civil service, glass ceiling, low CEP, discrimination, you name it.

My sincere advice again: Don't join. Go overseas and study hard.

Good luck.

Point taken.

Unregistered 05-04-2011 02:01 PM

Yeah but Singapore is expensive really, a screwdriver costs US$ 7.50 in australia (which i thought was really expensive) but its S$ 18 for a tequila shot in Orchard towers !!! But to be fair, u guys got one kick ass casino which actually gives u money to party (i got lucky at a roulette table and made 900 on a 25 bet. :) but seriously wht r the prospects of a law graduate from another country who does a 1 yr course in S'pore ????

Unregistered 06-04-2011 12:35 PM

Quote:

Originally Posted by Unregistered (Post 10959)
Yeah but Singapore is expensive really, a screwdriver costs US$ 7.50 in australia (which i thought was really expensive) but its S$ 18 for a tequila shot in Orchard towers !!! But to be fair, u guys got one kick ass casino which actually gives u money to party (i got lucky at a roulette table and made 900 on a 25 bet. :) but seriously wht r the prospects of a law graduate from another country who does a 1 yr course in S'pore ????

Law grads make the highest starting pay. Check out Graduate Employment Survey 2010 (published 2011) | Salary.sg - Your Salary in Singapore

Unregistered 25-06-2011 01:05 AM

pay of civil servants
 
hi, does any one know what the pay of civil servant lawyers (specifically, within the legal service commission as dpps, ass. registrars or wtv) is? for scholars and for non-scholars? how much does this differ in the long run from my career trajectory in the private sector?

i was lucky to do well enough in a levels to be offered places in top uk unis (lse, ucl, cambridge etc.), and am thinking whether or not i should join the civil service or just come back and try for a job at the big firms..... obviously, i am considering other factors e.g. worklife balance, job satisfaction and security etc, but still a bit confused la. help will be very much appreciated =)

Unregistered 25-06-2011 01:06 AM

help pls?
 
Quote:

Originally Posted by Unregistered (Post 10274)
Without a degree, you will lose out by A LOT in the civil service, glass ceiling, low CEP, discrimination, you name it.

My sincere advice again: Don't join. Go overseas and study hard.

Good luck.

hi, do you know what the pay of civil servant lawyers (specifically, within the legal service commission as dpps, ass. registrars or wtv) is? for scholars and for non-scholars? how much does this differ in the long run from my career trajectory in the private sector?

i was lucky to do well enough in a levels to be offered places in top uk unis (lse, ucl, cambridge etc.), and am thinking whether or not i should join the civil service or just come back and try for a job at the big firms..... obviously, i am considering other factors e.g. worklife balance, job satisfaction and security etc, but still a bit confused la. help will be very much appreciated =)

HelloK 25-06-2011 02:43 PM

Quote:

Originally Posted by Accountant (Post 10263)
I have recently finished my national service and i'm currently contemplating on furthering my studies in the UK. I've received offers from recognized universities to read law there. My A level grades were above average but not good enough to enter the law faculties or courses related to the top professions.

I am also about to finish my ACCA qualification which i studied part time, I really like accounting but the general consensus in Singapore is that a degree is of paramount importance to secure a bright future. I am also keen on joining the civil service, this puts me in an even more difficult position as my divisional grading is determined by the qualifications I have.

The question is do erstwhile accountants perform well in the legal profession? Would law firms specializing in M&A, equity and trusts and Tax see a person possessing accounting knowledge in a brighter light? What other areas do accountants-turned-lawyers practice in? And is there any potential conflict of interests I should be aware of due to my dual capacity as accountant and lawyer? Your advice would be greatly appreciated! Thanks.

Hi! Have you decided on your path of career?

Well, I was not an A-Level student, only with a Diploma. I managed to get into a University in UK and gotten 2nd upper class LLB.

I think armed with an accountant background, your starting pay as compared to your peers would be higher. My ex colleague had some sort of a corporate background and he confessed that his starting pay at the law firm was higher than his peers, even though his corporate background was somewhat irrelevant to the type of law he was practising!

Unregistered 26-06-2011 04:32 PM

If you are willing to break the law, you will probably earn much more!

Accountant 27-06-2011 03:57 AM

Quote:

Originally Posted by HelloK (Post 13592)
Hi! Have you decided on your path of career?

Well, I was not an A-Level student, only with a Diploma. I managed to get into a University in UK and gotten 2nd upper class LLB.

I think armed with an accountant background, your starting pay as compared to your peers would be higher. My ex colleague had some sort of a corporate background and he confessed that his starting pay at the law firm was higher than his peers, even though his corporate background was somewhat irrelevant to the type of law he was practising!

HelloK

Its comforting to know that my accounting knowledge will not go to waste. I really do like tax, so I'm hoping to work in the legal department of IRAS after I graduate. If that option is not open to me, I'll probably would like to practice tax law at one of the law firms. I'm not intending to stay working in the government for life, because my long term goal is to form my own boutique accounting cum corporate law firm, offering audit, tax and legal services all at one place. But I'm not very sure of the legal implications if i do that so I'll work at IRAS first and see how it goes.

I've made up my mind on my university choice and I'll be going to the University of Leicester this September. TBH I'm feeling little anxious when I think of leaving my comfort zone here in Singapore. There's going to be a drastic change in lifestyle. I have to prepare all my own meals, I fear I might end up ordering lots of fast food in the end. Did you enjoy yourself while you were there?

Unregistered 01-07-2011 05:22 AM

Hi, in reading this thread i notice the word "rich" used quite often.

May I ask then is a 54 yr old GP with a net worth of 15 million sgd considered rich?

Unregistered 01-07-2011 08:58 AM

Quote:

Originally Posted by Unregistered (Post 13577)
hi, do you know what the pay of civil servant lawyers (specifically, within the legal service commission as dpps, ass. registrars or wtv) is? for scholars and for non-scholars? how much does this differ in the long run from my career trajectory in the private sector?

i was lucky to do well enough in a levels to be offered places in top uk unis (lse, ucl, cambridge etc.), and am thinking whether or not i should join the civil service or just come back and try for a job at the big firms..... obviously, i am considering other factors e.g. worklife balance, job satisfaction and security etc, but still a bit confused la. help will be very much appreciated =)

If you are planning to return to Singapore, then you should just take up a scholarship. Law is one of the few public service jobs where what you learnt in the first few years will be considered relevant so you can still move out into the private sector when your bond ends. If you get a second upper, your pay in the legal service will be comparable to your peers outside, at least up till your fourth or fifth year. This is partly because you will be drawing a full salary in your first year while they are still serving their training contracts; that first year gives you quite a cushion in terms of earnings. Obviously, once your friends starting making junior partner, they will outpace you, but you shouldn't lag too far behind, and if you leave the legal service when your bond ends, you can still catch up. I am not at liberty to reveal what starting salaries are, but I am sure if you speak to one of the legal service officers at one of these recruitment sessions, they would be happy to disclose that information discreetly.

Of course, if you want to keep your options open, then you will have to fork out a huge sum to go overseas and study, or alternatively, you can just study in NUS/SMU. The law firms don't care whether you have an Oxbridge degree or NUS/SMU degree as long as you did decently in law school. If you are aiming higher than that (international firms/London/NY), then it's a completely different story of course.

Unregistered 29-09-2011 09:11 AM

I am an American JD and would like to move and practice law in Singapore. From my understanding I can't sit on Singapore bar unless I attend school there. What type of degree would I need? Upon completion of that degree, would I be able to secure employment in Singapore? Is there any discrimination against white people, professionally or otherwise?

Unregistered 29-09-2011 12:59 PM

Quote:

Originally Posted by Unregistered (Post 16719)
I am an American JD and would like to move and practice law in Singapore. From my understanding I can't sit on Singapore bar unless I attend school there. What type of degree would I need? Upon completion of that degree, would I be able to secure employment in Singapore? Is there any discrimination against white people, professionally or otherwise?

Can't answer your other questions, but I can answer your last question. :)

"Is there discrimination against white people, professionally or otherwise?"

It depends on who you talk to and how you view it.

Generally, the government here discriminates against its own citizens in many respects, and has sing the "foreign talent" tune for more than a decade.

The term "foreign talent" itself connotes discrimination. Think about it.

Search our newspaper archives for evidence.

Newspapers

As for the public, white people often come across to them, as smarter, more articulate and better looking. Most of them have a penchant for all things western. They look down on their own kind.

Welcome to Singapore! You'll live like a king here.

Unregistered 29-09-2011 01:27 PM

The term "foreign talent" implies "local idiots". All locals here are idiots! Hahahahaha...

Unregistered 29-09-2011 06:39 PM

Quote:

Originally Posted by Unregistered (Post 16730)
Can't answer your other questions, but I can answer your last question. :)

"Is there discrimination against white people, professionally or otherwise?"

It depends on who you talk to and how you view it.

Generally, the government here discriminates against its own citizens in many respects, and has sing the "foreign talent" tune for more than a decade.

The term "foreign talent" itself connotes discrimination. Think about it.

Search our newspaper archives for evidence.

Newspapers

As for the public, white people often come across to them, as smarter, more articulate and better looking. Most of them have a penchant for all things western. They look down on their own kind.

Welcome to Singapore! You'll live like a king here.

I'm betting that the high-flyer ang moh who cracked the windscreen with his fist in that road rage incident will get off with just a slap on his wrist, or maybe even a simple settlement.

Man in road rage incident is high-ranking RBS exec

Wonder what would've happened if it were an uneducated ah beng doing the road rage.

There was also this pub incident which a few ang mohs caused grievous injury to some local guys. Court seems to be dragging its feet in this case...

Totally agree that government discriminates against locals. I wanna migrate to Australia and come back here as a "foreign talent"!

Unregistered 01-11-2011 07:46 PM

Quote:

Originally Posted by Unregistered (Post 16730)
Can't answer your other questions, but I can answer your last question. :)

"Is there discrimination against white people, professionally or otherwise?"

It depends on who you talk to and how you view it.

Generally, the government here discriminates against its own citizens in many respects, and has sing the "foreign talent" tune for more than a decade.

The term "foreign talent" itself connotes discrimination. Think about it.

Search our newspaper archives for evidence.

Newspapers

As for the public, white people often come across to them, as smarter, more articulate and better looking. Most of them have a penchant for all things western. They look down on their own kind.

Welcome to Singapore! You'll live like a king here.

There is reverse discrimination in Singapore. That is, the discrimination is against citizens!

In fact, the Singapore government has just acknowledged it and the front page (no less) of today's national papers reads:

"the Government has sent a strong signal to employers that Singapore will not stand for foreign managers who hire and promote their own kind, at the expense of qualified local candidates."

The government used to say "foreigners create jobs for Singaporeans" and now it's singing a totally opposite tune. It means the discrimination must be very serious indeed.

Moreover, it's quite a shameful thing to admit that there's reverse discrimination in Singapore - which is unheard of in other developed countries. It says much about how the government, the civil service, the unions and all related agencies have been so overly pro-foreigners in the past.

Today, we become the laughing stock of the world.

ImageShack® - Online Photo and Video Hosting

Unregistered 01-11-2011 07:50 PM

http://img846.imageshack.us/img846/9...raitstimes.jpg

Hermit 02-11-2011 03:01 PM

Quote:

Originally Posted by Unregistered (Post 13781)
Hi, in reading this thread i notice the word "rich" used quite often.

May I ask then is a 54 yr old GP with a net worth of 15 million sgd considered rich?

Dr GP. I am sure you know 15M net worth is considered rich by the man on the street. :)

Unregistered 02-11-2011 06:39 PM

Quote:

Originally Posted by Unregistered (Post 17702)
There is reverse discrimination in Singapore. That is, the discrimination is against citizens!

In fact, the Singapore government has just acknowledged it and the front page (no less) of today's national papers reads:

"the Government has sent a strong signal to employers that Singapore will not stand for foreign managers who hire and promote their own kind, at the expense of qualified local candidates."

The government used to say "foreigners create jobs for Singaporeans" and now it's singing a totally opposite tune. It means the discrimination must be very serious indeed.

Moreover, it's quite a shameful thing to admit that there's reverse discrimination in Singapore - which is unheard of in other developed countries. It says much about how the government, the civil service, the unions and all related agencies have been so overly pro-foreigners in the past.

Today, we become the laughing stock of the world.

ImageShack® - Online Photo and Video Hosting

You mean the following headline? :
http://i43.tinypic.com/10x4hur.jpg

Unregistered 03-02-2012 12:32 AM

All you guys wronging!!!

You all no talking many many...The relli rich are the academy/institute..Haha

MAI Sue me hor!!!!

Unregistered 29-03-2012 05:39 PM

Let me bring life to this old thread by giving some real world data.

I am in my 6th year of this profession, just been made a salaried junior partner in a medium sized local firm. Average pay is about 10k a month not including bonuses, and there is no CPF (apparently partners are considered self-employed).

My boss doesn't own my soul, but my hours are erratic, on occasion working 12-16 hours a day (not always).

I am sure that my peers in bigger firms are earning 1.5 times more, but they are also probably working longer hours.

Unregistered 29-03-2012 07:05 PM

Quote:

Originally Posted by Unregistered (Post 23052)
Let me bring life to this old thread by giving some real world data.

I am in my 6th year of this profession, just been made a salaried junior partner in a medium sized local firm. Average pay is about 10k a month not including bonuses, and there is no CPF (apparently partners are considered self-employed).

My boss doesn't own my soul, but my hours are erratic, on occasion working 12-16 hours a day (not always).

I am sure that my peers in bigger firms are earning 1.5 times more, but they are also probably working longer hours.

Thanks for the realistic and honest sharing. In my opinion, if u are not given employer's cpf, then your "actual" salary shld be computed as 85% of 10k when compared to other salaried employees across industries since most ppl are given 15% employer's cpf.

Nevertheless, if this is the 6th year of work since graduation from uni, it's still a great salary!

Unregistered 29-03-2012 07:54 PM

Quote:

Originally Posted by Unregistered (Post 23059)
Thanks for the realistic and honest sharing. In my opinion, if u are not given employer's cpf, then your "actual" salary shld be computed as 85% of 10k when compared to other salaried employees across industries since most ppl are given 15% employer's cpf.

Nevertheless, if this is the 6th year of work since graduation from uni, it's still a great salary!

CPF contribution is capped at 5k, so it's more like 92.5% of 10k.

Unregistered 01-04-2012 11:00 AM

Quote:

Originally Posted by Unregistered (Post 23052)
Let me bring life to this old thread by giving some real world data.

I am in my 6th year of this profession, just been made a salaried junior partner in a medium sized local firm. Average pay is about 10k a month not including bonuses, and there is no CPF (apparently partners are considered self-employed).

My boss doesn't own my soul, but my hours are erratic, on occasion working 12-16 hours a day (not always).

I am sure that my peers in bigger firms are earning 1.5 times more, but they are also probably working longer hours.

Linklaters partner = 35k a month, bonus 2years

Unregistered 05-04-2012 10:59 PM

Quote:

Originally Posted by Unregistered (Post 23141)
Linklaters partner = 35k a month, bonus 2years

This is interesting. 35k a month nett excluding bonuses? What are your hours like and how many years experience do you have?

Unregistered 24-04-2012 02:37 AM

associates' salaries today
 
can anyone shed light on how much a fresh grad can expect to be paid now? what is the monthly salary and the average number of months of bonus? and also what are the rates for the big 4, versus the mid-tier firms, and finally the small/third-tier firms?

Unregistered 26-04-2012 05:26 AM

bump for replies. interesting thread

Unregistered 29-04-2012 10:55 AM

Quote:

Originally Posted by Unregistered (Post 24162)
can anyone shed light on how much a fresh grad can expect to be paid now? what is the monthly salary and the average number of months of bonus? and also what are the rates for the big 4, versus the mid-tier firms, and finally the small/third-tier firms?

big 4 should be about 5k, median bonus about 2-3 mths

some mid tiers can match the big 4, i would expect median to be 4.5k with similar range of bonus

for small firms, median should be 4k, with similar range of bonus

disclosure: i have only worked in big 4 so my info on mid and small are educated guesses, pls feel free to correct

Unregistered 30-04-2012 06:09 PM

do those in the legal service go through part A/B exams like everyone else?


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