Lawyer Salary

Originally Posted by Unregistered

How will alternate E and W TCs frm reed smith, simmons, NRF fare in comparison to a A and G M and A TC?

Been looking at this question for a while. I don't get it.

You have to do the 1-year conversion, then 2 year E&W course, then finally start as a trainee in a 2-year programme.

When you finish everything, 5 years have gone by. Then when you are NQ - your peers are already 3-4 PQE in local big 4. Furthermore, its 3-4 PQE in their specialised field, i.e., M&A, Banking, ECM, etc. But you have done 4 stints in four 6-month blocks, and not exactly specialised. Then your 3-4 PQE friend laterals in, higher rank than you.

right...?

Originally Posted by Unregistered

Are you sure NRF really offers E&W tcs?

Likely since it's on the government's job portal

It’s 1-year conversion and then 2 years E&W trainee. At the end of these 3 years, you will be an E&W NQ associate.

Some other considerations, taking CC as an example since their info is public:

1. SG lawyers normally take a 2PQE haircut when they join UK firms.

2. Some UK firms such as CC don’t require a 1 year conversion programme. You qualify in SG in your 1st year and apply for E&W qualification in your 2nd year.

3. No point fixating on PQE in the long run. PQE is only a benchmark for pay and expertise in your early years (first decade in practice, at most).

Pay: the MC firms pay their E&W NQs what the Big 4 pay their SG 6 or 7 year PQEs, so go figure. Even as a trainee, CC pays 10K in your 1st year and 11K in your 2nd year.

Expertise: how good you are in the long run depends on you. You have a lifetime of building up your practice, what’s the rush? ‘More’ PQE at a faster rate as an SG associate means you’ll be assessed for partnership with less experience.

4. Exit opportunities are better. Easier to jump ship to another international firm or a cushy MNC in house position if your starting position was already in an international firm. Brand name counts.

5. How many SG NQs knew what kind of practice suited them in their 2nd or 3rd year of university? Having the time to experiment and pick a practice after 4 seats makes a world of difference.

Originally Posted by Unregistered

Are you sure NRF really offers E&W tcs?

can confirm that they do offer a dual Sg/E&W TC

Originally Posted by Unregistered

Been looking at this question for a while. I don't get it.

You have to do the 1-year conversion, then 2 year E&W course, then finally start as a trainee in a 2-year programme.

When you finish everything, 5 years have gone by. Then when you are NQ - your peers are already 3-4 PQE in local big 4. Furthermore, its 3-4 PQE in their specialised field, i.e., M&A, Banking, ECM, etc. But you have done 4 stints in four 6-month blocks, and not exactly specialised. Then your 3-4 PQE friend laterals in, higher rank than you.

right...?

It would be about 3 years to qualify, not 5 - 1 year SQE course and then 2 year E&W TC. As far as I know they don't make local grads do the conversion course.

But I take your point, it seems to make more sense for UK grads. For UK grads the path to qualifying in Sg is anyways ~2.5 years (RLT, Part A, Part B, 1 year TC) so ~3 years to qualify in E&W isn't that much of a difference.

Originally Posted by Unregistered

Been looking at this question for a while. I don't get it.

You have to do the 1-year conversion, then 2 year E&W course, then finally start as a trainee in a 2-year programme.

When you finish everything, 5 years have gone by. Then when you are NQ - your peers are already 3-4 PQE in local big 4. Furthermore, its 3-4 PQE in their specialised field, i.e., M&A, Banking, ECM, etc. But you have done 4 stints in four 6-month blocks, and not exactly specialised. Then your 3-4 PQE friend laterals in, higher rank than you.

right...?

still that easy to lateral? Anyone from FSD, B and F can share on the lateralling scene these days?

Originally Posted by Unregistered

It would be about 3 years to qualify, not 5 - 1 year SQE course and then 2 year E&W TC. As far as I know they don't make local grads do the conversion course.

But I take your point, it seems to make more sense for UK grads. For UK grads the path to qualifying in Sg is anyways ~2.5 years (RLT, Part A, Part B, 1 year TC) so ~3 years to qualify in E&W isn't that much of a difference.

I thought it's 1 year PGDL then 1.5 years of SQE (SQE 1 and 2), then 2 years of training.

Originally Posted by Unregistered

I thought it's 1 year PGDL then 1.5 years of SQE (SQE 1 and 2), then 2 years of training.

PGDL is only for non-LLB students.

SQE is usually only 1 year, and that is on the higher end (City Consortium course). So in total it is 3 years unless you are a non-LLB student, in which case it will be 4.

SILE should just continue to delist more universities from the UK list.

Notts, Birmingham, Warwick, Queen Mary, Bristol.,. Shitty unis that should be removed.

All Aussie and NZ unis should also be scrapped, with the exception of Melb/UNSW.