Lawyer Salary

Originally Posted by Unregistered

dont recommend doing liti because it leaves you with fewer options (less likely to land an intl firm role for $$ and less likely to get cushy inhouse roles). anyway, oon pays the most iirc. cnp and harry e not good for liti. tkqp depends on the partner but be prepared to suffer either way

Don’t recommend doing law at all. Do CS instead. You start off with a higher starting salary and have an actual marketable skill. Law is getting saturated day by day, and retention rates will likely fall with the introduction of a harder part B exam and a longer legal training period.

Originally Posted by Unregistered

Don’t recommend doing law at all. Do CS instead. You start off with a higher starting salary and have an actual marketable skill. Law is getting saturated day by day, and retention rates will likely fall with the introduction of a harder part B exam and a longer legal training period.

Agreed! Actually it’s very simple.. it’s either you choose stability or high risk high reward… if you are the kind of guy who plays traditional late game hard carry mode like Medusa/AM in Dota 2, go for Medicine. If you are the kind guy who picks snowballing carries like Slark, Storm… go for CS/BBA.

Law offers neither stability nor fast rewards… it’s like picking a noob picking a nuker wannabe hero like Necrophos.

Originally Posted by Unregistered

Don’t recommend doing law at all. Do CS instead. You start off with a higher starting salary and have an actual marketable skill. Law is getting saturated day by day, and retention rates will likely fall with the introduction of a harder part B exam and a longer legal training period.

Debatable. there's a lot of negative sentiments on cs now. I think the golden period for cs is over. The golden goose was 2015 to 2020.

If you're a student entering cs in 2020-2022 because you were sucked in by the high GES and FAANG stories, you're in for a hard slog. When popular sentiment says that X is good to go into or Y is good to invest in, that's usually when you're already late to the game.

There are lots of so-called FAANG calibre recently retrenched people looking for jobs. The non-FAANG calibre people lagi worse.

If you look at the longer term trajectory, the undeniable fact is that those salaries and large amt of roles were unsustainable to begin with. The medium term natural outlook for this sector is really to offshore most dev jobs to cheaper SEA economies. For the low tier coding jobs, to countries like India or PH.

There's no large Machine learning or data science market to speak of here, because Singapore is more business HQ than product innovation hub.

Only product management and other management track roles will remain in Singapore, and will continue to be well paid, but how many of those roles do tech companies really need?

If you're not confident of landing a bay area job, the notion that CS allows you to waltz into good outcomes with little effort is a rapidly diminishing reality. Only non-tech people looking in from the outside think it remains as good as it was in 2019.

I got an offer from LVM chambers but I am a bit nervous. I have heard that the joint managing partner has a habit of being overly friendly to female associates.

Anyone got any feedback? I am a female 3 year pqe by the way.

Originally Posted by Unregistered

Why are people still comparing law vs med? This is so passe à la the 2000s or early 2010s.

The world has moved on people. Nobody drops to the floor and prostrates themselves at either doctors or lawyers any longer. So, please get over yourselves.

When I qualified for NUS law in the late 00s early 2010s, I thought that it was a great achievement.

Now all that me and my wife hope for is to quickly redeem our condo mortgage, upgrade to a landed property, hope our kid doesn't f**k it up and at least qualifies for a university, and retire as soon as we can.

You guys can keep arguing with yourselves over which line of work is more prestigious.

I hope your wife is a lawyer too
Together 500k annual income, you can afford a 5million terrace

Plus the profit from your condo, you probably can get a 6-7mil ocr semi-d

If your wife isnt high earning will be difficult for you to upgrade to landed
I believe the best time to buy property is yesterday
As sg land prices will increases everyday

If you dont make the jump to terrace today, it will be increasingly harder

Originally Posted by Unregistered

No, I fully agree with you. But, when you say that you are looking to upgrade to a landed property, do you mean it as a lofty ambition, or is it happening as we speak? It's a big difference, because a landed home is going to cost at least $5.5M. Unless, you are looking at the fringes of Singapore, or some leasehold landed home, then I have no further comments.

Ocr freehold inter-terrace is still possible if he acts fast enough
Can get decent ocr like liveable new at 4.5

There r 3-3.5mil kind but he would need to spend 1-1.5mil to do significant a&a/rebuild
Without budget of min 4.5,i wouldnt go into this property segment

Originally Posted by Unregistered

dont recommend doing liti because it leaves you with fewer options (less likely to land an intl firm role for $$ and less likely to get cushy inhouse roles). anyway, oon pays the most iirc. cnp and harry e not good for liti. tkqp depends on the partner but be prepared to suffer either way

isn't harry e good for fam law? do u know if its good for corp

wdym tkqp depends on partner?

the latest info on pay was in 2021, was wondering if its the same for present?

would it be right to say

for the trainees doing 1 year TC,
big 4: 2.5-3k
mid-size: 1.5-2k

for associates,
big 4: 7k (NQ)
mid-size:6-6.5k (NQ)

what are the increments like?

Originally Posted by Unregistered

No, I fully agree with you. But, when you say that you are looking to upgrade to a landed property, do you mean it as a lofty ambition, or is it happening as we speak? It's a big difference, because a landed home is going to cost at least $5.5M. Unless, you are looking at the fringes of Singapore, or some leasehold landed home, then I have no further comments.

Singaporean really defines the term money cannot buy class sia. Sinkie pwn sinkie mentality.

Two high income earners, holding a 3-4mil property as asset. Fella still can nicpick until like this… and have “no further comments”… little wonder whole country so depressed.

Originally Posted by Unregistered

Singaporean really defines the term money cannot buy class sia. Sinkie pwn sinkie mentality.

Two high income earners, holding a 3-4mil property as asset. Fella still can nicpick until like this… and have “no further comments”… little wonder whole country so depressed.

You chose the wrong profession if you want to be rich. Too many money-faced lawyers chasing the big bucks in corp etc.., hardly anyone doing noble work in pro-bono or legal aid bureau.

When too many people chase the same goal, what happens? Saturation. Better choose medicine. You can be one of those minority money-faced doctors doing aesthetic treatments. Where bulk of your colleagues are engaged in noble work like clinical research and public service in MOHH.