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  #20221 (permalink)  
Old 28-09-2023, 05:44 PM
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It’s not practical to look at the lavish lifestyle of old-timer law partners from small sized firms, because they had it better in their early days.

For context, in the 1990s, it’s possible to get a CCR condo for under $500,000 and a reasonably sized landed property (semi-d) for just above a million dollars.

My father for example, was able to amass over 5 condo properties during the time period of 1980-2000. He’s not a lawyer.. just a civil servant at SingTel (Electrical Engineer).

During that era, ABSD were non-existent and cost of living is significantly lower.

These days, even if you are a lawyer, you will have trouble affording a mature estate 5 room HDB flat, not to mention a private condo or landed property

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  #20222 (permalink)  
Old 28-09-2023, 07:55 PM
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Law owns medicine and CS in the long run.
More prestigious
More career options
Long term pay better

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  #20223 (permalink)  
Old 28-09-2023, 10:06 PM
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Wow CC is laying off people from capital market. I hear disputes will follow. Bad time?

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  #20224 (permalink)  
Old 28-09-2023, 10:16 PM
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Wow CC is laying off people from capital market. I hear disputes will follow. Bad time?
POFMA your lan jiao
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  #20225 (permalink)  
Old 28-09-2023, 11:41 PM
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Hi friends

What are your thoughts on taking on professional support lawyer roles in firms? Say in an international firm. No billing requirements, hours good, lower stress.

Assuming one knows that they do not want to be a partner and stay in practice, and maybe end destination is inhouse or government / civil service.

Do you think a PSL role is a good midway point?
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  #20226 (permalink)  
Old 29-09-2023, 01:27 AM
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Drew duh. Just because a firm is an "international firm" doesn't mean it is good. There are plenty of international firms that are far less well regarded than B4.

The top international firm arbitration teams will happily recruit lateral associates from B4 (though it depends on the specific partner you work for also). They are unlikely to even shortlist candidates from a place like two birds.
Besides CC what other international firms would be considered up there?
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  #20227 (permalink)  
Old 29-09-2023, 12:01 PM
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Besides CC what other international firms would be considered up there?

CC, Baker, Milbank ?
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  #20228 (permalink)  
Old 29-09-2023, 03:40 PM
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CC, Baker, Milbank ?
I see what you did there….
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  #20229 (permalink)  
Old 29-09-2023, 04:39 PM
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CC, Baker, Milbank ?
Sir Allen, Sir Glenhill, Sir Napier, Sir Drew
Fall in now
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  #20230 (permalink)  
Old 29-09-2023, 07:23 PM
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Hi friends

What are your thoughts on taking on professional support lawyer roles in firms? Say in an international firm. No billing requirements, hours good, lower stress.

Assuming one knows that they do not want to be a partner and stay in practice, and maybe end destination is inhouse or government / civil service.

Do you think a PSL role is a good midway point?
Sounds like a technical / salaried partner role though - Why are you looking at this
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