Lawyer Salary

Originally Posted by Unregistered

As far as the PTC goes it's probably not surprising if the pay stays the same for all 12 months without any external nudge from Lawsoc etc.

Actually the purpose of that document is to inform how they gonna structure the 1 year TC and what actually are the requirements to complete right? Not implying that they are gonna do it anyways, but why would they address pay there?

Originally Posted by Unregistered

Actually the purpose of that document is to inform how they gonna structure the 1 year TC and what actually are the requirements to complete right? Not implying that they are gonna do it anyways, but why would they address pay there?

Well, they also addressed leave (up to 18 days apparently), period TC must be completed by (12 months TC within 18 months), standard of training (all the guidance on the seats, etc.) which are all part of the original concerns

Pay is one of the fundamental concerns here (as was leave). Why don't they address this?

Instead, they go and propose something literally no one asked for: a moratorium for TC offers to law students (which they say isn't even something that law firms need to abide by lmao)

Originally Posted by Unregistered

Well, they also addressed leave (up to 18 days apparently), period TC must be completed by (12 months TC within 18 months), standard of training (all the guidance on the seats, etc.) which are all part of the original concerns

Pay is one of the fundamental concerns here (as was leave). Why don't they address this?

Instead, they go and propose something literally no one asked for: a moratorium for TC offers to law students (which they say isn't even something that law firms need to abide by lmao)

This fixation on a moratorium, which serves very little purpose and for unconvincing reasons (I read the CPTL recommendation report), is an artefact of the student-initiated "gentlemen's agreement" (read: unenforceable) moratorium that they used to implement in NUS and SMU law schools. Which, by the way, OSU grads never had to honour. Laojiaos will know about this.

Somehow this concept got indoctrinated into the minds of lawyers and the legal industry in general, and has now found its way into the CPTL's recommendation.

Knowing the pushback from industry players, it's much harder to advocate for effective measures on substantive changes that actually matter, like pay. Instead, it's easier to fixate on other trivial measures like moratorium which don't actually help.

what percentage of defamation suits eventually reach the court in this day and age where everyone sues each other for defamation

Originally Posted by Unregistered

bro no one is contesting your claim that you can get valuable experience with an in house role. We are just saying that it wont be as much or as valuable as working in private firms, especially in your first few years after getting called.

In case you do not know this already, the law industry is very competitive. Having the brains alone is not enough. Having the connections alone is not enough either. You need to have both in order to survive (not even thrive). If you are so set on doing an internship (in house role) then so be it. But be prepared to struggle when you do go into PP when your peers do not need to be handheld by SCs whilst you are still struggling to figure out how do things.

Just an opinion from me, someone who would not bother giving ******** advice and would rather be blunt and straightforward so a junior's career is not ****ed. You can do whatever you want its your life your career your choice.

This was everything I wanted to say lol
Thanks for typing this out to OP
So case closed yeah? Just go for your in-house gig at the outset and get that special exp
The rest of the trainees to be, just focus on your TC and get your 1-2 PQE minimally

Originally Posted by Unregistered

what percentage of defamation suits eventually reach the court in this day and age where everyone sues each other for defamation

1000 percent

what are the benefits of doing a masters @ harvard/bcl @ oxford?

Originally Posted by Unregistered

any big 4 JPs here can share what your compensation package is like? How much is base? How much is variable?

Big 4 JP here - made JP last year. Monthly take home around 25k+

Originally Posted by Unregistered

Big 4 JP here - made JP last year. Monthly take home around 25k+

I call BS on this. Ours last year was 17k - 18k+. Slight variations across the other big4s. 25k is so wildly off…cool story bro.

Originally Posted by Unregistered

I call BS on this. Ours last year was 17k - 18k+. Slight variations across the other big4s. 25k is so wildly off…cool story bro.

Sorry 25k/mo includes bonus so total comp for the year was close to 300k. I assume yours is similar?