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  #21211 (permalink)  
Old 07-05-2024, 11:46 AM
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Freshfields NQ £150k now

When Big4 increase NQ to 150k SGD?
This kind of question is damn ****ing stupid. Big 4 will raise salaries to match magic circle when SG economy is the same as the UK. Short answer and oversimplification.

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  #21212 (permalink)  
Old 07-05-2024, 04:11 PM
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This kind of question is damn ****ing stupid. Big 4 will raise salaries to match magic circle when SG economy is the same as the UK. Short answer and oversimplification.
Well - businesses, law firms and even the financial presses' HQs are all moving from Hong Kong to Singapore, so this should have a significant impact on our economy

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  #21213 (permalink)  
Old 07-05-2024, 04:12 PM
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Well - businesses, law firms and even the financial presses' HQs are all moving from Hong Kong to Singapore, so this should have a significant impact on our economy
APAC/SEA HQs*

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  #21214 (permalink)  
Old 07-05-2024, 06:55 PM
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I suppose one thing to clarify here is that making “partner” in a local firm is quite different from that in international firms. Junior partners in local firms (especially those who are freshly minted) are more akin to counsel level folks in international firms - probably in skill, and responsibility.

You’re right in that Singapore litigation is a protected practice area. Barriers to competition do make it easier for local practitioners to practice their craft, but bear in mind that Singapore is a ****ing small market. International firms can target international clients. Granted that a bigger pond doesn’t necessarily mean easier pickings (vice versa), so I’m not sure whether book building in a Singapore focused litigation practice is a lot easier. Also bear in mind that some international firms have Singapore qualified arms (I’m looking at you CC and BM…), so competition can get fierce.
Pls la. Everybody makes “salary” (non-equity; i.e., just title only/glorified associate slave) in local law firm after 7/8 years - it’s tough to get there, but it’s no longer the coveted position cos one still need to suck actual “equity” partners’ kok until he/she dies then can maaaaybe promote someday when sperms die/eggs run out.

Intl US law firm pays US$225,000 a year before bonus - that is a salary even a junior salary partner can only dream of…
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  #21215 (permalink)  
Old 07-05-2024, 07:40 PM
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This kind of question is damn ****ing stupid. Big 4 will raise salaries to match magic circle when SG economy is the same as the UK. Short answer and oversimplification.
Stupid is u falling for an obvious low effort troll post
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  #21216 (permalink)  
Old 08-05-2024, 03:45 AM
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Stupid is u falling for an obvious low effort troll post
Ya **** I kena baited sia
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  #21217 (permalink)  
Old 08-05-2024, 01:30 PM
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Hi fellow kind Sinkies,

Genuine die-lemma: should I choose to join (i) a local Big 4 law firm as senior associate (paid less and work harder/sleep less (therefore likely to burn out), but can become PARTNER) or (ii) an international law firm (paid more and work less/sleep more, but very hard to become partner)?

To give context, pay is $15k+/month at local and $20k+/month at intl, which seems marginal now, but at intl it can go up to $30-40k+/month.

Thanks u
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  #21218 (permalink)  
Old 08-05-2024, 05:59 PM
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Hi fellow kind Sinkies,

Genuine die-lemma: should I choose to join (i) a local Big 4 law firm as senior associate (paid less and work harder/sleep less (therefore likely to burn out), but can become PARTNER) or (ii) an international law firm (paid more and work less/sleep more, but very hard to become partner)?

To give context, pay is $15k+/month at local and $20k+/month at intl, which seems marginal now, but at intl it can go up to $30-40k+/month.

Thanks u
wake up and stick to slogging it out drafting wills at your chinatown law firm la
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  #21219 (permalink)  
Old 08-05-2024, 06:27 PM
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wake up and stick to slogging it out drafting wills at your chinatown law firm la
Aiyo why this dumbo sound so bitter??? Must be failure local grad/law firm.
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  #21220 (permalink)  
Old 08-05-2024, 09:49 PM
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Hi fellow kind Sinkies,

Genuine die-lemma: should I choose to join (i) a local Big 4 law firm as senior associate (paid less and work harder/sleep less (therefore likely to burn out), but can become PARTNER) or (ii) an international law firm (paid more and work less/sleep more, but very hard to become partner)?

To give context, pay is $15k+/month at local and $20k+/month at intl, which seems marginal now, but at intl it can go up to $30-40k+/month.

Thanks u
Work less and sleep more at the intl firm? The higher salary doesn't come for free you know
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