Lawyer Salary

Originally Posted by Unregistered

Actually do they pay well over long term? Am hoping to spend more time with family and wife

It really depends (obviously) how you define “pay well”. Over long term, and as the age factor creeps in, stability of a lower pay check may prevail over a higher pay role that will be at risk once you can’t bill enough or there is a cheaper competitor that performs as well.

As barriers to entry to set up one’s own firm is arguably low, question is whether you can generate your own pool of clients or require your firm to feed you. Some firms generate new clients through advertising budget, some have their own niche pool within the community.

If you’re going into small firm, best if you are a generalist so you can then join a full services firm and take on whatever case comes your way. I won’t advise certain sectors where the pie is already shrinking and doesn’t pay that well in the first place, or where it is not easy to detach from your client after the end of a long day. Haha. Leave you to find your own sweet spot!

Originally Posted by Unregistered

Actually do they pay well over long term? Am hoping to spend more time with family and wife

To add.. it’s my personal view that because some of these firms may not be able to retain “talent” (loosely defined) that well, the route for average folks to “partner” track or to “head” a practice is much easier. Just have a browse at the representative cases of young equity partners in some of these firms and make your own judgment.

Can we go back to the purpose of this forum which is to share about legal practice salaries?

What are the indicative salaries one can expect for NQ - 7PQE at Big 4, mid tier and boutique/Chinatown firms?

Originally Posted by Unregistered

Can we go back to the purpose of this forum which is to share about legal practice salaries?

What are the indicative salaries one can expect for NQ - 7PQE at Big 4, mid tier and boutique/Chinatown firms?

Can’t be bothered to scroll back a few pages eh

Originally Posted by Unregistered

Can’t be bothered to scroll back a few pages eh

I also say. Let me help. For NQ, the latest discussion started from page 2117. But really, this topic comes up so often one would think it’s common knowledge by now, insofar as big 4 is concerned.

For medium and boutique/chinatown, it really depends on how much you can bring in for the firm and consequently, the speed of promotion. I say it depends because for big 4, I am under the impression it is a pretty settled timescale from associate, senior associate, then from there see whether you can maintain your billings to make it to partner or …

For smaller firms, less competition, with a few good cases to get your bosses attention, you may be a big fish in a smaller pond

Originally Posted by Unregistered

Agree. I know of a former PA (personal assistant doing clerical work) who managed to make it into SUSS law, now graduated and back to the same organization but doing legal work. Estimated pay 5-6k but can only steadily increase over the years.

Well if those bosses you have worked for are willing to support and position you, and you yourself manage to do well given the opportunity to ‘upgrade’, who’s anyone to label schools as second or third class? Heh heh heh

Candice of Lee & Lee?

Originally Posted by Unregistered

Candice of Lee & Lee?

No.

In any case, think we should refrain from naming or otherwise identifying specific individuals on this forum so as not to tio defamation allegations (however commonly it may be done on verbal basis in practice).

CC to £150k

Originally Posted by Unregistered

No.

In any case, think we should refrain from naming or otherwise identifying specific individuals on this forum so as not to tio defamation allegations (however commonly it may be done on verbal basis in practice).

Confirm is Candice of Lee & Lee. Otherwise why so defensive?

Where is the defamation ah?

You husband ah? The inhouse fella ex Lee & Lee who dated her there.

no proper background, she can become lawyer from admin?

what she do?