Lawyer Salary

Originally Posted by Unregistered

she quite angmoh pai one.

ok lets get to the law stuff. do i owe her anything if i have sex with her, like after taking her out to dinner. WC is for married man and woman only right. we not gf/bf, not even officially dating.

will she have a lien or constructive trust on my stuff lol. dont even talk about garnish my trainee pay that one i know not happening.

actually i better not lah. this girl her law quite upz one, she will know more than me or u guys combined.

how all of u pass exam, nvr answer the freaking qn. 2 things if u want to avoid all that rubbish:

1 - dun shoot inside her. got baby alr hoseh liao, ur 1500/mth like tt gone case. btw if ur reading this and doing tc for free ur even more of a retard than this goondu

2 - dun film it. i know all of u gen z like to do homemade la whatsapp la instagram story la - dun do it. ur part b tio 8 distinction also useless, who will hire u.

tldr - can piak her but make sure the jelly on her belly not inside it and also dont do a bellywellyjelly.

Originally Posted by Unregistered

she quite angmoh pai one.

ok lets get to the law stuff. do i owe her anything if i have sex with her, like after taking her out to dinner. WC is for married man and woman only right. we not gf/bf, not even officially dating.

will she have a lien or constructive trust on my stuff lol. dont even talk about garnish my trainee pay that one i know not happening.

actually i better not lah. this girl her law quite upz one, she will know more than me or u guys combined.

You confirm not lawyer lah how come WC so simple but dunno how to ownself read. Secretary today so eng ah?

Originally Posted by Unregistered

You confirm not lawyer lah how come WC so simple but dunno how to ownself read. Secretary today so eng ah?

Aiyah it’s good la. Sleep around a bit

s://.straitstimes.com/singapore/cut-pay-for-ministers-spore-will-pay-price-esm-goh
"Edwin Tong, a lawyer, took a 75 per cent pay cut when he became a senior minister of state on July 1. Mr Tong previously earned more than $2 million a year as senior counsel and now makes about $500,000..."

As a local law student, its stories like this that inspire me through my darkest mugging days. May I ask the hive mind here what area of law did Edwin Tong go into to make his 2 mil annual package?

No wonder you are a lawyer to be and not a mathematician

$2m is not a lot for the top in the industry or any industry for the matter, you know?

For the hours and the work,$2m is actually quite little.

You should go and search other industries top earners.

But if you are doing law for the money, I suggest you quit now because you will be extremely miserable.

Originally Posted by Unregistered

No wonder you are a lawyer to be and not a mathematician

$2m is not a lot for the top in the industry or any industry for the matter, you know?

For the hours and the work,$2m is actually quite little.

You should go and search other industries top earners.

But if you are doing law for the money, I suggest you quit now because you will be extremely miserable.

They only announced Edwin Tong's last year's total renumeration after his payout from the high profile City Harvest litigation case.

It may also be the final accrued payout from a few years of work on the case or even the stipulated gratuity/profit sharing portion in his contract from his law firm after "x" years of service.

Originally Posted by Unregistered

They only announced Edwin Tong's last year's total renumeration after his payout from the high profile City Harvest litigation case.

It may also be the final accrued payout from a few years of work on the case or even the stipulated gratuity/profit sharing portion in his contract from his law firm after "x" years of service.

Edwin Tong was joint head of Litigation in A&G. $2 mil is actually somewhat low considering his portfolio.

I think the point to be made is if you want to be rich dont be a lawyer. Be a business owner or a top tier banker/investment or PE manager.

Being a lawyer is to trade the highest earning potential for stability and slow and steady growth in income over the years in tandem with your professional experience.

It is a profession which provides a gateway to a middle to slightly-upper-middle class income at relatively low barriers to entry. All you need is to get into NUS / SMU (or buy your way into a 2nd or 3rd tier overseas law school if your grades can't make it). Compared to finance where only the 5% of outstanding new business graduates make it to prestigious roles in banking and the top 5% of them have prestigious exit options into PE or IM.

Originally Posted by Unregistered

I’m not quite sure I agree. I’d compare CC SG to CC London and Milbank SG to Milbank London. Milbank SG pays full Cravath. The disparity between Milbank SG and Milbank London is even wider due to the higher tax bracket.

When you compare apples with apples at the associate level, a home grown singaporean will always find Singapore offices of MCs and US firms more attractive than London. I personally did the math when approached by a recruiter for a London MC role, and it made zero financial sense to move. The additional tax and expenses in London alone would have left me over S$70,000 poorer per annum. Naturally I chose to stay.

Things become very different at the partner level though. London has far more volume, and far more high value headline transactions which generate huge revenues. Recovery in London is generally higher too - Asian clients tend to skimp and bargain on fees, and refuse to pay reasonable uplifts even when fee assumptions are breached. The recovery ratios in Singapore are atrociously bad, which affects profitability. On the whole, SG partners almost invariably earn less than London partners of the same seniority, even after factoring the effects of higher tax rates.

And I wonder what was this guy offered in SG, mid-sized firm no less...

s://.cnplaw.com/member/bill-jamieson/

Anyone have any opinions on training and retention at Straits Law Practice or Tan Kok Kuan Partnership?