Salary.sg Forums

Salary.sg Forums (https://forums.salary.sg/)
-   Income and Jobs (https://forums.salary.sg/income-jobs/)
-   -   Lawyer Salary (https://forums.salary.sg/income-jobs/771-lawyer-salary.html)

Unregistered 29-10-2021 06:57 PM

After A&G pay raise, any other big 4s following suit?

Unregistered 29-10-2021 07:12 PM

Quote:

Originally Posted by Unregistered (Post 188439)
After A&G pay raise, any other big 4s following suit?

To be honest, even with the raise, b4 salary is still 1/3-1/2 of international firms. Its a joke

Unregistered 29-10-2021 07:23 PM

Quote:

Originally Posted by Unregistered (Post 188389)
Despite much derision from this group I have a KCL FCH. The rest of the legal world doesn't even know what NUS or SMU stand for.

Maybe he means Kerala College of Legalese of the Hon'ble Sarkar

Unregistered 29-10-2021 08:37 PM

Quote:

Originally Posted by Unregistered (Post 188415)
I was the one who wrote the long post criticizing the 21k salary OP (I have also asked around and there was no such KCL FCH from a B4 financing team).

I didn't do it out of bitterness. I am a big fan of people openly sharing and helping each other with tips on how to survive and navigate shitty bosses and hiring and all that - this industry needs more transparency. And because of that, I detest when people come onto this forum and start (under the guise of anonymity) spewing ******** about fantastical salaries and job opportunities which just make people feel like they're doing worse than they should.

If I cant get that international firm job which pays triple my salary and I feel bad about it - that's my own problem to work on. But when the job itself is just made up, then the asshole who made it up is at fault. Junior associates need to know their value and they should want to work for better, but they should not be made to feel like they're under-performing because of a fictitiously skewed average.

People are free to feel whatever they want. If they can’t be inspired by the feel good stories that’s on them. Truth is international firms are hiring SG lawyers and even if not US scale are paying more than local firms. If you’re gunning for EP in a local firm, that’s fine. But if not, do right by yourself.

Unregistered 29-10-2021 11:04 PM

Quote:

Originally Posted by Unregistered (Post 188442)
To be honest, even with the raise, b4 salary is still 1/3-1/2 of international firms. Its a joke

Agreed that B4, even after the “17% raise”, still gives out joke peanuts salary.

But on this point, any1 can share the NQ pay for US international firms in SG?

Unregistered 30-10-2021 12:06 AM

how do you guys make the move from Big 4 to international firm?

What is the salary jump?

Unregistered 30-10-2021 12:36 AM

Quote:

Originally Posted by Unregistered (Post 188439)
After A&G pay raise, any other big 4s following suit?

So what are the big 4 salary scales now? Time for a revised updated table

Unregistered 30-10-2021 01:42 AM

Quote:

Originally Posted by Unregistered (Post 188468)
Agreed that B4, even after the “17% raise”, still gives out joke peanuts salary.

But on this point, any1 can share the NQ pay for US international firms in SG?

Top US shops pay the new DPW scale
Cheapo US shops pay MC plus

What matters most however is how many years they are going to shave your PQE.

SG NQs won’t be hired by US shops - earliest probably 2PQE but they are likely to give you 1st year or less pay.

Unregistered 30-10-2021 02:36 AM

Quote:

Originally Posted by Unregistered (Post 188381)
Read properly. Its junior lawyers, not NQ. I personally know of people who have jumped to firms like sidley and Jones day at around the 3pqe mark from big 4

You not good enough to be getting in doesn't mean it is not real

Black box pay scale. iykyk

Unregistered 30-10-2021 02:38 AM

Quote:

Originally Posted by Unregistered (Post 188382)
The entire thing reads like a NQ assoc's paperback fantasy novel. From how out of touch the poster is with the realities of the market (I do believe him that he does financing from the little facts he gave), even if it was a B4 assoc I'd say it's prolly D&N or R&T banking - the lower tier B4 financing teams that are being repeatedly told that the international firms won't consider him if he's not from WP or A&G.

All the fantasy elements are there - "makes me quite mad which is why I left" - yes, totally, if the B4 team treated you well you would totally have given up the 21k salary and stayed

You look closer and the whole story is riddled with BS and inconsistencies

"left my B4 firm recently for an American shop and my gross pay is $21000" - You can ask any recruiter if they have ever heard of a 1 PQE on the SG scale getting $21k base from a US firm and they will laugh you out the door.

"I run smaller deals with the partner (1-1)/draft and negotiate finance docs/lead counsel negotiation calls etc." You have 1 year's experience and the partner is letting you lead counsel nego calls? LOL

"I moved jurisdictions" - What does that even mean? You working in the US now?

"US firms were keen on hiring juniors so they looked past me being 1PQE on the SG scale (though I trained for a year). I lucked out because I’m considered 1PQE on the UK scale and not a NQ" - you just said you are 1 PQE on the SG scale then suddenly you are considered 1 PQE on the UK scale? Which is it? The firm gave u a 2 year promotion cause u interview well, screwing over the rest of the assoc pool cause you're JUST that good right? Furthermore I thought you're working for an "American shop" - so why does your PQE on the UK scale matter? American firms dont have the 2 year training requirement so they dont factor that into recruitment.

Go back to drafting your account charges for your SME financings and stop dreaming LOL

Proof reading SCPCs more like

Unregistered 30-10-2021 02:40 AM

Quote:

Originally Posted by Unregistered (Post 188400)
OP confirm is talking nonsense. Cravath pay for peanut-B4 assoc ? Good try. Everyone knows even if go from A&G /WP to Gibson/Latham, they put you on “SG scale” for a few years, or worse they start you as “staff attorney”. Just check the Gibson Dunn’s SG directory, you’ll see all the B4 assocs who recently joined are “staff attorney”.

On curious note though, anyone knows how much these “staff attorneys” earn?

Isnt that a fancy term for paralegal

Unregistered 30-10-2021 02:42 AM

Quote:

Originally Posted by Unregistered (Post 188439)
After A&G pay raise, any other big 4s following suit?

Radio silence

Unregistered 30-10-2021 02:43 AM

Quote:

Originally Posted by Unregistered (Post 188442)
To be honest, even with the raise, b4 salary is still 1/3-1/2 of international firms. Its a joke

Cmon people know your worth.

Unregistered 30-10-2021 02:47 AM

Quote:

Originally Posted by Unregistered (Post 188476)
Top US shops pay the new DPW scale
Cheapo US shops pay MC plus

What matters most however is how many years they are going to shave your PQE.

SG NQs won’t be hired by US shops - earliest probably 2PQE but they are likely to give you 1st year or less pay.

Lol u forgetting a whole range of us firms residing in sg

Baker
Kl gates
Duane morris
Squire patton boggs
Reed smith
Bryan cave leighton paisner

Blah blah blah

Do u think these pay dpw / mc+?

Unregistered 30-10-2021 07:13 AM

Quote:

Originally Posted by Unregistered (Post 188443)
Maybe he means Kerala College of Legalese of the Hon'ble Sarkar

Jokes on you if ceca professions list is expanded to include lawyers in future. Same sheet has already beleaguered the bankers and doctors professions, what made you think you are so special as to be immune to ceca?

Unregistered 30-10-2021 07:33 AM

Replying to post #14427

-I’m not from KCL - the person who replied you was a troll

-I wouldn’t have looked elsewhere so early on in my career if B4 pay wasn’t so incommensurate to the demanding hours/high expectations

-Some SG recruiters and B4 associates know who I am

-Yes, the partner at my current firm lets me lead nego calls on security docs and he chimes in when needed. I was trained very well by B4 partners to function above a 1PQE’s typical job scope

-I’m working at a US firm in London (yes taxes suck compared to SG and COL is high but the deals are more complex, I get to work with the biggest FIs, funds and PE shops in London/US and culture is better)

-I’m on the DPW scale (I’m 1PQE on the SG scale and in my current firm I’m considered a 2020 qualifier ie 1PQE on the UK scale). I’m drawing the £ equivalent of 205K USD annually.

Trying my best not to dox myself but if you find out who I am, please feel free to reach out on LinkedIn. I know my story seems unrealistic but I didn’t mean to share it to make others feel bad/less about where they are. I apologise if it came off that way! I was hoping to encourage other corporate juniors feeling stuck to go out and explore their options.

Unregistered 30-10-2021 03:04 PM

Quote:

Originally Posted by Unregistered (Post 188494)
Replying to post #14427

-I’m not from KCL - the person who replied you was a troll

-I wouldn’t have looked elsewhere so early on in my career if B4 pay wasn’t so incommensurate to the demanding hours/high expectations

-Some SG recruiters and B4 associates know who I am

-Yes, the partner at my current firm lets me lead nego calls on security docs and he chimes in when needed. I was trained very well by B4 partners to function above a 1PQE’s typical job scope

-I’m working at a US firm in London (yes taxes suck compared to SG and COL is high but the deals are more complex, I get to work with the biggest FIs, funds and PE shops in London/US and culture is better)

-I’m on the DPW scale (I’m 1PQE on the SG scale and in my current firm I’m considered a 2020 qualifier ie 1PQE on the UK scale). I’m drawing the £ equivalent of 205K USD annually.

Trying my best not to dox myself but if you find out who I am, please feel free to reach out on LinkedIn. I know my story seems unrealistic but I didn’t mean to share it to make others feel bad/less about where they are. I apologise if it came off that way! I was hoping to encourage other corporate juniors feeling stuck to go out and explore their options.

I think i know who you are. Oxford BA graduated 2017, 2nd upper?

Unregistered 30-10-2021 03:06 PM

Quote:

Originally Posted by Unregistered (Post 188483)
Lol u forgetting a whole range of us firms residing in sg

Baker
Kl gates
Duane morris
Squire patton boggs
Reed smith
Bryan cave leighton paisner

Blah blah blah

Do u think these pay dpw / mc+?

Errr awkward but we dont even contemplating these firms when we talk about “US int’ll firms”. Go google “QFLP firms singapore”. Get the hint

Unregistered 30-10-2021 03:13 PM

Quote:

Originally Posted by Unregistered (Post 188549)
I think i know who you are. Oxford BA graduated 2017, 2nd upper?

No, I know this person but I’m not them. You’re getting closer (would really appreciate if you didn’t disclose any further specific details here please)!

Unregistered 30-10-2021 03:30 PM

Quote:

Originally Posted by Unregistered (Post 188550)
Errr awkward but we dont even contemplating these firms when we talk about “US int’ll firms”. Go google “QFLP firms singapore”. Get the hint

Word. Gotta distinguish between US firms than came here through their London office or straight up acquired a SG practice vs a US firm that came directly.

Unregistered 30-10-2021 03:31 PM

Quote:

Originally Posted by Unregistered (Post 188494)
Replying to post #14427

-I’m not from KCL - the person who replied you was a troll

-I wouldn’t have looked elsewhere so early on in my career if B4 pay wasn’t so incommensurate to the demanding hours/high expectations

-Some SG recruiters and B4 associates know who I am

-Yes, the partner at my current firm lets me lead nego calls on security docs and he chimes in when needed. I was trained very well by B4 partners to function above a 1PQE’s typical job scope

-I’m working at a US firm in London (yes taxes suck compared to SG and COL is high but the deals are more complex, I get to work with the biggest FIs, funds and PE shops in London/US and culture is better)

-I’m on the DPW scale (I’m 1PQE on the SG scale and in my current firm I’m considered a 2020 qualifier ie 1PQE on the UK scale). I’m drawing the £ equivalent of 205K USD annually.

Trying my best not to dox myself but if you find out who I am, please feel free to reach out on LinkedIn. I know my story seems unrealistic but I didn’t mean to share it to make others feel bad/less about where they are. I apologise if it came off that way! I was hoping to encourage other corporate juniors feeling stuck to go out and explore their options.

Good for you. Ignore the bitter suckers.

Unregistered 30-10-2021 11:53 PM

Quote:

Originally Posted by Unregistered (Post 188494)
Replying to post #14427

-I’m not from KCL - the person who replied you was a troll

-I wouldn’t have looked elsewhere so early on in my career if B4 pay wasn’t so incommensurate to the demanding hours/high expectations

-Some SG recruiters and B4 associates know who I am

-Yes, the partner at my current firm lets me lead nego calls on security docs and he chimes in when needed. I was trained very well by B4 partners to function above a 1PQE’s typical job scope

-I’m working at a US firm in London (yes taxes suck compared to SG and COL is high but the deals are more complex, I get to work with the biggest FIs, funds and PE shops in London/US and culture is better)

-I’m on the DPW scale (I’m 1PQE on the SG scale and in my current firm I’m considered a 2020 qualifier ie 1PQE on the UK scale). I’m drawing the £ equivalent of 205K USD annually.

Trying my best not to dox myself but if you find out who I am, please feel free to reach out on LinkedIn. I know my story seems unrealistic but I didn’t mean to share it to make others feel bad/less about where they are. I apologise if it came off that way! I was hoping to encourage other corporate juniors feeling stuck to go out and explore their options.

I legit loled when I read the KCL FCH post. This one better not be a troll

Unregistered 31-10-2021 12:02 AM

Quote:

Originally Posted by Unregistered (Post 188494)
Replying to post #14427

-I’m not from KCL - the person who replied you was a troll

-I wouldn’t have looked elsewhere so early on in my career if B4 pay wasn’t so incommensurate to the demanding hours/high expectations

-Some SG recruiters and B4 associates know who I am

-Yes, the partner at my current firm lets me lead nego calls on security docs and he chimes in when needed. I was trained very well by B4 partners to function above a 1PQE’s typical job scope

-I’m working at a US firm in London (yes taxes suck compared to SG and COL is high but the deals are more complex, I get to work with the biggest FIs, funds and PE shops in London/US and culture is better)

-I’m on the DPW scale (I’m 1PQE on the SG scale and in my current firm I’m considered a 2020 qualifier ie 1PQE on the UK scale). I’m drawing the £ equivalent of 205K USD annually.

Trying my best not to dox myself but if you find out who I am, please feel free to reach out on LinkedIn. I know my story seems unrealistic but I didn’t mean to share it to make others feel bad/less about where they are. I apologise if it came off that way! I was hoping to encourage other corporate juniors feeling stuck to go out and explore their options.

Ah i know who you are. A little on the heavy side arent you?

Unregistered 31-10-2021 04:54 AM

Believe the challenge is getting to an intl firm in Singapore (with way fewer spots) not so much going to a different jurisdiction where any warm body would do

Unregistered 31-10-2021 06:48 AM

I think this pandemic marks the start of the demise of singapore. Looking at the big picture here and not just inconsequential bickering amongst ourselves about b4 vs intl firms salaries.

Our reserves are almost gone, most of our industries have suffered large setbacks that they will not be profitable for years, there is no ground breaking plans that the government can think of which can change the country prosperity, ie, the low hanging fruit of casinos has been picked.

Same old pool of ex saf cronies dominating the political scene. No natural resources or hinterland to buffer. The only option is to exploit the people via taxes, gst, coe and ns, and you can bet your b4 paycheck they are coming.

If you had a junior whos a promising student, would you advise her that studying law in bristol or nottingham or even melbourne gives her a better chance at escaping the purgatory that is singapore?

Unregistered 31-10-2021 09:08 AM

So much talk about international firms and US shops...but if I'm interested in a long-term disputes career...wheres the best place to go? I don't see any (save for maybe 1 or 2) SG grads making Partner as a disputes lawyer in these US shops.. any advice? thanks.

Unregistered 31-10-2021 09:09 AM

Quote:

Originally Posted by Unregistered (Post 188494)
Replying to post #14427

-I’m not from KCL - the person who replied you was a troll

-I wouldn’t have looked elsewhere so early on in my career if B4 pay wasn’t so incommensurate to the demanding hours/high expectations

-Some SG recruiters and B4 associates know who I am

-Yes, the partner at my current firm lets me lead nego calls on security docs and he chimes in when needed. I was trained very well by B4 partners to function above a 1PQE’s typical job scope

-I’m working at a US firm in London (yes taxes suck compared to SG and COL is high but the deals are more complex, I get to work with the biggest FIs, funds and PE shops in London/US and culture is better)

-I’m on the DPW scale (I’m 1PQE on the SG scale and in my current firm I’m considered a 2020 qualifier ie 1PQE on the UK scale). I’m drawing the £ equivalent of 205K USD annually.

Trying my best not to dox myself but if you find out who I am, please feel free to reach out on LinkedIn. I know my story seems unrealistic but I didn’t mean to share it to make others feel bad/less about where they are. I apologise if it came off that way! I was hoping to encourage other corporate juniors feeling stuck to go out and explore their options.

Shared this with my financing colleagues and we had a good laugh.

Best part: "lead nego calls on security docs " - somehow "finance docs" became "security docs" all of a sudden and the best part is the suggestion that there are actually calls on security documents LMAO this guy is just clear as day talking out of his ass here

Unregistered 31-10-2021 09:34 AM

Quote:

Originally Posted by Unregistered (Post 188588)
Ah i know who you are. A little on the heavy side arent you?

All the bad side of human nature coming out

Unregistered 31-10-2021 10:26 AM

Quote:

Originally Posted by Unregistered (Post 188550)
Errr awkward but we dont even contemplating these firms when we talk about “US int’ll firms”. Go google “QFLP firms singapore”. Get the hint

Exactly! If they are a US QFLP firm in SG, guaranteed to pay Magic Circle or higher pay.

But if not, LOL gdluck

Unregistered 31-10-2021 06:24 PM

Quote:

Originally Posted by Unregistered (Post 188604)
Shared this with my financing colleagues and we had a good laugh.

Best part: "lead nego calls on security docs " - somehow "finance docs" became "security docs" all of a sudden and the best part is the suggestion that there are actually calls on security documents LMAO this guy is just clear as day talking out of his ass here

Yeah not on your SME deals they don’t :)

Unregistered 31-10-2021 06:25 PM

Quote:

Originally Posted by Unregistered (Post 188603)
So much talk about international firms and US shops...but if I'm interested in a long-term disputes career...wheres the best place to go? I don't see any (save for maybe 1 or 2) SG grads making Partner as a disputes lawyer in these US shops.. any advice? thanks.

See where all the JLC and SC collect loh. Isn’t it best to be independent as a disputes lawyer. Get instructed or be IA.

Unregistered 31-10-2021 06:28 PM

Quote:

Originally Posted by Unregistered (Post 188610)
Exactly! If they are a US QFLP firm in SG, guaranteed to pay Magic Circle or higher pay.

But if not, LOL gdluck

This depends in Jones Day and Sidley.

Non-QFLP US shops may end up being more profitable because they outsource low margin SG work to SG shops. Quite a few of these pay full DPW.

Unregistered 31-10-2021 06:29 PM

No point doing disputes unless you love mooting and are a good orator or debater. Otherwise do transactional law better. Good litigation lawyers are born, not made.

Unregistered 01-11-2021 07:24 AM

Do any of the Singapore law firms have a particularly good venture capital / startup practice? Thinking that the best way to get to an international law firm like Gunderson or Cooley would be to specialise early.

Unregistered 01-11-2021 11:09 AM

Quote:

Originally Posted by Unregistered (Post 188755)
Do any of the Singapore law firms have a particularly good venture capital / startup practice? Thinking that the best way to get to an international law firm like Gunderson or Cooley would be to specialise early.

Nope. Recent moves to Gibson Dunn make it clear that you minimally need to go Big4, and then enter at “SG-scale” (something near MC pay) . Go see the profiles of the few who JUST joined from A&G

Unregistered 01-11-2021 11:41 AM

what's the normal window given to contemplate an offer? feels very rushed that the recruiter is making me to reply 2hrs post verbal offer, also how long will the offer letter take after which?

Unregistered 01-11-2021 11:55 AM

What are some international firms to consider moving to if specialising in tax (besides Baker)?

Unregistered 01-11-2021 01:38 PM

Quote:

Originally Posted by Unregistered (Post 188772)
what's the normal window given to contemplate an offer? feels very rushed that the recruiter is making me to reply 2hrs post verbal offer, also how long will the offer letter take after which?

Sounds shady. Which recruiter isit? Just give us first alphabet (for privacy)

Unregistered 01-11-2021 01:39 PM

Quote:

Originally Posted by Unregistered (Post 188773)
What are some international firms to consider moving to if specialising in tax (besides Baker)?

Cavenagh law

Unregistered 01-11-2021 02:10 PM

Quote:

Originally Posted by Unregistered (Post 188772)
what's the normal window given to contemplate an offer? feels very rushed that the recruiter is making me to reply 2hrs post verbal offer, also how long will the offer letter take after which?

Nothing is concrete until the offer letter comes. Say something non committal - excited, interested, etc but will need offer letter to consider holistically. Unless of course your push factors are immense.


All times are GMT +8. The time now is 04:42 AM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2