Lawyer Salary

Originally Posted by Unregistered

I am in a large firm called in 2016 and also UK qualified. The firm has since asked me to resign.
A 5 man sized law firm is willing to employ me but at a approx 50% pay cut (4.5k).
This is the only offer I can get. Should I take it or leave the legal profession?

Increment how much? Think just take it because other industries pay even less

Originally Posted by Unregistered

Increment how much? Think just take it because other industries pay even less

What is your area of practice? $4.5k for 2.5pqe is a very bad deal and you should actively search for alternatives.

Originally Posted by Unregistered

What is your area of practice? $4.5k for 2.5pqe is a very bad deal and you should actively search for alternatives.

Insolvency

[QUOTE=Unregistered;111261]Insolvency[/QUOTE

Depends on how badly you want to stay in the industry.
If its the only way to stay, then take the job. The climb back up to where you were will be painful and difficult, but you can still call yourself a lawyer.

Although, i've had friends who waited jobless for over half a year and finally got offered a better position in a better firm for more pay.

[QUOTE=Unregistered;111262]

Originally Posted by Unregistered

Insolvency[/QUOTE

Depends on how badly you want to stay in the industry.
If its the only way to stay, then take the job. The climb back up to where you were will be painful and difficult, but you can still call yourself a lawyer.

Although, i've had friends who waited jobless for over half a year and finally got offered a better position in a better firm for more pay.

Yeah but the prospect of 6 months without job is enough to mess up w the mind.
How your friends managed to go through the 6 months without a job?

Originally Posted by Unregistered

I am in a large firm called in 2016 and also UK qualified. The firm has since asked me to resign.
A 5 man sized law firm is willing to employ me but at a approx 50% pay cut (4.5k).
This is the only offer I can get. Should I take it or leave the legal profession?

Very bad deal - unless one of the 5 men is a reputable person in the industry. NQ pay at small-medium firm is 4.2k. You have pqe so please find a place that values you. 5 man firm needs you more than you need them.

Originally Posted by Unregistered

Insolvency

Go Oon bazzul

[QUOTE=Unregistered;111266]Go Oon bazzul[/

How about Black Oak? nq pay is 7k and they are hiring

[QUOTE=Unregistered;111270]

Originally Posted by Unregistered

Go Oon bazzul[/

How about Black Oak? nq pay is 7k and they are hiring

Unrelated to the earlier poster who has insolvency exp.
Is Black Oak willing to train a corporate person without insolvency exp?

[QUOTE=Unregistered;111263]

Originally Posted by Unregistered

Yeah but the prospect of 6 months without job is enough to mess up w the mind.
How your friends managed to go through the 6 months without a job?

Loaded and super chill parents. Soz... doesn't really apply to the rest of us.