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I take your point that UK grads may return at some point down the line. Anecdotally however, I can think of no one amongst my peers who even wish to return. If this is representative of the SG expat community here, then any basis of comparison between SG and UK grads would be flawed if it only considered grads working in SG to the exclusion of those working in London. |
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Personally, I found the NUS open book system easier than the UK closed book system. It was a lot less torturous for sure since I hate memory work, and I’ve no doubt that those who aced their UK exams have brilliant minds and are no less capable than NUS grads. What I do see however is a general bias in local Big 4 Firms against the grads who come out from any UK University other than Oxbridge or the top London universities (including Kings btw. No idea why there’s so much Kings bashing going on around here, since the MC outfit I joined is full of smart Kings grads). I don’t think you can put UK grads in one “box” and local grads in the other. That was never my intention. |
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Only thing is that it’s hard to get a high first cos then you have to do a lot more extra readings and craft better arguments against a pool of very capable and smart peers. On international firms having more local or foreign grads, frankly it doesn’t matter where they come from after 5 years. U need to be properly trained, given ample opportunities to learn and develop. Sadly some international firms don’t bother training, they just need headcount or temporary cover for manpower needs. Going to such firms is tantamount to career suicide because there is no intention to train from the very beginning. Why big four makes better training ground? Bcos big four associates are more willing to invest time in training the juniors. They don’t see their younger colleagues as threats. Cf international firms - you have to be in an international to fully appreciate this point. A senior associate earning $18-22k a month in an international is not going to be willing to train a junior who can eventually take over them. It just isn’t the culture. Granted there are exceptions and you are fortunate in life if you meet good seniors. On KCL and second tier UK universities, everyone’s experience is different. Sometimes people choose to go overseas because they can’t qualify locally. Other times, it’s more for exposure, making connections, having peers of similar standing internationally. You can come from an inferior school, but if you have good mentors willing to train and invest their time in you (really nothing but chemistry and luck), then you’ll prob be very successful anyway. |
Are Big 4 associates really interested in training their juniors? I've only interned there so maybe my experience was different, but they didn't reply seem interested in mentorship or training.
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Ever thought about jumping back into practice? Do you foresee challenges if you do so? |
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I'm on 7k a month with the rest being bonus. I have a very good relationship with my ex-boss and i don't think it will be a problem for me to go back to private practice - but be clear that this will not be based on any kind of merit, it is very much based on connection (and our past working relationship, which was very good). I left practice because i felt i was being severely undervalued/underpaid (nothing to do with the boss mentioned above, just the culture in general). I'm currently on slightly less than twice what i used to earn and possibly a thousand more than what i would be earning had i remained in practice. I miss practice a lot. The difference in terms of intellectual rigor is great - a lot of what i do is very much people management as opposed to hardcore legal work. My welcome to this company was marred in equal part by the culture shock and steep learning (being the politics and people management) curve. The role of legal counsel requires you to work with many different people on a daily basis, each with their own agenda (most of the times not even hidden). It is like being thrown in a wolf's den because you know they are only working with you so they can throw you under the bus if anything blows up. It takes a certain finesse to maintain the tenuous balance between keeping people (remember that there is usually more than one person on any deal) happy and making the legally correct calls. It is also a very lonely role - you should be used to making judgment calls on a daily basis. If you call your GC for approval on decisions often, the likelihood is that you won't have a job for much longer. I think if you can find a firm that truly values your talents and skills and is willing to investment in your learning and progression, it is worthwhile to continue in practice. I sometimes think that if i had met seniors who were kinder (and more generous with teaching and mentoring) and firms that truly believe in the potential of their people, I would've stayed for a long time. Unfortunately, a lot of seniors are just plain assholes. Good luck! |
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And the point made that open book exams are easier? Pffft. |
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Also, I'm surprised you're taking in "only" (I say this with caution, of course) $7k/month before bonuses. I always heard that in-house offers match your current pay in private practice but simply freeze your pay progression for a number of years. I didn't expect one could take >50% paycut for moving to in-house... |
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I am called in 2017 and left big 4 after 8mths for an in house role. I did not take any pay cut but rather a pay increment. After all in, it is still more than what my peers are taking now. Cheers. |
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