Lawyer Salary

Originally Posted by Unregistered

Haha mate,do you happen to be called Patrick and have a sponge for a best friend?

Starting IB salaries in Singapore are around 10-12k base, with bonus this shoots to around 16k

Fact: IB is more lucrative and prestigious than big law at every compensation level

Its true. But IB is also a lot more competitive to get into than big law positions relative to the number of hopefuls.

You have a better shot, percentage wise, at getting into big law than in IB, where you are competing against thousands upon thousands of business/finance/econs/oxbridge/ivy league candidates. How many FO roles do the bulge brackets hire here per year? 3 to 5 per bank maybe?

Even if you dont make the first cut into MC/international firms as a fresh law grad, there are numerous opportunities at different career points to lateral in. For IB, the overwhelming number of hires are made at the graduate stage with very few opportunities to lateral in.

Can’t help but wonder how many of you moaning about degree mill unis are buttburt because you wish you’d studied in one?

I graduated from one. Current trainee in a City firm. Life is good here in the UK. But please, keep talking about how rigorous local degrees are while slaving away in a Big 4 (if even that) hoping for your chance to lateral into an intl firm.

Do only corporate lawyers have the opportunity to lateral into big law?

Originally Posted by Unregistered

Can’t help but wonder how many of you moaning about degree mill unis are buttburt because you wish you’d studied in one?

I graduated from one. Current trainee in a City firm. Life is good here in the UK. But please, keep talking about how rigorous local degrees are while slaving away in a Big 4 (if even that) hoping for your chance to lateral into an intl firm.

your degree mill uni is why you're not in a white shoe/MC, paying UK taxes and making less in terms of PPP compared to an SG Big 4 lawyer lmao

Originally Posted by Unregistered

Can’t help but wonder how many of you moaning about degree mill unis are buttburt because you wish you’d studied in one?

I graduated from one. Current trainee in a City firm. Life is good here in the UK. But please, keep talking about how rigorous local degrees are while slaving away in a Big 4 (if even that) hoping for your chance to lateral into an intl firm.

ive been in practice for couple of years now and have never actually come across an NUS or SMU-grad lawyer whom I would consider "lousy". granted im sure every school has its share of idiots but i cant think of any.

on the other hand ive come across more than a handful of doofuses from overseas unis. of course im pretty sure there are brilliant ones too.

btw i practice in litigation which is an area where the quality of opposing counsel and their performance in court is very readily apparent, far more so than in transactional work where you seldom if ever get to assess the quality of other lawyers face-to-face as opposed to behind emails.

i just think the variance in terms of quality is far wider for overseas grads. many of them are the equivalent calibre of lets say, an FASS grad. which is probably the course they would've gotten offered if they stayed in Singapore for their uni education.

the main problem with many overseas grads is that they aren't used to working hard. at least not at the level of the hothouse pressure cooker environment that is NUS or SMU law.

my observation is that a lot of them like to blow hot air or waste time complaining about how much work they have to do, and not spend time actually doing the work and being efficient about it.

Originally Posted by Unregistered

your degree mill uni is why you're not in a white shoe/MC, paying UK taxes and making less in terms of PPP compared to an SG Big 4 lawyer lmao

Aww, keep telling yourself that. I won’t specify my firm for obvious reasons, so please, keep comparing all you want.

Originally Posted by Unregistered

Can’t help but wonder how many of you moaning about degree mill unis are buttburt because you wish you’d studied in one?

I graduated from one. Current trainee in a City firm. Life is good here in the UK. But please, keep talking about how rigorous local degrees are while slaving away in a Big 4 (if even that) hoping for your chance to lateral into an intl firm.

Count yourself lucky then. For every overseas grad who finds a TC in London, there are countless others who only manage to secure interviews with small firms or sole proprietorships in Singapore, and a sizeable number can’t even find a TC anywhere. Unless you are fairly confident in your own ‘brilliance’, studying in a local uni is the far more pragmatic option.

Be thankful, not arrogant.

Anyone know anything about Baker's retention rates + NQ salary?

Originally Posted by Unregistered

Anyone know anything about Baker's retention rates + NQ salary?

100% + 10k I think

What is retention rate for big 4
and starting salary ?