Lawyer Salary

Are you a lawyer? Or is this an anecdote from someone outside the legal sector?

Any trainee in litigation department here
and decided not to carry on? what are the options ahead

Originally Posted by Unregistered

True.. it all depends on you are spending and how much you are saving per month. The people who are successful cannot be measured only on how much they make, it is also about their satisfaction they derived from their work and self-identities..

Many people got into law as it looks prestige and thought that it is financially rewarding. True to certain aspects but hey, after balancing the long hours and stress, I have seen so many lawyers aged way before they turned old!!

Worth it?

Many people also get into law because they are passive and risk-adverse. Which is why so many are affected by their competitive environment, their peers and notions of prestige. It will do anybody well to just stay true to yourself and live according to your own means and morals. The best lawyers I have worked with are the ones with their heads screwed on tight.

Originally Posted by Unregistered

Any trainee in litigation department here
and decided not to carry on? what are the options ahead

Join suss and SMU as a junior academic or researcher lor. Otherwise law degree quite deadend road.

Originally Posted by Unregistered

Many people also get into law because they are passive and risk-adverse. Which is why so many are affected by their competitive environment, their peers and notions of prestige. It will do anybody well to just stay true to yourself and live according to your own means and morals. The best lawyers I have worked with are the ones with their heads screwed on tight.

QFT bro

i'm mentally done with this biz. graduated in the glut year(s) and piah in small firm until got opp to go local big4...work for sum yrs alr now damn sien cos of boss related reasons... wanna go in house and hope for fresh air

dun even care abt no more salary increments... just too tired of how the biz has treated me and cmi

Originally Posted by Unregistered

QFT bro

i'm mentally done with this biz. graduated in the glut year(s) and piah in small firm until got opp to go local big4...work for sum yrs alr now damn sien cos of boss related reasons... wanna go in house and hope for fresh air

dun even care abt no more salary increments... just too tired of how the biz has treated me and cmi

Statistically speaking it is more likely than one won't remain a private practice lawyer after 10 years, than remain one. Law is good basic training for a variety of other corporate roles. Unfortunately, salary often takes a hit with the first job out of the legal industry.

Originally Posted by Unregistered

Statistically speaking it is more likely than one won't remain a private practice lawyer after 10 years, than remain one. Law is good basic training for a variety of other corporate roles. Unfortunately, salary often takes a hit with the first job out of the legal industry.

Agreed

It's really about making and saving as much as you can for those years you can tahan this shitty biz

Originally Posted by Unregistered

Agreed

It's really about making and saving as much as you can for those years you can tahan this shitty biz

There are exceptions. I'm 31 yr old lawyer working in big tech, qualified in 2011. Comp last year was over $800k - mix of equity and cash. My more junior team members (5 to 7 PQE) take in between $350k to $400k per year. Hours are good, autonomy is high, I get to wear shorts to the office and the work is constantly changing, challenging, high stakes and interesting (i.e. definitely not crappy).

I was qualified in 2018, so slightly less than a year post-call experience. Currently in a Big 4 firm. Noticed I am not cut out for this area of the law (very specialised) so don’t foresee a future here. Should I wait it out here to clock PQE (in an area of law I have no interest in) or explore options in other law firm, LSC or in-house (a bit too early?)?

To be honest I have no idea where my interest lies and it’s a bit too late to start exploring now as I might be seen as a job hopper if I keep switching. Sigh

Originally Posted by Unregistered

There are exceptions. I'm 31 yr old lawyer working in big tech, qualified in 2011. Comp last year was over $800k - mix of equity and cash. My more junior team members (5 to 7 PQE) take in between $350k to $400k per year. Hours are good, autonomy is high, I get to wear shorts to the office and the work is constantly changing, challenging, high stakes and interesting (i.e. definitely not crappy).

Google? Facebook? Either way, highly sceptical LOL. Even if true, it is very likely that at the first purge in an economic crisis, you guys will be the first to get the boot.