TSMP is part of the Big 6. Right after International Law firm Dentons.

Agreed. We should start referring to the Big6 from now onz

They do similar wall-street work, and they all pay NQs $7,000 and upwards.

How about Big 10, including SLB withers ML and Lee n Lee

Exactly. Essentially, Dentons and TSMP are the same as the big4

cutting-edge wall street international big 10? has a nice ring to it

any hopes that SQE1 will be an agreed exemption in the next year or so? for now sg lawyers only exempted from SQE2

how's this work, pardon me

reminds me of the new ST list of law firms lol

In light of the new 1-year PTC in place from next year onwards, does that mean that those ppl doing their PTC in the Singapore arm of FLAs (which usually handles the FLA's sg liti work) will be doing disputes work for 1 year? Or will they likely rotate into other areas as well?

Also, will the NQ salaries increase to reflect the greater "experience" of newly-qualified sg lawyers?

Doubtful on the increased NQ pay. Probably just increased trainee allowance during the extra 6 months.

They're gonna say that there was already an NQ and junior assoc revision in 2021-2022.

how much for the trainees 2nd half?

heard they said in between practice trainee and nq pay, around legal exec pay, so 3-4.5k?

Super old associate
 

How come there are some 50-60 year old lawyers super senior but still Legal Associate/Legal Assistant?

How come some lawyers move firm from Partner to Senior Associate/Associate

How come some elderly are still picking cardboard or work as Cleaners? Shouldn't they be ceos at their age

How come some young punks get to be cfos of their fathers company? Shouldnt they be execs at their age?

Stupid question

I think the comments on TSMP are unwarranted. Haters are probably those who were rejected by the King of Singapore.

Probably they were salaried partners in a local firm and moved to international firm. It's very easy to get the partner title in local firms and most of them are salaried partners who earn less than international firm associates.

Salary
 

Anyone know how much Baker/NRF is paying for NQ-2PQE nowadays?

Heard NRF was similar to the big four - somewhere around $7k+ as an NQ (sg qualified), but now that they are changing their training structure and their trainees get dual-qualified in England & Wales, I'm not sure - things may be different now

How can NRF be $7+ for NQ?? 1 decade ago they were paying $25k or more for SAs. Granted their SAs are like 8PQE or something.

Or are you mistaking $7k for the FLA firm of NRF, which is Ascendant Legal?

Baker NQ now 9.5, with increments of about 1.5k a year.

Nrf
 

The old/present situation is that practice trainees would only be able to train at and upon qualification would be employed by Ascendant Legal, not NRF. For overseas students, they would do their RLT at NRF, and then their practice TC at Ascendant and be qualified there.

Now, with the new scheme, trainees upon qualification can be retained at either NRF or Ascendant, presumably due to being dual-qualified in England & Wales.

So, it's likely the situation might be different now.

heard A&G recently bumped to 8K NQ

Big 4 salaried partner earns how much? Source?

SA still about 20k, the increments are pretty good. NQ is indeed lower than baker.

B4 salaried partner earns about 300k per year including decent bonus. An associate in a US firm of the same seniority easily earns 1.4x that amount before bonus, and 2x that after bonus.

Source: Personal knowledge.

Around $15K for new JP.

how u know?

i heard 3pqe international firm also $15k

Does rajah and tann give their associates individual rooms or cubicles?

not fish tank meh?

rooms claustrophobic

Ahahahahahhahahahaahahhahahahahahahhahaa

Whatever you’re smoking I’d like to have some.

I never understood why firms marketed themselves as doing “Wall Street” work. What the **** does it even mean anyway?

In any even, very few firms in Singapore are doing cutting edge work. For local firms, I wouldn’t consider any firm outside of A&G and maybe WongP as doing anything top class in terms of transactional work.

Steff sucking 8# wall stret work

The phrase "wall street work" came out more than 10 years ago innit?

And yet you still rmb and r still talking abt it.

So whether really true or not, its already served its purpose. All publicity is good publicity..

Wrong.

Only the Silver Circles give you something as low as 3PQE =15k

Magic circle = 15k for NQ assoc
Mid-Atlantic US firms = 17-19k NQ assoc
Cravath US firms = 24k NQ assoc

That is pre- the recent pay hike .

Big4 JP now start at 17k

R&T does not pay 17k for JP

Then what is R&T JP pay?

On a side note, I think many tech companies pay more than $17k for senior software devs

I think its ridiculous that a Big 4 JP earns less than a software dev when they work so much harder to have survived to that stage. Its more a reflection of how low local law firm pay is.

R&T new JP is around 14.5 - 15.5k

I think some idiot made this payscale like 4 years ago on this forum and people have been parroting this nonstop since then.

Only the MC salary is accurate, +/- $1k.

The mid-Atlantic US firm salary is completely hogwash - the majority of the SINGAPORE offices of those firms pay less than the MC SG offices for equivalent bands. These firms do not follow their UK or NY pay scales in Singapore - they pay significantly less here. And why should they?

On the so-called "Cravath US firm" - there are maybe only 3 firms that pay Cravath rates to ALL their SG associates. The remaining firms pay Cravath rates to a FEW top performers, on a discretionary and individual basis and this is also subject to a year or 2 of evaluation post hiring.