Lawyer Salary

Originally Posted by Unregistered

This poor fail troll living in his/her make-belief world. If the Chinatown level use of language isn't enough of a giveaway:
Go figure.

i actually believe that ivy lawyer is from the ivy league. Later if he post his ivy league law degree here, then you will have to eat your own words and look like a fool. not wise... what is your credentials btw?

Originally Posted by LegalBeagle

You really don’t know a thing about the Singapore market, or the international legal market for that matter. You’re still mired in the lame “NY > London > HK > SG” kind of thinking. Those were the kind of misconceptions people had when they were still in Law School. I urge readers to take everything you say with a fistful of salt. There are so many flaws and stereotypes in your various posts that I don’t know where to begin correcting you. Ivy Lawyer indeed.

(1) “Must partner with local firms” - ever heard of QFLP? International firms with QFLP licenses are able to practice most areas of Singapore in its own right. Take CC Singapore for example. They practice all areas of SG law except litigation, which is handled by Cavenagh.

(2) “it is far lesser” - Singapore MC associates are paid on a global scale which is at or close to parity with their global peers in London and HK (ex US), with mild adjustments for tax rate differentials. Post-tax, SG and HK associates actually fare better than London associates, with little more than a $1,000 discrepancy between the SG and HK. CC NY is forced to pay Cravath rates because if they didn’t, they wouldn’t be able to recruit any decent talent in the US market. Also, “lesser” is not grammatically correct. In Singapore, true “white shoe” outfits such as Milbank and LW pay full Cravath to their SG associates. Given local tax rates, SG White Shoe associates are far far better off than their NY counterparts. And of course nobody does better than the White Shoe associates working out of the UAE, who take zero tax and are often offered COLA on top of salary.

(3) “NQ” - where do I even begin... An “NQ” for the purposes of an SG Big4 is someone who has just passed the Singapore Bar. An “NQ” for the purposes of an SC/MC firm is someone who has just completed two years of rotational practice (ie: four half-year seats), or lateraled in from an SG Big4 as a Year 3 associate. An “NQ” for the purposes of a white shoe firm is someone who’s either just come in fresh off a JD or a mid-tier associate who’s lateraled in from a lower tier outfit (such as MC/SC) and taken a huge PQE haircut. I’ve seen even SG 6PQEs joining white shoe firms on the “NQ” scale.

Legalbeagle is a frequent poster. I am also interested to know which law school he is from.

Originally Posted by Unregistered

i actually believe that ivy lawyer is from the ivy league. Later if he post his ivy league law degree here, then you will have to eat your own words and look like a fool. not wise... what is your credentials btw?

I think everyone here can’t wait to see your ‘degree’ mr ivy.

Credentials? How about a grasp of English and basic logic?

Originally Posted by Unregistered

I think everyone here can’t wait to see your ‘degree’ mr ivy.

Credentials? How about a grasp of English and basic logic?

so many people asked legalbeagle which law school is he from. yet no answer, dodging the question. ten bucks that he is not from oxbridge and ivy league. probably jealous and struck in some dead end position

Originally Posted by Unregistered

so many people asked legalbeagle which law school is he from. yet no answer, dodging the question. ten bucks that he is not from oxbridge and ivy league. probably jealous and struck in some dead end position

Lets not push legalbeagle, I think he is from some 2nd tier UK or Aust Law school. At best, he is from NUS law. He is definitely not from oxbridge or ivy league. Lets not embarrass him. Live and Let Live.

Originally Posted by Unregistered

2nd tier

Which is......?

Originally Posted by Unregistered

Lets not push legalbeagle, I think he is from some 2nd tier UK or Aust Law school. At best, he is from NUS law. He is definitely not from oxbridge or ivy league. Lets not embarrass him. Live and Let Live.

Getting into oxbridge law isn't that hard. Relatively.

Originally Posted by LegalBeagle

(3) “NQ” - where do I even begin... An “NQ” for the purposes of an SG Big4 is someone who has just passed the Singapore Bar. An “NQ” for the purposes of an SC/MC firm is someone who has just completed two years of rotational practice (ie: four half-year seats), or lateraled in from an SG Big4 as a Year 3 associate. An “NQ” for the purposes of a white shoe firm is someone who’s either just come in fresh off a JD or a mid-tier associate who’s lateraled in from a lower tier outfit (such as MC/SC) and taken a huge PQE haircut. I’ve seen even SG 6PQEs joining white shoe firms on the “NQ” scale.

This is a very weak response.

Ivy lawyer is saying that lawyers earn more in US, UK and HK as compared to SG.

He then tried to compare the starting salaries of new lawyers. In other words, he is comparing between lawyers with similar amount of work experience.

Your argument above is actually supporting Ivy lawyer's argument, because you clarified that the NQ label that you used even includes SG lawyers with 6PQEs (in the white shoe firm context). And you attempted to compare the salaries of these 6PQE lawyers to those freshly qualified in US, UK and HK who do not have so many years of PQE. Then you concluded that SG lawyers make more money. I cannot follow your logic.

In summary, (generally speaking) an US, UK or HK lawyer who just got his licence will still make more money than a SG lawyer who just got his licence.

Originally Posted by Unregistered

Which is......?

In the UK context.

Tier 1 : Oxford and Cambridge

Tier 2 : London Law schools, eg UCL.

Tier 3 : The rest, eg Bristol, Durham etc

Note : Tier 3 is synonymous with garbage.

Originally Posted by Unregistered

In the UK context.

Tier 1 : Oxford and Cambridge

Tier 2 : London Law schools, eg UCL.

Tier 3 : The rest, eg Bristol, Durham etc

Note : Tier 3 is synonymous with garbage.

According to your strict standards, if legalbeagle is an UK grad, he might not even be in tier 2!!!