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  #4721 (permalink)  
Old 09-09-2019, 11:36 AM
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That's the number we are seeing. For pqe 2. About 7k + 1 month bonus

At a fairly large local company that i was working at our GC keep telling us they were paying us the best that they can do and it was market rate. People kept leaving and no new hires were made. Temporary doubling up to help ended up to be permanent as the work was still being done. Requests for promotion and increment were met with "actually you are not doing much".

The team left and on average were able to secure 20-30% more. The jump was worth at least 10 years of the 2 to 3% annual increment we got.

Never work for bosses who have no understanding of what you do on a daily basis and are not appreciative of the work you put in. Never stay in a toxic culture that encourages bashing and underpaying young lawyers.
Most local companies will not pay for "cost centers" - it's a very traditional and backward mindset.
Of all my offers, the MNCs generally offered 20-30% more than local companies. If pay is a big consideration, then spamming MNCs would be your best bet.

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  #4722 (permalink)  
Old 10-09-2019, 08:25 AM
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Would anyone be able to shed some light on what would generally be the salary range be for 6 PQE in an in-house position?

7-10. but really depends on the role.



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  #4723 (permalink)  
Old 11-09-2019, 12:14 PM
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Would anyone be able to shed some light on what would generally be the salary range be for 6 PQE in an in-house position?
15 to 20k, easy. If your PQE is from international firms.

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  #4724 (permalink)  
Old 11-09-2019, 01:08 PM
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Originally Posted by Unregistered View Post
That's the number we are seeing. For pqe 2. About 7k + 1 month bonus

At a fairly large local company that i was working at our GC keep telling us they were paying us the best that they can do and it was market rate. People kept leaving and no new hires were made. Temporary doubling up to help ended up to be permanent as the work was still being done. Requests for promotion and increment were met with "actually you are not doing much".

The team left and on average were able to secure 20-30% more. The jump was worth at least 10 years of the 2 to 3% annual increment we got.

Never work for bosses who have no understanding of what you do on a daily basis and are not appreciative of the work you put in. Never stay in a toxic culture that encourages bashing and underpaying young lawyers.
That's pretty good for 2 PQE if the hours are decent
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  #4725 (permalink)  
Old 11-09-2019, 01:10 PM
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it might mean your current pay is too high.
take a 20-30% pay cut. worth it for your sanity
unless you have a mortgage and car loan to pay then stick to your current job
agree
if you aren't willing to set aside your ego and take a pay cut, stop whining and stay in practice
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  #4726 (permalink)  
Old 16-09-2019, 02:43 PM
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15 to 20k, easy. If your PQE is from international firms.
Agree.

I don't think you'll get 15-20k at pqe 6 if your experience is largely local and non-specialist. The economy isn't doing well at the moment and in-house positions are cost centers. I think it would be wise to temper expectations for next few years.

If you've been a "generalist" at a local law firm, i'd say more likely between 8-12k for pqe 6.

Still not bad imo.


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  #4727 (permalink)  
Old 16-09-2019, 02:45 PM
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agree
if you aren't willing to set aside your ego and take a pay cut, stop whining and stay in practice
From experience, the pay cut is generally worth it considering the work-life balance and time off and flexi work arrangements and what not.... especially for people with family to take care of.
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  #4728 (permalink)  
Old 17-09-2019, 11:11 AM
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Which platforms should one go to look for in house roles in large MNCs? Would they generally use recruiters or would they use platforms such as job street and jobs bank.
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  #4729 (permalink)  
Old 17-09-2019, 01:18 PM
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Which platforms should one go to look for in house roles in large MNCs? Would they generally use recruiters or would they use platforms such as job street and jobs bank.
Both.

Both the MNCs I used to work at go through recruiters + Linkedin simultaneously. As for online platforms, MNCs generally stick to Linkedin and not so much websites like jobstreet which is morel local.

Focus on both recruiters and LinkedIn equally if you don't have a specific specialization or industry in mind.

If you have a specific specialization in mind - eg IP (very hot now and companies generally willing to pay big bucks), or a specific industry in mind - eg Construction (demand is there but companies not wiling to pay), then focus on recruiters.

If you're looking at tech companies or new age hipster firms (google, wework, grab, uber, blah blah), then focus more on LinkedIn. These companies mostly do recruiting in-house.
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  #4730 (permalink)  
Old 18-09-2019, 10:53 AM
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Thanks everyone for your help this far! What are the specific challenges of working in house and is there a lot of politics ? Separately, in determining salaries, do in house employers generally look specifically to a candidate’s last drawn salary in private practice and establish a percentage cut from there ?
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