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Academia definitely pays less than private practice, but it is still a decent pay that allows you to enjoy a comfortable lifestyle (car, condo, annual vacations, etc). Not everything is about money. As an academic, you get far better work life balance, you get to pursue your intellectual interests, and you get to mould the lawyers, judges and politicians of tomorrow. You fly around the world presenting papers at conferences, you have leisurely lunches with colleagues and students discussing issues of the day, and newspapers call you up asking you for your esteemed opinions. It is actually a very cushy job, and one that is available only to the top students of a cohort (who could easily have joined any big firm if they wanted to). Honestly, a law professor would probably have far better self-esteem than the average lawyer. |
Can I just ask if you are studying at SMU?
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sounds like NTU. poly lecturers definitely are having cushy jobs.
in unis, you have quotas to meet, as management wants to squeeze as much research papers out of you as possible to up their world rankings. |
Here's some real world data for you guys. This is my fourth year as a lawyer, I am working at a foreign law firm, and my monthly pay is 12k.
BUT My boss owns my soul. 14, 16 hour work days, weekends burnt, only have time to eat and sleep. And sometimes not even that. |
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I have recently finished my national service and i'm currently contemplating on furthering my studies in the UK. I've received offers from recognized universities to read law there. My A level grades were above average but not good enough to enter the law faculties or courses related to the top professions.
I am also about to finish my ACCA qualification which i studied part time, I really like accounting but the general consensus in Singapore is that a degree is of paramount importance to secure a bright future. I am also keen on joining the civil service, this puts me in an even more difficult position as my divisional grading is determined by the qualifications I have. The question is do erstwhile accountants perform well in the legal profession? Would law firms specializing in M&A, equity and trusts and Tax see a person possessing accounting knowledge in a brighter light? What other areas do accountants-turned-lawyers practice in? And is there any potential conflict of interests I should be aware of due to my dual capacity as accountant and lawyer? Your advice would be greatly appreciated! Thanks. |
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Another advice, though redundant as it seems, is to do well in your undergraduate studies. I may be wrong, but if I read correctly, I think your family can afford to sponsor your foreign studies for the next 4-5 years. So don't waste this opportunity. Do well in the foreign uni, then get into a top tier grad school for 1 or 2 more years. And start your career with a top tier MNC or law / accounting firm. I assure you this will be the best gift you can give yourself and your family. |
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