Lawyer Salary

Originally Posted by Unregistered

solicitor lpc. a lot of peers nowadays doing the qlts for non-uk degree holders. solicitor firms need lpc/qlts. if u bptc only (and i think if no pupillage) u atm paralegal only. its not sufficient and also not the right qualification.

bptc not sure how useful anw. almost no sinkies doing it. 99.9% of tng lang at the inns of court are msians, cos its much easier than their own msian bar for overseas grads back home (the part a/b equivalent for msia, cant remember what its called now). the pass rate fking low, a lot of them suspect its that bumi nonsense, dunno how true. cos if i remember correctly if u local grad from university of malaya etc u exempted from taking their bar, u will be auto call after 9 mths of pupillage.

but digressing. like the only people here u see with BARRISTER-AT-LAW, INNER TEMPLE are literally from like lky or jbj that era lol, run into one in court can go buy toto liao. literally only know 1 sinkie who did bptc and he now practise as barrister in chambers in london. but he got ba juris and bcl la. if u all thought u atas af with ur raffles and hwach, u all try applying for chambers pupillage in london. nobody does elitist better than the brits

OP just burst the bubble of a lot of aspiring hci and ri dudes who want to go on to become a barrister in the city of London.
But the observations are quite accurate.
Eton and Oxford the traditional blue blood pathway
Then one of the top tier barrister sets - think Blackstone, Fountain Court, 39 Essex, along those lines. Just looking at their barrister’s list is giddying. 95% have an Oxbridge degree.
These are feared litigators globally.

Originally Posted by Unregistered

OP just burst the bubble of a lot of aspiring hci and ri dudes who want to go on to become a barrister in the city of London.
But the observations are quite accurate.
Eton and Oxford the traditional blue blood pathway
Then one of the top tier barrister sets - think Blackstone, Fountain Court, 39 Essex, along those lines. Just looking at their barrister’s list is giddying. 95% have an Oxbridge degree.
These are feared litigators globally.

Which is why it takes a certain type of person.

so how's retention across all firms going? :X

Yeah how is retention coming along? Also, would love to hear from the lawyers still in practice if it is true that "demand has surged for counter-cyclical practice areas such as restructuring and insolvency, commercial disputes, international arbitration, employment, and private wealth investments, said Mr Yong from Withers KhattarWong" (quote from The Straits Times' article "Singapore law firms tighten purse strings, adapt to changes in demand")?

Originally Posted by Unregistered

Yeah how is retention coming along? Also, would love to hear from the lawyers still in practice if it is true that "demand has surged for counter-cyclical practice areas such as restructuring and insolvency, commercial disputes, international arbitration, employment, and private wealth investments, said Mr Yong from Withers KhattarWong" (quote from The Straits Times' article "Singapore law firms tighten purse strings, adapt to changes in demand")?

Pretty sure retention will still be hit. How bad, I'm not sure. Employment yes, IA depends on subject matter.

At least one big 4 firm has announced retention. Not much change for that firm from last year -> close to 100%. There will be more updates after this week.

Originally Posted by Unregistered

At least one big 4 firm has announced retention. Not much change for that firm from last year -> close to 100%. There will be more updates after this week.

This must be A&G. The other big4 firms arent as financially sound.

Originally Posted by Unregistered

This must be A&G. The other big4 firms arent as financially sound.

R&T's financials is definitely nowhere as good.

I would have guessed it was either A&G or WP if I didn't already know that WP hasn't announced yet.

Originally Posted by Unregistered

At least one big 4 firm has announced retention. Not much change for that firm from last year -> close to 100%. There will be more updates after this week.

Anyone knows what is da retention rate for the MBFC I jlv?

Any other news regarding local big firms' retention rates? Rodyk, R&T and the JLVs/FLAs?

Appreciate all the discussion about US/Magic Circle and London salaries but it is unhelpful for us average performing peasants stuck with local firms