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  #5751 (permalink)  
Old 03-06-2020, 01:31 PM
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Absolutely this. I only started my LLM several months after i joined a European firm as regional counsel. The time in-between helps you decide (1) if you see yourself staying in-house long (2) if you really need the llm (3) what kind of llm or are other certificates more worthwhile? (eg PDPA/AML related) (4) which institution (just like Singaporean bosses prefer NUS grads, European firms with European bosses prefer European LLMs).

I was also pure-liti 3+ pqe. Learnt everything corp-commercial related otj. 2 man team, 12 jurisdictions, 52 legal entities. Dunno how i survived. heh.

I started off at a really low pay with this company. I jumped after 2 years and that's when my LLM really came in handy. It opened doors for me to higher paid regional positions with mncs (I would say on par with junior partner pay at big4).
Thanks for sharing.

In your inhouse roles, are often asked to make what are arguably commercial calls, such as whether to accept a contractual indemnity?

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  #5752 (permalink)  
Old 03-06-2020, 01:34 PM
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Absolutely this. I only started my LLM several months after i joined a European firm as regional counsel. The time in-between helps you decide (1) if you see yourself staying in-house long (2) if you really need the llm (3) what kind of llm or are other certificates more worthwhile? (eg PDPA/AML related) (4) which institution (just like Singaporean bosses prefer NUS grads, European firms with European bosses prefer European LLMs).

I was also pure-liti 3+ pqe. Learnt everything corp-commercial related otj. 2 man team, 12 jurisdictions, 52 legal entities. Dunno how i survived. heh.

I started off at a really low pay with this company. I jumped after 2 years and that's when my LLM really came in handy. It opened doors for me to higher paid regional positions with mncs (I would say on par with junior partner pay at big4).
Any idea what is a junior partner's pay at big4?

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  #5753 (permalink)  
Old 03-06-2020, 01:41 PM
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Any idea what is a junior partner's pay at big4?
20-25k pm.

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  #5754 (permalink)  
Old 03-06-2020, 02:57 PM
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20-25k pm.
that's a lot for an inhouse role
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  #5755 (permalink)  
Old 03-06-2020, 03:13 PM
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20-25k pm.
Salaried partners? How many PQE is that usually?
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  #5756 (permalink)  
Old 03-06-2020, 03:21 PM
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Salaried partners? How many PQE is that usually?
The number I gave above is for newly made partners. Those would be anywhere from 7 (for exceptional performers) to 10 PQE.


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  #5757 (permalink)  
Old 03-06-2020, 04:08 PM
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The number I gave above is for newly made partners. Those would be anywhere from 7 (for exceptional performers) to 10 PQE.
Isn't partnership almost always granted to 7PQE?
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  #5758 (permalink)  
Old 03-06-2020, 04:51 PM
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Isn't partnership almost always granted to 7PQE?
Nope, SA is usually pretty much automatic for 4PQE but not partnership.
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  #5759 (permalink)  
Old 03-06-2020, 06:29 PM
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Isn't partnership almost always granted to 7PQE?
Not anymore.
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  #5760 (permalink)  
Old 03-06-2020, 08:07 PM
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20-25k pm.
This is for equity partner. Junior partner at about 7PQE would be earning 15k
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