Lawyer Salary - Page 594 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Lawyer Salary

Reply
 
Thread Tools
  #5931 (permalink)  
Old 07-06-2020, 08:30 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I have left the legal industry and was working at in house for a couple of years before starting up my company. My company was doing pretty well for a few years but the Covid ordeal has turned the tables and now I am planning to end my journey as an entrepreneur (at least for a few years until the economy rides out of the storm). Any idea how employers would view my CV and are there any good opportunities for me in the legal market still?

My top choices would be the big four and mid-sized firms. If all fails, I can work at the smaller firms until I see better opportunities.

Times are hard and I wish I was in a stable career at this point of time.

Try deliveroo

Reply With Quote
  #5932 (permalink)  
Old 07-06-2020, 08:32 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
No choice. Big four or international firms usually donít hire people who left for a few years (unless you are doing sth significantly related to what that team does). There are many fresh blood out there who are keen to learn and they are cheaper labour. Also, chances are most departments are on a hiring freeze.

Small firms are trying hard to keep the jobs for the associates. I suggest you can further your studies or learn some new skills before trying for the legal industry. Good luck.
Agreed with this comment.
Thatís the reason why itís difficult for Chinatown to jump to Wilmerhale and similarly, vice versa. Scope of work is just too different....
Experience also too different.
And like poster said, once you leave for in house or other things, people donít view you with the same kind of ability to weather storm or adversity. Even if you can claim that in an interview...

Reply With Quote
  #5933 (permalink)  
Old 07-06-2020, 08:34 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I know you're joking, but food delivery earn more per hour than me and I daresay most junior assocs.

Seriously. Take your salary and divide it by the no of hours you clock in the month. The pink panda bringing your food to you at 8pm in the office while you review that agreement probably just made more money than you for that few minutes of work.

Not that I really care all that much about billing but you hand over heart tell me if taking a pay cut feels good. I'm not about to claim I do valuable, unreplaceable work. But it's still work, hard work, and lots of it with lots of professional risk associated. Times are bad, and I don't think I'm obliged to feel good that times are bad.
I am not joking. I pulled up next to a grab driver delivering food.
And he got his hands full. They are making money at the very least.
Law doesnít do well in a downturn. Thatís a fact. When bear sterns collapse, banking & finance practices were badly hit, itís all a cascading effect!!!

Reply With Quote
  #5934 (permalink)  
Old 07-06-2020, 08:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Itís a fact that one batch of new lawyers, 600-700 every year??
Many wonít stay or hold on a PC past 5 years.

If you happen to still be a lawyer after 5 years good for you.
But many wonít! So if you fall into that Category and have Long moved out, then donít think about re entering. Youíll be miserable.

Just move on. As said grab, deliveroo. Or other things. Accept the reality and move on....
Reply With Quote
  #5935 (permalink)  
Old 07-06-2020, 08:44 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I have left the legal industry and was working at in house for a couple of years before starting up my company. My company was doing pretty well for a few years but the Covid ordeal has turned the tables and now I am planning to end my journey as an entrepreneur (at least for a few years until the economy rides out of the storm). Any idea how employers would view my CV and are there any good opportunities for me in the legal market still?

My top choices would be the big four and mid-sized firms. If all fails, I can work at the smaller firms until I see better opportunities.

Times are hard and I wish I was in a stable career at this point of time.

I agree with the answers posted above with regards to your question. Personally, I would suggest working at a government org (try to show that you have some related skills) and then continue with your journey to entrepreneurship after a few years).
Reply With Quote
  #5936 (permalink)  
Old 07-06-2020, 08:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Thereís a lot a lawyer can do even if youíve been retrenched or furloughed.

Not sure if anyone knows thereís a US securities market starting at 9:30pm ending at 4:00am Singapore time. Just get a trading account - I donít have to teach cap markets lawyers or M&A lawyers who are the brokerage firms.
Reply With Quote

  #5937 (permalink)  
Old 07-06-2020, 08:52 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Thereís a lot a lawyer can do even if youíve been retrenched or furloughed.

Not sure if anyone knows thereís a US securities market starting at 9:30pm ending at 4:00am Singapore time. Just get a trading account - I donít have to teach cap markets lawyers or M&A lawyers who are the brokerage firms.
And as a 2pqe lawyer, surely you have at least $30-50k savings sitting somewhere, if not more. Thatís enough to trade!
Reply With Quote
  #5938 (permalink)  
Old 07-06-2020, 08:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I am. Not aunt agony thread but guess you can't talk salary without some discussion of how to earn it.

Unlike most people here idgaf about long working hours or awful colleagues or whatever. Occupational hazards, not gonna change anytime soon, just do it and collect money end of the month can liao.

The problem is the money to collect at the end of the month now getting less and less. Got any advice going forward? How to find clients, how to get business, anything. I do anything - crim, fam, wills, whatever. Civ also can. As long as state courts tier i can handle file on my own from start to finish no problem. Just cannot solo in HC os/trials yet, not no confidence, boss dont trust me to sully the firm name lol.

Seems a bit difficult to meet up with people now, cannot sit outside and office got all these restrictions. I know a junior like me shouldn't be applying my time and energy to this issue. But I basically given up looking for new assoc roles. Senior practitioners, how do you all do it? Got people just walk in your office and point at you and say I want you to do my divorce?
Be clas lawyer?
Reply With Quote
  #5939 (permalink)  
Old 07-06-2020, 10:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
And as a 2pqe lawyer, surely you have at least $30-50k savings sitting somewhere, if not more. Thatís enough to trade!
And then... Buy UPRO?
Reply With Quote
  #5940 (permalink)  
Old 07-06-2020, 11:10 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
And then... Buy UPRO?
Day trade. Not invest. It kills time.
Reply With Quote
Reply

Bookmarks

Tags
advocate, law, lawyer, legal, solicitor

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
From Lawyer Insider: Life is Glamorous but Unsatisfying Salary.sg Income and Jobs 31 15-01-2018 12:40 PM

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
14,626 Replies, 4,832,627 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,725 Replies, 1,339,902 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,776 Replies, 4,563,169 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
609 Replies, 357,461 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,063 Replies, 2,232,932 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,174 Replies, 3,310,356 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,745 Replies, 1,006,522 Views
Singapore Airlines ( 1 2)
17 Replies, 9,019 Views
MOT (Ministry of Transport)
5 Replies, 5,518 Views
IBM salaries ( 1 2)
16 Replies, 7,582 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,745 Replies, 1,467,093 Views
Lawyer Salary ( 1 2 3... Last Page)
20,864 Replies, 10,157,236 Views
Jobs with travel opportunities
7 Replies, 3,595 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
618 Replies, 315,607 Views
GovTech ( 1 2 3... Last Page)
4,960 Replies, 2,084,537 Views
Career as Teacher ( 1 2 3... Last Page)
10,208 Replies, 6,359,154 Views
Work culture in IHiS ( 1 2 3... Last Page)
700 Replies, 519,781 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,262 Replies, 697,214 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,264 Replies, 735,498 Views
Compare civil service salary ( 1 2 3... Last Page)
16,235 Replies, 12,263,051 Views
Enterprise Singapore hiriing... ( 1 2 3... Last Page)
180 Replies, 221,757 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,066 Replies, 3,665,032 Views
ITE (lecturer) ( 1 2 3... Last Page)
275 Replies, 377,474 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,983 Replies, 4,498,316 Views
Anyone work in JPM/GS/Morgan... ( 1 2 3... Last Page)
413 Replies, 155,100 Views
ST Electronics ( 1 2 3... Last Page)
3,638 Replies, 1,487,565 Views
Salary ranges in Big Tech in...
0 Replies, 316 Views
Micron starting pay ( 1 2 3... Last Page)
701 Replies, 384,351 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 12:56 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2