Lawyer Salary

Originally Posted by Unregistered

Does SMU sponsor their high performing summa graduates to Harvard for LLM bond free?

I'd you're not a chad or stacy, don't bother going to Smu

Originally Posted by Unregistered

Haha they'd be making a business loss as SMU has its own array of programmes.

Anyway that'd be so cool

I think they do. They have this special program to nurture high performing law graduates.
SMU is well funded.

Currently working inhouse in the financial sector sitting at 3 pqe/6k. Job scope is fairly interesting, lots of exposure, growth opportunities and interaction with management. That said, HR business partner has hinted that I might not get promotion/pay raise despite great appraisals due to Covid. Note that 6k might seem low in this forum, although speaking with peers it seems right about there.

Happy to hear thoughts about whether my fellow 3 pqes will be fine with such a package, and if no, what are your reasons, taking into account job security/atmosphere.

Originally Posted by Unrego

Currently working inhouse in the financial sector sitting at 3 pqe/6k. Job scope is fairly interesting, lots of exposure, growth opportunities and interaction with management. That said, HR business partner has hinted that I might not get promotion/pay raise despite great appraisals due to Covid. Note that 6k might seem low in this forum, although speaking with peers it seems right about there.

Happy to hear thoughts about whether my fellow 3 pqes will be fine with such a package, and if no, what are your reasons, taking into account job security/atmosphere.

Imho its q risky to be in a FLA or inhouse at an affected/high exposure industry.

Originally Posted by Unregistered

I'd you're not a chad or stacy, don't bother going to Smu

They made a song about my mom

Originally Posted by Unregistered

Imho its q risky to be in a FLA or inhouse at an affected/high exposure industry.

OP here.

Been in house for this particular role for quite some time. Company has firm plans and wallet to ride through this period. Just keen to do an evaluation on market rates.

Just wondering, are legal 500/chambers rankings a good gauge of the quality of the practice group/nature of work you get exposed to? Thanks!

Originally Posted by Unrego

Currently working inhouse in the financial sector sitting at 3 pqe/6k. Job scope is fairly interesting, lots of exposure, growth opportunities and interaction with management. That said, HR business partner has hinted that I might not get promotion/pay raise despite great appraisals due to Covid. Note that 6k might seem low in this forum, although speaking with peers it seems right about there.

Happy to hear thoughts about whether my fellow 3 pqes will be fine with such a package, and if no, what are your reasons, taking into account job security/atmosphere.

In this climate, job security is most important. Being jobless for long periods can really hurt self-esteem. No point being a high wage earner and then being made redundant in this market. The psychological barrier to accepting a pay cut for the next role can be daunting. Does your role involve some legal function or is it non-legal related? I heard compliance pays well so that might be the role you wish to gravitate for long term wage growth.

Originally Posted by Unregistered

Hi guys, I currently am occupying a junior in-house role. This role was financially supporting me while I was taking my Part A/B studies. Would it be good for me to do a TC now and start my career in the legal industry in this economic climate or would it be better to continue in my in-house role until the economy improves. Obviously if I do a TC, I would vacate my current job and the financial security it provides me with no guarantee that I could secure retention once I completed my tc in this current economy.

Anyone have anything else to add?

Originally Posted by Unrego

Currently working inhouse in the financial sector sitting at 3 pqe/6k. Job scope is fairly interesting, lots of exposure, growth opportunities and interaction with management. That said, HR business partner has hinted that I might not get promotion/pay raise despite great appraisals due to Covid. Note that 6k might seem low in this forum, although speaking with peers it seems right about there.

Happy to hear thoughts about whether my fellow 3 pqes will be fine with such a package, and if no, what are your reasons, taking into account job security/atmosphere.

Can someone clarify if an in-house 3PQE lawyer earns only 6k on average? In all honesty I find this quite appalling. That's around the figure big 4 A1/2s are drawing, and (from my understanding) similar to the average graduate with 4 years experience (taking into account 1 year of training/bar exam) in other private sector jobs.