Lawyer Salary - Page 708 - 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
  #7071 (permalink)  
Old 26-06-2020, 06:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
But by that time your IB friend would be Global President of XYZ bank. And you would still be paid less.
You're also forgetting bonuses. We've all just been talking about base pay. The bonus for IB is 3 to 10 months or more (if not tied to salary) (which is absolute bonkers).

Reply With Quote
  #7072 (permalink)  
Old 26-06-2020, 07:23 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Are you stupid? What kind of statement is that? How many "Global President of XYZ bank" do you think there are in Singapore? And how many big 4 equity partners are there?

The stupidity of the responses in this forum truly baffles me sometimes.
Did not say which role. The stupidity of assumptions made really baffles me.

Anyway, comparing JP to Vice President (7 years), VP earns double.

In those 7-10 years when you're progressing to JP, you already lost about half your salary to the IBers (>half a million difference over those 7 to 10 years).

At the top, if you compare MD vs EP, MD can get up to double incl bonus.

Reply With Quote
  #7073 (permalink)  
Old 26-06-2020, 07:34 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Did not say which role. The stupidity of assumptions made really baffles me.

Anyway, comparing JP to Vice President (7 years), VP earns double.

In those 7-10 years when you're progressing to JP, you already lost about half your salary to the IBers (>half a million difference over those 7 to 10 years).

At the top, if you compare MD vs EP, MD can get up to double incl bonus.
I mean if youíre in it for the $, yes do a relevant degree and try for IB. Doesnít mean youíll get into IB/thrive in IB/rise the ranks in IB. Takes a certain kind of individual/skill set which can be pretty different from law.

Reply With Quote
  #7074 (permalink)  
Old 26-06-2020, 07:34 PM
Unregistered
Guest
 
Posts: n/a
Default

Being an IB won't make your traditional Asian parents as proud of you compared to becoming a lawyer.
Reply With Quote
  #7075 (permalink)  
Old 26-06-2020, 08:43 PM
Unregistered
Guest
 
Posts: n/a
Default

should i work in uk or sg? heard trainees often get abused in sg, is it true?
Reply With Quote
  #7076 (permalink)  
Old 26-06-2020, 09:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I mean if youíre in it for the $, yes do a relevant degree and try for IB. Doesnít mean youíll get into IB/thrive in IB/rise the ranks in IB. Takes a certain kind of individual/skill set which can be pretty different from law.
But law also has a high attrition rate...

You see most people leaving this rather small industry sooner rather than latet
Reply With Quote

  #7077 (permalink)  
Old 26-06-2020, 09:07 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Got pay bump so dramatic meh? Diff btw drew 1PQE vs MBFC T1?
work less earn more?
Reply With Quote
  #7078 (permalink)  
Old 26-06-2020, 09:16 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
should i work in uk or sg? heard trainees often get abused in sg, is it true?
Not untrue. Singapore culture is just shitty I donít know why, hierarchical and seniors donít treat you like human.
Reply With Quote
  #7079 (permalink)  
Old 26-06-2020, 09:21 PM
Unregistered
Guest
 
Posts: n/a
Default

im now studying in uk (not oxbridge), is it better to apply for TCs here or uk?
Reply With Quote
  #7080 (permalink)  
Old 26-06-2020, 09:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
im now studying in uk (not oxbridge), is it better to apply for TCs here or uk?
Iím a junior lawyer working in London. Compared to my batch mates who went back to SG, I definitely feel that the training and workload is much better here. Pay wise, we earn more but we also have to pay for rent so you arenít going to see much difference financially for the first few years.

Prospects wise, if youíve got a TC in London youíve basically reached the ďpromised landĒ that every ambitious Singapore lawyer is aiming towards. From what Iíve seen in my firm, itís quite easy to leverage your experience into other rules in industry if you wanted.

Only downside is that the majority of your family and friends will be a 13 hour flight away.
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
Roles in accenture singapore ( 1 2 3... Last Page)
8,085 Replies, 2,548,795 Views
Lawyer Salary ( 1 2 3... Last Page)
21,394 Replies, 10,779,296 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
873 Replies, 466,319 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,264 Replies, 1,159,622 Views
GIC offer ( 1 2)
13 Replies, 464 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,369 Replies, 3,960,216 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
18,005 Replies, 5,448,649 Views
Civil Servant Bonus Mid-2023 ( 1 2 3... Last Page)
250 Replies, 198,529 Views
Career as Teacher ( 1 2 3... Last Page)
11,687 Replies, 7,129,636 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,402 Replies, 1,222,271 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,535 Replies, 3,610,448 Views
ST Electronics ( 1 2 3... Last Page)
3,924 Replies, 1,655,942 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
928 Replies, 446,568 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
830 Replies, 474,865 Views
PMO (Prime Minister's Office... ( 1 2 3)
23 Replies, 7,939 Views
GovTech ( 1 2 3... Last Page)
6,589 Replies, 2,561,161 Views
ITE (lecturer) ( 1 2 3... Last Page)
283 Replies, 406,329 Views
DBS Bank career advancement,... ( 1 2 3... Last Page)
138 Replies, 311,368 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
350 Replies, 400,154 Views
AIC Agency of Integrated Care Jobs? ( 1 2)
16 Replies, 15,112 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
6,041 Replies, 4,886,068 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,942 Replies, 2,987,722 Views
Compare civil service salary ( 1 2 3... Last Page)
16,498 Replies, 12,887,604 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,469 Replies, 4,972,774 Views
A*Star (Agency for Science,... ( 1 2 3... Last Page)
44 Replies, 109,804 Views
INL Agency? Brand Communication...
4 Replies, 475 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,351 Replies, 696,456 Views
Job Application with MOE... ( 1 2 3... Last Page)
498 Replies, 665,679 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,632 Replies, 1,467,087 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 09:33 PM.


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