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  #701 (permalink)  
Old 15-04-2016, 09:53 AM
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100k gross comp for an associate in a local firm I would guess about Year 5-6, or even later depending on the generosity of the firm. But 100k is probably easily hit by juniors at international firms (i.e. Not the artificial tie ups).

Increments probably range from 400 onwards. AWS is not a thing in the firms that I know.
that doesn't sound correct

are you a lawyer?

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  #702 (permalink)  
Old 15-04-2016, 08:50 PM
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Any rumours about mergers between local firms?

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  #703 (permalink)  
Old 16-04-2016, 02:20 AM
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that doesn't sound correct

are you a lawyer?
he's definitely wrong...

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  #704 (permalink)  
Old 16-04-2016, 04:09 PM
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when do assocs break $100k total comp?

(let's say year of call = Year 1)
By Year 3, you should be making more than 100k in the Big 4 (after counting bonuses).
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  #705 (permalink)  
Old 17-04-2016, 06:13 AM
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that doesn't sound correct

are you a lawyer?
He's probably in a non-big 4 firm
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  #706 (permalink)  
Old 20-04-2016, 04:07 PM
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Is it true that the terms for TCs are now so bad, that most decent sized firms offer less than 2k allowance? Most firms don't even offer Part B allowance
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  #707 (permalink)  
Old 21-04-2016, 04:51 PM
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Is it true that the terms for TCs are now so bad, that most decent sized firms offer less than 2k allowance? Most firms don't even offer Part B allowance
Yes it's true. It's a demand and supply thing. I don't think firms are doing badly per se, but the fact is that they pay trainees less now just because they can, given the oversupply of graduates (i.e. if you're not willing to take up a TC in my firm for $1.5k p/m there's 20 other people waiting for your place, and good luck to you in finding another place)

But that being said, I think the Big 4 still retain their $2k p/m allowance.
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  #708 (permalink)  
Old 21-04-2016, 06:49 PM
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So Year 3 monthly only 6250++ assuming 100k gross? Or is this inflated to 7500 with front load?

Lol lawyers earn waaaaay less than I thought.
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  #709 (permalink)  
Old 21-04-2016, 10:55 PM
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Yes it's true. It's a demand and supply thing. I don't think firms are doing badly per se, but the fact is that they pay trainees less now just because they can, given the oversupply of graduates (i.e. if you're not willing to take up a TC in my firm for $1.5k p/m there's 20 other people waiting for your place, and good luck to you in finding another place)

But that being said, I think the Big 4 still retain their $2k p/m allowance.
Yeap but if you are first class Honours, feel free to demand for a 2k allowance anyway
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  #710 (permalink)  
Old 22-04-2016, 11:26 AM
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Yeap but if you are first class Honours, feel free to demand for a 2k allowance anyway
Yeap, and at the same time ask for a bonus as well.
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