Lawyer Salary - Page 775 - 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
  #7741 (permalink)  
Old 18-07-2020, 11:03 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Ya high variance. Some of my friends negotiated for variable component pegged to billings. Very good deal cause they have good workflow.
Its true. Im an NQ with basic + variable arrangement - drawing average of around 6k each mth (excluding any bonuses, frontload or otherwise). One good thing about such pay structures is that the variable component of the pay makes you very motivated to chiong and get files/do more work.

Reply With Quote
  #7742 (permalink)  
Old 18-07-2020, 12:12 PM
Unregistered
Guest
 
Posts: n/a
Default

Heard WP got pay cut. Is this going to be permanent? How bad are they doing now?

Reply With Quote
  #7743 (permalink)  
Old 18-07-2020, 01:29 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Heard WP got pay cut. Is this going to be permanent? How bad are they doing now?
30% cut. Likely permanent. Also laying people off. Formal notice given on Friday.

Reply With Quote
  #7744 (permalink)  
Old 18-07-2020, 01:39 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
30% cut. Likely permanent. Also laying people off. Formal notice given on Friday.
30% pay cut sounds ridiculous. highly doubt this is true
Reply With Quote
  #7745 (permalink)  
Old 18-07-2020, 01:51 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
30% pay cut sounds ridiculous. highly doubt this is true
It's true. I think this guy is guesstimating but it's about right. It's a 10% cut to base and no bonus, so it's about 30%.
Reply With Quote
  #7746 (permalink)  
Old 18-07-2020, 08:29 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
It's true. I think this guy is guesstimating but it's about right. It's a 10% cut to base and no bonus, so it's about 30%.
WP assoc here. Can attest to this. Work has dried up a lot. Times are tough now and firm is tightening purse strings all around.
Reply With Quote

  #7747 (permalink)  
Old 18-07-2020, 09:00 PM
Unregistered
Guest
 
Posts: n/a
Default

I'm an assoc whose paycut got cut recently. Can anyone give any helpful insight as to whether partners' pay get cut as well?

Thanks.
Reply With Quote
  #7748 (permalink)  
Old 18-07-2020, 09:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I'm an assoc whose paycut got cut recently. Can anyone give any helpful insight as to whether partners' pay get cut as well?

Thanks.
I realised my question wasn't specific enough. I gathered that the revenue of the team has decreased generally. But do partners (both equity and paid) also agree on having their salary cut or do they just slash the pay of those under them?
Reply With Quote
  #7749 (permalink)  
Old 18-07-2020, 09:19 PM
Unregister
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I realised my question wasn't specific enough. I gathered that the revenue of the team has decreased generally. But do partners (both equity and paid) also agree on having their salary cut or do they just slash the pay of those under them?
EPs probably cut the pay of those below them to protect their own profits. That's capitalism for you.
Reply With Quote
  #7750 (permalink)  
Old 18-07-2020, 09:22 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregister View Post
EPs probably cut the pay of those below them to protect their own profits. That's capitalism for you.
Ouch. Work like a dog but when troubles come your pay is first to get cut.
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
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,267 Replies, 1,159,703 Views
Civil Servant Bonus Mid-2023 ( 1 2 3... Last Page)
251 Replies, 199,017 Views
Roles in accenture singapore ( 1 2 3... Last Page)
8,085 Replies, 2,548,913 Views
Lawyer Salary ( 1 2 3... Last Page)
21,394 Replies, 10,779,568 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
873 Replies, 466,425 Views
GIC offer ( 1 2)
13 Replies, 485 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,369 Replies, 3,960,468 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
18,005 Replies, 5,449,088 Views
Career as Teacher ( 1 2 3... Last Page)
11,687 Replies, 7,130,007 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,402 Replies, 1,222,335 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,535 Replies, 3,610,555 Views
ST Electronics ( 1 2 3... Last Page)
3,924 Replies, 1,656,043 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
928 Replies, 446,596 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
830 Replies, 474,944 Views
PMO (Prime Minister's Office... ( 1 2 3)
23 Replies, 7,959 Views
GovTech ( 1 2 3... Last Page)
6,589 Replies, 2,561,273 Views
ITE (lecturer) ( 1 2 3... Last Page)
283 Replies, 406,331 Views
DBS Bank career advancement,... ( 1 2 3... Last Page)
138 Replies, 311,410 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
350 Replies, 400,183 Views
AIC Agency of Integrated Care Jobs? ( 1 2)
16 Replies, 15,113 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
6,041 Replies, 4,886,181 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,942 Replies, 2,987,757 Views
Compare civil service salary ( 1 2 3... Last Page)
16,498 Replies, 12,888,159 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,469 Replies, 4,973,019 Views
A*Star (Agency for Science,... ( 1 2 3... Last Page)
44 Replies, 109,808 Views
INL Agency? Brand Communication...
4 Replies, 476 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,351 Replies, 696,484 Views
Job Application with MOE... ( 1 2 3... Last Page)
498 Replies, 665,691 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,632 Replies, 1,467,105 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 10:29 PM.


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