Lawyer Salary

All you guys wronging!!!

You all no talking many many...The relli rich are the academy/institute..Haha

MAI Sue me hor!!!!

Let me bring life to this old thread by giving some real world data.

I am in my 6th year of this profession, just been made a salaried junior partner in a medium sized local firm. Average pay is about 10k a month not including bonuses, and there is no CPF (apparently partners are considered self-employed).

My boss doesn't own my soul, but my hours are erratic, on occasion working 12-16 hours a day (not always).

I am sure that my peers in bigger firms are earning 1.5 times more, but they are also probably working longer hours.

Originally Posted by Unregistered

Let me bring life to this old thread by giving some real world data.

I am in my 6th year of this profession, just been made a salaried junior partner in a medium sized local firm. Average pay is about 10k a month not including bonuses, and there is no CPF (apparently partners are considered self-employed).

My boss doesn't own my soul, but my hours are erratic, on occasion working 12-16 hours a day (not always).

I am sure that my peers in bigger firms are earning 1.5 times more, but they are also probably working longer hours.

Thanks for the realistic and honest sharing. In my opinion, if u are not given employer's cpf, then your "actual" salary shld be computed as 85% of 10k when compared to other salaried employees across industries since most ppl are given 15% employer's cpf.

Nevertheless, if this is the 6th year of work since graduation from uni, it's still a great salary!

Originally Posted by Unregistered

Thanks for the realistic and honest sharing. In my opinion, if u are not given employer's cpf, then your "actual" salary shld be computed as 85% of 10k when compared to other salaried employees across industries since most ppl are given 15% employer's cpf.

Nevertheless, if this is the 6th year of work since graduation from uni, it's still a great salary!

CPF contribution is capped at 5k, so it's more like 92.5% of 10k.

Originally Posted by Unregistered

Let me bring life to this old thread by giving some real world data.

I am in my 6th year of this profession, just been made a salaried junior partner in a medium sized local firm. Average pay is about 10k a month not including bonuses, and there is no CPF (apparently partners are considered self-employed).

My boss doesn't own my soul, but my hours are erratic, on occasion working 12-16 hours a day (not always).

I am sure that my peers in bigger firms are earning 1.5 times more, but they are also probably working longer hours.

Linklaters partner = 35k a month, bonus 2years

Originally Posted by Unregistered

Linklaters partner = 35k a month, bonus 2years

This is interesting. 35k a month nett excluding bonuses? What are your hours like and how many years experience do you have?

can anyone shed light on how much a fresh grad can expect to be paid now? what is the monthly salary and the average number of months of bonus? and also what are the rates for the big 4, versus the mid-tier firms, and finally the small/third-tier firms?

bump for replies. interesting thread

Originally Posted by Unregistered

can anyone shed light on how much a fresh grad can expect to be paid now? what is the monthly salary and the average number of months of bonus? and also what are the rates for the big 4, versus the mid-tier firms, and finally the small/third-tier firms?

big 4 should be about 5k, median bonus about 2-3 mths

some mid tiers can match the big 4, i would expect median to be 4.5k with similar range of bonus

for small firms, median should be 4k, with similar range of bonus

disclosure: i have only worked in big 4 so my info on mid and small are educated guesses, pls feel free to correct

do those in the legal service go through part A/B exams like everyone else?