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07-01-2021, 11:18 AM
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Quote:
Originally Posted by Unregistered
Mind sharing the comp at these places for 4Pqe?
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European MNC - 8.2k, 13 months, discretionary bonus
US MNC - 8.5k, 13months, discretionary bonus
This was wayyyyyy before covid, mind you.
Both were also regional roles overseeing multiple jurisdictions in APAC.
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07-01-2021, 02:13 PM
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Quote:
Originally Posted by Unregistered
European MNC - 8.2k, 13 months, discretionary bonus
US MNC - 8.5k, 13months, discretionary bonus
This was wayyyyyy before covid, mind you.
Both were also regional roles overseeing multiple jurisdictions in APAC.
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can i ask if regional inhouse roles with legal + compliance work wrapped into one are siong?
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07-01-2021, 02:39 PM
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Quote:
Originally Posted by Unregistered
I feel disheartened cause my parents told me my cousin got a job in one of the tech startup and his starting pay is 5.6k fresh grad.
My parents told me I study lawyer only 5k and I overtime everyday.
I feel depressed.
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Can relate; my younger sibling went to poly and has a second lower local uni degree but 5k starting. Parents had high expectations for me but low expectations for him and we ended up in the same place anyway. No OT for him.
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07-01-2021, 03:42 PM
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Quote:
Originally Posted by Unregistered
can i ask if regional inhouse roles with legal + compliance work wrapped into one are siong?
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I would say that most companies have legal and compliance as a combined team unless it's a sector where there is significant regulatory oversight.
If you are worried about the siong-ness, you should ask the recruiter/interviewer what is expected and in what percentage. For instance, when i was with the european MNC, even though there was a "legal head" and "compliance head" in HQ, i was a "shared function" - 75% legal 25% compliance. Most mncs have well defined job scopes due to costing purposes (which team/function do i charge your cost to?).
I would say that my workload was reasonable, and if not for a poor manager i could probably have gone home before 6.30 most days.
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07-01-2021, 03:43 PM
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Quote:
Originally Posted by Unregistered
European MNC - 8.2k, 13 months, discretionary bonus
US MNC - 8.5k, 13months, discretionary bonus
This was wayyyyyy before covid, mind you.
Both were also regional roles overseeing multiple jurisdictions in APAC.
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Thanks helpful person!
Any significant non cash comp? Seems like quite a pay cut if one were to move even from Big4, much less UK/ US firms.
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07-01-2021, 04:14 PM
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Quote:
Originally Posted by Unregistered
Thanks helpful person!
Any significant non cash comp? Seems like quite a pay cut if one were to move even from Big4, much less UK/ US firms.
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Dude
how much you want in life? $8k not enough ah? Median salary in sg barely crossed $4k mark
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07-01-2021, 05:07 PM
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Quote:
Originally Posted by Unregistered
Dude
how much you want in life? $8k not enough ah? Median salary in sg barely crossed $4k mark
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yup, i went to law school and work lawyer hours to make median salary in sg.
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07-01-2021, 06:29 PM
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Quote:
Originally Posted by Unregistered
Thanks helpful person!
Any significant non cash comp? Seems like quite a pay cut if one were to move even from Big4, much less UK/ US firms.
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If money is what you're after, best to stay in practice. As an in-house, you're a cost center not a profit center. I don't mean this in a demeaning way, just that there is/will be a lot of politics regarding this issue and at the higher levels it will be a battle in terms of justifying your team's numbers.
Hmm. Good work-life balance. A LOT of travel (again, before covid). Managed to visit more than 10 countries within a period of less than 2 years. Having power over choice of law firms. LOVED the power trip.
What else are you looking at?
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07-01-2021, 07:20 PM
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Quote:
Originally Posted by Unregistered
If money is what you're after, best to stay in practice. As an in-house, you're a cost center not a profit center. I don't mean this in a demeaning way, just that there is/will be a lot of politics regarding this issue and at the higher levels it will be a battle in terms of justifying your team's numbers.
Hmm. Good work-life balance. A LOT of travel (again, before covid). Managed to visit more than 10 countries within a period of less than 2 years. Having power over choice of law firms. LOVED the power trip.
What else are you looking at?
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Law firms cannot overwork or bully employees nowadays.
But clients can bully lawyers. If I go telco shop or clinics they have a sign there to say treat their staff respectfully got queue number etc.
Why cant there be guidelines to stop clients from having power trips over lawyers because they cmi in practice and need to take revenge?
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07-01-2021, 07:20 PM
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Quote:
Originally Posted by Unregistered
Law firms cannot overwork or bully employees nowadays.
But clients can bully lawyers. If I go telco shop or clinics they have a sign there to say treat their staff respectfully got queue number etc.
Why cant there be guidelines to stop clients from having power trips over lawyers because they cmi in practice and need to take revenge?
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Lame. Just report them to their gc or their ceo and then get them fired.
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