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23-07-2019, 09:36 AM
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Quote:
Originally Posted by Unregistered
Hi, I have 4 years' PQE and am UK and Malaysia qualified. got an offer for 5.2k Base salary with 1 year AWS and VB for a legal inhouse role in a Singaporean company. Is what is being offered the standard market rate for my experience?
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What kind of company? Local/MNC? What sector?
I'm PQE 4, MNC, industries, SG qualified, LLB+LLM, base 8k + 1 mth AWS.
If its an MNC, you're definitely being underpaid.
Local company, i think you can nego for 6k sgd.
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23-07-2019, 10:00 AM
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Quote:
Originally Posted by Unregistered
What kind of company? Local/MNC? What sector?
I'm PQE 4, MNC, industries, SG qualified, LLB+LLM, base 8k + 1 mth AWS.
If its an MNC, you're definitely being underpaid.
Local company, i think you can nego for 6k sgd.
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It's a local Co in the biotech industry.
Thanks for helpful info!
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23-07-2019, 10:03 AM
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Quote:
Originally Posted by Unregistered
Hi, I have 4 years' PQE and am UK and Malaysia qualified. got an offer for 5.2k Base salary with 1 year AWS and VB for a legal inhouse role in a Singaporean company. Is what is being offered the standard market rate for my experience?
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that's derisory.
pretty sure the public sector pays more.
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23-07-2019, 11:23 AM
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PQE 2 inhouse 2 lawfirm. total 4, currently in local but not sme inhouse. SG qualified, LLB+LLM. 5k now thou
how much should i quote for my next jump?
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23-07-2019, 02:11 PM
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Quote:
Originally Posted by Unregistered
PQE 2 inhouse 2 lawfirm. total 4, currently in local but not sme inhouse. SG qualified, LLB+LLM. 5k now thou
how much should i quote for my next jump?
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Try for 15%-20%. The best way to get this is to join an MNC. Local companies are known to be pretty stingy when it comes to paying for corporate.
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23-07-2019, 07:01 PM
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Quote:
Originally Posted by Unregistered
For every battered wife, there is an asshole husband. You must be ok with telling both sides of the story - no matter what people say about you.
Most days you don't get to choose who you represent. On the off chance you get to choose your clients, and you choose to represent the battered wives... understand that you'll be agreeing to a lot of deferred payment schemes, if you even get paid. You cannot hope to earn much if you only represent battered wives.
Work for a firm that actually does family law litigation/mediation etc, not those firms that literally ONLY do e-filing of uncontested divorces. If the only experience you get after six months is filing uncontested divorces on e-lit, that's not good learning.
I know many lawyers who only do family law and do it happily. They believe in what they do and have made peace with the downside that comes with it.
Go in with your eyes wide open.
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i have never heard of deferred payment schemes. Your firm must be desperate for business. There is a high risk, u will incur cost, disbursements and never get paid. No cost on account, no talk. Doesnt matter if you represent the asshole husband. The most important thing is get paid.
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23-07-2019, 08:36 PM
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How long should I stay in practice before I can get an in house role paying at least five figures?
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23-07-2019, 09:37 PM
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Quote:
Originally Posted by Unregistered
How long should I stay in practice before I can get an in house role paying at least five figures?
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foreign banks pay 5 figs easily
reach out to recruiters
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24-07-2019, 09:38 AM
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Quote:
Originally Posted by Unregistered
foreign banks pay 5 figs easily
reach out to recruiters
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Agree with this. Can also try FIs or unicorn start-ups (think fintech).
Difficult in commerce and industries unless you're PQE 8-12 (Country/regional GC roles, easily 25k in MNCs) or if you specialize in IP (think luxury goods/FMCG/biochem), in which case PQE 4-7 can command 5 figures.
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