Lawyer Salary

Originally Posted by Unregistered

OP just burst the bubble of a lot of aspiring hci and ri dudes who want to go on to become a barrister in the city of London.
But the observations are quite accurate.
Eton and Oxford the traditional blue blood pathway
Then one of the top tier barrister sets - think Blackstone, Fountain Court, 39 Essex, along those lines. Just looking at their barrister’s list is giddying. 95% have an Oxbridge degree.
These are feared litigators globally.

Which is why it takes a certain type of person.

so how's retention across all firms going? :X

Yeah how is retention coming along? Also, would love to hear from the lawyers still in practice if it is true that "demand has surged for counter-cyclical practice areas such as restructuring and insolvency, commercial disputes, international arbitration, employment, and private wealth investments, said Mr Yong from Withers KhattarWong" (quote from The Straits Times' article "Singapore law firms tighten purse strings, adapt to changes in demand")?

Originally Posted by Unregistered

Yeah how is retention coming along? Also, would love to hear from the lawyers still in practice if it is true that "demand has surged for counter-cyclical practice areas such as restructuring and insolvency, commercial disputes, international arbitration, employment, and private wealth investments, said Mr Yong from Withers KhattarWong" (quote from The Straits Times' article "Singapore law firms tighten purse strings, adapt to changes in demand")?

Pretty sure retention will still be hit. How bad, I'm not sure. Employment yes, IA depends on subject matter.

At least one big 4 firm has announced retention. Not much change for that firm from last year -> close to 100%. There will be more updates after this week.

Originally Posted by Unregistered

At least one big 4 firm has announced retention. Not much change for that firm from last year -> close to 100%. There will be more updates after this week.

This must be A&G. The other big4 firms arent as financially sound.

Originally Posted by Unregistered

This must be A&G. The other big4 firms arent as financially sound.

R&T's financials is definitely nowhere as good.

I would have guessed it was either A&G or WP if I didn't already know that WP hasn't announced yet.

Originally Posted by Unregistered

At least one big 4 firm has announced retention. Not much change for that firm from last year -> close to 100%. There will be more updates after this week.

Anyone knows what is da retention rate for the MBFC I jlv?

Any other news regarding local big firms' retention rates? Rodyk, R&T and the JLVs/FLAs?

Appreciate all the discussion about US/Magic Circle and London salaries but it is unhelpful for us average performing peasants stuck with local firms

I also want to know about mid sized firms >.<