Lawyer Salary - Page 1287 - 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
  #12861 (permalink)  
Old 26-07-2021, 02:04 PM
Unregistered
Guest
 
Posts: n/a
Default

That’s why we alr said if you compare big 4 and BMWL - which to go is a no brainer.

One pays you a base of 7.5

One pays you a base of 4.5 frontload ~1.5

The small firms pay you a base of 4.5 but if the firm does well financially you get 4-5 months. So same as b4, but for better hours

Reply With Quote
  #12862 (permalink)  
Old 26-07-2021, 03:42 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
That’s why we alr said if you compare big 4 and BMWL - which to go is a no brainer.

One pays you a base of 7.5

One pays you a base of 4.5 frontload ~1.5

The small firms pay you a base of 4.5 but if the firm does well financially you get 4-5 months. So same as b4, but for better hours
You're forgetting exit options. It's easier to jump to international firms and inhouse counsel roles with B4 on ur CV, which still carries some brand name and is widely regarded as a good training ground, at least for corp.

A small firm doesn't open that many doors and you would be seriously disadvantaged compared to the legion of B4 associates also looking to move around the same time.

Reply With Quote
  #12863 (permalink)  
Old 27-07-2021, 10:01 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
You're forgetting exit options. It's easier to jump to international firms and inhouse counsel roles with B4 on ur CV, which still carries some brand name and is widely regarded as a good training ground, at least for corp.

A small firm doesn't open that many doors and you would be seriously disadvantaged compared to the legion of B4 associates also looking to move around the same time.
some hiring managers in MNCs won't shortlist you if you don't have B4/intl firm experience

Reply With Quote
  #12864 (permalink)  
Old 27-07-2021, 04:28 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
why? Isnt front load a constant pay?
It's constant insofar as you stay in the firm (i.e. they aren't going to claw it back at the end of the year for "poor performance" or if they give you a "low bonus").

The way the bonus works is that you are "guaranteed" (unless you quit) x mths of bonus a year, that is frontloaded into your salary. And at the end of the year you get a discretionary y mths of bonus. Ignore the x mths of bonus (that's just your salary calculated another way for their benefit).

Essentially, it just allows the firm to get away with paying a "lower" bonus since a 6-7 mth bonus is actually 2-3 mths, as about 4 mths have been "frontloaded" into your salary throughout the year. Additionally, your 2-3 mths bonus is not even as high as you expect, since the bonus is based on "un-frontloaded" salary. It also allows firm to clawback your frontloaded "bonus" component of your salary if you choose to quit (since the bonus is contingent on you staying for the full quarter/mid-year/year).
Reply With Quote
  #12865 (permalink)  
Old 27-07-2021, 08:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Seems like the only conclusion from the above posts are there its not worth joining a sg firm
Reply With Quote
  #12866 (permalink)  
Old 27-07-2021, 09:31 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Seems like the only conclusion from the above posts are there its not worth joining a sg firm
agree. London better.
Reply With Quote

  #12867 (permalink)  
Old 27-07-2021, 10:00 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Seems like the only conclusion from the above posts are there its not worth joining a sg firm
i mean if u can join an int'l firm then of cos better la. the majority of people can't so suck thumb lor

Aiya anw you chose this path. lawyering is far from the best job in terms of effort-to-reward ratio, everybody knows that. u can hv a much better or more lucrative life doing other things

some jobs dont need to put in that many hours but you need to compete in other ways, like sucking up to the right ppl, wayanging playing office politics and tai-ching away work

other jobs like sales, you can get by if you're a smooth talker and know how to schoomze with various ppl. best industries r those u can do jack all and full of not so bright chiobus in the same industry u can trick into getting urself laid

at the junior level, law demands a certain kind of personality that requires u to suck it up or quit, and hang around highly strung plain-Jane nerdy girls to boot
Reply With Quote
  #12868 (permalink)  
Old 27-07-2021, 11:17 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
some hiring managers in MNCs won't shortlist you if you don't have B4/intl firm experience
Interned as a recruiter before. Can confirm this.
Reply With Quote
  #12869 (permalink)  
Old 28-07-2021, 08:49 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Seems like the only conclusion from the above posts are there its not worth joining a sg firm
It’s fine if you’re willing to suck up the shittier pay, same long working hours, for the prospect of making the leap to an international firm a couple of years post-qualification, get a decent in-house job, or the slim chance of making partner.
Reply With Quote
  #12870 (permalink)  
Old 28-07-2021, 10:04 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
i mean if u can join an int'l firm then of cos better la. the majority of people can't so suck thumb lor

Aiya anw you chose this path. lawyering is far from the best job in terms of effort-to-reward ratio, everybody knows that. u can hv a much better or more lucrative life doing other things

some jobs dont need to put in that many hours but you need to compete in other ways, like sucking up to the right ppl, wayanging playing office politics and tai-ching away work

other jobs like sales, you can get by if you're a smooth talker and know how to schoomze with various ppl. best industries r those u can do jack all and full of not so bright chiobus in the same industry u can trick into getting urself laid

at the junior level, law demands a certain kind of personality that requires u to suck it up or quit, and hang around highly strung plain-Jane nerdy girls to boot
It should be noted that at the junior level for corp, A&G and WongP corp provide good training which is superior to BMWL. They have an established system for training fresh graduates, although for corp one should always take an opportunity from CC if it arises. For litigation, for training purposes it would highly depend on the team you are assigned to. Davinder Singh chambers under DS himself > random litigator under Big 4/intl firm.
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
Compare civil service salary ( 1 2 3... Last Page)
16,346 Replies, 12,459,016 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,807 Replies, 1,045,692 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,325 Replies, 4,985,744 Views
Career as Teacher ( 1 2 3... Last Page)
10,857 Replies, 6,673,109 Views
GovTech ( 1 2 3... Last Page)
5,164 Replies, 2,165,231 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,459 Replies, 785,063 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,331 Replies, 1,142,735 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
311 Replies, 369,585 Views
Why Is Having a Google Virtual...
1 Replies, 6,800 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,240 Replies, 3,400,198 Views
JP Morgan ( 1 2 3... Last Page)
199 Replies, 173,540 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,050 Replies, 440,907 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,557 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,773,398 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
171 Replies, 309,710 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
680 Replies, 389,122 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,332,015 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,642 Views
Is getting a PMP worth it ?
4 Replies, 7,180 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,748 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,776 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,444 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,918 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,079 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,854 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,325,269 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,978 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,955 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,996 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,739,519 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:39 PM.


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