Lawyer Salary

#**13381** (**permalink**) 08-09-2021, 07:19 PM

Quote:

Originally Posted by Unregistered

it depends on how strong the FLA merger structure is. i understand tt in some FLAs like Morgan Lewis Stamford and Withers KW, the Singapore EPs are also EPs of the global firm, and they have to be made global EPs on their own merit & business case. This makes a divorce less likely because they are pretty welded at the hip and integrated financially. Altho they must remain separate entities due to regulatory requirements including rules on non-SG lawyer ownership. I believe Stamford pioneered this structure.

for other looser FLAs or JLVs, probably by intention, e.g. Eversheds HarryE and RHT Taylor Wessing, there's probably arrangements allowing parties to review and walkaway after X years. Their financials aren't integrated, and local partners aren't necessarily partners of the international side. Since Dentons is a verein and separate profit pools in each of their local offices, there may be a chance that Dentons and Rodyk divorce in the future too.

If you're in the know, you'd know that for many of these true combinations, the international side is very ruthless about profitability and ask many non-performing local partners to go if they aren't delivering the required P&L metrics.

The sad fact is, many local partners are just not as productive, or have that good books of biz, or are of the same calibre as their international peers.

You made a good point about the differences in partnership profit sharing, and how tightly linked they are to their intl side.

But a FLA is still a FLA. Which means legally, whether it is Stamford law, DRD, or EHE. They are legally, distinct entities from the intl practice.
Bec tieups like these survive on a cooperation basis, they are not true offices created out of the international firm. So do not expect intl remuneration packages, or a dramatic increase in PEP for the Singapore side.

How to spot FLAs? Easy. If any part of their name, has got a Singapore variant (example Stamford, Rodyk, Harry Elias, RHT) & the SG side was in existence prior to the tieup (so exclude cavenagh which is created by Clifford chance)- They are not true internationals, period.

#**13382** (**permalink**) 08-09-2021, 09:27 PM

What is the salary scale for WP associate?

What about lateral hires at around from 1PQE

#**13383** (**permalink**) 08-09-2021, 10:20 PM

Quote:

Originally Posted by Unregistered

What is the salary scale for WP associate?

What about lateral hires at around from 1PQE

Are you from a small firm hoping to jump to a bigger firm and hoping not to have a PQE cut? Unless you're from some super cui firm you have nothing to fear.

They aren't going to cut your PQE if you're only 1PQE lol, the salary scale is quite rigid till SA level approaching partner level.

#**13384** (**permalink**) 09-09-2021, 10:08 AM

Quote:

Originally Posted by Unregistered

Are you from a small firm hoping to jump to a bigger firm and hoping not to have a PQE cut? Unless you're from some super cui firm you have nothing to fear.

They aren't going to cut your PQE if you're only 1PQE lol, the salary scale is quite rigid till SA level approaching partner level.

what's the usual scale?

#**13385** (**permalink**) 09-09-2021, 10:52 AM

Quote:

Originally Posted by Unregistered

Where did u get the impression from lol

I heard its a great place for training though

#**13386** (**permalink**) 09-09-2021, 02:32 PM

Whenever I see female lawyers walk past me in the office, I imagine ****ing them, I also imagine that their pussies are unshaven and super hairy, although they may be well groomed on the outside. After that I imagine them peeing on me, with their dribble splashing all over, that hissing sound is super hot when they need to go urgently after a few hours of intense drafting!!!