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  #16911 (permalink)  
Old 01-06-2022, 03:19 PM
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rajah and tann - 7.2k starting, nq can expect 92-108k annual salary after bonuses.
Accurate. Tho 2 months bonus more accurate for NQ

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  #16912 (permalink)  
Old 01-06-2022, 03:36 PM
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Litigation/disputes is looking increasingly bleak as time goes by.

First you have the new ROC which heavily incentivises ADR and settlement. Interlocs are now under one SAPT, which limits how much the lawyers on both sides can churn.

Then you have the recent LPA amendment allowing Conditional Fee Arrangements, which is basically one step removed from full-on champerty. All done in the name of enhancing Singapore's competitiveness as a dispute-resolution hub and weeding out unmeritorious claims i.e. shrinking the pie. Previously you could reject demands for no-win-no-fee arrangements on the basis of illegality. Now if a big MNC demands this, you can refuse but someone will eventually agree to it - again everyone loses.

Finally you have the issue about Gen Z associates which, to be fair, is not peculiar to disputes. Disclaimer i'm a millennial myself but frankly i don't fancy dealing with Gen Z assocs in the unlikely event I stay long enough to make partner. Won't be surprised if they will ask for twice as much for half the work.

And the EPs realise this too. Bumping salaries at the expense of retaining trainees, or worse, offering silly "perks" instead of bumping salaries, all just stopgap measures and can-kicking that they hope will last till they retire.

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  #16913 (permalink)  
Old 01-06-2022, 04:11 PM
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rajah and tann - 7.2k starting, nq can expect 92-108k annual salary after bonuses.
What's a s$10-20k bonus today? 1 long haul flight in first class and that $ is gone. Barely or not even enough for SQ suites.

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  #16914 (permalink)  
Old 01-06-2022, 04:58 PM
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One of the worst law firms in sg
explain? genuine question
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  #16915 (permalink)  
Old 01-06-2022, 06:18 PM
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What's a s$10-20k bonus today? 1 long haul flight in first class and that $ is gone. Barely or not even enough for SQ suites.
Stop penny pinching a EP makes millions
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  #16916 (permalink)  
Old 02-06-2022, 08:06 PM
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And here comes the BS again...
EthosBC salary guide 2022 says the salary ranges for Big 4 is:

First Yearer: $7.5K - $7.9K
2nd Yearer: $8.5K - $9.2K
3rd Yearer: $9K - $10.5K
4th Yearer: $10.5K - $11.8K
5th Yearer +: $12K & above

Seems correct leh. Or you saying EthosBC also BS-ing?

They have no reason to BS also. Most local firm placements/laterals for juniors also done thru direct hires, not through recruitment firms (cos Big 4 are too cheap to use recruiters and there's no lack of lateral applicants).
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  #16917 (permalink)  
Old 02-06-2022, 08:34 PM
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EthosBC salary guide 2022 says the salary ranges for Big 4 is:

First Yearer: $7.5K - $7.9K
2nd Yearer: $8.5K - $9.2K
3rd Yearer: $9K - $10.5K
4th Yearer: $10.5K - $11.8K
5th Yearer +: $12K & above

Seems correct leh. Or you saying EthosBC also BS-ing?

They have no reason to BS also. Most local firm placements/laterals for juniors also done thru direct hires, not through recruitment firms (cos Big 4 are too cheap to use recruiters and there's no lack of lateral applicants).
This is 100% wrong. It is too high even if I take "First Yearer" to mean 1PQE (not NQ).

Just go ask any of your B4 friends...
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  #16918 (permalink)  
Old 02-06-2022, 08:49 PM
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Hi, was wondering when the invitation to apply for jlc arrives? Would appreciate any insights!

Also wondering about this, I’m in the top 10% for smu but haven’t yet received anything
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  #16919 (permalink)  
Old 02-06-2022, 09:30 PM
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This is 100% wrong. It is too high even if I take "First Yearer" to mean 1PQE (not NQ).

Just go ask any of your B4 friends...
So EBC is bullshiatting? Rekruiters, come explain urselves pls. I thought u guys always lurking around here.
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  #16920 (permalink)  
Old 02-06-2022, 09:40 PM
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So EBC is bullshiatting? Rekruiters, come explain urselves pls. I thought u guys always lurking around here.
Since when have those salary guides ever been accurate?
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