Lawyer Salary

Any recent revisions to the Big 4 salary scale? Is the bunching up of salaries at the senior associate level a problem now that they've bumped up the junior assoc salaries

I'm currently a student sitting for the part B, I was wondering how I could switch to a different career such as the MFA

Originally Posted by Unregistered

I'm currently a student sitting for the part B, I was wondering how I could switch to a different career such as the MFA

Join us at Fervent Chambers. We do law differently, and handle all of the main defamation cases in Singapore. We also offer 7.5k for starting salaries. You can definitely have MFA - More Fervent Action with us.

Originally Posted by Unregistered

Join us at Fervent Chambers. We do law differently, and handle all of the main defamation cases in Singapore. We also offer 7.5k for starting salaries. You can definitely have MFA - More Fervent Action with us.

Love this plug

Originally Posted by Unregistered

Join us at Fervent Chambers. We do law differently, and handle all of the main defamation cases in Singapore. We also offer 7.5k for starting salaries. You can definitely have MFA - More Fervent Action with us.

Why are lawyers paid so much?

Originally Posted by Unregistered

Why are lawyers paid so much?

$7.5K is low bro. In this day and age, if you don't start with at least $10K salary for a so-called elite course, you're considered mediocre. Except for medicine tho - suck it up too bad because public healthcare and all that. But doctors have very long runway to earn money.

I would say that lawyers are grossly underpaid in Singapore, even at the top/big local firms (which is around $7K to $7.5K also for newly qualifieds). Most of the revenue goes to partner profits. I think it can be distributed more equitably.

To answer your question - the market pays what it wants to. I'm referring to both salaries, and client fees.

Originally Posted by Unregistered

$7.5K is low bro. In this day and age, if you don't start with at least $10K salary for a so-called elite course, you're considered mediocre. Except for medicine tho - suck it up too bad because public healthcare and all that. But doctors have very long runway to earn money.

I would say that lawyers are grossly underpaid in Singapore, even at the top/big local firms (which is around $7K to $7.5K also for newly qualifieds). Most of the revenue goes to partner profits. I think it can be distributed more equitably.

To answer your question - the market pays what it wants to. I'm referring to both salaries, and client fees.

How can associates convince partners to share more of the profits?

Originally Posted by Unregistered

$7.5K is low bro. In this day and age, if you don't start with at least $10K salary for a so-called elite course, you're considered mediocre. Except for medicine tho - suck it up too bad because public healthcare and all that. But doctors have very long runway to earn money.

I would say that lawyers are grossly underpaid in Singapore, even at the top/big local firms (which is around $7K to $7.5K also for newly qualifieds). Most of the revenue goes to partner profits. I think it can be distributed more equitably.

To answer your question - the market pays what it wants to. I'm referring to both salaries, and client fees.

This is correct. Just looking at international firms in SG, the magic circles starting pay is 15k, while US firm is above that and maybe even 23k

Originally Posted by Unregistered

Join us at Fervent Chambers. We do law differently, and handle all of the main defamation cases in Singapore. We also offer 7.5k for starting salaries. You can definitely have MFA - More Fervent Action with us.

What’s up with the latest saga between Iris Koh and Clarence Lun? Heard he sued her for bankruptcy after she refused to pay his interns $500/hr?

How do I make the move from B4 to international firm?

I am 5pqe in litigation. I want to go corp, possible?