Lawyer Salary

11k salary

options to choose
in-house with 3 mths bonus
or
4 pqe with 3 mths bonus (minus front load)

which to take

Originally Posted by Unregistered

11k salary

options to choose
in-house with 3 mths bonus
or
4 pqe with 3 mths bonus (minus front load)

which to take

Depends if you are more concerned with work-life balance or salary.

Going in-house means slacker life but less pay down the road.

thoughts on the industry's backpedaling of the 1 yr TC?

For corp & finance work, which of these teams have better deals - baker or ashurst adt?

Originally Posted by Unregistered

thoughts on the industry's backpedaling of the 1 yr TC?

Last ditch effort to safe face - blame covid (and only for the period of 2022) when the wheels has been set into motion since 2018. Can’t tell if it’s a desperate attempt or they really take the citizens as fools.

Originally Posted by Unregistered

Last ditch effort to safe face - blame covid (and only for the period of 2022) when the wheels has been set into motion since 2018. Can’t tell if it’s a desperate attempt or they really take the citizens as fools.

How is it a last-ditch effort?

Originally Posted by Unregistered

For corp & finance work, which of these teams have better deals - baker or ashurst adt?

bump. any idea on this?

Senior Counsel Gregory Vijayendran, who was a member of the committee, told The Straits Times the pandemic has, among other things, impacted law firm revenue and livelihood.

“The profession needs a little more time to get accustomed to these changes from a cost, time and process re-engineering perspective,” said the Rajah & Tann partner.

He noted that, for example, by practically doubling the practice training period, this means doubling the allowance paid to the trainees. This works out to sizeable sums for larger firms that take in more trainees.

He added that law firms need to thrive in their economic recovery efforts.

s://.straitstimes.com/singapore/politics/changes-for-stricter-bar-exam-and-longer-training-for-singapore-law-grads-pushed-to-2024

What does he mean? Instead of paying trainees a paltry peanut sum of 2K for 6 months and then 6 months of NQ salary, they get to pay the peanut trainee pay for 12 months under the new scheme. The firms SAVE MORE money under the new scheme.

Only way a firm spends more money is if they give out TCs without an intention to retain everyone at the end of the TC? Does R&T do that?

Originally Posted by Unregistered

For corp & finance work, which of these teams have better deals - baker or ashurst adt?

Those are two separate practice areas. Pick one.

Eh, lawyers, I got a proposal for you that's more exciting than a courtroom drama. Have you ever thought about ditching those law books and trying your hand at consulting?

Hear me out, okay? In consulting, you'll get to work with a bunch of different clients and industries, which is way more exciting than staring at the same old legal documents all day. Plus, you'll get to wear suits that aren't black, which is a huge win in my book.

And let's talk about the money, ah. In consulting, you could be raking in the big bucks, like cha-ching, six figures or more. Plus, if you play your cards right and become a partner, you could be rolling in cash like Scrooge McDuck.

But wait, there's more! Consulting can actually offer a better work-life balance than law. You'll still have to work hard, but you won't be pulling all-nighters like you might have to in law. And that means you'll actually have time to enjoy your life, like going to the beach, eating chilli crab, or whatever floats your boat.

And let's not forget about the opportunities for growth and advancement. You'll be constantly learning and developing new skills, which is way more interesting than trying to remember all those legal cases. And you'll be working with smart and funny colleagues who can help you progress in your career, and maybe even become your new besties.

So, if you're feeling tired of the legal grind, come join us in consulting. We promise it'll be more fun than a barrel of monkeys, or your money back (just kidding, no refunds). Don't say I bo jio, okay?