Lawyer Salary

Originally Posted by Unregistered J

I've heard that the big 4 starts you off (after being called) at 5.5k. Does anyone know how much a mid-size firm offers?

You're about right. In 2012 (for freshly qualified lawyers), two of the big four firms start at 5k, one starts at 5.2k and another one starts at 5.7k. Offshore firms (ie UK magic/silver circles and US white shoes) pay much higher though, 8k+ if I'm not wrong.

Originally Posted by Unregistered

DPP for guys, abt 4600 to 4900 depending on your grade. Woman, about 3900.
Not sure about APP.

Wow. thanks for the info. how about average yearly increment? Then APP's pay should be lower than DPP since they report to DPP right?

Originally Posted by Trainee Lawyer

You're about right. In 2012 (for freshly qualified lawyers), two of the big four firms start at 5k, one starts at 5.2k and another one starts at 5.7k. Offshore firms (ie UK magic/silver circles and US white shoes) pay much higher though, 8k+ if I'm not wrong.

alamak... a young fresh lawyer already hit hdb ceiling, and cannot buy bto flat when he graduates... jialat lah for those wana settle down quickly and make babies to boast population... must work like a dog then can buy condo, but work so hard, then libido kena affect, how arh?

Originally Posted by Unregistered

alamak... a young fresh lawyer already hit hdb ceiling, and cannot buy bto flat when he graduates... jialat lah for those wana settle down quickly and make babies to boast population... must work like a dog then can buy condo, but work so hard, then libido kena affect, how arh?

why are you worried about them? they can always buy hdb resale flats, but it doesn't match their high flyer image. imagine suits-donning legal eagles coming out of a hdb lift and walking in the void deck alongside grumpy uncles and aunties. hilarious.

Was an arts student who stumbled into banking, and for the next good 10 years. Recently I have been reading up about law and wondering if my private banking experience would ever stand me in any good stead ?

Originally Posted by Unregistered

Was an arts student who stumbled into banking, and for the next good 10 years. Recently I have been reading up about law and wondering if my private banking experience would ever stand me in any good stead ?

It will certainly be helpful, your finance knowledge will be in demand in big law firms (who tend to do a lot of IPOs). However, you'd have to consider the opportunity cost of going back to law school + training. It'll take around 4-5 years and I'm sure that, as a banker, you will hit 5k in less than that amount of time.

trainee lawyer, which two big 4 firms start at 5k?

which is the one that starts at 5.7k? any hints?

Originally Posted by curious-unregistererd

trainee lawyer, which two big 4 firms start at 5k?

which is the one that starts at 5.7k? any hints?

I heard that the 5.7k firm also works its trainees & lawyers very hard, no free lunch in the world.

All four big firms are equally good (except A&G, which is the best IMO). If you can hold out at the big firms for six years, you'll be earning at least S$10k a month when you hit 30 (32 for men). Very competitive remuneration.

why is a&g the best? just because the minister came from there? they have so few SCs

and what happens after 6 years if you dont make partner?

Originally Posted by Trainee Lawyer

I heard that the 5.7k firm also works its trainees & lawyers very hard, no free lunch in the world.

All four big firms are equally good (except A&G, which is the best IMO). If you can hold out at the big firms for six years, you'll be earning at least S$10k a month when you hit 30 (32 for men). Very competitive remuneration.

regarding the above, for just an estimate - how much do the non-equity partners earn?