How much are you earning per annum?

Originally Posted by Unregistered

Says who? You?

Lmao

I do have quite a few doctor and lawyer friends at that age. They aren't at the top, yet they are earning 240k or more (annually).

25 yrs old

Total comp around 115k

Originally Posted by Unregistered

25 yrs old

Total comp around 115k

I 24 yrs old, total comp around 130k with 26 ALs

Originally Posted by Unregistered

I 24 yrs old, total comp around 130k with 26 ALs

27 yo, annual package 819K usd. No bonus.

Originally Posted by Unregistered

I 24 yrs old, total comp around 130k with 26 ALs

Nice once my RSUs vest it'll be around there

Minister, million dollars a year. Job scope: Smile and wave at camera times a week

Originally Posted by Unregistered

Says who? You?

Lmao

yo
Can't speak as to bankers, but am a lawyer so can comment. Shall only talk about private practice because inhouse is just like being a salaried employee liao.

The average local law grad gets called to the bar as a 26 y/o for men, 24 y/o for girls. So by 35 they're 9-11 PQE. At that point, a small - mid sized firm lawyer would be an equity partner. Your comp can range from 20k - 40k monthly depending on how many files you bring in / your compensation agreement.

If you're in a big firm or managed to make it to an international firm, you would be drawing 20k/month by 5-7 PQE. At 9-11 PQE, you might be a junior partner with some level of equity (if you stay in a big 4 firm) which would place your comp somewhere around 30-50k, or a senior associate / junior partner in an international firm which would you put you around 500-700k annually.

The point is, 240k SGD for a lawyer at 35 is really low. This would be an average lawyer though i.e. at least 2nd upper. I dont account for the morons who fail to get even that.

Originally Posted by Unregistered

yo
Can't speak as to bankers, but am a lawyer so can comment. Shall only talk about private practice because inhouse is just like being a salaried employee liao.

The average local law grad gets called to the bar as a 26 y/o for men, 24 y/o for girls. So by 35 they're 9-11 PQE. At that point, a small - mid sized firm lawyer would be an equity partner. Your comp can range from 20k - 40k monthly depending on how many files you bring in / your compensation agreement.

If you're in a big firm or managed to make it to an international firm, you would be drawing 20k/month by 5-7 PQE. At 9-11 PQE, you might be a junior partner with some level of equity (if you stay in a big 4 firm) which would place your comp somewhere around 30-50k, or a senior associate / junior partner in an international firm which would you put you around 500-700k annually.

The point is, 240k SGD for a lawyer at 35 is really low. This would be an average lawyer though i.e. at least 2nd upper. I dont account for the morons who fail to get even that.

Calm down paper pusher. There’s more to life than comp. Work so hard & earn so much but still feel the need to hop on an anonymous salary forum and label those studying law with classifications under 2:1 as morons.

Anw I would probably say only those above average hit above 20k base (lawyers) before age 35.

Originally Posted by Unregistered

I do have quite a few doctor and lawyer friends at that age. They aren't at the top, yet they are earning 240k or more (annually).

Top of any industries can also command higher than 240k at age 35. Question is, do you classify your peers as underachieving?

Originally Posted by Unregistered

Calm down paper pusher. There’s more to life than comp. Work so hard & earn so much but still feel the need to hop on an anonymous salary forum and label those studying law with classifications under 2:1 as morons.

Anw I would probably say only those above average hit above 20k base (lawyers) before age 35.

"paper pusher" - I guess you had to find a way to justify that your underearning life is better off than this guy somehow hahaha