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Today 06:36 AM
Unregistered All the talk about international firm is meaningless.
In UK, they are hiring people predominantly with the UK degrees (domestic), meaning your first class from Leicester, Bristol, Leeds, etc.
In Sg, the firms generally hire people from domestic (Sg), meaning NUS/SMU.

If you wanted to work in UK firms in UK, you should have studied in the UK with your AAA/A or AAB/A. Not much point complaining about the state of affairs.
Today 03:29 AM
Unregistered Just got my tc at Wong P, allowance at 3k
Today 03:26 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Bro, you ho sei bo? NQ = 5.8k, EP (x100) earning 7 mil a year? Unless you’re the top 3 lawyers in Singapore, who you kidding?

And if you x200, EP earning 14 mil a year? You hoseibo?
I am a EP in a big 4 firm. I can confirm. I earn 21mil a year.
Who you calling ho sei bo now?
Today 02:21 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Little bit of both, obviously bigger firms in the UK/US are willing to pay more for work and therefore law firms can charge higher rates (plus they have the benefit of higher exchange rates).

However, another point (the more important point) is that the benefits and compensation packages in the UK/US law firms are far flatter than SG. SG firms are stingy and therefore compensation is top-heavy. In the UK/US firms, the difference between an Assoc and EP is not as crazily high as in Singapore. For example, EPs in Singapore big4 may earn 100x-200x the compensation of an NQ/1PQE assoc, whereas that difference is far less in UK/US.
Bro, you ho sei bo? NQ = 5.8k, EP (x100) earning 7 mil a year? Unless you’re the top 3 lawyers in Singapore, who you kidding?

And if you x200, EP earning 14 mil a year? You hoseibo?
Yesterday 11:55 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
what is the market rate salary now for 0-3pqe at b4, mid-sized firms & small firms? does anyone know?
wanted to know this too
Yesterday 10:51 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Are local firms salaries low because local firms are simply stingy or is it the fact is that local firms can't bill as much as international firms due to the per hour billing requirement
Little bit of both, obviously bigger firms in the UK/US are willing to pay more for work and therefore law firms can charge higher rates (plus they have the benefit of higher exchange rates).

However, another point (the more important point) is that the benefits and compensation packages in the UK/US law firms are far flatter than SG. SG firms are stingy and therefore compensation is top-heavy. In the UK/US firms, the difference between an Assoc and EP is not as crazily high as in Singapore. For example, EPs in Singapore big4 may earn 100x-200x the compensation of an NQ/1PQE assoc, whereas that difference is far less in UK/US.
Yesterday 10:41 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Exactly lol. If it's high you'll obviously blast it to the world. The US/UK firms are so competitive because they're willing to do an upwards fight for talent. SG firms know most SG ppl dun dare complain, just depress wages as much as possible, once the majority of lawyers start leaving they know they've gone too far then raise abit can le.
Are local firms salaries low because local firms are simply stingy or is it the fact is that local firms can't bill as much as international firms due to the per hour billing requirement
Yesterday 09:51 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
2-3 months standard on top of frontloaded bonus (if your firm has frontloaded bonus).
2-3 months with frontload or w/o frontload.
Yesterday 07:50 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
How much bonus do law firms give out usually
2-3 months standard on top of frontloaded bonus (if your firm has frontloaded bonus).
Yesterday 06:03 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
How much bonus do law firms give out usually
Many many many
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