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Today 04:22 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Hours aren't better in corp as well. The things that makes corp better compared to liti, is that you have much lesser timelines to comply with (but you still have to comply with your clients' deadlines) and there is no pressure to "win".

Many interns and trainees think going to Court and fighting out in a trial is glamorous but in reality, the amount of preparatory work it takes behind the scenes is insane and good luck if you want to collect fees from client if the judge rules against your client and order costs. This alone is enough to make many switch to corp from liti.
Liti is easy. Much easier than corp. Its just talking.
Today 03:16 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Anyone in big 4 litigation been working like 5 days a week (and weekends) till late night? How do you adjust to the hours and the stress?
Should I transfer to corp? Are the hours better?
Hours aren't better in corp as well. The things that makes corp better compared to liti, is that you have much lesser timelines to comply with (but you still have to comply with your clients' deadlines) and there is no pressure to "win".

Many interns and trainees think going to Court and fighting out in a trial is glamorous but in reality, the amount of preparatory work it takes behind the scenes is insane and good luck if you want to collect fees from client if the judge rules against your client and order costs. This alone is enough to make many switch to corp from liti.
Today 12:40 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
How about doing corp in B4, and apply for QLTS on the side and get E&W qualified too?

Then apply to US firms with 2 years specific corp PQE?

Vs 2 year rotation?

Thanks!
US firms donít really care about E&W qualification IMO, at least for corporate transactional practices (excl. banking / finance). Focus is more on getting NY-qualified.

You can apply direct to US firms from B4 with just a SG bar qualification, though of course NY qualification may put you ahead of other applicants.
Today 11:16 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
TSMP paying 9k NQ. New market high
where did you hear that from? pretty sure if thats true it would be blasted everywhere on linkedin
Today 11:09 AM
Unregistered any thoughts on joining non white shoe US firms? better than big4 here?
Today 09:42 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
You're welcome.

By 2 year rotation programmes, I assume you mean the international firms' 2 year training programmes where you spend 2 years as a trainee and rotate across 4 practice areas, and then qualify as an NQ afterwards (even though you are already SG qualified after the first 6 months)? I know CC and Links offer this, and with Links you become SG and UK qualified.

If so, I would say it's quite a bit better to do your TC with an international firm, simply because you're essentially guaranteed a job with an international firm (assuming you are retained). Your career shouldn't be slowed down due to the rotation across practice areas, and in most cases this wider exposure is actually a benefit to you. The training at MC firms is also on the whole, much better than your average B4. TCs from MC firms are also MUCH harder to get than B4.

In terms of timing, bear in mind that as a general rule, laterals from B4 to MC firms get a 1-2 year PQE discount. This means there shouldn't be much of a difference in PQE between candidates who graduate at the same time, where one did the 2 year trainee programme with an international firm, and the other lateraled after training at a B4. But of course, your mileage may vary.

All in all, I would almost definitely always choose the international (MC) firm TC over a B4 TC.
How about doing corp in B4, and apply for QLTS on the side and get E&W qualified too?

Then apply to US firms with 2 years specific corp PQE?

Vs 2 year rotation?

Thanks!
Today 09:39 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
You're welcome.

By 2 year rotation programmes, I assume you mean the international firms' 2 year training programmes where you spend 2 years as a trainee and rotate across 4 practice areas, and then qualify as an NQ afterwards (even though you are already SG qualified after the first 6 months)? I know CC and Links offer this, and with Links you become SG and UK qualified.

If so, I would say it's quite a bit better to do your TC with an international firm, simply because you're essentially guaranteed a job with an international firm (assuming you are retained). Your career shouldn't be slowed down due to the rotation across practice areas, and in most cases this wider exposure is actually a benefit to you. The training at MC firms is also on the whole, much better than your average B4. TCs from MC firms are also MUCH harder to get than B4.

In terms of timing, bear in mind that as a general rule, laterals from B4 to MC firms get a 1-2 year PQE discount. This means there shouldn't be much of a difference in PQE between candidates who graduate at the same time, where one did the 2 year trainee programme with an international firm, and the other lateraled after training at a B4. But of course, your mileage may vary.

All in all, I would almost definitely always choose the international (MC) firm TC over a B4 TC.
I agree with you fully on pretty much every point. But if I already know what I would like to practise in, say B&F, or M&A, or DCM, would it be more worthwhile to get 2 years of PQE in the B4 then?

While in the B4, I get called in SG first, then clear the QLTS on the side to get E&W qualified?
Today 09:36 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Yes, BM NQ is 9.5k (from call, not from January like the B4)

2019 call is around 15.5-16k. B4 is around 10.5-11k.
Whoa, so big difference with a few years of PQE in?

Thatís like 50% more!
Today 08:55 AM
Unregistered Any thoughts on R&T TMT for TC applications?

Also, exit opportunities?
Today 02:11 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Am the OP. Thanks so much for the answer!

Could I ask whether itís more worthwhile to get called in Singapore first, do a stint with the SG Big 4 and then jump to an international firm? Or getting into one of those 2-year rotation programmes and do stints in various practice areas?

Iím asking because clocking in the 2 PQE seems better than 4 x half year PQE in 4 areasÖ
You're welcome.

By 2 year rotation programmes, I assume you mean the international firms' 2 year training programmes where you spend 2 years as a trainee and rotate across 4 practice areas, and then qualify as an NQ afterwards (even though you are already SG qualified after the first 6 months)? I know CC and Links offer this, and with Links you become SG and UK qualified.

If so, I would say it's quite a bit better to do your TC with an international firm, simply because you're essentially guaranteed a job with an international firm (assuming you are retained). Your career shouldn't be slowed down due to the rotation across practice areas, and in most cases this wider exposure is actually a benefit to you. The training at MC firms is also on the whole, much better than your average B4. TCs from MC firms are also MUCH harder to get than B4.

In terms of timing, bear in mind that as a general rule, laterals from B4 to MC firms get a 1-2 year PQE discount. This means there shouldn't be much of a difference in PQE between candidates who graduate at the same time, where one did the 2 year trainee programme with an international firm, and the other lateraled after training at a B4. But of course, your mileage may vary.

All in all, I would almost definitely always choose the international (MC) firm TC over a B4 TC.
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