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Today 11:03 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
You guys are really missing the point...

15k/month for a junior B4 salaried partner here doesn't seem high when you're talking about MC/WS salaries, but they're more than happy with it because the goal for a local salaried partner is equity partnership. I know many B4 corporate partners who are more than good enough to immediately jump to offshore firms and triple their salaries, but they know that due to many factors their chances of making equity partnership if they do so become basically non-existent. They will stay because eventually, if they make EP, their salary will beat anything you can make in MC/WS bar EP there.

Of course, the above only applies for corporate teams. For litigation, they have no exit options, but the point remains that equity partnership is the goal. Remember when a local B4 liti HOD's salary was mentioned in parliament - it was in the millions annually.
The market is highly saturated. Even if you get JP now you are not likely to get EP. There are those that stay JP forever.

Anyway, the offshore associates will begin earning JP pay at a very low PQE.
Today 11:00 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Any insights on the training and progression at Drew liti vs R&T liti? Not sure if Drew is over-rated now especially after the departure of DS. R&T seems to have many more SCs.
R&T is better
Today 10:41 AM
Unregistered Any insights on the training and progression at Drew liti vs R&T liti? Not sure if Drew is over-rated now especially after the departure of DS. R&T seems to have many more SCs.
Today 09:31 AM
Unregistered You guys are really missing the point...

15k/month for a junior B4 salaried partner here doesn't seem high when you're talking about MC/WS salaries, but they're more than happy with it because the goal for a local salaried partner is equity partnership. I know many B4 corporate partners who are more than good enough to immediately jump to offshore firms and triple their salaries, but they know that due to many factors their chances of making equity partnership if they do so become basically non-existent. They will stay because eventually, if they make EP, their salary will beat anything you can make in MC/WS bar EP there.

Of course, the above only applies for corporate teams. For litigation, they have no exit options, but the point remains that equity partnership is the goal. Remember when a local B4 liti HOD's salary was mentioned in parliament - it was in the millions annually.
Today 05:48 AM
Unregistered 15k/mth (180k/annual) is quite high in sg esp if itís junior partner. Ofc canít compare to those in MC and whiteshoe overseas everything is relative. U paying london/NY rent & living expense obviously ur comp will be reflective of that. Even if itís in sg, your work load will be significantly higher than local so end of the day still getting what youíre putting out
Today 05:34 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
major law firm partner only 15k/mth!??!?
Should be accurate lar
Yesterday 11:36 PM
Unregistered Anyone has any info on the junior counsel role for ByteDance as well as the pay? They seem to be looking for NQ.
Yesterday 12:25 AM
Unregistered Kcl is the best. All my magic circle friends laughing at nus kids in local firms
08-05-2021 10:30 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Why is part a and b so hard recently
So easy lol....
08-05-2021 09:58 PM
Unregistered Why is part a and b so hard recently
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