Today 07:50 PM | ||
Unregistered | Can’t be bothered to scroll back a few pages eh | |
Today 04:55 PM | ||
Unregistered |
Can we go back to the purpose of this forum which is to share about legal practice salaries? What are the indicative salaries one can expect for NQ - 7PQE at Big 4, mid tier and boutique/Chinatown firms? |
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Yesterday 11:43 PM | ||
Unregistered | To add.. it’s my personal view that because some of these firms may not be able to retain “talent” (loosely defined) that well, the route for average folks to “partner” track or to “head” a practice is much easier. Just have a browse at the representative cases of young equity partners in some of these firms and make your own judgment. | |
Yesterday 11:36 PM | ||
Unregistered |
Quote:
As barriers to entry to set up one’s own firm is arguably low, question is whether you can generate your own pool of clients or require your firm to feed you. Some firms generate new clients through advertising budget, some have their own niche pool within the community. If you’re going into small firm, best if you are a generalist so you can then join a full services firm and take on whatever case comes your way. I won’t advise certain sectors where the pie is already shrinking and doesn’t pay that well in the first place, or where it is not easy to detach from your client after the end of a long day. Haha. Leave you to find your own sweet spot! |
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Yesterday 11:12 PM | ||
Unregistered | Actually do they pay well over long term? Am hoping to spend more time with family and wife | |
Yesterday 11:10 PM | ||
Unregistered | Just scrolling through and saw this exchange, whoever you are, you seem to have taken this very personally lol | |
Yesterday 10:10 PM | ||
Unregistered | People from "chinatown firms" make some of the biggest differences in people's lives. Do not look down on them. | |
Yesterday 07:33 PM | ||
Unregistered |
Quote:
What’s with the upturned nose at Chinatown firms though. Is the term synonymous with all small firms, as not all are located at Chinatown. One can’t deny that “Chinatown firms” have a role to play in keeping legal costs affordable for individuals whose legal cases don’t involve very specialised knowledge, where big firms are conflicted etc. And with the rise and ebb of a legal career’s trajectory, if one looks at the composition of some “Chinatown firms”, one may also find alumni from bigger firms who opt for the quieter life that doesn’t require too much BD. Don’t look down on the “Chinatown firm” as it may present a career option one day! |
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Yesterday 06:37 PM | ||
Unregistered | Soft flex from chinatown firm owner, don't need to record time, the unlucky fella who walked through the door will pay. It's not like they'll lawsoc you for overcharging or anything, right? | |
Yesterday 05:01 PM | ||
Unregistered | How do you record your time at your offshore firm for making a post like this? Under "Business Development" or "Admin" as an unbillable? | |
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