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Today 09:35 AM
Unregistered "MinLaw to better support training, upskilling of in-house lawyers: Shanmugam"

Anyone else feels like this is just a load of BS from the boomers in industry?

They make up nonsense like increase TC period, make trainees doing the bar have to pay 200-300 dollars for redundant courses that were already taught in Part B before their TC can be "finalized", have a stagnant pay for NQ lawyers for the past 10-15 years and then wonder why the hell everyone is leaving the industry or going in house.

Now that they realised people are going in house, they want to suck off more money from them and put out this nonsense like "training in house counsels"? More like introduce mandatory redundant courses that have no value to them but costs a few hundred bucks each.
Today 08:37 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
You are very likely going to be managed out in B4 if you can't be pushed up either. Just a slightly longer runway
As in like a late 30s JP?
Today 08:31 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Is it true international firms will ask folks to leave if they can’t make the assoc to counsel jump? Or counsel to partner leap?

Or no such thing? Or be JP at big 4 and play safe?
You are very likely going to be managed out in B4 if you can't be pushed up either. Just a slightly longer runway
Yesterday 09:30 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Agreed with your range.
Are you a JP? All these people throwing figures around but only one person has said they made JP last year.
Yesterday 09:10 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Agreed with your range.
Is it true international firms will ask folks to leave if they can’t make the assoc to counsel jump? Or counsel to partner leap?

Or no such thing? Or be JP at big 4 and play safe?
Yesterday 01:31 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Lol stop trying to put out fake news.

First to third year JPs in big4 are approx 17-18k+ base, with 1-2month max of bonus. Unless you’re reeling in huge books of business, which is impossible at this stage.
Agreed with your range.
22-04-2024 07:29 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Lol stop trying to put out fake news.

First to third year JPs in big4 are approx 17-18k+ base, with 1-2month max of bonus. Unless you’re reeling in huge books of business, which is impossible at this stage.
Source? Are you a JP? You know most big 4 JP comp structure includes a percentage of billings right
22-04-2024 04:12 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
300K for total comp (12 + 4 months) sounds about right
Lol stop trying to put out fake news.

First to third year JPs in big4 are approx 17-18k+ base, with 1-2month max of bonus. Unless you’re reeling in huge books of business, which is impossible at this stage.
22-04-2024 02:31 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
stfu he's talking out of his a$$ what substance are you talking about.

if you think what he's saying has substance i recommend not coming into this industry. This industry is already full of overpaid idiots. Some from local uni some from foreign uni. Both types also have so its not even about the type of uni that breeds these idiots.

You need to have a certain level of IQ to make it in this industry and if this is the level of substance you guys enjoy debating over then please go do accountancy instead.
ayy lmao bruh chill im the OP this fool is replying but thank you for stating my point. this guy is a troll.
22-04-2024 02:30 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
To be fair, he's putting good points while you're just bashing him without substance. At least he puts out substance lol

Personally, I'm interested to hear more on this discussion

I didn't know there were so many in-house internships available for nus/smu kids lol
stfu he's talking out of his a$$ what substance are you talking about.

if you think what he's saying has substance i recommend not coming into this industry. This industry is already full of overpaid idiots. Some from local uni some from foreign uni. Both types also have so its not even about the type of uni that breeds these idiots.

You need to have a certain level of IQ to make it in this industry and if this is the level of substance you guys enjoy debating over then please go do accountancy instead.
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