Today 08:30 PM | ||
Unregistered |
Quote:
In Big4, it is no longer the case that if you stay long enough, partnership is a given. Nowadays the partnership ranks are so saturated that it takes more than long service to make it to partner (think about it, 30+ years as a partner vs 7+ years as an associate - long-service promotion is unsustainable unless the Singapore economy grows exponentially every year). You need something more to set yourself apart. This means that the associate has to have a strong network, potential for a book of business, or angkat one or more partners' balls. If international firms have a limited number of "slots" for Asia-based partners (if there even is such an arbitrary concept), then Singapore law firms will probably similarly have a limited number of "slots" for Singapore-based partners. I've seen many many competent lawyers get passed up for promotion in my years at big4. It's a microcosm of the Singapore economy, really. Last time, middle class folks could afford a car and a house. This was during the economic boom. Now that the economy is plateauing, middle class folks can't afford ****. Same as big4 - last time, mediocre lawyers who lasted the distance could make it to "partner", and now it's way harder to do so. In any event, law firm business models are all the ****ing same - that includes Singapore law firms. Barring racism, why should the promotion criteria of international firms vs Singapore firms be any different? |
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Today 07:48 PM | ||
Unregistered | According to some learned friends in this forum, it depends on how much they like your face wor | |
Today 02:15 PM | ||
Unregistered |
Quote:
For int firms, they have a limited number of counsel/partner slots for the Asian market. You basically can't get it unless someone leaves or dies (or some senior partners argue heavily for you). Int firms get you to a higher pay fast, but the glass (Asian) ceiling is going to be hanging over your head. |
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Today 08:20 AM | ||
AssCake69 |
1 year TC Quote:
TSMP offering 2.5k during trainee and 3.5 after retention (which can start 2 month into TC)… it’s publicly on their website dude |
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Yesterday 11:55 PM | ||
Unregistered | How is Theodore Heng doing at Baker? | |
Yesterday 09:55 PM | ||
Unregistered | another troll... | |
Yesterday 07:43 PM | ||
Unregistered | Hows the launch of A&O Shearman coming along. Got up pay to NYC cravath level? | |
Yesterday 06:54 PM | ||
Unregistered | Hearsay for the new 1 year TC the second 6 months is 4k. True? | |
Yesterday 02:55 PM | ||
Unregistered |
Salary at big 4 Any idea what’s the salary range in big 4 firms for those called in 2019? |
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Yesterday 01:06 PM | ||
Unregistered | Can any disputes lawyer who has been in practice for a while (at least 7 years or so) give advise as to whether one should stay in big 4 disputes, and grind it out to make equity, or go to an international firm to practice arbitration and hope to one day make partner? I know equity isn’t guaranteed for either and people say it’s easier to make equity in big 4 - but does the better salary in an intl firm justify taking that risk? | |
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