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Topic Review (Newest First)
Today 01:05 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
True that nowadays (on linkedin) more DPPs jumping out to MC / Silver Circle firms? Successfully
Can anyone share what is the first year, second year pay for:

JLCs
DPPs
ARs

Esp for the JLCs and DPPs, seems like everyone is giving me different figures
Asked 5 ppl, got 5 different numbers man
Today 01:03 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
U
Uíre right. Above poster about BM is talking nonsense. Who would go there over Latham / White & Case / Sidley
Is BM commensurate with the silver circle firms?

Didnít know mid Atlantic US and silver circle UK firms were so close in pay
Today 12:07 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
LOL at the last part - name some? I know there is recruiting ongoing but it's pretty much ex-B4 and mostly in the litigation teams. The top quality corp lawyer aren't touching that with a ten-foot pole.
U
Uíre right. Above poster about BM is talking nonsense. Who would go there over Latham / White & Case / Sidley
Yesterday 11:45 PM
Unregistered For those who moved inhouse, what are the pros and cons?

Are the hours and stress just as much as in practice (big 4 especially)?
Yesterday 11:13 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I can confirm this is correct. BM is remodelling itself to become more along the likes of a Mid-atlantic / silver circle firm, and the new pay structure reflects this. It has also been recruiting real quality of late, including a number of FCH and ex-magic circle lawyers.
LOL at the last part - name some? I know there is recruiting ongoing but it's pretty much ex-B4 and mostly in the litigation teams. The top quality corp lawyer aren't touching that with a ten-foot pole.
Yesterday 10:17 PM
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.
I can confirm this is correct. BM is remodelling itself to become more along the likes of a Mid-atlantic / silver circle firm, and the new pay structure reflects this. It has also been recruiting real quality of late, including a number of FCH and ex-magic circle lawyers.
Yesterday 08:29 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
If you know what you want to practise in, I suppose it could make sense to do that in a B4 straight away for more focused experience. But I always think that if you know that you want to end up in an MC firm, you might as well start at an MC firm. The MC brand name >>> B4 and you can start gaining valuable experience for your CV from day 1. Also, you won't have to compete with your other B4 peers when you are looking to lateral into an MC a few years down the line. I just think the benefit of doing your TC at B4 doesn't outweigh the benefits of starting at MC (but that's my personal opinion).

As for the QLTS (now SQE) for E&W qualification, yes, you can 'easily' get that while working in B4. But I think MC / US firms in SG don't really care about E&W qualifications. US firms may care a bit about NY qualifications (and definitely if you intend to do US capital markets work). Just look at the profiles of SG lawyers in MC/US firms in SG - that will give you an idea of how many have E&W / US qualifications.
True that nowadays (on linkedin) more DPPs jumping out to MC / Silver Circle firms? Successfully
Yesterday 08:17 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
wait so when you get called in Aug in a B4, how much do you get? since you only get the 7.5k the following january
Bump 10 char
Yesterday 05:45 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
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?
If you know what you want to practise in, I suppose it could make sense to do that in a B4 straight away for more focused experience. But I always think that if you know that you want to end up in an MC firm, you might as well start at an MC firm. The MC brand name >>> B4 and you can start gaining valuable experience for your CV from day 1. Also, you won't have to compete with your other B4 peers when you are looking to lateral into an MC a few years down the line. I just think the benefit of doing your TC at B4 doesn't outweigh the benefits of starting at MC (but that's my personal opinion).

As for the QLTS (now SQE) for E&W qualification, yes, you can 'easily' get that while working in B4. But I think MC / US firms in SG don't really care about E&W qualifications. US firms may care a bit about NY qualifications (and definitely if you intend to do US capital markets work). Just look at the profiles of SG lawyers in MC/US firms in SG - that will give you an idea of how many have E&W / US qualifications.
Yesterday 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.
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