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Today 06:59 PM
markharris Hi everyone, first-poster here. Would appreciate your kind advice. Apologies for vagueness, Singapore is small.

For singaporeans studying law in UK unis currently, what are the pros and cons of coming back to singapore to practise vs getting a TC in a City/MC firm in London?

Background: Oxbridge law degree (2.1), secured several offers from local firms and one of the top 2 International JLV (not CC)

Practice area: Dispute resolution, particular focus on International Arbitration.

Aside from the obvious financial benefits of working in london, would appreciate any further insights. Thanks !
Today 08:27 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
hmmm.

Regarding pay...

Unless you're equity partner level/international law firm scale, most MNCs will try to match or give you an increase. From two rounds of job hunting, the places that can't pay are generally quite upfront about it (the ceiling cap for this role is blahblah...). It's also why recruiters will usually ask what's your expected in the first 1-2 phone calls. Be honest with the recruiters ... and yourself.

Regarding challenges....

Politics defers from company to company but in the 2 European MNCs i worked for, it was an everyday affair.

You'll face outright opposition from the businesses. Many people won't like what you have to say. Many people will expect you to take decisions you simply cannot take. Many people will throw you under the bus for taking or not taking said decisions.

Surviving is easy, thriving is an art form.

Are you able to share how you survive or thrive there?
Yesterday 04:03 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Thanks everyone for your help this far! What are the specific challenges of working in house and is there a lot of politics ? Separately, in determining salaries, do in house employers generally look specifically to a candidate’s last drawn salary in private practice and establish a percentage cut from there ?
hmmm.

Regarding pay...

Unless you're equity partner level/international law firm scale, most MNCs will try to match or give you an increase. From two rounds of job hunting, the places that can't pay are generally quite upfront about it (the ceiling cap for this role is blahblah...). It's also why recruiters will usually ask what's your expected in the first 1-2 phone calls. Be honest with the recruiters ... and yourself.

Regarding challenges....

Politics defers from company to company but in the 2 European MNCs i worked for, it was an everyday affair.

You'll face outright opposition from the businesses. Many people won't like what you have to say. Many people will expect you to take decisions you simply cannot take. Many people will throw you under the bus for taking or not taking said decisions.

Surviving is easy, thriving is an art form.
Yesterday 03:46 PM
Unregistered Taylor Root Singapore Private Practice Guide 2019-20 for your information just so that you can know how underpaid you are relative to your MC/US firm peers:

s://indd.adobe.com/view/c8770361-c50b-4d44-abd0-1ea104c53193
Yesterday 10:53 AM
Unregistered Thanks everyone for your help this far! What are the specific challenges of working in house and is there a lot of politics ? Separately, in determining salaries, do in house employers generally look specifically to a candidate’s last drawn salary in private practice and establish a percentage cut from there ?
17-09-2019 01:18 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Which platforms should one go to look for in house roles in large MNCs? Would they generally use recruiters or would they use platforms such as job street and jobs bank.
Both.

Both the MNCs I used to work at go through recruiters + Linkedin simultaneously. As for online platforms, MNCs generally stick to Linkedin and not so much websites like jobstreet which is morel local.

Focus on both recruiters and LinkedIn equally if you don't have a specific specialization or industry in mind.

If you have a specific specialization in mind - eg IP (very hot now and companies generally willing to pay big bucks), or a specific industry in mind - eg Construction (demand is there but companies not wiling to pay), then focus on recruiters.

If you're looking at tech companies or new age hipster firms (google, wework, grab, uber, blah blah), then focus more on LinkedIn. These companies mostly do recruiting in-house.
17-09-2019 11:11 AM
Unregistered Which platforms should one go to look for in house roles in large MNCs? Would they generally use recruiters or would they use platforms such as job street and jobs bank.
16-09-2019 02:45 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
agree
if you aren't willing to set aside your ego and take a pay cut, stop whining and stay in practice
From experience, the pay cut is generally worth it considering the work-life balance and time off and flexi work arrangements and what not.... especially for people with family to take care of.
16-09-2019 02:43 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
15 to 20k, easy. If your PQE is from international firms.
Agree.

I don't think you'll get 15-20k at pqe 6 if your experience is largely local and non-specialist. The economy isn't doing well at the moment and in-house positions are cost centers. I think it would be wise to temper expectations for next few years.

If you've been a "generalist" at a local law firm, i'd say more likely between 8-12k for pqe 6.

Still not bad imo.
11-09-2019 01:10 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
it might mean your current pay is too high.
take a 20-30% pay cut. worth it for your sanity
unless you have a mortgage and car loan to pay then stick to your current job
agree
if you aren't willing to set aside your ego and take a pay cut, stop whining and stay in practice
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