How is it to be working as a Foreign Lawyer in Singapore?

How is it to be working as a Foreign Lawyer in Singapore?

Singapore is one of the prominent financial centres of the world. It has led the law firms from USA and UK to use Singapore as their base. This has offered an opportunity to the lawyers in Singapore to work for international clients. There are firms from UK, New Zealand, Australia, and Hong Kong who hire lawyers from Singapore.

If you work as an intern or doing temporary legal jobs in Singapore, you can get wide exposure as huge work comes from markets of Indonesia, Malaysia, Vietnam, and India. There is a demand for lawyers and compliance jobs in Singapore to cater these international assignments in various practice areas such as banking and finance, corporate, capital markets, disputes, and energy and project to name a few.

Singapore offers lucrative opportunity to lawyers for gaining excellent experience.

Other benefits that come along with these jobs are as follows: 1. Pay The US law firms based in Singapore have a competitive remuneration structure which offers higher pay than other markets. And who does not wish to work at a higher pay scale?

2. Lifestyle expenses Several studies have shown that the cost of living in Singapore is cheaper than other countries. This means that people can enjoy better lifestyle in Singapore than in other places.

3. Location Singapore has a perfect location which is close to both Australians and New Zealanders. It is only 8 flying hours away from Sydney.

4. Climate Singapore has a tropical climate where the temperature ranges around 32 degree during the day time and 26 degree at night. The temperature offers you the opportunity to enjoy the weather during your working hours.

5. Tax One of the best things about Singapore is that it has attractive tax rates. The corporate tax is quite low in comparison to other places such as Australia. The max tax rate is 17 to 18%. The personal tax rate doesn’t surpass 22%, any Australian lawyer would have a higher take-home than they would have in Australia.

There has been an increasing demand for project lawyers in recent past in Singapore. Thus, doing a compliance job in Singapore can help you gain huge exposure and opportunity to work on various exciting law cases that help in growing in your career.

Explore the web for more information and suggestions on choosing the temporary legal jobs that can help in gaining the required experience and growing ahead in your career.