SALARY SURVEY 2013 - Robert Walters Singapore

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NETHERLANDSNETHERLANDSLEGALNETHERLANDSLEGALLEGALRobertWaltersGlobalSalarySurvey2013127Ourlegaldivisionisoneofthemarketleadersintherecruitmentofprofessionalswitharecognisedlawdegreeandrelevantexperiencewithincommerceandindustry,financialservicesandlawfirms.WeofferbothpermanentandtemporarysolutionsacrosstheNetherlands.MarketOverviewprivatepracticerecruitmentlevelsremainedstableinthefirsthalfof2012andincreasedslightlythroughoutthesecondhalfoftheyear.However,wesawfluctuatingdemandforin-houselegalprofessionalsthroughouttheyear.In-houseWhilejoblevelsincommerceandindustryvariedthroughout2012,wesawnotabledemandinsomespecificareas.Inparticular,businesseswithinthetechnology,construction,energy,FMCGandtelecommunicationsectorwerethemostactiverecruiters.Legalcounselswiththreetosixyears’post-qualifiedexperienceweremostindemandandtheseprofessionalsreceivedcompetitivesalaryoffers.Languageabilitiesandcross-jurisdictionalexperiencewereoftenhighlyvalued.Astherolestheywererecruitingfortypicallyhadawideremit,employerssoughtcommercially-awarelegalcounselswhocouldaddvaluetothebusiness.Whileimpactedbymarketconditions,recruitmentactivitywithinthefinancialservicessectorincreasedslowlyduringthesecondhalfof2012.Lawyerswithcapitalmarkets,restructuring/refinancingandLMAknowledgewereinhighestdemandwithinbusinessesinthisspace.Interestingly,therewasanincreasein“solecounsel”rolesamongbusinesseslookingtoreducethecostsassociatedwithoutsourcingtheirlegalwork.Forthesepositions,employerssoughtseniorprofileswithabroad(international)contractlawbackground.Mostlawyerswholookedtomovefromaprivatepracticetoin-houserolewerenotprimarilymotivatedbyanincreaseinsalary.Instead,manysoughttheopportunitytogainexposuretoamorecommercialrolewheretheirworkhadadirectimpactontheorganisation.PrivatePracticeTheprivatepracticerecruitmentmarketimprovedduring2012despitechallengingmarketconditions,withparticulardemandforjuniorassociateswith4-6years’PQE.Asin2011,medium-sizedandnichelawfirmsrecruitedmostconsistentlyastheysoughttomanageincreasedworkloads.Notably,wesawdemandwithintheseinstitutionsatthepartnerlevel.Recruitmentactivityencompassedabroadrangeofpracticeareas.WhiledemandacrosscorporateM&Afell,wesawincreasedhiringwithinfinanceandrestructuring,EUcompetitionandlitigation.Outlookfor2013In-houseWhilethemarketremainsunpredictable,weexpectittoimproveslightlyin2013withaprogressiveincreaseinrecruitmentdemandformid-to-seniorlevelcommercialandregulatorylawyersasaresultofincreasedlegislation.Uncertaineconomicconditionsmayalsocausecontractjoblevelstoincrease.Basesalarylevelsarelikelytoremainstablein2013.PrivatePracticeWeexpectcontinuedhiringdespitechallengingmarketconditions.Inparticular,weexpectdemandfor(corporate)litigationandrestructuringlawyerstocontinue,whilenicheandmedium-sizedlawfirmswillcontinuetohirepartnerswithportablebusinessnetworks.However,weexpectsalarylevelstoremainstable.ROLEINTERIMRATEPERHOUR€2012 2013InterimLegalCounselBanking&Finance €110-150 €110-150M&A €110-160 €105-160Compliance €100-150 €100-150CommercialContracts €100-140 €90-135NB:Figuresarebasicsalariesexclusiveofbenefits/bonusesunlessotherwisespecified.
NETHERLANDSNETHERLANDSLEGALNETHERLANDSROLEPERMANENTSALARYPERANNUM€1-4YRS'EXP 4-7YRS'EXP 7+YRS'EXP2012 2013 2012 2013 2012 2013LEGALIn-houseManager,LegalAffairs €80k+ €80k+ €115k+ €110k+ComplianceOfficer €47-55k €47-55k €55-90k €55-90k €95k+ €95k+LegalCounsel €42-57k €42-57k €57-80k €55-80k €80-105k €80-100kPrivatePracticeUS&UKFirms-Partner €250k+ €250k+DutchFirms-Partner €200k+ €200k+US&UKFirms-Associate €45-70k €45-70k €70-105k €70-105k €100-120k €100-120k+DutchFirms-Associate €42-60k €42-65k €60-90k €60-90k €90-100k+ €90-110k+LEGALNB:Figuresarebasicsalariesexclusiveofbenefits/bonusesunlessotherwisespecified.RobertWaltersGlobalSalarySurvey2013 128
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CONTENTSCONTENTSCONTENTSDüsseldorf
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LONDONLONDONACCOUNTING&FINANCEBANKI
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With inflation continuingto average
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INFORMATIONTECHNOLOGYHOCHIMINHCITYH
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SOUTHAFRICASOUTHAFRICAENGINEERING&N
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