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There was a provocative article about a large

Tmarket 2024. 3. 14. 01:09
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There was a provocative article about a large law firm lawyer earning 600 million won per person. It is a link that usually goes around in connection with the increase in the number of medical schools.

Below are a few things related to…

1.
Even if more medical schools are added, doctors' income will increase. I'm sorry. It's a pun.

To put it more precisely, the amount that doctors as a whole earn will increase because the market such as local medical care can grow, and the amount that individual doctors who share it will decrease. Above all, the rich, the poor, the poor, and the poor between doctors will intensify. We will look at the difference between those who enter local medical schools and those who enter top universities in Seoul, focusing on 2024. At least that's what I plan to judge.

And so is the current legal market. Top law firm vs. local/small law firm (except some ex-officials and boutiques)

2.
First of all, I selected the title of the article, saying that each person earned 600 million won. According to the article, the standard is based on when the number of Korean lawyers is divided from the total sales of law firms. Kim & Chang's is 1.2 billion, and the rest is around 600 million. A law firm in question is not a concept of withholding tax or annual salary plus incentives for lawyers. It's not that the title is fake. It means that they earned that much for their own law firms. Of course, Korean lawyers don't work only in Korea. Corporate affairs are sometimes carried out at large fees mainly for overseas lawyers.)

3.
Of course, law firms are not models that require high fixed costs such as rent. In other words, a large portion of sales is returned to lawyers. However, it is absurd that 600 million won per person is spent. Shouldn't we exclude various expenses (rents, etc.) from sales and deduct taxes? In addition, the story is different for large law firms. The information is directly from the bottom…

4.
Recently, the floor under my responsibility was raided, and one of the top three companies in the article was appointed to respond to it.

Not only Korean lawyers but also overseas lawyers were appointed, and most of all, lawyers and professional advisors/members with many years of prosecution experience responded together. Here, advisers/members in the professional field include former legal professionals or high-ranking government officials (the Ministry of Strategy and Finance, the National Tax Service, the Ministry of Commerce, and the Ministry of Foreign Affairs), and forensic experts. In other words, not only lawyers but also various personnel who allow law firms to function as law firms are employed together, and they are caught at cost.

* Let's recall the controversy over Han Deok-soo's high salary for Kim & Chang and the hiring of revolving doors.
** Professional committee members' sense of utility? It is considerable. Rather, they provide practical assistance rather than lawyers. In short, it means it is worth the money.

5.
The top three law firms will have a starting salary of around 1.2-140 million. (I heard that a few years ago. Now it could be higher.) That's a pretty big sum. Of course, it involves murderous work intensity. Their salaries gradually rise with the hourly pay that the law firms receive from their clients through them, and they explode again when they pass through a narrow door and become partners.

Of course, partners are a blessing to a small number of lawyers, and many people drop out and leave in search of their own lives. The logic of the rich and the poor also works here.

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