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Aspiring Lawyers - Applications & General Advice
General Discussion
Moving from Magic Circle to US firms
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<blockquote data-quote="Numerius Negidius" data-source="post: 46497" data-attributes="member: 7019"><p>I am a second year student holding a training contract offer from a Magic Circle firm. I am not sure whether I should still bother applying to vacation schemes with US firms. I do hope to work for US firms in the long term given the higher salaries, but I have also heard that US firms hire a considerable number of Magic Circle lawyers upon qualification or several years PQE. With that in mind, are there any advantages to starting off at a MC firm instead of a US firm? How hard is it to move from the MC to US firms?</p><p></p><p>The compensation in the short term isn't such a big deal given that trainee salaries are similar and taxes mean there is not such a large difference at NQ, but US firm salaries seem to be considerably higher thereafter.</p><p></p><p>I am also considering immigrating to the US in the future, though from my understanding this simply doesn't happen very often whether I work for a US or UK firm, so I guess that is not a consideration.</p></blockquote><p></p>
[QUOTE="Numerius Negidius, post: 46497, member: 7019"] I am a second year student holding a training contract offer from a Magic Circle firm. I am not sure whether I should still bother applying to vacation schemes with US firms. I do hope to work for US firms in the long term given the higher salaries, but I have also heard that US firms hire a considerable number of Magic Circle lawyers upon qualification or several years PQE. With that in mind, are there any advantages to starting off at a MC firm instead of a US firm? How hard is it to move from the MC to US firms? The compensation in the short term isn't such a big deal given that trainee salaries are similar and taxes mean there is not such a large difference at NQ, but US firm salaries seem to be considerably higher thereafter. I am also considering immigrating to the US in the future, though from my understanding this simply doesn't happen very often whether I work for a US or UK firm, so I guess that is not a consideration. [/QUOTE]
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