COTD: Singapore ranks fourth in APAC for legal office leasing in H1 2024

Singapore also offers the second-highest salary range for first-year legal associates in APAC.

Singapore ranks fourth in APAC for office space leased by legal firms in H1 2024, according to Savills.

The city-state follows Shanghai, Beijing, and Hong Kong.

Global law firms across APAC are also driving up salaries in markets like Singapore, where nearshoring may become a viable strategy to reduce overhead costs.

Singapore offers the second-highest salary range for first-year legal associates amongst the largest legal markets in APAC, with salaries reaching up to about US$180,000 per year.

Savills surveyed the 15 largest legal markets worldwide, including those in APAC, EMEA, and the U.S.

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