How well do they understand the components of the CURRENT expat packages being offered?
Do they have significant experience negotiating with firms in this regard? Following the last two years of salary freezes and lowered bonus structures, ex-pat packages in China and Japan have become a hot topic among our candidates. Historically, law firms in Asia have been reluctant to release salary and benefit information making it very difficult for candidates to evaluate and compare an offer. This secrecy has risen to an all time high as firms try to gain a competitive advantage in this challenging economic environment. Cypress has built an extensive database of offer letters and has years of experience negotiating with law firms to receive the best packages for our candidates. Law firms understand that we know the market and what a competitive offer should look like. In fact, Cypress is frequently approached by law firms to provide market information regarding remuneration. For more information on the basic components of an expat package,see our article here.
