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https://timesofindia.indiatimes.com/city/delhi/forensic-sleuths-busy-with-80-spot-visits-under-new-laws/articleshow/111470027.cms
Is it another case of cast demonization in TNNLU?
I'm keen to understand what skills are typically expected in an IP internship. I'm also wondering about the best ways to develop these skills. Any readings, resources that would be great for someone willing to learn and just starting out to intern and get some practical experience in IP? Would be grateful for any help.
And for me, and for thousands of others- prestige matters. Maybe thatβs why Indians prefer upsc over a lot of jobs. Not everything is about money. Period.
Its simply not about prestige. It s also about which degre gives you more options, money and stability. MBA hands down here. Donβt forget mba is gives you transferable skills which you can use in any geography. JD restricts you to US.
If you go to Harvard for JD and donβt end up willing the H1B lottery. What the hell would you do? Come back to India? How will you pay off the student loans then?
Whereas after MbA you get 3 years OPT, which means 3 chances at H1B. Even thereafter you donβt end up getting H1B, you can always seek transfer within your company to Europe/Canada/Singapore. MBA gives you wings to fly. JD simply doesnβt.
If you have to come back to India, a JD is of no use. Also remember- even in US, after JD, you have to work at a big law firm, which would be more prestigious than Indian Lala firms- but equally brutal hours and mind numbing work. MBA gives you much more options (banking/consulting/corp strategy/ startup/ marketing) etc.
See what makes more sense for internationals. Thereβs a reason why people from top IITs/AIIMs/ NLUS/ Stephens etc are vying for M7 MBA. And hardly anybody from India would even apply for a Harvard JD. Check the stats.
For international students, LSAC does not assign a numerical GPA. It only gives you a qualitative rating- average, above average etc. your GPA hardly affects your admission consideration.
It is a well known fact that lsat only matters the most for law school admissions for international students. Spend some time on law school admissions Reddit and educate yourself
Harvard would still like your GPA to be rated above average, but any random person from Amity law college in India with 60% or above would be given above average grade.
KCO, Mumbai mein Corporate 7 always has vacancies due to the shitty work culture.
CAM Bangalore has already rolled out PPOs for the 2025 batch so keep it as your last priority.
Trilegal, Gurgaon CK's (i.e. Japan desk/M&A) team and the entire Project Finance vertical always have vacancies due to difficult people at the mid-level.
Tri - 19.5 - 16.5 + 3
CAM - 16 - 14.4 + 1.6
Indus - 15.8 - 14.4 +1.4
KCO - 15.6 (Bonus component discretionary but mostly not given)
You are clearly a law student you copied off some comments without reading. Can you not mislead people.
Trilegal Gurgaon
Indus Delhi
Khaitan Mumbai
( order of wlb, exposure and culture along with learnings and seniors )
Tri Gurgaon
CAM Bangalore
Khaitan Mumbai
Indus Gurgaon
( in terms of A0 salary and repute in industry )
*imp - verified data and info only valid for corporate teams, may vary for others
Today an ex AZB Partner went to US to start as an associate at a US Law firms San Francisco office. This is not the first time it's happening.
https://www.linkedin.com/posts/sonali-mathur-135b4914_a-new-chapter-unfolds-in-my-professional-activity-7213772508079001600-PCL5
In the past, one PA from AZB, Partner from JSA left for LLM abroad at late 30s and later started as Associates at US firms.
Why does this happen? No judgements or personal comments.
But do people make a shift like this for career advancement or is it solely for personal reasons?
A PA/Partner makes good money even in India when you account for cost of living.
Work Life Balance - My friend at a V10 NY firm tells hours are as horrible as in India minus toxicity and shouting.
1. Money and Billing - B&F is one of the highest billing practice, high bonuses and eventually high pay at partner levels. ECM sucks on this front as they can barely cover team costs, so any firm practicing this is actually making losses from this practice. Forget bonuses, and the partners make the least, maybe above IP.
2. Inhouse Ops - You dont get any transferability to such positions from ECM. Maybe foreign firms, not companies. B&F on the other hand, surely. The reason is self explanatory.
3. Never ending diligence - This is true for B&F, you work every day 365. The work is continuous. ECM is cyclical, there are months you have no work and many firms fire associates then, after which they overhire when work suddenly increases. This is common practice. B&F me people leave on their own due to continuous mind drowning work.
4. Dynamic - ECM is ANYTHING but dynamic. You work on the same DRHP and backups all your life, at all stages. B&F is highly dynamic though, even though there are templates, as there are negotiations are higher levels done.
1. Volume-Driven, never ending due diligence, sleepless nights almost every day (Jan, Feb, March is a total nightmare due to financial closing).
2. Monotonous and boring after 1 to 3 years
3. Requires copy pasting and smart work without much thinking and analysis as compared to majority of the practice areas
4. Fixed fee billings and clients who want bulky work done for pennies
5. Juniors thrown under the bus until the PA Stage since there is very little document hygiene and direct oversight by the senior members who solely manage negotiation and vetting
Pros:
1. After 3 to 5 years, the practice feels like a game since you end up learning a lot at the junior stage
2. Quite dynamic in terms of service offerings i.e. structured debt, project finance, securitization, term loans, fintech, restructuring, IPOs, QIPs, preferential allotments; et al, thus very steep learning curve.
3. Too much attrition at tier 1s until the A3 stage so more lateral opportunities at big firms
4. Way too many in-house openings at the seniority stage with 25-30% paycut for the sake of sanity
5. Since these practices expect no room for any form of mistakes, you master skills like formatting, math (upto a certain extent), book keeping and develop a financial bend of mind.
You're still reading a ton of documents for that deal in M&A or regurgitating on disputes side.
Don't mean to dunk on other domains but would like to understand the pessimism towards BnF/Cap marks.
A lot of non-CA lawyers who works in taxation practice at such firms are stuck and unsatisfied in their careers due to this situation. Further there is no good tax practice beyond these firms so you already have limited switching options left for you my friend.
To other place, if they really liked you and are nice bunch of people. Explain your situation and they'll understand. While give them a hint you'll eventually join them maybe 1-2 years down the line.
Difference between 60/80 k isn't that much vis-a-vis the bad reputation you'll earn.
So I'm interning at a T3 firm. Something weird happened and I'm not sure what to make of it.
My co-intern just got an internship extension for the next few months, which I thought was pretty rare here. Now I'm wondering - is this a normal thing, or is there more to it?
Someone mentioned that this kid's relative is buddies with one of the partners. Got me thinking - does having contacts really make that much of a difference for internships? Can you just hit up a partner if you know them and score an extension just like that?
I always thought were super strict about this stuff, but now I'm not so sure. Is this kind of thing common and I'm just out of the loop?
Heβs going to execute for a team that is completely all out at the moment. Doesnβt need to have his own clients