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1. What are the targets that T1 firms impose on new partners? I heard that these targets can be anywhere in the neighbourhood of 3 to 5 Cr, and keep increasing depending upon the firm and their model. Is that broadly correct? If not, what are the correct numbers like?
2. Realistically and statistically (based on your best estimates), how likely is it for someone with no familial connections/angel senior partner to meet such a target purely through goodwill based on good execution as an associate over the years? What about non-M&A teams that do advisory work and typically get smaller mandates?
3. I'm asking these questions because naturally, we see a lot of people who were refused partnership at such firms and eventually moved in-house post PA/counsel positions. If it's indeed practically difficult to get these numbers, does it make sense for mid-levels w/o connections to look at in-house options already (assuming we find an in-house opportunity with a payscale that's acceptable)? What would you say is the right PQE for this?
4. Does the specific law firm make a difference? If so, how? (Understand that KCo and Tri look at partnership differently than S/CAM, AZB, Luthra, Saraf or JSA, for example.)
Thanks for taking out the time!
On Axon - I know what unitary theory is but you were not making the same point. Your argument on Article II was like Slater v Trump which dealt with the administrative side of FTC (FTC prosecutors have to be accountable to the executive - the unitary theory you speak of). Axon addressed it to some extent but the underlying challenge related primarily to FTC’s judicial side fairness (particularly the fact that FTC commissioners are the prosecutors, judges and appellate authorities in an ALJ setting - read the judgment along with Para 31 bullet 1 of the complaint). This has nothing to do with the unitary theory (though that was also one of the secondary arguments raised).
On constitutional mandate - the CCI didn’t say they won’t take suo moto matters at all. They just said they’ll be judicious on when to intervene. The parental legislation you refer to also vested a large amount of discretion on the Commissioners in exercising their powers. “may” rather than “shall” in Section 19 says it all. As I’m sure yk there’s no minimum annual suo moto investigations requirement anyways. So I really don’t see a problem with the regulator deciding that yk what, maybe I’ll proactively learn from all the fair play criticisms against me while also taking a cue from my international counterparts.
On state enforcement - you clearly took the effort on all other aspects. Would appreciate if you could clarify what you meant because I really don’t see a point here.
I am an Indian student at one of the British unis this person spoke at (defiled with his presence) earlier this year when he visited UK. Trust me, you don't wanna be in the same room with him. He really is not a nice man, at all. To think that this was a representation of my country abroad made me want to jump in front of a moving car, literally.
Honestly it just seems like a faction of Nalsar students are so attention hungry they’re aping the worst excesses of students in America. And American institutions like HYS can do this and come back - they have hundreds of years of history, NALSAR is not even 30 years old- if its students antagonise the legal profession and the public in their quest for social media points - I’m not so sure what will remain of it.
Link of Hindu's coverage: https://www.thehindu.com/news/national/telangana/outgoing-nalsar-students-do-not-want-cji-surya-kant-at-convocation-ceremony/article71322218.ece
Arrogance has caused the downfall of many institutions.
Introspection, realisation of harsh reality and suitable corrective measures help save the downward spiral.
Kudos, tho
I work in ▮▮▮ as ▮▮▮ in the ▮▮▮ team in ▮▮▮. I wanna change and go to ▮▮▮. Please let me know if someone can refer or knows about vacancies in the ▮▮▮ team in other ▮▮▮ and ▮▮▮. Also, if someone knows about good ▮▮▮ ▮▮▮ in ▮▮▮ ▮▮▮, I don't mind an internal transfer.
After a hiatus of few years, another NLS alum joinstge bench.
Any updates on results? When will it be declared?
Great show of courage from the students!
https://www.thehindu.com/news/national/telangana/outgoing-nalsar-students-do-not-want-cji-surya-kant-at-convocation-ceremony/article71322218.ece
I like Menaka but damn is this sort of identitarian politics actually useless.
Don't worry about the backlash anon, sensitive people will continue to complain and downvote you.
- And then he got an STD and slipped in antibiotics in Melinda's food so that she would be safe?
- And now the origin of Covid is increasingly pointing to a lab leak and Fauci's role is under question?
Strangely, it's still called the Bill and Melinda Gates Foundation!
https://www.thegatesscholarship.org/scholarship
As for work life balance, if you want to run a marquee practice like financial regulatory or cap marks or GC, you should let go of that expectation since the client is extremely important.
Salaries in IPR are abysmal. The only firm which pays sort of decent money is Khaitan.
Raj and his protocol officer (Mishraji)....please focus more on college? Merely posting on LinkedIn on how fantastic jiggles is or living in your bubble of calling some bigshots and feeling like "meine kya college banaya hai" won’t help no? For this, Raj, you must stay more in college than travel the world
How is bonus calculated?
What are the bands for different ratings (1-4)?
It would be great if someone can shed some light, I’m sure a lot of us will benefit from this.
For different firms, please indicate name of firm and how salary structure works from A0 level to upwards as they progress.
You'll at least rack in some work-ex
It'll help you more when the opportunity opens up for some non-lit vacancy