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Also - the valuation mandates are hijacked by big 4/ big 6 firms or their lackeys.
1. On a PPP basis. You are far more rich in a tier 1 shop in India than a Magic Circle firm in London.
2. Work culture and Hours - if you think magic circle or AM100 lawyers have it easy you are wrong. Law firms are horrible to work at even in Germany (country with most WLB)
3. Far more easy to grow in India - UK, US law firms have saturated. Especially in the UK - legal market cannot grow any further.
Indian legal market will be growing super fast in the coming years. In 30 years I won't be surprised if Trilegal/CAM/Khaitan individually has 1000+ partners and 6000+ associates.
If you are somewhat competent you will make partner in an Indian firm.
Only leave the UK for India if you have this kind of life. Else, get the f*** out of India and save yourselves.
Last CAT me 55 percentile aaye na aapke...
FACT: MBAs head the world's biggest companies, lawyers don't.
FACT: MBAs are paid much higher than law grads.
FACT: MBA degrees are much more useful than law degrees if you want to migrate abroad .
FACT: MBAs give you access to many different types of careers.
FACT: MBAs are far more respected in Indian society than lawyers.
LI: you really need to disable voting on your comments.
Maybe he has some backing that the general public might not be aware of.
In contrast, lower castes have historically had lower levels of education. As a result, they fell behind when it came to family planning and birth control. Hence, we have a large mismatch in our demographics: a small number of upper castes and a large number of lower castes, because the latter have had families with more children. Aside from reservation, the sheer numerical difference explains the data from the IIM study.
This is also one of the reasons we should think about reservation for Muslims descended from lower castes.
1. Not just lateral hirings, all hirings require timing and luck. If anything, lateral hirings are the most meritorious, far more than day 0s and PPOs where candidates are selected randomly or based on how attractive they are.
2 & 3. Friends almost never help in this regard. Unless they're college friends who care about you selflessly. Direct applications to partners are also a hit and miss unless the partner is from the same college as you. Even that, increases chances only by a bit.
3. Recruiters remain the best option for lateral hiring, by far.
I'm willing to travel 30 minutes at max but someone please tell me where shall I look for an affordable flat within 25-30k
Academia 20 L per lecture
Even post increase in salary LKS stands nowhere close to any tier 1 firm.
For instance the remuneration offered to A0 at LKS is 14 LPA + Bonus (at max 1/1.5 lakh) which is nowhere close to SAM (20 lakhs), Khaitan (22.5 lakhs), Trilegal (19.5 lakhs).
Moreover the salary growth trajectory at LKS is much slower than any other firm (leave tier 1 firms).
Just got to know Remfry & Sagar doesn't retain interns??? :'(
The High Court had argued that allowing SC/ST/OBC/EWS candidates to occupy General seats would amount to giving them “double benefit" — one through reservation and another through selection in the General category. The Supreme Court rejected this argument and a bench comprising Justice Dipankar Datta and Justice Augustine G. Masih dismissed the Rajasthan High Court’s petition, emphasising that merit must be given due weight.
https://www.news18.com/india/sc-st-obc-candidates-eligible-for-general-seats-in-govt-jobs-if-they-clear-cut-off-rules-sc-ws-kl-9809683.html
Same principle is followed in CLAT for decades. If an SC/ST/OBC scores enough to make it to the merit list, he or she is shifted to the merit list and removed from the reserved list. The reserved list then admits another SC/ST/OBC candidate. So basically an extra SC/ST/OBC candidate makes it and the number of people in the general category decreases by 1.
planning on applying for a 1 month internship with Samvad (Mumbai) with their lit team.
can someone shed some light on how their disputes team and practice is? also are there any job prospects with samvad mumbai?
I am also considering hyderabad but haven't heard much about offices other than mumbai and delhi.