Here are where your points wouldn't make sense:

1. Join another firm - well, if someone is in a T1, and they can't grow, they'll have to move. They won't necessarily join another T1 again. So most would go to a lower tier firm, may become partner sooner. But money? Lesser. Again, no point doing it. Perhaps yes, you may get your name on the wall.

2-3. Your argument is incorrect. You are comparing a successful person in a law firm (otherwise everyone would become a salaried partner in 10-12 years) v. an average first gen litigator. In that comparison, yes, a law firm glorified clerk would win. But, we are comparing on equal footing - on people who are sucessful. Any litigator, regardless of whether first gen or not, if successful, in 10-12 years would not only be independent but also have juniors under them. And yes, maybe 1cr a year would be difficult, but surely it would be 50-70% of that. However, with 15 PQE, where a salaried partner may still remain one, the litigator would be outearning the partner. As for building a book, a litigator does it from day 1 (not counting the delhi based associate-junior system which is a mockery). So it ages like fine wine for a litigator. Not for a clerk who was only doing paperwork and now has to suddenly bring in corporate houses.

4-5. Fine, yes, I'll take it - job satisfaction means different to different people. To the glorified clerks in law firms, its surely a job in the legal profession. Their view and horizon are narrow. Second, as regards the work of a commercial litigator coming up only where a transactional lawyer fails - thats incorrect. Even if the transaction was airtight - if the parties violate it, a dispute arises which in most cases go to a litiagator- whether in arbitration or in courts.

6-7. Very, very incorrect. You think senior advocates are only those who come from generational wealth? They get cases because they got recommended? Right, so any tom, dick, or harry, irrespective of how good or bad they are, just because they are well connected, a MNC would entrust a billion dollar litigation to them

Why? Because they have generational wealth. Your point here unfortunately has no facts. Its utter conjecture. The controversies about senior designation aside (or being both opaque and rewarding undeserving people) it has rewarded many many 1st gen advocates who came from nothing. And those seniors are earning much more than their equivalent ▮▮▮ in a law firm who are salaried or equity partners with no identity.

No, you aren't dreaming small, or dreaming according to your reality. Your dreams are incorrect. There is every possibility for an IITian to have been a son/daughter of IITians. Your comparison does not make sense at all. To even say that no 1st generation would succeed in litigation is also a generic statement ▮▮▮.

NDTV merely published a brief report on what Kakar wrote. And yes, these things are quite common. Actually Kakar should be applauded for boldly bringing out this nugget. Else it is always hagiographic tales et al.

The alleged reason shouldn't cheapen what was established. Instead, this should become the starting point to foster a culture of openness and curb our enthusiasm to create icons and gods

KC is the nephew of state law minister and started as a junior of senior advocate Jaideep Gupta. JG is the son of Dipankar Gupta who was probably the youngest AG of WB when SS Ray was the CM. Among the famous DG juniors were Justices Leila Seth and Ruma Pal and the spouse of the latter Samaraditya Pal.

Along with AMS and KS, JG is also a regular for WB.

Btw, AMS gave a measly 1.5 cr from his MPLAD to NUJS when he got in with TMC support. Contrast that with his endowments to Jiggles. The less said about KS, the better. Barkha may still be willing to talk about it.

Not a surprise at all. Singhvi and Sibal are probably among the richest lawyers in the whole world. The other lawyers mentioned won’t charge more than a lakh or two per hearing. The rates by Aquilaw and Debanjan Mandal will be even lesser. Aquilaw isn’t even a proper firm in that sense: just an extension of the TMC’s legal cell.

In fact, I am surprised that Sibal and Singhvi’s share is 1/3. I would have thought it would have been 50% (although Mamata did gift Singhvi a Rajya Sabha seat from Bengal).

1. I am sorry, you were using LSAT-India and not the LSAT U.S. The hard reality is that the two are very different exams, with the LSAT U.S. being much, much harder. You have a huge image problem because of your mind-blowing batch sizes ▮▮▮.

2. LNAT? There is still a lot that one can be critical of, as regards that: you don't give a benchmark of what kinds of scores you typically would want to see. And, unlike the British universities, you don't have a school board exams filter either, going with the 45% standard (as far as I remember) that other unis in India go with. Set the equivalent of an A Levels A* AA, which is a King's/UCL/LSE-kind of standard requirement, and the conversations will be very different among all but the most diehard haters (whose minds can anyway not be changed).

Thanks. Your point is also a very good one: you can't teach some very important things without knowing English. Eliav Lieblich, a prominent international law scholar, specifically says that if you don't know English or French properly, doing research in international law will be tough - he says that openly in a paper called 'Doing Research in International Law', published in the Harvard Journal of International Law. What do the ones who employ these slogans want: Indian lawyers no longer having the capability to practice or research international law!?

Thanks for your perspective.

"A smart and hardworking person will still make a name for themselves especially in research irrespective of the university."

1. Definitely possible, for sure.

2. But also there is a chance that it may not end up happening. Bad environments do hold people back, you know...

I'm 19F, second year NLU kid, 7.5 GPA batch rank 20. I come from a very humble background with zero connections in this field.

So Far I've done a district court internship and a inhouse one at dainik jagran and other research based ones which aren't even considered good.

My CV isn't very strong either,

here is the draft basically what my cv reads--------------------------------------------------------------------------------------------------------

CERTIFICATIONS & KEY SKILLS

·Banking and Finance by Khaitan and Co.

·Insolvency; Practical Insights into Insolvency Law, by Dentons Link Legal.

·Fintech and its Legal application by Asia School of cyber law.(100% accuracy in evaluation tests.)

Skills: Legal Research & Drafting| Litigation Exposure| M&A Exposure( I did cases studies and stuff so thought about adding this in)

INTERNSHIP EXPERIENCE- VIDHI, Dainik Jagran, JUS CORPUS, Shuruwat Foundation, District and Sessions Court

EXTRACURRICULARS( not veryy good at those)

1. 19th Ranked, xyzNLU, Civil Defamation Moot, 2024.

2. Paper Presentation: – “Public Interest Litigation and Media Advocacy for Marginalized Communities”

3. Participated in xyzNLU client counseling, Negotiation and Mediation Competition.

4. Research Projects( a senior asked me to add these in)

-Legislative Reforms and Social Impact in the Wake of the Nirbhaya Rape Case

-Agreements Opposed to Public Policy with English and Indian Case Laws

5. Authoring an eBook synthesizing legal resources and practical guidance to improve access to law for underprivileged communities

POSITIONS OF RESPONSIBILITY

Member, Internship and Placement Committee

What should I do :(
I didn't get any acceptance for the winter internship(JAN-FEB), plus I want to pursue career in corporate preferably M&A or maybe something else. I'm very confused about what topics to explore what to do about all this I don't understand how to connect with people in this industry and I feel so unmotivated, everyone around me is bagging internships at either firms or under reputed AOR thru connections. Can Someone guide me a little, I feel very lost.

Hii, I am currently in 3rd semester of law in a 5year law degree from NFSU Delhi and I have a thought to leave this degree right here and go to UK and settle there restart with llb and then practice there but I don't know nothing kindly help. What degree to pursue and what are the future career prospects also suggest me whether to go right now or wait for the degree to end and then go there for llm and then practice law. I don't have very strong finances right now therefore everything to be done on scholarship or loan

That's not true at all. Most lawyers (not just litigating but in law firms too) are not "middle class" at all. Dads were senior bureaucrats, politicians, CEOs/ VPs of companies etc. In fact, most kids who end up in law schools come from affluent/ 'upper upper' middle class families.

same leading AI experts said AI will replace all jobs in the 1980s.

The so called experts refered to above created the transformer model which is why chatgpt etc became relevant.

These guys are hype machines who have looked stupid in the last 3 years too with overpromises and all this to keep funding alive, the fear mongering is for investors the product will never be able to replace humans as Yann Lecun who is a turing award winner and head of the one company which does not use external funding for AI in META says AI can never actually replace humans.

Yeah these banks are now too big to fail and would result in a cascading effect if they fail.

The RBI in India also introduced the D-SIB framework in response to 2008 crisis.

We literally have banks and corporate holding companies that now cannot fail right here too.

Which is why Tata Sons is being forced to list forcing the ongoing boardroom battle.

Read Aaron Ross Sorkins Too Big to Fail.

There is also movie based on the same.

William Hurt as Hank Paul.

Its there on OTT.

Watch that to see from the other side too.

You can also look at this.

Panic: The Untold Story of the 2008 Financial Crisis - Top Documentary Films https://share.google/4vpfCQWRv5cpwWZqU

If you want the other extreme there is Roger Moores Capitalism: A Love Story.

Effectively the deal as I understand it from the movie was that the swaps were to be marked to market (similar to futures in the Indian stock market but not exactly) with both sides being required to post “margin” depending on which direction the swaps took. However, as the swaps were privately placed and not traded on an exchange, Michael Burry needed the banks to quote the price of the swaps in order to get paid out. The movie indicates that when the swaps were ITM, the banks didn’t quote till they palmed it off to someone else (in real life people like Iceland etc) in order to avoid taking a loss (except for that other hedge fund dude ka bank which did take a loss in the movie).

What do you expect when people from NLUs only want to join law firms? All the influential people in politics are from litigation. Its all dominated by TLCs mainly cuz they started their politics from there. NLUs are irrelevant when it comes to politics anð their politics are v different. This is not to say that any NLU grad would not dominate politics. They need to be in litigation to do the same. Locket Chatterjee is a good example. So long as NLUs keep churning law firm clerks, they'd never dominated in politics. Same reason why hardly any NLU grad is a judge today or a senior advocate.

I’m planning to take a diploma/certificate course. LawSikho’s diploma courses are way above my budget, but if they actually deliver what they promise, I’m willing to go for it. The same course is available on Lawctopus as a 5-month certificate course for a much lower price. I might go with Lawctopus if the reviews about LawSikho ▮▮▮ are true. My primary reason for considering LawSikho is their placement support. Could you confirm if this service is legitimate? Otherwise, Lawctopus seems like the better option, right?

I’m planning to take a certificate/diploma course. LawSikho’s diploma courses are way above my budget, but if they actually deliver what they promise, I’m willing to go for it. The same course is available on Lawctopus as a 5-month certificate course for a much lower price. I might go with Lawctopus if the reviews about LawSikho ▮▮▮ are true. I’d mainly be paying LawSikho for their placement support , so is that even legit? Otherwise, Lawctopus seems like the better option, right?

Hi,

I have been working for around a year now and have gained decent exposure to general corporate transactions. I initially started with a boutique law firm and am currently working at a consulting firm. However, I am keen on transitioning towards a more focused practice in M&A, Private Equity, and Venture Capital.

Despite consistent efforts, I haven’t been able to secure an opportunity in this field yet. I would be grateful if anyone could share any suitable openings or guidance on how to effectively make a shift into this area. I am open to working with boutique firms as long as the work primarily involves M&A, PE, and VC transactions, with the eventual goal of moving towards a Tier-1 firm.

Thanks

You will not accept that other than NLSIU because of its reputation, legacy and current active admin, no other NLU is doing well at this point. As for top three status, if you're relying upon NIRF, then take the shady perception score away and NUJS will easily be within top 3. It already outscored the other three in several parameters in the last NIRF. So your 'legitimate criticism' is often without any objectivity. NLUD is a shadow of its past self and NALSAR really isn't doing any better. NUJS gets the bad press owing to internal squabbles and trolls, that's all.

I agree with the broad assessment that the BJP is unlikely to win. The reason is simple and has been discussed in the media several times. The TMC gets almost 100% of the Muslim vote and between 10 to 25% of the Hindu vote. Plus ▮▮▮ and voter intimidation. This formula ensures an easy win for them. The BJP wins seats only in places where the Muslim population is tiny, which are not that many.

So we need to give up the delusion of NUJS falling under a BJP regime. OVN will bow to the TMC, just like Bhat, Talukdar and NKC did. Even if the 1% chance of the BJP winning comes true, you will see the corrupt TMC elements at NUJS switch over to the BJP. So NUJS will be stuck with the same people.