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It's true
(As I'm a third gen litigating lawyer)
And does he take 2nd yrs.
Thank you soo much!
If this direction were applied universally, it would simply mean the ability to allege wrongdoing - or certain kinds of wrongdoing - would itself become an extremely powerful weapon, capable of enormous misuse.
Isnโt this a populist outcome, and not one supported by basic tenets of our legal system?
Also, I understood that the policy behind time-barring claims is the implicit assumption made by the law that the elapse of time adversely affects the ability to gather all relevant evidence. Thus, time barring would not be a case of the law โforgivingโ an individual wrongdoer - that is not the job of the law - it would be based on natural justice, inasmuch as it becomes difficult to defend a claim if evidence is long lost or forgotten.
I have an offer from a T1 firm but am trying for vac schemes. In case I get an offer for a magic circle firm, how do I go about my PPO? Will it sour my relations with my firm or is there a more graceful way to navigate it?
My priorities are work life balance. By this I mean to leave office by 8 pm, 10 pm once in a while and have Saturdays and Sundays fully to me, except occassionally when deliverables are due.
I also aim for a dynamic team - team that is not too niche in B&F and also do some corporate advisory, so that I'm not stuck to the niche.
I have experience in DCM and don't want to limit myself to it. Following are the few partners that I have identified to be fitting to above criteria, please share your insights on them as well as any other partner -
1. Karan Mitroo
2. Simone Reis
3. Satsdru Goswami
4. Arun Kumar
5. Aditya Khadria
Please consider contributing here as I belive you to be best people to give real and unfiltered advice.
Thank you
2. Easy for LLM qualified lawyers
You have to be extremely careful with the language, precision & clarity wise.
Hold a persuasive silver tongue to compel a judge who knows more than you in most of the cases.
Know the legal framework and be upto-date every SINGLE DAY for a new judgment that can make or break your case.
Bar politics also require high intellect and street-smarts to grow in the field.
Know the right people(common in every profession, but most relevant in law); something which lawyers specialize in.
Some people who are CA can decide to enter law to maximize their tax practice.
But for us lawyers, accountancy is just another domain for taxation skill enhancement.
S. 132 BSA also provides advocates with a special protection which no other profession can have.
In fact, an advocate has the right to practice in every tribunal, court, forum, the same however cannot be said for CA.
With respect to firms, you can go for KSK, MZM, HSA etc.
My main income is regular salary from a university, but thatโs not relevant here.
Iโd like clarification on these points:
1. Eligibility for 44ADA
Does independent teaching or guest lecturing at an educational institution qualify as a โspecified professionโ under section 44AA(1) read with section 44ADA for presumptive taxation (50 % deemed profit)?
Are there any recent CBDT notifications or case laws that explicitly include or exclude teaching?
2. Alternative Treatment
If 44ADA doesnโt apply, should the honorarium be reported as professional income with actual expenses, or as income from other sources?
3. ITR Form & Compliance
If 44ADA is allowed, is ITR-3 the correct form (salary + presumptive professional income)?
4. Documentation
What supporting documents should be retained to substantiate whichever treatment is correct (e.g., engagement letter, TDS certificate)?
Looking for guidance or authoritative references from practicing CAs or anyone who has handled similar guest-faculty/lecture income.
The rejection hit me like a wave. I was shocked, because throughout my internships, and even during and after my presentation, the feedback I received was always positive. And yet, for reasons I still donโt understand, I was turned away.
How could they reject me after listening to my answer to their HR questions when I received the PPO recommendation for my work after 3 months of internship and two 55-60 minutes each presentation? What did they see in me in those 11 minutes that the partners who recommended me, for my work, didn't see in 3 months? What?
PS Please donโt tell me I โdodged a bullet.โ That doesnโt ease the pain, betrayal and disappointment that I'm feeling currently. I wanted this. I envisioned myself being part of it. Instead, Iโm left with nothing but restless questions.
"What went wrong? Where did I falter? What could I have done differently?"
Right now, I just feel heartbroken, disappointed, dejected, and searching for answers that may never come. If you could answer my questions, it would be nice.
I've 3 years of litigation experience, and presently I'm working as a full time asst. prof. at a pvt. uni for the past 02 years.
Am I eligible for the CJ (JD) Exams or not? Or there must be continuous practice?
You nearly hit the nail on the head but just missed, provoking in me, as an audience member of this discussion so far, the sense of mixed frustration and embarrassment the audience feels when the star performer (e.g., a marksman) almost gets it but then misses.
You need not to just "hire alumni faculty like Sudhir", you need to hire folks with Sudhir-type (or even better) backgrounds as VCs themselves. Then this conversation can continue.
Do we need to even name a few private law colleges?
A2 looking to switch from a tier 2 firm.