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1. Fresh Salaried Junior Partner: 80L - 1.2 crores PA.
2. Salaried Partner with experience: 1.5 - 2.5 crores PA. (Yes, salaried partners working in teams with high volume deals make upwards of 2.5 crores)
3. Fresh equity partner: 3 crores (Minimum) upto 4.5 crores.
4. Senior Partners: 5 - 8 crores.
5. Practice Heads: 8-10 crores PA.
6. Rainmakers: 15 crores + (Remember that this bracket constitutes a minuscule percentage of lawyers)
Apna best effort maarne ka, 100% dene ka, Ek baar draft bhej diya, fir stress nahi lene ka,
Mistake sabse hota hai, tere senior se bhi hota hai, and tere partner se toh definitely hota hai,
Honest truth is ki ye sab mistakes karke hi wo partner ban paaya hai.
Please do not be discouraged in any manner if you are making mistakes,
Unfortunately, these mistakes and the guilt associated with it when we realise our mistakes are the meagre cost we pay for the valuable experience we gain on what is it that is not to be done the next time,
Over a period of time, you will have a truckload of wisdom on things that you know are not to be done (which you would have learnt through your experiences), and when you implement this wisdom day in and day out, your drafts will have all the right things it's supposed to have, enhancing it's quality automatically. You will be able to grow at twice the speed if you are also able to learn from the experience of others.
Please get out of this mindset that perfection is a destination you're supposed to reach. Real achievement is in improving yourself (even in the minutest of proportions) on a daily basis.
A right senior will guide you in understanding your mistakes and help you learn from them. He will never berate you or insult you for your shortcomings. I had a senior who was very tough on me and pulled me up for the smallest of my mistakes and made sure I learnt from them and never repeated it, while it did seem harsh then, he only wished the best for me which I realised later. Today when I'm extra careful and double check my work before sending it to anyone, all I have is gratitude for him. Because ignorance of smaller mistakes is the guaranteed highway to irreparable fuck-ups.
Make mistakes (not intentionally and carelessly) and please learn from them and never repeat the same one again. Make newer mistakes the next time. And if you've made a mistake, accept the responsibility for it (Just like Goldy Bhai does:))
Cheers!
Digital crisis is the new trend, so every tom, dick and harry are writting on it. Environment has been the trend for the last century, so every tom,dick and harry have written on it. Both are problems of the present and future.
To clarify; My master's was focused on digital rights, whereas my PhD was in ground water management. So I have experience in both topics. I enjoyed researching both. But now for a job I have to choose one.
As you can see, both are important issues, however both have a wide range of study and research. I can only choose one to write about for the next 4-5 years. Which should I choose ? How do I decide ?
I got enrolled in 2017.
2017-18: No Appearances [corporate law team]
2018-19: No Appearances [corporate law team]
2019-20: Appearances [Arbitration team and a bit of litigation]
2020-21: Appearances [Arbitration team and a bit of litigation]
2021-22: No appearances [did only arbitration]
2022-23: Appearances [Litigation team]
2023-24: No appearances [Career break]
2024-25: Still on a career break- plan to join somewhere this December
If I work under an AOR now for 1 year, will I be eligible to write the 2026 exam?
However, IBC team is great. But comes with longer working hours. But still better than others
There's a difference between controversial and unpopular.
Ronaldo>Messi = Controversial
Football was better with tricky wingers than it is with Goal scoring strikers. = unpopular
Not every controversial opinion is unpopular but almost every unpopular opinion is controversial.
My unpopular opinion is : Lawyers that pick a random aspect of a conversation just to add something constitute the majority of profession.
https://en.wikipedia.org/wiki/Talk:Asian_News_International_vs._Wikimedia_Foundation#More_from_the_court
What kind of person thinks that a lawyer can be arrested for contempt of court instead if his client, the actual contemnor???
When we have so many bright NLU students in India, why are such people editing legal articles on Wikipedia?
https://www.hindustantimes.com/india-news/delhi-hc-directs-wikipedia-to-take-down-page-on-ani-suit-against-the-platform-101729070746180-amp.html
If already not connected, connect on WhatsApp and LinkedIn.
After the meeting, review the identified action points.
During the meeting, try to take something tangible β cards, firm profile, practice profile etc.
Extend an invitation that youβd like them to introduce the client to other partners in the firm.
Lastly, based on their interests and area, try to introduce them to relevant service providers - such as investors, investment bankers, sponsors etc.
Link: http://t.ly/vFq_0
Although I disagree with the general tone of your whole comment, this part is exceptionally true. One will only reap what one sows
Just trying to do the math. I googled and saw that the average Zomato delivery boy earns 20K a month. So I guess the standard of living for a junior lawyer with that stipend will be similar to that of a Zomato delivery boy? I would calculate that as follows:
- living in a shared room in a PG or slum at Rs 11K a month, including price for gas and filtered water
- Rs 4K a month on bread, milk, vegetables and Parle G biscuits: maybe chicken/meat/fish once a month
- Rs 500 a month on bathing and toiletries (can bathe on alternate days to save costs)
- Rs 1,000 to 2,000 a month on transport, depending on location
- Rest on mobile bills, emergencies etc.
Works?
I guess I should also continue without the advocate code then.
Thanks a lot for your response, appreciate it!