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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)
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.
It feels like people have made a conceptual victim out of the "non nlu" thing. You'd see conversations where people think that they deserve jobs because they are from an non nlu.
They make it seem like that the only thing stopping them from becoming a big time lawyer is their college. However most Senior Advocates, Partners, GCs are from Non nlus.
People mask their failures by blaming NLUs whereas the fact is most people from all colleges are largely just stupid
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!
2. - selling their shares and amassing a good sum in one go if people are interested in buying the shares at those valuations
that's it?
so they basically draw a normal salary till they can exit fully or partially? if they don't want to exit, they take loans against their shares and spend that money?
So can you help me with these income levels:
Rs 20 lakhs: Which car/watch/perfume/shoe?
Rs 30 lakhs: Which car/watch/perfume/shoe?
Just trying to understand what brands one should use to fit in better with the crowd. Thanks.
If there was slight more camaraderie - the firm would not be struggling the way it is. Gone are those glory days.
Currently I am on the brink of entering my 4th year and I have realized that I have no hopes in this sea of mediocrity. Whether it's for BCL or LLM from a prestigious university you need to have a good CGPA in your undergrad. My mediocrity when combined with horseshit valuation which rarely give marks about 70 to any student, means that max I can get even if I improve is around 6.4/10 CGPA.
Even my CV is mediocre with internships being with 4 goverment orgs + 2 Tier law firms, 1 publication in a mid journal and tons of free certifcate courses.
To make matters worse I am a first gen lawyer with no close relatives in law. Even the contacts I have are at SA level and at most can only arrange me an internship.
How I wish I could turn back 3 years into 2021...Or can I?....I have registered for CLAT 2025 this December. Here I require your opinions, what do you think I should do in the bleak scenario where I get NLSIU or NALSAR? Should I go? Also another question, this time to recruiters and law firms proffesionals, will my age at passing (26) be a problem during Day Zero?