Why has this been flagged as contested? This is accurate to the last penny. It's even been publicly reported and accepted by CAM itself that A0 packages are at 16 LPA
Oi, be nice to the mods! Also, urdumb :) @(Tier-1 NLU) is literally correct: the original claim is hyperbolic, unless the industry only consists of 6 or 7 firms, there are approximately 572 Indian law firms that pay less than CAM (and probably one or two in the Big 7 also still pay less than CAM, depending on how you slice bonuses, fixed, etc?).
Your answer still doesn’t provide any substantial evidence to support your conclusion of CAM’s retainer fee being the ‘lowest in the industry’.
We are happy to remove the ‘contested’ tag once we receive concrete information (this may be in any form possible be it authentic links or reports) from your side which can corroborate the conclusion.
I think we can stick to the point instead of fighting over a simple line whether it is lowest or not! It is still quite bad and hasn’t even been appreciated to factor in inflation. Since past two years they have been offering the same deal.
14.40+1.60 = 16.00L
Highly Disappointing. Lowest in the Industry.
We are happy to remove the ‘contested’ tag once we receive concrete information (this may be in any form possible be it authentic links or reports) from your side which can corroborate the conclusion.