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If trilegal, despite being a smaller platform, with all equity model, has 112 partners and then one has to wonder how many other firms have? Does being a T1 partner even mean anything if there are 1000+ of them?
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reply Bump
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reply KCo 220
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reply KCO only plays numbers.
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reply There are foreign firms with 1000 plus partners.
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reply Across jurisdictions. Trilegal has 112 just in India.
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reply Not across ten jurisdictions, so on an average, would be 100 plus for every jurisdiction.
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reply The size of those legal markers is an order of magnitude larger than India. London city alone would be 10x the size of the entire legal market in India
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reply Issue with trilegal is all are equity partners
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reply You get the equity at Tri that's a big deal compared to other firms
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reply Its only a matter of time that they are going to start the salaried partner model.For all its claims of being different and wanting to break the glass ceiling,Trilegal is hypocritical and as bad as lala firms.
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reply yes but while they aren't doing so, lets appreciate them for paying freshers really well and also having all equity, havent heard one firm in the world do that. Would really love to work there if given the chance (ECM guy btw looking for internships)
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reply I also wonder how much equity they actually get, if a law firm with an annual income of 300-400 crores (at most) is having to split the profit across 112 equity partners. We know the top equity partners at Trilegal are making 10-15 CPA, then what's actually left for these new "equity" partners. In fact, if you're not the absolute top rainmaker (in your PQE bracket), its better to be a salaried partner at CAM/SAM/AZB.
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reply Heard they start with 4 points. Value of points is depended on the profits. Last year it was around 32 -35 L per point. 1.3 cr. seems like a reasonable estimate.
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reply great how you inserted CAM into this, they barely pay 1 cr to even partners, which even tier 2s have been in the past few years.
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