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Also - the valuation mandates are hijacked by big 4/ big 6 firms or their lackeys.
Things that ARE better here: Much better quality of work, much better training, much less lala family politics in the office and far more professional (politics will always be there anywhere humans work - but much better than Indian family firms). Comfortable life (not rich), no pollution, the power doesn't go out, the streets are clean, the public services (mostly) work without corruption. Basically you can live your life in peace without most the daily hassles of Indian life. Also if it matters to you - far more diverse, much greater range of interesting people from all over the world, incredible cultural opportunities and the chances to pursue any hobby you have (art, music, literature, sports, you name it) with the best people in the world.
Basically you don't come to London for the money - you come for the lifestyle.
Don't worry about nonsense re immigration and racism. No place is perfect but this is probably the least racist place on Earth and in the circles you'll move in as a City lawyer, racism is non existent (and even in other circles, it's mostly a class issue - directed at the illegals coming in boats across the Channel, not high earning City lawyers).
Third one, I can understand about the anti-immigration mood fluctuations, many people wouldn't want the psychological uncertainty and instability that results from that sort of thing - and yes, it comes with the territory. But this "second class citizen" language is putting this very strongly, and definitely does not reflect my personal experience (I am not saying this to contradict you, but putting forward my own perspective). I live in London and have done so for the last five years (and yes, I read the London Times, Guardian and Financial Times every day, so I definitely don't live under a rock here). But I haven't felt like a "second class citizen", ever. Perhaps it's because of my visible disability, but in many ways, I have felt more like a first class citizen in Britain than I ever did in India (and I spent about 80% of my life in India - wasn't one of the privileged [family network-wise and financially] disabled people of earlier generations from India and Israel educated from childhood in the UK).
1. On a PPP basis. You are far more rich in a tier 1 shop in India than a Magic Circle firm in London.
2. Work culture and Hours - if you think magic circle or AM100 lawyers have it easy you are wrong. Law firms are horrible to work at even in Germany (country with most WLB)
3. Far more easy to grow in India - UK, US law firms have saturated. Especially in the UK - legal market cannot grow any further.
Indian legal market will be growing super fast in the coming years. In 30 years I won't be surprised if Trilegal/CAM/Khaitan individually has 1000+ partners and 6000+ associates.
If you are somewhat competent you will make partner in an Indian firm.
Only leave the UK for India if you have this kind of life. Else, get the f*** out of India and save yourselves.
Even post increase in salary LKS stands nowhere close to any tier 1 firm.
For instance the remuneration offered to A0 at LKS is 14 LPA + Bonus (at max 1/1.5 lakh) which is nowhere close to SAM (20 lakhs), Khaitan (22.5 lakhs), Trilegal (19.5 lakhs).
Moreover the salary growth trajectory at LKS is much slower than any other firm (leave tier 1 firms).
https://www.cnbctv18.com/photos/entertainment/dhurandhar-becomes-highest-grossing-single-language-indian-film-top-10-indian-box-office-hits-19816263.htm/amp
Last CAT me 55 percentile aaye na aapke...
FACT: MBAs head the world's biggest companies, lawyers don't.
FACT: MBAs are paid much higher than law grads.
FACT: MBA degrees are much more useful than law degrees if you want to migrate abroad .
FACT: MBAs give you access to many different types of careers.
FACT: MBAs are far more respected in Indian society than lawyers.
LI: you really need to disable voting on your comments.
In contrast, lower castes have historically had lower levels of education. As a result, they fell behind when it came to family planning and birth control. Hence, we have a large mismatch in our demographics: a small number of upper castes and a large number of lower castes, because the latter have had families with more children. Aside from reservation, the sheer numerical difference explains the data from the IIM study.
This is also one of the reasons we should think about reservation for Muslims descended from lower castes.
1. Not just lateral hirings, all hirings require timing and luck. If anything, lateral hirings are the most meritorious, far more than day 0s and PPOs where candidates are selected randomly or based on how attractive they are.
2 & 3. Friends almost never help in this regard. Unless they're college friends who care about you selflessly. Direct applications to partners are also a hit and miss unless the partner is from the same college as you. Even that, increases chances only by a bit.
3. Recruiters remain the best option for lateral hiring, by far.
I'm willing to travel 30 minutes at max but someone please tell me where shall I look for an affordable flat within 25-30k
Just got to know Remfry & Sagar doesn't retain interns??? :'(
The High Court had argued that allowing SC/ST/OBC/EWS candidates to occupy General seats would amount to giving them “double benefit" — one through reservation and another through selection in the General category. The Supreme Court rejected this argument and a bench comprising Justice Dipankar Datta and Justice Augustine G. Masih dismissed the Rajasthan High Court’s petition, emphasising that merit must be given due weight.
https://www.news18.com/india/sc-st-obc-candidates-eligible-for-general-seats-in-govt-jobs-if-they-clear-cut-off-rules-sc-ws-kl-9809683.html
Same principle is followed in CLAT for decades. If an SC/ST/OBC scores enough to make it to the merit list, he or she is shifted to the merit list and removed from the reserved list. The reserved list then admits another SC/ST/OBC candidate. So basically an extra SC/ST/OBC candidate makes it and the number of people in the general category decreases by 1.