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Need some motivation to continue doing what we do.
Hope this keeps going!
And partners is Trilegal have a say in how they work. Unlike partners in CAM and AZB who are mere workers for the overlord!
I am a lawyer with few years behind me practicing with a relatively relaxed team in M&A plus PE, etc. Off late, it is becoming impossible to keep up the time sheets, and/or mundane deliverables. Tools and tech has to an extent helped me, but deliverables that can be done by others in few hours usually are taking me into an all-nighter. I stay away from socials and media to conserve my time, but I am lost.
It is not that I am lazy or do nothing, as is usual with cases like ours, with increasing propensity my focus is driven towards other news items, advisory matters (I am golden when you need a opinion, connect the dots). I am however turning into an highly inconsistent and unreliable performer. My team is supportive, however it doesn't make sense to stick around for paycheck if I cannot deliver. I haven't yet found or sought professional help, because I could manage till now. My diagnosis was long ago, and I haven't had trouble even during my studies at law school.
I seek your counsel, because I feel from another thread that few of you seem to be struggling with the issue, plus advise on whether I should maybe pivot to another line of work before it becomes too late.
[Prior longer ADHD Thread here, for reference: https://www.legallyindia.com/convos/topic/186810-Lawyers-with-ADHD- ]
Here's the link:
https://jurysoutblog.wordpress.com/
Another magazine which I found to be intriguing and is run by a GNLU Alum is Catharsis.
Here's the link:
https://www.catharsismagazine.com/
Happy reading!
Quote:
Quite a lot of the billing arrangements in India are still on a lump sum basis, especially cap marks, PE and M&A, where the fee is a really thin slice of the transaction value. Even if it is an hourly billing arrangement, your partner will make large haircuts to whatever the associate has filled in the timesheets, as your client should not have to pay for your inefficiencies.
That being said, most firms do have timesheet system in place. It would be more convenient for the associates if the firm just asked them to maintain timesheets for assignments which are have a time spent billing arrangement. But again, making associates' lives easier is nowhere on the agenda of law firms. Plus, those timesheets are a good way to track how you are spending your day, and most partners love to have that level of control over their associates' lives.
Don't let this deter you, in a few months, you'll know how to game the system.
In Asst year 2011-12, his returned income was Rs. 28.84 crores. See https://indiankanoon.org/doc/120373345/
Thatβs a jump of 4 crores in a couple of years. In the 6 years thereafter, I would expect the jump to be quite a bit more.
Very interesting to note that in AY 1996-97 (when he would have been on the cyst of senior designation), his returned income was around Rs. 1.26 crores. https://indiankanoon.org/doc/168478889/
Applying the indexation index that is around the following amounts in todayβs terms:
1996-97: Rs. 3.75 crores odd.
2014-15: Rs. 44.94 crores odd.
Note: this is returned income - professional receipts could be close to 1.5 to 2x that (because this is the post expense, post tax deduction claims amounts).
Please see it for yourself. I have attached my email communication with an MC firm stating that Indian students need to complete both PGDL and SQE that too before joining the firm i.e. Starting the Training Contract.
http://fiddler.nalsar.ac.in
Quote:
Even assuming other firms like CAM/SAM/AZB/Khaitan are bigger in size and revenue, the managing partner (who hold between 20-70%) just be making 30 crores max. This is after running a firm with 500-100 employees.
Some litigating lawyers in the country make that much alone - Harish Salve makes almost 3-5 times that amount with hardly ten underpaid juniors under him.
Isn't that interesting?
When I saw this question, I grimaced, fearing that the comments would be negative towards the junior girls. However, I am relieved to see the comments calling out the predatory nature of senior boys. 17, 18 and 19 year olds are impressionable. Entering a strange new environment of law school is daunting. Boys at my uni would carefully evaluate the physical appearance and dresses of fresher girls. They had the galls to speak out loud that after seeing the same old faces for months on end, it's exciting to see new girls. It's almost like they are hungry. Its Creepy. Its scary. The lascivious nature of the comments is obvious. It wasn't some harmless, fun boy-talk. It was pure objectification of young girls who were full of anticipation about studying law in NLU and excelling in their field.
Then these boys would help the fresher girls 'navigate the law school'. Some were really genuine and kind, thanks ONLY to them. But most others were excited to associate with new girls. And these naive girls barely knew the person. It's hard to decipher a senior's intention in a few encounters. Of course, the seniors would empathise with the juniors and appear all wise and intellectual. And isn't one of the coolest things for a new junior in college is to be within the sacred, enigmatic inner circles of seniors? Having a 'smart', 'kind' and 'intellectual' senior as an 'ally' and a 'safe harbour' in a strange environment is comforting. Then the power dynamics come into play. This whole power dynamics thing forms the essence of toxicity in relations.
I have a general observation here. Most of these senior boys I talked about would make the junior girl feel as if she is vulnerable and extremely important to him, cute but too pure for this world, in need of guidance from a senior boy and lost without the guidance of the said boy. She has potential but that potential can be untapped only with the boy's gracious help. Then the classic gaslighting follows.
I literally feel anxious, regretful, dazed and and panicky writing this.
Girls, please don't rush into any relationship in college. If the relationship turns sour, some men have a tendency to foul mouth women and talk the nastiest of things among their bro circle. This is traumatic. You will have to face that person for the next 3-4 years. The friend circle of senior men is no less traumatising in such cases. Talk to seniors, make friends with them. Its good to have a nice rapport with them. But DON'T RUSH into relationship or hook ups with them. Always give priority to your mental health, ladies. Sorry to say but law school is not the safest of all spaces.
Seniors, grow some spine, be more humane and don't manipulate and mentally harass the naive juniors. It's 2021. Objectifying women is so 2008. Manipulating junior girls world inflate your ego and make you feel super cool but actually, this only earns you a spot as the Honorary Mention in the List of Predatory Men.
With love,
A final year girl who is in anguish and curses herself for all the missed occasions she could have helped the women around her.
You'll have to see which therapist works for you, and that takes a few months. Be patient and you'll see it's helpful.
Divya Jain at Fortis Gurgaon is really good but I changed therapists once she was engaged with my firm (which is nice too) (I'd rather not use the services of the firm's therapist).
AZB - August / Sept
S&R - Entirely in March
L&L - Half in March, Half in June / July (although they find excuses to delay the second tranche at times)
JSA - August / Sept
First 2 years, spent INR 3-4k per month by living frugally, eating only at the college mess and rarely at eateries, and limiting outings to pubs/restaurants/movies to once a month. Spent as little as INR 1.5K some months as there was no additional expenditure apart from meals.
Final 2 years, went on some trips, regular outings 2-3 times per week which increased monthly expenditure to INR 10-12k per month assuming ~1 drink every outing.
Broadly, apart from annual fee you will have the following expenses:
- Facilities - extra for college canteen/mess, additional utilities like laundry, cleaning etc
- Books and reference material for courses and exams
- Outings - apart from hanging out with friends, there are committee dinners, etc which may be obligatory to an extent. Generally towards the final year of law school you end up treating juniors/mentees to meals. The cost of these outings varies on the kind of place and drinks (eg. you could pay 300 + metro fare or 3000 + cab fare)
- Trips, if any
- Cost of participating in events like moots and debates nationally and internationally, which may or may not be reimbursed at a later time
- Visiting home on long weekends which is quite common especially for those who use semester breaks to intern in different cities
Team, you want to intern with;
The period you want to intern;
Write a nice short para on what motivates you to apply there - talk about their deals/matters;
Leverage your past internships/publications/moots - highlight how that can be of help to the firm when you intern
End with a call to action (CTA)
Don't make it lengthy. Max 3 paras. Ensure there are no typos, and address the right person.
Good luck!
If I would have just continued in my never heard of law school, I would NEVER have landed a decent job. And look at me now! I landed a big 6 job on the day zero of NALSAR! I feel bad when I say that none of my old law school batch-mates ever even saw the door of a big 6 law firm. But this is the reality. And yes it is harsh.
So what would you rather be 27 and unemployed? Or 27 and living your dream???? Mind you, you will be 27 either ways.
What about the guy who failed in 10th and dropped one year. He is still two years behind! What about the guy who did everything on time but went to a mediocre college. And took three more years to find a decent job? He is also three years behind! So you are neither ahead, nor behind. You are just in your time zone.
You will enjoy your youth in NALSAR while building a great future potential. Just study harder than what I did :P NALSAR will give you a quality education that will change you for life. The soft skills, the great mooting-debating culture, the awesome library and the general exposure to the best law students of India would make you future ready.
Nalsar is a great college, great infra, great life, great everything and a very BIG brand name. I can understand why you did what you did. If it was a master's degree I would have bluntly said yes, but a BA LLB from NALSAR is a dream many wish for and you are living it! Age does not matter. At 27 you WILL be still YOUNG (and earning well in a Big 6 or corporate with a lot of future potential). I am in a big 6 and NLSIU/NALSAR still have that old world charm. NALSAR made my life easier. Even though I was not in the top 30, STILL I got a big 6 law firm offer. In a lower NLU at 40 rank they would not have even probably interviewed me. In my old lawschool, no recruiter even came for placement.
So no matter what ANYONE else says. NO YOU DID NOT MESS UP AND YOU DID NOT TAKE A DUMB DECISION! I almost feel writing to my past self 8 years back. Thanks for this opportunity!
Thanks π
It's a bit outdated, given that there's a really important judgment regarding the IBC every few months, but it's still a very good doc to understand how the legislation works.
2. Try studying Income Tax law. It is one of the toughest in legal circle. But if you are even minimally ok with that, your grasp at other laws gets shot up. (CPC/CrPC/IPC etc laws are too simple compared to Income Tax)
3. Being an intern under a senior is way better than being an intern in a law firm. But you need reference for that.
4. Gujrat High Court streams live hearing on youtube. Watching it is very helpful. (Do it ASAP as CJ Vikram Nath is getting elevated & next CJ may not continue this, as no other HC is doing this)
5. When Gujrat HC stops Youtube, go to ITAT website, they have hearings on cisco-webex with login ID & PW, just observe that, it is too rich
2. As someone above said, moots are overrated. While moots and specially grand moots (Vis, Jessup, Manlachs, OxPrice) teach you a lot of law and are a really big achievement (provided you do well), if you feel you are not cut out after trying 1-2 moots, drop it. No need to endlessly do small moots, they don't count for much.
3. Most cells/committees are overrated and add little professional value. Volunteer only in your free time.
4. Joining Law Reviews/Any Good Journal + Writing for Reputed Journals definitely helps, both in terms of learning the law + academic value.
5. Intern Intern Intern - Probably the most important part of law school, other than grades. Internships add most value to your CV and also help you a lot in terms of learning. It doesn't matter if you are interning with small lawyers initially because if you do well enough, eventually one of them will recommend you to a bigger platform and there's no looking back from there. If you are good and hardworking, you can carve out your own path through internships.
1. CGPA is important, but it is not everything. I only had a decent CPGA in my first two semesters. It was probably because I was more into extra-curricular stuff like quizzes and football. I used to go for all random college fests and skip a ton of classes (we used to get attendance for representing our college, so it was a win-win). So I lost quite some internal marks (we have a weird marking system that has parameters like class participation, etc) and even though I tried compensating them by studying hard for the final exam, overall, I fell in the top 20-30% of the class. Now looking back, maybe if I had put in an effort, in the beginning, my grades would have been much better. But honestly, I feel that having a well-rounded CV and knowing your shit would count more than having a 10-grade point by mugging up the whole textbook. But if you plan to sit for college placements, CGPA matters as firms usually consider the toppers for interviews.
2. Moots are overrated. From the first week of my college, people considered moots to be huge and seniors who mooted were considered stars. So, everyone wanted to moot, and honestly, I don't think it makes much difference. Our Uni used to notify all random moots from XYZ Law colleges and I spent quite a lot of time in my second and third year participating in these ones. Yes, winning them gave us a bit of cash, but at the end of the day, the only thing I learned from doing these moots was the basics of that particular field of law. But international moots are an exception. Winning them is pretty huge. I'd suggest trying out mooting, and if you don't feel like it's your cup of tea, don't waste time over it because your friends are doing them.
3. Research papers are underrated. Honestly, writing articles or even blogs will probably teach you more than attending a class. There is no such thing as a bad writer and writing is something you get better at when you keep writing more. Start writing smaller articles and send it out to good blogs, including those foreign universities. You might get a ton of rejections, but often, they'll be accompanied by a review and it'll help you get better.
4. Get into the editorial board of any journal. Getting the position of any journal or your Uni's law review is a great thing to put on your CV and it would also greatly help in improving your wiring skills. If you find it too hectic, leave the board after your term, but trust me, it will be a wonderful learning experience.
5. Find out what you love and internships are important. Try to access yourself to find out what field of law you love and then try doing internships in that particular field to see whether you actually like it. I loved IP as a subject, but after doing an internship with an IP firm, I realised I don't want to be doing that for the rest of my career. Sometimes, you might hate a subject, but love it after you do an internship. So intern as much as you can. Be prepared to get continuously rejected, but there are tons of law firms and nothing is stopping you from applying everywhere. And it's okay if you don't have it figured out in the first 2-3 years. You will, eventually.
6. Enjoy your law school. You will be spending half a decade with the people around you and time flies quickly. Don't hustle the whole time and remember to have fun. Once college reopens, hang out with your friends frequently and go for trips. The five years you spend at your Uni will probably be one of the best times in your life. Don't waste it.
1. You might not make it to partner at a tier-I firm. There's nothing wrong with that, most people don't. Do not start with the assumption that you will stick it out for 20-30 years, you might make yourself miserable. It might seem very achievable before you start working, but the considerations change a lot 2-6 years after you start working.
2. Some practice areas have the potential to make you a lot more money. M&A (especially PE) would pay you a lot more than IP or tax for instance.
3. At senior partner levels, your compensation will (at most places) be tied with your ability to get and retain clients. If you cannot get reliable clients, you will not make a lot of money. Unlike progression through the associate ranks, you will not make huge jumps in salary just due to experience.
As for starting salaries, depending on the firm, you could earn close to a crore, if not more, in the first year. It depends a lot on your team and work-profile more than anything else.
Generally, you will almost never leave a firm, especially these days, because you earn too little. For most people, even the prospect for earning crores before they are 35 is not enough to keep them in firms.
IMO you should work at a firm for a few years regardless. People on this forum discount a lot of the polish and skills you obtain as an associate in a firm. Being able to review, draft and negotiate agreements with firm experience will make your business life a lot easier.
I had got into the college through the general category (had filled in the CLAT form as general, not OBC) but because RMLNLU had state OBC reservation, and my last name being very popular in Uttar Pradesh a lot of people simply assumed I had got in through the OBC category. This is despite the fact that on basis of CLAT rank, I was at rank 11 in a batch of 160 so barring 10 individuals everyone else had a lower rank.
The discrimination I faced was never direct and always very subtle. For example, if we were discussing career prospects, I was always told to aim for the judiciary ("tera to ho hi jayega" you will get in). It was never spelt out why I would get in but it was because the lower judiciary has a caste-based reservation.
The intensity was of a lesser degree for me because of a couple of reasons. First is the ability to communicate in English and give as good as I got. The second was the fact that I belonged to a middle-class family, and considering how diverse the crowd is at RMLNLU, even that was a position of privilege over there. The third was the fact that I am a native of Haryana with an above-average height and bulky build, and the popular perception was not to mess with hot-tempered Haryanavis. I would be candid here, I never did anything to get rid of that perception, may have in fact emboldened it on few occasions.
Of course, it was a lot worse for others, few SC/ST in our batch, the ones who couldn't have afforded RML without a scholarship, despite it being the cheapest NLU amongst all NLUs. They were always together in a group, aloof from the rest of the student body at large. The lack of confidence was such that they never really even tried to gel in on their own.
Of course, that being said, RMLNLU is not alone in this, I know of similar instances taking place at NLUJ and NLIU through people I trust. I wouldn't be surprised if this is an issue at almost all of the NLUs. The only good thing about this is that while not always, but in many cases, reservations does work out. I know of many from RMLNLU who without the support of affirmative action would not have been there where they are and it would be incorrect to say that they reached there only due to reservation. Most of them had to work twice if not three to four times harder than someone like me who already had an exponential advantage just by being brought up in a metro city.
Of course, all this is not to say that I am better than the rest. I have taken part in banters with close friends on multiple occasions against upper castes mainly Brahmins and Baniyas (most of my friends somehow belong to either of the two for some strange reason). My only saving grace is, as far as I know, no one can make an accusation that I have ever discriminated or even slighted someone due to their caste. Caste is a complex issue and I can only speak from my own experiences and cannot, unfortunately, offer much nuance as you can see it never really impacted me in a material way.
Gopals father was in the IAS and retired in the early 90s before Gopal even joined Law School. His dad had been suspended from service by the Bangarappa government and Venugopal appeared for him in the Supreme Court.
Of course, Gopal is close to Venugopal, but that's because KKV demands such affection, and not only from his own chamber.
To shift from Bangalore to Delhi and start from scratch isn't easy. Rajshekar, Sidharth Agarwal, Jayant Mehta and others have their families in Delhi and that went a long way in building practise. Owning a home and having family support is a big thing in this profession, especially in Delhi. You won't find anybody who made it senior like Gopal did with such few years of active practise - he took 2 full years off from 2004-2006 to see whether he wanted to come back to law. Check his YouTube interviews out.
1) There is a lot of groupism among the people who came in via reservation. The other groups within UCs were mainly based geography (people from Maharashtra would hang out only with fellow Maharashtrians etc.) I think people from my community just have a better sense of unity and helping each other out because weβve been through it together.
2) I never faced direct discrimination. I mean people didnβt even know what was our caste but all of this till we got our results for the first sem. Low scorers are usually perceived to be lower caste students and tbh thatβs true mostly but the stereotyping is active discrimination. It seems like they are smirking on us for not being βmeritoriousβ enough or laughing on our struggles.
3) We know how to give it back. Most of our parents are in police or central government positions or civil services and so weβre used to giving it back to anyone who is casteist. We donβt go for SC/ST act on every minor instance we instead are united enough to teach lessons in better ways.
4) Discrimination usually comes from close UC friends who become comfortable enough and think itβs okay to make βdark jokesβ
5) We struggle with academics and placements which is the most active form of oppression. You canβt just give us a seat in a good university and then itβs adieu. Dude we need to get good grades, the bar should be lower for us. And why is there not a look at overall profile rather than grades. Youβd barely find anyone in private jobs which is the most active form of discrimination
If you actually want to help a community and undo thousands of years of oppression, facilitate reservations at every stage of life including private jobs and promotions. We will get it someday soon inshallah. Jai bhim π΅
1st was a tier 2 NLU, where a few of my classmates did make fun of students who came who were admitted via the SC/ST quota by using the argument of merit, Fortunately they were very few in number and their merit argument was debunked by some of my good UC friends.
The teachers fortunately did not make us feel different and out of place at all. Infact our Sociology and History professors went out of their way to educate the entire class about caste based discrimination it's History and the need for Reservations.
My Committee members were very helpful and never asked us for our Caste and treated everyone equally, This might be because out Committee chairperson (Professor) was a SC as well.
In the second Law school, Which was a Tier-1 NLU, which I joined after preparing for CLAT alongside my 1st Year, The experience was vastly different:
A few teachers asked us to introduce ourselves to the class by telling our CLAT AIR rank, and by attacking the concept of reservation.
Among my batchmates, the topic of reservation hasn't been picked up yet, so I don't know their stance and opinions other factor can be the virtual law school.
I did feel a bit left out, but that was more to do with the economic status and Connections. (Which can easily be linked to the UC privilege)
The actual reality as to how we SC/STs will be treated will come forward once we come back to the campus.
Overall my experience in my first Law school (Tier-2 NLU) was wayyy better than my time at the Tier-1 NLU.
Like any differences manifesting in socialization/treatment by students, faculty and admin/committees/feeling 'out of place'/any other banner?
P S.
This is not a thread supporting or attacking reservation, it's merely about the experience of SC/ST students from their own perspective.
Please reply, especially if you got in through caste-based quotas.
Moving to a new place can be an overwhelming experience, especially if your kid has never stayed alone and has always depended on the parents for everything. Your kid will need to make friends there quickly, as they will become his/her support system there. A simple thing such as getting a car to travel, which the parents would provide back home, might seem infinitely difficult in these NLUs (most NLUs are in remote locations) if the kid doesnβt have friends to share the auto/cab fare with or the restaurant bill with(they charge a lot even for small distances near these NLUs). This may sound like a small hiccup, but when combined over time, they can make your living hell. More than teachers/ colleges, itβs the peers who will have a role in shaping him/her. But making friends can also turn out to be difficult due to culture shock.
By culture shock I donβt mean that different people have different food choices, or speak in different languages/ accents. While these are definitely a part of culture shock, itβs the other things which arenβt so apparent that one needs to be careful about.
We donβt give much thought to the process of making friends - for most of us (including me) it is an organic process where you find mutual interests and/ or you bond with people over time.
But in an NLU, where you have people hailing from different parts of the country, the way you speak and interact can vary massively. I learnt this the hard way that in these social interactions with your peers, your words (and non verbal) clues play a huge role in how they perceive you.
For ex- with some people, using abuses is absolutely unacceptable and considered uncouth, for others, itβs the most honest form of expression they can show (non-verbally) that they have accepted you as a friend, and that they are not βpretendingβ to be nice around you [Yes, some people confuse good manners with pretentiousness].
Or rather - how something said as a simple joke can be interpreted as an extremely rude comment by the others, and even viewed as extreme obsession with self [lot of people donβt understand exaggeration which is used as device to make jokes funnier]. These social interactions can seem harmless but end up be defining your entire college experience, as people are quick to judge, and you have to stay with them for the next 5 years.
(I am aware these above experiences are a bit difficult to put into words, so please bear with me)
NLUs were created to be a hub for diversity, and while the intention behind it seems good, it becomes a place where different worlds collide. The ugly side of it is when you put a bunch of inexperienced irresponsible youngsters in the same room, who have mostly never tasted freedom from their parents before, it becomes a cesspool for some of the worst activities which you can people imagine doing. (Iβm not referring to drinking or smoking up)
I felt very out of place in my NLU, like I didnβt belong there. It turned me, who was an extremely outgoing person who loved to meet new people, into someone very introverted, avoiding people at all costs. Every interaction felt like navigating a landmine. I didnβt have a support system, and I struggled a lot....everyday day in the college was another day I dreaded. I tried to look for people around me to see if anyone else was going through the same thing, but couldnβt find anyone. For a long time, I kept wondering what I was doing wrong.
As I grew older, in my 4th/5th year I realised this wasnβt just happening to me, but countless other people. Just that no one was speaking up. Like me, all of them had stepped away from social interactions, and faded into oblivion. They were amongst us, but like the shadow around the corner that you donβt notice, they were inconspicuous.
The issue with trying to explain this to others is, itβs like discrimination..you wonβt realise itβs happening, unless youβre the one facing it. The bright side is, most people do have a very positive experience and make lifelong friends in college. If you are from North India, thereβs an extremely low chance of you facing this horrible experience (majority of the NLU crowd is from there so youβll fit right in), but if youβre from a different part of the country, youβll soon find yourself being ridiculed or laughed at for the smallest things which are very normal for you. Obviously not everyone targets you, but in your first year, when you are just trying to make friends, it does feel like the entire world (read 5 batches of college going kids) is laughing at you.
I hope this long paragraph has given you a different perspective and highlighted something that needed to be discussed. What I would like you to takeaway from this is, in the initial 1st - 2nd year, be there for you kid as heβll need your support to transition into his/her adult/ college life. Donβt dismiss their concerns by asking him/her to just adjust. Heβll figure out his way on his own, but it will always be less painful if he/she knows you have their back and are willing to listen to them.
[Btw, I managed to survive college and I am currently a lawyer in a top law firm, so college life is not the end of the world]
Since Iβve written an essay by now, and itβs customary to end these things with a fancy quote, I would like to end this rather pedantic paragraph by this quote which almost became my college yearbook quote:
The Office, Season 7, episode 19, minute 14:45
Consider:
1. Ability to comfortably type on the device.
2. Ability to comfortably attend virtual sessions (video + audio).
3. Ability to stare at the screen for hours.
4. Ability to carry this device around comfortably.
5. Ability to install apps/word processors, research.
6. Enough processing power to explore coding, basic video editing, browser heavy applications, etc.
7. Enough speed to browse learning and content writing opportunities so that, if you can't afford the best now, you afford it at the end of your first/second year, internet (twitter+YouTube+google+fb) is full of people willing to pay for stuff. There is a GNLU kid making YouTube videos on this. Check it out.
Notes can be taken in writing. A windows device will make your transition into workplace smooth.
IPad is overrated unless you are artistic person, in which case, get the pencil too.
Thanks a lot everyone. We are not the typical strict parent. I want him to enjoy life. The moment his CLAT results came we even bought him a bike. We don't check his phone or laptop. We are all for his freedom. Actually this question was posted here once he also asked allowed us. We have full trust in him.
But at the same time, he is a child as far as we are concerned. We don't want him to be addicted to some drugs or have bad friends who take alcohol, cigarettes, drugs or chase girls. You all are youngsters, when you become a parent probably you will understand.
Now it seems national law Universities will only open by 2022 - 23. After this covid fiasco. So he can easily spend 1 to 2 years at home.
Enjoyed reading this. Helpful to us.
** Positive ** - Iβve not seen a firm as non- hierarchical as Azb, flexible dress code (does not have any stupid rules).
**Negative ** - 10 am punch-in time, lack of trust in employees (non- existent wfh policy pre COVID, recent hasty decision to call people back to work amid COVID).
(a) Before you mindlessly start summarising, if required take, half a day to just go through the relevant documents. This would help you in getting a generic idea of what the documents are and any critical points. Also, would be helpful in knowing the impact of the transaction on such contract (if would require prior approval of counter party).
(b) once you have gone through the contracts, try to identify the similarities between the contracts. Especially, if they are company templates, you would be able to identify that probably certain commercial terms are different across the drafts. Identifying what are similar and what are dissimilar helps a long way in efficiently (if not quickly) summarising DDs.
(c) Refer back to point (a). Ask yourself why is this agreement necessary and why are you reviewing it. concentrate on the same, rather than entire document. No one reads it anyways.
(d) if it refers to any other document, always ensure, to ask for the copy of the same, unless it stands superseded by the document.
(e) Spend some time in going through other documents. You would realise the documents use standard template. So, if you are required to summarise Force Majeure clause, rather than summarising boiler plate clauses, you could concentrate on out of the ordinary circumstances (let's say, ability to call labour strike or non-availability of material in a manufacturing agreement would be highly unusual, compared to Act of God).
Iβm only 28 years old and I cannot imagine wanting to be friends with or dating a college going kid. Iβd just feel grossed out. There is something wrong with him- he probably likes preying on younger women. An adult his age should not be interested in having any relationship with you outside of work.
The bad news is - this does happen. Especially when youβre a young unmarried woman around a lot of older male coworkers. And itβs hard to find the line between not being seen as unsociable and not being taken advantage of. Some of the things that have worked for me- just physically leaving the space when they start to get familiar- literally run away in the middle of a conversation if thatβs what it takes, joking about it and saying β oh god did you just seriously say that to an intern?β, or saying β Iβm not sure thatβs work appropriate you know?β, and being the most boring human being on the earth when they start to get inappropriate. If these donβt work- you need to have a sit down chat with them where you tell them you need clearer boundaries if you are to have a collegial relationship.
Document everything that happens as much as possible. Even if the calls arenβt recorded- tell a friend what happened every time he misbehaved.
You are at the start of your career. You will meet many men like this and many better men . Do not feel beholden to this guy or anyone else. Itβs not about ruining your career in its infancy. Itβs about deciding that you wouldnβt want to continue working under such conditions with such people. And asking for better for yourself.
Cut off contact with him and look elsewhere. You will have better luck next time.
Law school is an extremely fun place and I can't tell you how better of a person it has made me. Please listen to your kid, treat them like an adult, but be there by their side when they make a mistake. They are growing into their own selves and would have views radically different from yours, be open to that experience.
Based on from where your child was living, college could be a culture shock, so help them out with that. There are times when your kid would be under pressure, lend them your ears and be as supportive as possible.
If you care about your child to this extent to go out and ask such questions, I am sure you will be a great parent and will help your child out.
Good luck and thanks for putting such a heartwarming question.
2. Keep a strict budget for them - keeping in mind your lifestyle, and more importantly assessing the lifestyle of his/her peer group/fellow students (if you're affluent, but most of the kids/batchmates are not, then cut down on the budget. Don't fret, its for your own kid's benefit).
3. Be sure to review their academic progress (do it semester/trimester wise - don't sit on their heads about exams, projects etc. This is the time for them to become responsible, but don't "fire and forget". Be sure to keep an eye on their attendance/performance. My NLU used to send attendance updates monthly and transcripts at the end of the semester/trimester).
4. Don't let them come home too often. Once in the middle of the semester/trimester is enough, if at all.
I loved it but everybody's experience may differ.
As far as performing well is concerned, I don't think you at a distance can do much about it. It depends on self discipline. Possibly you could keep on motivating him to do well. As far as a good life goes, some home snacks and routine video calls went a long way for me.
I do not know any background, but one thing I think will really help your kid (and kids in general) flourish is taking the pressure off them. No matter how useless clat is, it is still a stressful exam, with a stressful period of preparation. People are constantly in a rat race comparing scores with each other. Things tend to continue at university.
Yes, grades matter, but it is not the be all and end all. There are a multitude of opportunities in and away from the law based on skill. So if possible, please make him realise that, I hope I'd realised this earlier. I wouldn't have taken so much stress in the final two years before placements (although that stress did improve my rank).
In all probability (based on statistics I've observed), he will drink (maybe smoke/smoke up too). Could help to make him try these substances in your presence, so that the curiousity angle is taken away, and he isn't left vulnerable among a bunch of strangers.
The first time I tried any of this, I was in college among people I trusted, so even if I embarrassed myself, it was not a big deal.
One thing for him to remember - it's a 5 year game. Don't be too individual centred early in university, don't make enemies, and try new things. From sports to academics, whatever. The friendships and bonds made in university tend to last a lifetime, and are extremely helpful in the legal profession, from a professional perspective. Wishing the best.
I purposely missed a few calls after that but was very much confused as they could have been about work too. But one of them was a house tour, him talking about my hair, and how βthe most sensual thing about a woman is her neckβ. He spoke to me a little about his past relationships, and his own life. Switched to the back camera and showed me something that was βwritten on his shortsβ. Said he considered me a βfriendβ. And more such creepy bs. I think he once said something about an erection (not his). I donβt have any record of anything because he was clever enough to call and subsequently switch to video call.
Anyway, at this point I was too uncomfortable and was glad my internship period was coming to an end. I kept quiet about this even though it was borderline creepy, but I thought the wise thing to do would be to shut up and pray I donβt have to communicate or be diplomatic anymore. But it didnβt stop, he frequently texted to call him and Iβd say I would but I never did. Because why? Internship over.
A few days later he proceeded to make a borderline creepy comment on my profile picture. Heβs otherwise nice and helpful when at work (not to be construed as apologia, or justification). But horribly creepy outside work.
I cannot pinpoint the creepy, and Iβd say itβs pretty unusual for partners to talk this much to their interns. I donβt believe in the whole call out culture on linkedin, definitely not willing to give this story a face. Is this sort of thing very rampant? I am actually terrified of working with a male senior alone now.
How can we ensure that our boy performs well and has a good life there?
NDA has a really good application portal. They usually reply in about 3 weeks time. Once you submit the form, you get an ID number with which you can contact their HR if they don't reply in the given time, and you'll have a technical interview if you get selected. Personally, I felt the interview was quite easy and they usually send a confirmation 3-4 days post the interview.
JSA sends out a HigherKnowledge link and asks you to complete at least 5 assignments. But they usually don't reply after you complete them (yes, quite annoying).
Luthra, Khaitan and AZB seenzones me every single time and sends a rejection after I follow-up with 3-4 emails.
I honestly have no clues about SAM. They don't even have a page for internships on their website so I guess they provide only via internship cell and contacts.
Hope this helps and all the best.
That might seem like a huge difference, but practically, most people deduct 1.5L for presumptive tax (which barely saves ~25k). If you are smart about it, that 13 lakh number can drop quite a bit. If you are earning that much, you will have a CA who will help you as well.
If I had to identify this, it would be that the culture looks outward to its associates and resources - it seems any actions that are taken that may even seem to benefit associates are taken incredibly begrudgingly. Case in point, the office reopening debacle. While the covid numbers did not look promising at all, and WFH seeming like an absolute success (many groups billed more than they had in the previous year), there was a sudden call to start returning to the metros where the offices are. Recent joinees rented places and paid lock-ins, and moved houses only to realize that the office will not open at all and got stuck in lock-downs in strange cities. There was an open house scheduled for this reopening which included exactly 0 arguments/statements in the favour of continuing WFH. There was supposedly an anonymous question portal - which was either not used by anyone in fear of retribution or moderated by the HR team which instead raised completely tone deaf queries such as 'What does XYZ think of the recently concluded American elections?'.
When the firm realized that other law firms were offering a COVID leave - a policy was hastily put together which provided for 7 (sEvEN) days of covid leaves if you or a household member is diagnosed. Even the most notorious WhatsApp forwards are now aware that the recovery period for the rona is at least 14 days. Such actions seemed to be approved so that a placeholder counter exists to any complaints that may arise from inside or outside the firm about basic compassion that can be shown to a 'resource'.
The recent increments have been amply covered elsewhere on this publication and it seems many many resources are now contemplating exits. No one is surprised because very shockingly, at such a successful firm doing so many incredible things, there are very very few things in place to build loyalty. Unfortunately, the money does not do the job alone.
1. I've never worked at a place that is as truly non-hierarchical. On my first day, a partner told me come with me for a smoke and then proceeded to bitch out Mummyji to me, a first year. In the words of Michael Scott, sometimes what brings the kids together is hating the lunch lady.
2. It's the best training ground there is - mostly because you do so much at such a junior level and are constantly stressed. The 10,000 hours of practice rule to perfection doesn't have a better ground to be tested (because you'll hit those 10K hours much sooner than your peers at other firms). Does it suck? Yes. Does it make you a better lawyer for it? Also yes.
3. It's a great springing board. From my intake back in the day, there were only 10 people who joined the Bombay office. Of those 10, 7 got LLMs at the best universities and jobs outside the country. Not saying that's the path for everyone, but if you can stomach it for a few years, you can have a myriad of opportunities waiting for you.
Good luck. A senior partner told me when I quit, congratulations on getting out of the quick sand before you got sunk in. Make sure you don't let the quick sand sink you in.
The fact that the Taliban was able to run through the country over a few weeks was because the Taliban actually has a large and legitimate following in Afghanistan, especially amongst the rural and the poor.
Hence Taliban is actually not a foreign force but an ideology to which a large part of Afghanistan subscribes to.
Additionally, it is in the bigger cities and the middle class/upper middle class who have always been the target of the Taliban and who gained the most over the past two decades.
These are the same people who are trying to flee because the retribution by Taliban would be directed against them.
For the rural and poor, Ashraf Gani and his corruption made their lives as miserable as they would be under the Taliban rule.
About America, well the less said the better. They just don't have the stomach or the fight to be the pre-eminent power in the world and now the secret is out there for everyone to see.
About the world, well it's always been hypocritical. We have molly coddled the Saudi's for years, even though the Taliban are nothing more than a cruder form of the Al-Saud form of governance and justice.
The only thing is that the Saudi's are rich and hence we kept our mouths shut and the Taliban are poor so we cry foul.
What would be interesting is to see how India reacts. Will we claim our high horse moral stand or actually work with the cards that are dealt to us.
An Afghanistan/Pakistan/China nexus is absolutely catastrophic for us.
However, it is also a huge time investment. If you can't get a moot like Jessup/Vis/Man Lachs/ELSA, you could pick up those skills from other activities. For example, you can build speaking skills through ADR and Debate, and research skills through writing articles/papers.
Foreign firms and universities do recognise moots like Jessup and Vis, but if you have enough on your CV otherwise, it doesn't make a difference.
To prioritise, you could maybe do a moot one year, and a research paper the next?
This is the truth, unfortunately. I am a GLC students and the less I speak about the manner in which placements happened and people with far less CV's got through and people who even fumbled with basic law questions got through. It is not in our hands.
Make sure you have drafted your CV well, have a look at the nujs format, because HRs don't see the content as they lack the brains, but they see the structure of the CV more. Also, try cold emailing people, atleast someone will reply. Also, those of your friends getting in through are getting through contacts, so forget about them, it will only stress you if you try to ponder on it. Also, make sure your basics are well done. Read contract, topa, company law properly and arb cpc (if disputes is your thing).
Try and write decent articles and publish them at reputed journals. Talk to people on linkedin. If you fail to get tier 1, try tier 2-3 internships, try Vaish Law , they will reply surely or firms like Bharucha, Samvad, Dhir and Dhir, etc. Don't lose hope, you will get what is your worth.
Build a rapport with the A0/A1. Tell them that you are looking to get absorbed in the team. Also request you them to get you in touch with an SA / PA in the firm who can guide you properly.
Alternatively, you can also write to the PA/SA - request for a 5 min phone fall. In your email / msg, mention it clearly that it is your second internship. When you get the chance to talk to them, tell them that you are looking for a job.
Keep in mind to not to write to an SA/ PA who has recently joined as s/he would still be trying to get adjusted.
The question should be, what would it take for investment bankers and lawyers to better understand one another such that they bring value to their work / role, which in turn flows back to the client(s) and the outcome of the deal? I'm gonna put down a few things that in my experience as a lawyer, require fixing from both lawyers and investment bankers.
In my practice as a lawyer, I see that the most common problems that lawyers create (I'm just being candid here) are the following:
1. failing to appreciate the work / effort that has gone into the deal, prior to the involvement of the lawyers. Most lawyers, in my observation show little or no understanding (let alone empathy) for the fact that the client, the bankers (& the tax advisors) would have spent several months (sometimes years) in trying to thrash out a commercial understanding with the counter party. The presumption that most legal teams walk in with is that everyone on the table is a greenhorn to the current deal, when in reality a lot of effort would have gone into even bringing the deal up to the stage where lawyer involvement becomes necessary. Of course there are good arguments to change this arrangement where lawyer involvement comes in earlier but lets touch on that later;
2. poor staffing on deals. This is of course partly (or largely) due to the very strangely budgeted lawyer fees that are allocated in a deal process. But the simple fact is that after a mandate is 'won' by a firm, inevitably the implementation (i.e. doing the DD and documentation) is left to a legal team which is led by a person who often don't have enough experience to handle such a matter. When I say experience, I mean that the senior-most person from the legal team who is on each call / meeting should have at least 8-10 years of experience (nothing less!). In an ideal world, the Partner or the PA (each carrying a track record of 8-10 years of experience) should be on each call such that there is at least some effort made in working towards closure (& issues can be resolved quicker, assuming of course the Partner / PA isn't a complete idiot!). The reason I harp on experience is because when you are on a vortex of z(d)oom calls trying to work out a deal, an experienced lawyer (or any professional for that matter) at least demonstrates a certain credibility and seriousness on the part of the firm and that side to try and resolve the matter and brings in some maturity to the trajectory of the conversation. In my experience of working with i-bankers (& I've worked with nearly all the big names), most of them always ensure that the main contact person: (i) has relevant experience of several years in the space; (ii) is constantly accessible throughout the process; and (iii) has the 'people' skill to manage all kinds of 'hairy' situations. The other allied problem of inexperienced lawyers on the deal is that we end up wasting time dealing with what are frankly timepass issues. A senior enough team will make the effort of at least pointing out the problems that can stop the deal or create a budgetary mess, instead of wasting large group discussion times on explaining the implications of under-stamped non-disclosure agreements whose term lapsed in 2017.
3. strange expectations of timelines. When you, as a lawyer, walk into a deal that's running under an i-banking process (whether as a Partner or as a first year associate), you should know that there is a timer that's immediately gone off the minute that your firm got mandated (even if your involvement came in much later - yes it is harsh, but that's life). Deals that are run through an i-banking process are ALWAYS aggressive on deadlines. I've never had a single i-banker come to me and say "Take all the time you want"; its always, "everything is due as of yesterday". That reality has not changed in years and it's unlikely to change in the future. If you get staffed on a deal which is being run under an i-banking process, you have to expect to be bombarded with deadlines.
Now, lets move on to things that I think i-bankers have gotten wrong, in the times I've worked with them:
1. Zero ability to prevail on the counterparty. If you ask me, the Dharma of an i-banker is to be an aggressive shark; whether it's through in your face combativeness or through consistent nagging and followups, an i-banker has to manage the deal effectively and keep pushing everyone towards closure (especially if there are no 'serious' issues or gaps in the commercial deal). I've met quite a few bankers who are useless at being able to prevail on the other side and push hard on their client's positions. Incidentally I did a deal with Avendus last year and they were brilliant at chopping / crushing / pummelling down the other side into a big sobbing mess (which worked brilliantly for my clients). Frankly that was very much the need of the hour in that deal and Avendus did exactly what was expected of a professional banker (i.e. push our point across, hard!). But I've seen several i-bankers who are a meandering mess when it comes to pushing a point across.
2. Inability to set a negotiating tone. If it is the i-banker(s) that has/have created the deal, brought the parties together and engaged the tax and legal advisors, it is important for the i-bankers to keep / preserve / maintain a negotiating tone throughout the process. I've seen this enough and more times to know that when an i-banker goes from being all out class monitor from chasing on documents, fixing calls, hounding for xyz, to suddenly going quiet, something has gone awfully wrong. Sometimes there may be reasons for the change but what a lot of i-bankers fail to understand is that if you suddenly change the pace of your functioning from fast to unresponsive, that's bound to kill a deal a lot quicker than you can imagine. It may seem like a rookie mistake but it has happened with a lot of very senior guys I've dealt with in the past.
3. No rapport with the counterparty. This is closely linked to 1 above (for i-bankers). To me a good i-banker should be pally, if not chaddi buddies with the counterparty (or if nothing else, the counterparty's worst nightmare - see point 1 above) and be able to push through otherwise tough positions and reach agreements on sticky issues, purely through a personal rapport that they build (remember that long process they run before the lawyers come in? WTF was happening then, I tell you!). A lot of i-bankers I have dealt with, despite their intelligence and IIM / ISB / Ivy-league MBAs are a disaster when it comes to trying to persuade the counterparty on a sticky issue, purely due to their inability to communicate or convey a POV meaningfully. A personal rapport, a connect, or at least a carefully positioned stance can do wonders at times like these - this is something that I've seen go wrong multiple times.
I am sure people can think of other problems as well for both sides, but enough of the chiding. The 'solutions' to what I mentioned above are, I'd imagine, not hard to appreciate and don't need to be laboured on.
To conclude, to anyone and everyone who thinks that lawyers or i-bankers are replaceable or worse, dispensable on a deal because of the challenges in working with one another, I would say you are hopelessly wrong. I would also say that you clearly have not experienced enough in life where you fail to understand the crucial importance of professional relationships, equations, friendships in creating a stake for yourself in the M&A/PE advisory space. Personal rapports are everything, especially for lawyers and investment bankers. And if you want to succeed, this mudslinging will do you no good, whether you are a lawyer or a banker.
"[...] an assessee [...] engaged in a profession [...] and whose total gross receipts do not exceed fifty lakh rupees in a previous year, a sum equal to fifty per cent of the total gross receipts of the assessee in the previous year on account of such professionor, as the case may be, a sum higher than the aforesaid sum claimed to have been earned by the assessee, shall be deemed to be the profits and gains of such profession chargeable to tax under the head "Profits and gains of business or profession."
My reading is that the section doesn't say a person can declare, at their discretion and without reference to facts, a lower income. Whether you have a higher income or not has to be premised on facts - the only benefit 44ADA provides is that the IT Dept cannot require you to provide evidence for your expenses if you have claimed less than 50% as expenses.
So, if you take the same example that I had first given. If I say my income is 12.5L (so, I claim expenses of 50% of my gross receipt of 25L) and I invest 15L in mutual funds in that year. Can I assert that my income was in fact 12.5L, when clearly, I have more than 15L saved from my gross receipt of 25L? I don't think so.
So, IMO the tutorial doesn't follow the section. I did find this instruction to file ITR 3 - see Page 13/152 (or search for 44ADA a few times) and it states:
"The presumptive income from the professional activity should be reported at column 62(ii), which is required to be computed @50% of gross receipts. In case you have actually earned income at the rates higher than the specified percentage of gross receipts (i.e. 50%), please note that you have to declare income at such higher rate."
Since this is a relatively new section, it will be interesting when the first case reaches the ITAT level. I had checked for 44ADA cases some time ago and couldn't find any relevant decisions. Those who practice tax, do let me know if you've come across any case law on this issue.
I am a non-NLUite from a middle-class family with no social capital to leverage when I entered the field. I am sharing some experiences that you may find relevant:-
1) Getting First Job - I interned at this law firm in my final year (not Big6 but a decent paymaster overall). I worked with some of the nicest people and one of the team members even agreed to recommend my candidature for the job.
I had an hour-long interview. Post-interview, I was asked to do another internship at their another office before they could commit. This was my final year and I declined their offer on the call itself. I told them that I had other job offers and I had no intention of leaving those for an internship. I was asked what these other job offers were (I had no other offer at that time) to which I replied that clearly, this firm was better than any existing offer I had, as otherwise, we wouldn't be having this conversation.
Eventually, they agreed to prepone the so-called internship so I can join them in the month of May itself, converted the position of a Paralegal which implied I would be paid a living wage (slightly less than half of an associates' salary) and renegotiated the decision period from 6 months to 1 month. Once I joined them at this new office, (team members were different here) I discharged all the functions of an A0, with the distinction that I wasn't a law graduate yet. Anyways, at the end of the month, they told me that they needed to extend the observation period to which I politely said no. Some of the folks working at the firm were upset and saw this as ego talking. My personal take was that a promise was made and it didn't seem fair that I was asked to do the job at half the pay for no reason. Anyways, I was told that were unsure and could not extend me an offer.
Not all was lost. On the last day, I pitched something I was working on for some time to the managing partner, and while I did not get the account, it gave me a lot of confidence. Also, The stint at the firm helped me get a very good stint at litigation (I was getting almost 4x of what an average fresher lawyer was being paid, though overall I was still underpaid by the law firm standards).
2) Doing Pro Bono Work - Doing pro bono is nice if you are doing it for the needy. I was doing free work for major organizations in the hope that I will get some work later on but zilch turned up. I started saying no and instead of doing the job for free would say something similar "in order to build trust and have a long term relationship, I would be happy to do it at half/one-third of what I charge". This helped me a lot more than what I was doing earlier.
3) Negotiating with Large Client - After following up for more than a year (yes, you read that right, it was about 14 months), I eventually landed a very large client. They liked my work and I was in but consideration for my services was yet to be settled. To close the deal, I gave them a very generous discount (Instant regrets post-closing). They had the volume but margins weren't there. After working with them for 2 years, I eventually told them that I cannot continue to work at the discounted rate and the price will need to be hiked substantially. They of course said no to that. So, work stopped coming in and I had doubts if I had made a mistake. Anyways, 5 months later and (trying it out with few other folks I imagine), they came back and offered to pay what I had initially asked for.
4) Taking Down Bullies - It was my early days with this one major client, and this one person was giving me hard time for no reason. In the larger scheme of things, I was the master of my own destiny, and this guy was not even management but because he was the client I took it. Eventually, I was about to lose my cool one day and decided enough was enough. I reached out to the decision-maker i.e. who was my initial contact at the organization and asked him for a quick call. I requested that I would like him to change my contact person at the firm. He asked the reason, I did not say anything adverse other than that I don't think we will get along. The person told me if perhaps I would be generous enough to give one more chance to the guy. I don't know what happened internally but I never faced any issues over there again.
Yes, I can also write about 10x of more incidents where things didn't go my way but such is life, the point is you need to stand for yourself and be confident in your abilities. Law firms or any other organization is not a charity, they pay you that much because they extract work of atleast 3-4x value. Also, no matter how much they try to convince you are replaceable and 100 are sitting outside to replace you, don't fall for that. If it was so easy to replace people, headhunters would have died out by now. Remember a law firm's core assets are its people, and if they think they can get any idiot to do your job, then what exactly is their strength. Be firm, be assertive and always stand up for yourself.
Self-assess yourself, and see if you are up for the task, if you are, don't take any sh*t from anyone. If you are not, I would recommend that you work on yourself and if the place is toxic still, consider changing jobs. Self improvisation requires you to be at peace, if you are constantly stressed out, the last thing you will be able to do is exceed expectations.
From my experience starting out, a few suggestions for your consideration:
1. Think about whether you can afford to scale up the office expenses a bit more - if you can get to the 40k range. It will help. I started in a 14k office in Perin Nariman Street (towards the CST end) and I moved in six months to a 30k one. I started in attorney practice and realised that once I got a decent client I could not really have them come to the broken down building... From your post, it seems you are starting as an attorney/on-record rather than as counsel (if counsel, then you also want an office somewhere where attorneys will not find it all too inconvenient to brief you at the last minute...). Another option for you is (if you have a budget around 25-30k) is to go for a business centre. There are plenty in Fort. One counsel I know started out with a cubbyhole for 18k and now has two rooms in the business centre. Some law firms have started their Mumbai offices in business centres (before moving to larger spaces). If you have a team of 2-5, it can be very convenient. Justice Srikrishna was (at least pre-pandemic) running his very extensive arbitrator practice from a business centre premises. Very convenient. More expensive that the pure rentals, of course: but it is something where clients can come, there is a decent reception, electricity and cleaning is paid for etc... Also, your refundable deposit amount will be 3 months (and not 6 months) so less one-time.
2. Do you absolutely need a junior? If it is just for getting dates when you are stuck or something, or doing basic first drafts in some matters, you might instead simply brief junior counsel on matter to matter basis. The absolute juniors in counsel practice charge really low. And if you brief them in their first year, when five years later they get clients approaching them, they won't forget that you assisted them when noone else did and refer chaps to you...
3. Why 5 desktops?? Two laptops (or one laptop + one desktop) is more than enough. One for your own work use; one for general office use (to be shared by the rest of the office).
4. You do not need a peon and a court clerk. You can engage court clerks on a matter-to-matter basis (for 3-5k, they will handle filing, removal of objections etc), and that clerkage can be expensed to clients directly together with court fees.
5. Speak with one of the photocopiers nearby and get them to give you bulk discounts for routine printing - many will give you a bulk discount but also give you matter-wise bills: extremely helpful for expensing out. But buy a scanner nonetheless: way too expensive to scan outside. And have the peon operate the scanner and raise "bills" on you (for 50% of the outside scanning charges) so you can expense that out to the client (and recover your scanner investment).
While the original intention was in fact that 50% of the profits will be deemed to be the income of the assessee (see the union budget for 16-17), however, the drafting does not follow the budget speech and neither does the explanatory statement (see Para 38 of the linked explanatory statement), which only speaks of reducing compliance burden and then uses the same "50% or such higher sum" language.
As the stated intention in the explanatory note is to reduce compliance burden (and not tax burden). So, what 44ADA provides for is that professionals making less than 50L are exempted from keeping bundles of evidence and preparing a statement of accounts. The exception to this is when: (a) someone claims more than 50% of their gross receipt as expenses; and (b) when the gross receipt exceeds 50L; in which case the IT Dept wants you to get audited and retain the proof of your expenses.
Read Para 38 of the explanatory note to FA 2016: https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.incometaxindia.gov.in/Communications/Circular/Circular03_2017.pdf&ved=2ahUKEwjE2qXU_abyAhU38nMBHST0BE0QFnoECCEQAQ&usg=AOvVaw1yo4TqZqTtkO3iqeHHc3MK&cshid=1628616699762
Read ITR3 (search for 44ADA): https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.incometaxindia.gov.in/forms/income-tax%2520rules/2021/itr3_english.pdf&ved=2ahUKEwjC6ou9_6byAhWoxjgGHThwCCoQFnoECCMQAQ&usg=AOvVaw2mjkdv91kdWYpzyNX0Q_bz
Also does your society allow? What will you do when you visit home etc need to be accounted for.
Cats are easy to raise - less demanding and no society frowns on cats. Even your flatmates won't shout if you have a cat.
Dogs are 5 times more difficult to raise - they need to go for a walk, Food on time over attachment, regular bath and vet visits etc. Dogs maybe more loving and loyal - but raising it is not a cakewalk.
And even if you raise a dog - it will be a dashhund, beagle or some miniature ones; you won't be able to raise a GSD or Rottie in a small apartment. Especially when you are not in the house from morning to night.
Don't adopt without taking everything into consideration. Dogs get overly attached in 10 to 15 months, after that leaving the same is cruel - so think and decide.
If the Company issues secured debentures, the details of the secured asset needs to be filed in CHG- 9. (CHG-1 not required to ne filed in the case)
So anything related to secured asset in case of debentures goes only in CHG-9 be it registration of charge, modification of charge or even satisfaction of charge.
PAS-3 on the other hand is filed when a Company issues securities on private placement basis (i.e to a select few investors instead of general public). Securities would include share and debentures or any convertible instruments.
The retainer (gross receipt) is like the revenue of a company and your "income" is revenue minus expenses. Income tax is only applicable on income - and not on your retainership / revenue / gross receipt. I don't want to sermonise on what expenses you should or should not claim but legitimate expenses related to working as a lawyer can and should be claimed (for example, taxi rides late in the night post work which aren't expensed to a client is a valid expense). House rent, OTOH, is not a valid expense (during non-COVID times) even though the vast majority of firm lawyers show that as an expense. This concept is set out in S. 44ADA. [Note: As an aside, please don't get confused like 99% lawyers and start thinking that 44ADA presumes that 50% of your gross receipt is deemed to be an expense and so you effectively only pay income tax on 50% of your gross receipt. This is a common misunderstanding which even some CAs entertain.]
Every month the firm will deduct 10% of the retainer. The 10% deduction is pursuant to S. 194J of the Income-tax Act, 1961.
S 211(1)(b) is an exception to the general rule which allows "professionals" to pay the entire amount of advance tax by 15 March (as opposed to throughout the year for all other people). So, you have to pay the total tax due to the department by 15 March after accounting for the TDS already deducted by your firm. This is the reason you firm shares Form 16s with you.
For now, the old regime of slabs and deductions will be more beneficial to you. Which means, after you've reduced the expenses from the gross receipt, what is left is your income. For the first 10L, you will pay 1.25L and thereafter 30%. From this income, you can make some deductions permitted under the IT Act. Under 80CC, you can make deductions upto 1.5L and there are some other deductions available. Google that shit.
Due to the TDS and the expenses that you can deduct (this is year deducting house rent, mobile bill, and home internet bill will be a legally valid expense IMO) from your gross receipt; this effectively means that in the first couple of years (if you're in a Tier 1 firm and maybe till year 3-4 year if you're not in a Tier 1 firm) you won't have to pay any advance tax since the TDS already deducted through the year would be more than the tax you are liable to pay after considering the expenses from your gross receipt and deductions from the income.
An example is below:
Assumption:
Gross receipt is 25L.
TDS rate 10%
Old tax slab (because I remember that better)
Expense is 5L.
So, income is 20L (25-5) and total TDS deducted till and including for March will be 2.5L (because the tds is deducted on your gross receipt).
Assuming you've made no deductions (ELSS, PF, etc.), the tax that you're liable to pay is 1.25 for the first 10L and 3L on the next 10L.
So, total tax due is 4.25L. Net amount payable after considering TDS already deducted is 1.75L (4.25-2.5).
So, by 15 March, you would have to pay 1.75L as advance tax. Of course in real life, all of this gets a little more complicated depending on when you get your bonus and income arising from FDs or STCG in debt mutual funds, etc. etc.
What purpose do these law journal hardcopies serve? Is it for interior decoration? Do you get some tax incentives? Why do you do it?
Also, if then a lateral joins at A2, they'll have the same base pay as other existing A2s right? I think you're conflating two different things. OP is referring to what I said above. What you're referring to is the pay disparity due to discounting of experience, which is a different matter. The person you're talking about - regardless of the fact that he joined with PQE of 4 years so should've been an SA - he joined as A2 so at least he must still be paid equal as other existing A2s right?
As far as the nature of litigation goes, let me tell you that litigation reflects life. There are levels to litigation, but all courts exist as part of this world and are manned by people of this very world. All courts will thus mirror the world they are a part of.
The world is at times unscrupulous. People are unscrupulous or streetsmart or conniving or cruel. As a lawyer, you may be asked to work for them or work against them or with them. Develop an understanding of these aspects of human behavior. Empathy for the wicked or powerful as much as for the victims. It helps you forge varied professional relationships, or refine your approach to ease dispute.
You must try and understand that people have positive intentions for their actions, even if you judge those actions harshly. The streetsmart man may have to be so to survive in his ecosystem. The unscrupulous man may have been wronged and never met true justice. The criminal offender may have been abused as a young child.
What part of your observation of the world you allow to inherit as your personality is your job to filter. Good mentors will help you choose well if you choose your mentors well. There is room for the virtuous and also the wicked, both in litigation. Both can co-exist in a man; indeed both do in most of us. The wise lawyer knows he is not judge. The wise judge knows the lawyer is not a reflection of his case or client.
Enjoy your college years. Let this be your takeaway.
Debenture is a specific format of instrument and whilst it represents a debt, is different from loan.
Also, any company may issue debenture, but unless specific thresholds are met, a company cannot accept deposit.
To summarise, all debentures (unless excluded in terms of Acceptance of Deposit Rules, basis the subscriber (such as company) or nature of instrument (item (ix) and (ixa)) ) are deposit, but not all deposits are debentures.
Also, deposits need to be repayed within 3 years while debentures can remain outstanding for 20 years.
Deposits can only be raised through members.
(And persons other than members if public company crosses a certain threshold prescribed.)
Further, certain debentures are convertible into equity shares but deposits cannot be converted into equity.
2) Many other expenses not considered- subscriptions to journals/ reporting services, refreshments, conveyances, internet/telephone, mail id's, repairs etc, various miscellaneous expenses,
3) Buy laptops instead of desktops. You can get decent ones in same range. And for litigation, you don't need very high specs, unless you have lot of heavy excel data files etc. Also, for four persons, why you need five systems, even after assuming your peon and court clerk are also given a system (unless the steno is on your payroll and needs a system).
4) You may want to see when to go for recruitment and don't start with this much team from day one, since it may not be completely needed in beginning, unless you've good deal of work from day one.
One suggestion - just visualize yourself in office (or better, go to an operating office and just look around), you'll realize all expenses. You'll also need some funds to meet initial payroll and other costs, since your cash flows won't be in sync with outflows plus as a start up, you'll have some lean months in beginning. Please consider keeping aside six months operating costs as a reserve, which will burn through and then cash flow mismatch will come up. Of course, this won't apply if you have a steady cash flow (not billing but actual cash receipt) from day one.
Rawls is one of the most flawed philosophers and the idiocy of his construct has been suitably dealt with. Look, you can subscribe to whatever notions you want (it's a free world), but if you genuinely cannot acknowledge the validity and soundness of views that differ from your own (and that appears to be the case here), then, you have a much bigger problem than what you realize. That's okay - I'm not the one who is outraged and constantly resentful here (I'm not saying you necessarily are though the tone and substance of your exchanges so far would suggest that you have a chip on your shoulder - not something that I'm trying to say to be pejorative, but as a general observation).
I'm sure you're a nice person IRL - friendly piece of advise: in my experience at least, some of the most enriching experiences and character development that you can have, will arise from friendly interactions that you have with people who disagree with you entirely. It would be very good for any person to have the humility and maturity to recognize that our way isn't the only way.
Peace.
Expenses
Books
Bare Acts β Rs. 3500
Commentaries β Rs. 15,000
(leatherbound volumes)
Stationery
Letterheads β Rs. 2,000
Envelopes β Rs. 2,500
Stamps/Seals & Inkpads β Rs. 500
Stationery (Printing paper/Ledger paper), Pens β Rs. 3,500
Computer hardware
Printer cum Copier β Rs. 9,000
Office Furniture & fixtures (chairs, desks, sofas, ACs, cabinets etc) β Rs. 59,000
Scanner β Rs. 5,000
Desktop PCs (Rs. 30,000 x5) - Rs. 150,000
OFFICE PREMISES
One time Security Deposit & Brokerage for rented office = Rs. 200,000/-
------------------------------------------------------------------------
TOTAL = Rs. 450,000/-
Monthly Outgoings
Rent (Bombay) - Rs. 22,000
Power - Rs. 2,000
1 Peon salary - Rs. 10,000
1 Court Clerk salary - Rs. 20,000
1 Junior Advocate salary - Rs. 20,000
Printer refills - Rs. 1,500
Stationery refills - Rs. 3,000
Postal Costs - Rs. 5,000 (for service, recoverable from client)
Steno/Typing fees - Rs. 9,000
--------------------------------------------------------------------
TOTAL = Rs. 92,500/-
This is what the first time outlay and monthly outlay of a small, modest Litigation practice in Mumbai looks like.
At the end of the day, it is not only about skills. Get them to like you and present yourself properly- you will be hired.
Maybe mail the partner or if the partner allots you work directly (since it is a smaller firm), then talk to the partner directly.
Dont be shy. Worst case would be the status quo remaining, and the best case would be you get the job.
Seize the day. All the very best!
Be vary that this is excluding all the Banks, other firms, PSUs and companies that usually hire from GNLU and pay a very competitive salary (10-14 LPA). So the total number would be a lot bigger than this. This is just for the top firms.
1. CAM: 3 PPOs and 16 Offers
2. Khaitan: 4 PPOs and 6 Offers
3. Trilegal: 8 Offers
4. SAM: 7 Offers
5. Saraf and Partners: 4 Offers
6. L&L Partners: 3 Offers
7. IndusLaw: 1 PPO and 5 Offers
8. Argus: 3 Offers
9. S&R: 3 PPOs
10. TT&A: 3 PPOs
Total PPOs: 17
Total Day Zero Offers: 52
As for the batch size argument, a lot of students don't sit for placements because they are interested in Judiciary (Specifically in Rajasthan & Delhi), many prepare for UPSC and other exams (for MBA and various other govt posts) and many eventually join the family litigation setup or start out as first generation litigators. ( GNLU also offers a need based scholarship which provides students with monthly remuneration when you're starting out as an independent practitioner).
Also, one can legitimately thank the director for really focusing on the public perception and network of the university. He can be said to be a "contributory force" in this entire saga.
Thank you and have a nice day. See you in the Top 5 of the NIRF rankings.
See, it for yourself here. I have snipped an image of the email that we received from our Placement coordinator today morning. If you do not even believe this, ask any 2022 batch student at GNLU.
https://www.legallyindia.com/convos/topic/161562-honest-litigation-salaries
https://www.legallyindia.com/convos/topic/165172-how-much-do-juniors-in-chambers-get-paid
https://www.legallyindia.com/convos/topic/179869-honest-litigation-salaries
good to know that you are in a better place mentally and are looking forward to learn. As long as you are willing to put in the work and are eager to learn, you should progress. If you are not obsessed with brand value, do intern with these non 'tier-1' firms and pick up a job. It is imprudent to intern with firms which hire through day 0 to get a job there now. However, in my 2021 batch, quite a few good candidates made it to AZB after they graduated (and interned in July). I think the chances of that are low while not zero.
At this point, try for firms located in Delhi-NCR and not Bombay. For lower paying firms Bombay is probably unaffordable and unless you have family money or are paid a lot, you should try for Delhi. Since everything is virtual, do as many internships as possible. It is however better to do fewer although longer internships than a string of 3 week internships.
You are behind your Batchmate's on the jobs front undoubtedly. But this does not mean that in a year or two you cannot find yourself in the same place. It is hard but very doable in my opinion.
The hardest part is getting rid of the mental block and the lack of confidence which might hit you on a daily basis. Keep trusting yourself and I hope soon you get a job you like. Since you are recovering (recently recovered) from mental health issues, ensure that you don't spiral into a bad place again. There are so many things which could push you there but you need to prioritise staying in good mental shape over most other things.
Good luck, I am rooting for you.
If you have any further questions, please post them here.
It was not amongst NLS, NUJS, and NALSAR so did not have a brand name strong enough to get doors open on just the basis of the brand name. I am not sure if this holds true for the top 3 too but anyways my law school for a fact doesn't have that kind of pull. So, here are some of the things I know for a fact work and you can make use of them:-
1) Find a connection - Yes, it is hard but a lot of times you are overthinking it. Start with your law school faculty, if you have a good repo with them, see if they can help you out. Some of their batchmates would be in law firms and they can easily help you out on that front. If they don't, think creatively. In my case, one of our tenants used to work at a Big4 and he wrote the email to the HR of the Big4's best friend law firm and that worked. Even he wasn't sure (he was not in a very high position) it will work but it worked. Make searches for connect on LinkedIn but don't make it the final stop. Time to reconnect with that Mausaji working at MNC or that uncle running the electronics store (he knows the procurement guy at these companies who could get you in). Think hard and see what can be done.
2) Show a Genuine Interest and do Cold Outreach - If money is the only factor due to which you want to join a law firm, that is fine but you need to come up with ways to show that you really want to be part of the law firm. Start writing your own blog on updates. Try to contribute to reputed places such as https://indiacorplaw.in . Start reading corp law updates on Mondaq, Vantage Asia, B&B, Law Firm Updates etc. and be active on Linkedin. Start adding Partners, PA etc on LinkedIn and sharing actively. You can see your post view stats by designation and once you feel that on a consistent basis your posts are read by a lot of law firm partners, start reaching out to your first connection partners asking for LinkedIn. By this point, there is a good chance they have read your material, and if you have done even a half-decent job, this substantially increases your chances of getting an offer.
3) Networking Opportunities - Subscribe to them and follow them on LinkedIn if they have a page. Be on the lookout for any webinar, or another form of network. Attend these events, ask intelligent questions and shamelessly ask for an internship. Yes, I know it is difficult to put you out there but that is what it is needed. There is almost a biblical guilt in turning down a law student so most would ask you to apply to HR. Do that but cc the partner in the thread and even though the email is addressed to HR, your audience is the partner. So speak about you had met and the partner had asked you to apply and so on. People appreciate persistence even if not all of them a lot many do. Also, use the various law firm rankings and find practice leaders and follow them on social media. These people tend to do more of such events so higher chances of interacting with them.
4) Dog with a Bone Approach - For some of my friends this has worked, they have gone to the place where they want to intern and waited for hours, and did this on repeat for a couple of days till someone with authority (not the HR) agreed to meet them and then landed an internship. This works better with Judges and Senior Advocates than law firms but then again your mileage may vary.
5) Apply to startup law firms - LI often reports (not all) but a lot of time law firm partners split up and set up their own shop. These places are much more receptive to interns and also you get some quality work too. Even though these setups do not qualify as tier I law firms, if you make a good impression, the partner would be happy to recommend you to a law firm.
6) Research - I know for a fact that at least one of the best IP law firms in India hire interns on a first come first serve basis. They might take interns through referrals and contacts but the point is they take a lot of interns who just want to intern there. Be on the lookout for such firms.
6) Exercise Caution - Don't trust your batchmates who tell you they got in any of the Big6/7/8 firms just by writing to HR. That never happens and that is a fact. They are not just telling you the truth. I have applied to these firms 18 months before and still, they turned me down, and I am doing great by every metric.
If you are not getting any work on your first day, it possibly means that they are letting you settle in. As for asking for more work, text your senior(s) and let them know if you are free. Showing initiative is a great thing. However, do not spam as well.
While, I can completely understand that you are anxious. keep in mind that this stress is nothing compared to when you are actually in the profession. Take this as a learning opportunity and actively recognize and manage stress and anxiety.
You could perhaps reach out to them for the advice!
Guide to find a credible publicly available source for the NDI Rules.
Step 1: Avoid the following-
(a)Websites of:
(i) Department of Economic Affairs;
(ii) Ministry of Finance;
(iii) RBI; and
(b) India Code.
Step 2: Navigating through the e-Gazette-
Helpful link - .
Random articles indicate that the Rules were notified on 17th October, 2019. Go to . Click on "Search", and then "Search by Date". You'll notice that the subject is, very conveniently, not the name of the notification. Look for Ministry of Finance (S.No. 6). The subject of the file should be "In exercise of the powers conferred by clauses aa and ab of sub section 2 of section 46 of the Foreign Exchange Management Act". Click on the pdf icon.
Or, get yourself a subscription to SCC.
What a fun maze!
Dean is ex-NALSAR prof Acharyulu, was with Bennett before.
Total Indian law firm market is a mere USD 1,350 million (Rs. 10,000 cr). Of this Indian firms have about 65% share USD 880 million (Rs.6,600 cr).
CAM / SAM / AZB / KCO each have revenues around USD 106 million (Rs. 880 cr). This is a mere 2.5% of Kirklandβs revenues. Iβm not going into the PEP for Indian firms because equity is shared rarely and shared generously even more rarely outside the family so the list of EPs is not a true reflection of their hard work, brand name and the business brought in.
Indian law firms are too small and insignificant in the global context. Even in Indian context, a sub 1000 cr revenue business is not huge. Market leaders of most industries such as TMT, BFSI, Real Estate are much bigger.
Campus life - It's pretty great. The campus is quite small (unfortunately) but the college actually managed to provide all kinds of facilities - sports, co and extra-curricular activities, etc. There is an ardent footballing and quizzing culture in the college and you can find all the boys huddling around the mess TV on UCL nights and during other games. Every batch has around 65 students (the 2021 batch that just graduated had 120 though) and since the batch size is small, you pretty much know everyone. The seniors were very helpful when I was in my first year and overall, the people are generally great. There might a slight bit of ragging if the classes were offline (we call it 'positive interaction'), but the seniors who 'positively interact' with you would usually end up becoming close friends after the freshers.
Placement - It's similar to most mid-tier NLUs like RGNUL, RMNLU, HNLU, etc. We do not have day zeros and the firms/companies that usually come for placements aren't generally the ones that pay 14+ LPA like in other tier-1 NLUs (except for ICICI bank who usually come for placements and pay around 13LPA I think). The usual ones who come are banks like Axis, Federal, etc, law firms like LKS, Wadia Ghandy, and consulting groups like EY. But every year there will be around 8-12 people who get PPOs from t1 firms. So I guess, it all comes down to how hard you work.
People - Owing to the domicile reservation, half of your class (or more) might be people from Kerala. They are generally a great bunch of guys and honestly, language has never been a problem for me. I have learnt a bit of Malayalam and they have learnt a bit of my mother tongue and there isn't any kind of hostility (open or subtle) towards non-Kerala people as far as I have seen.
Also, Kochi city is about 10-15 min from the college and the college curfew is only at 11 pm. The mess food is decent as you get both north Indian and south India choice of food every day.
Overall, if you want an NLU tag I would recommend NUALS over Symbi. That said, my opinion might be slightly biased considering that I study here. I think Symbi has the advantage when it comes to location and a slightly better alumni base.
Anyway all the best for the next five years, whichever college you choose. At the end of the day, no college will provide anything on a gold platter and you'll have to work for it yourself.
Cheers :)
"device complex structures" = tax bachane ke liye 4 alag companies incorporate kar diya
"developing market leading products" = mortgage ko bracket mein Collateralized Debt Obligation (CDO) bol diya
"test the boundaries of law" = the rules are confusing, case law nahi mila
"fin tech lawyer" = I understand neither finance nor technology par naya RBI circular aaya hai ispe
"cutting edge work" = client ne email mein 'blockchain' likha hai
I started this conversation because I have been through same exact thoughts.
Kian posted the links to helpline because that's the right thing to do. While I hope you use it, I do know that you might not. I personally wasn't able to.
The only thing that helped me is just sticking around for some more time.
By the end of first year, all nightmares stopped.
Same thing happened with most of my batchmates. Seniors too.
It takes time, but it surely does get better.
I hope you stay. Like all of us did.
a. Tier 1 law firm associates don't make a lot compared to even other intermediaries on any given deal team. The dudes that are screaming entitlement really have no idea what the current pay scale regime is for our kinda qualified work. Even with the consultants tax breaks we make nothing for what our contemporaries make on a global scale (adjusted for currency/ buying power and the works). While yes, we are not splitting an atoms or doing any cutting edge work(loved it when partners coming in for day zero use to talk about firm life as something out of a gatsby novel + blade runner), we are doing a lot of work with a lot of hours and with heavy qualification built over years of doing something. Market forces on a global level already show that our salary structures have us pegged at the far back end.
b. I have been screaming unionisation (or association for that one cockroach who somehow thinks lawyers can't unionise) for years. Since the 3rd day of working at a firm. People are running around scared shitless at firms, no one has any sense of timelines, natural expectations to deliver on ungodly hours to bankers who by the way usually have zero value add on the transaction/ documentation aspect of things. to all naysayers - historically every group that dreamed of unionising had jerks off like you cream entitlement and the works. History is going to forget you as fast as i can type up this post.
c. Also lets not even talk about demand and supply here - its nauseating to see lawyers do so. Its just sad how sorry your analysis of market forces are that you somehow think dictates pay structure of corporate lawyers in India.
d. some guy said that the number of people willing to work for the same salary in 2015 is the same as 2021 - i am sorry but have you noticed the sheer scale movement in quality talent that you are retaining. My team at SAM has hired 11 A0s when all we need is 3 good A3s or A4s. There is absolutely no supply of quality. Yes enough A0s out there for a mediocre orgy - but nothing to relieve the deal teams of workload pressure . (no pun intended)
e. Also the sad part is that people who scream of entitlement or hatred for people who want to speak out are simply scared. I know 2 SAs in my team just like this and they have no idea of what to do outside of this system. This system that wants you checking your phone from 7Am in the morning and responding to emails till its 1AM. Dont pay any attention to these people. I think they need to throw away that token ayan rand book and go out on a 2 week holiday to some nice village on the hills and calm down. Sorry - these people never take holidays cause they are scared to piss of their own incompetent senior who thinks holidays are for the entitled.
Just because someone failed CLAT, does not mean it the end of the world. In fact is just the beginning of a slightly unusual and exiting journey to success. What is important during the process is not to let thinking fail. If the end goal is to become successful, that is who you should focus on becoming, and not get demotivated, simply because you are going to have a slow start. (Which frankly is also not a case anymore. Lines between NLU and Non-NLUs are very blurr these days).
You should know, slow start does not define your chances of victory, it is the planned and strategic finish that does. You should think of everyone who is rooting for you to be a successful lawyer one day, it does not matter which college you graduated from. Once in the uniform, they are all the same.
So cheer up and enjoy the rest of student life, these are days you would not want remember for being sad and disheartened.
Given your rank you can get into a BHU, Jamia, AMU etc. Whatever youβve learnt about these NLUs and Jindals, just unlearn it. My friend from AMU just got a ppo from CAM with no connections or support. You will just have to work harder. I realised that I could literally achieve anything from my local state university.
Let me tell you trick, if you join a BHU or a similar university. Just apply for tier 1 internships in months other than JUNE/JULY/JANUARY/DECEMBER, youβll easily get an internship. You can do it because attendance wonβt be an issue for you while it will be for others. Just prove your worth. Also no professor can teach you, what a book can. If you want to explore judiciary, you would have so much support because the entire batch goes for judiciary and a lot of alumni will guide you. If you want to do an LLM, you would probably be able to go because you would have saved so much money. I mean the fees is negligible. Thereβs no shortcut to gaining knowledge. But you can do it. I met this NLS kid in a tier 1 internship and absolutely destroyed him in terms of practical and theoretical knowledge and I am from a university which is nowhere in the top 20. No offence, but CLAT does not evaluate you or determine your your iq. Itβs a crappy exam. Donβt think lowly of yourself. There is literally nothing that you canβt achieve hereon, the only given is that you must have the determination to do it. If you have the knowledge, youβre sorted. If you think, getting into a tier 1 law school means that youβll get a tier 1 job without knowledge, NO! knowledge is important. Itβs just that firms would come to recruit them while youβll have to go to the firms to be recruited. Thatβs it. Thatβs the only drawback of being in a non tier 1 university.
I have learnt one thing in life. People can take away everything from you but not your knowledge. Itβll stay. Good luck dude, life is too important to give away like that. Let your mom be pissed. See they are not used to all of this, sheβs concerned and doesnβt know how to react. Plus obviously they have a financial pressure. But ending life would only mean that all the money they spent on you is wasted. I am telling you a way where youβll literally save money and you give back a lot. Donβt let these rankings and advertisements dictate your life. Tier 1s and university brands donβt mean anything, youβll understand this 10 years later and thank this anonymous commentator on LI.
Even accounting for an average inflation rate of 5% per year, the indexed salary should be 20.1L. That implies a pay hike of at least 33% across pay bands just to keep up with inflation.
Anyone who has prepared mandates in 2015 and right now would know that hike in hourly rates has been much greater (roughly from 8000 per hour to 12500 per hour approx as per law firms' own submission for journals rankings). That would be more than 55% increase between 2015 to 2021. Even assuming client pushback, it would be absolutely unreasonable to argue that law firms cannot afford to keep up with basic inflation.
The only real factor so far has been the disproportionate bargaining power. With attrition at an all time high, law firms are finding it very very difficult right to find associates at senior levels. While you may have 20 different law colleges lining up for an A0 job, anyone who has been a partner would know how rare a commodity SAs and PAs have become.
If I was at their stage right now - SA and above - I would use this opportunity to properly negotiate a major hike during interviews. Given my workload, I would gladly pay a 30% premium for an SA/PA if the candidate bargained for it.
The answer depends on what your specific priorities are. However assuming the general set of expectations of a law aspirant: NUJS would be the safer option. (Of course do your research and verify everything being said by everyone here, these are all personal opinions and perspectives and may not be entirely true.)
The reasons are the following:
Job Security & Alumni Network: Jindal is a relatively young law school and despite the capital behind it, itβs gonna be a while before it can be at par and deliver as consistently as the top 4-5 NLUs. Most Jindal graduates are still young and are yet to make partner in law firms or make it big in the field of litigation, that is not to say that it will not happen, however you may have graduated by the time Jindal has cemented its reputation. At the moment whether in Litigation or corporate NUJS would probably give you a higher guarantee of securing a Job. Despite recent problems with its administration its placements donβt seem to suffer much. The numbers may indicate a high number of people in jindal securing jobs with top firms however the ratio of people placed to the total number of people in the batch is poor. Furthermore, the people that do get placed may include people that have secured the same through reference or through PPOs they got through internships all on their own. A great chunk of people that get placed at Jindal i.e. the top 1% of the batch are truly gifted and motivated people with near perfect GPAs and impressive extra curricular achievements, the kind of people that would get placed regardless of which college theyβre from. So if youβre a mere mortal, above average but not topper kinda kid you may have a higher chance of securing a good starting Job at NUJS.
Internships: You will find it easier to secure internships as an NUJS student than a JGLS one.
The placement cell at Jindal becomes more active during placement season however you may struggle in finding internships through college. The internships are there but like I said only the ones with the highest GPAs get access and a good chunk of people end up without internship support. I donβt know the internal workings of internships at NUJS however from seeing plenty of NUJS people at internships, itβs fair to assume that their cell is fairly active. Furthermore, the current reality is that if youβre applying independently you have a higher chance of securing an internship as an NUJS kid than a Jindal one.
3. College Life: Entirely subjective of course. You will see brilliant dedicated individuals who would not swap jindal for anything because of their experience. However, it is important to note that the University is quite isolated and if you donβt like the college atmosphere then you might struggle as you may not have an outside world to go to. Delhi is a fair bit away and fairly expensive to get to. It also takes ages in commuting no matter what mode of transport you take. I believe NUJS gives you easier access to a metropolitan city. Plus you may find it relatively safer to come back to college in the middle of the night in Kolkata rather than Sonepat. The crowd in Jindal is a mixed one, youβll find all kinds of people. The stereotype that only elite brats go here is a bit exaggerated, youβll find a fair bit of people that donβt fall into that category. Honestly, anyone in the general category with access to a law course delivered in English is privileged by the standards of our developing country, so youβll find a lot of people who are roughly on the same level of access to resources as NLU grads, but yes you will also see a great portion of the Jindal stereotype. Iβm being vague here because I canβt throw percentages, but the point is that there are all kinds of people in Jindal but the hard part is that you may find it tedious to meet like minded people because the crowd is huge to go through.
The Upside of Jindal:
If youβre looking for a career in academia or are interested in LLM pathway courses, Jindal may give you a slight advantage over NUJS. Thereβs no denying the fact that the faculty in Jindal is top notch and having access to these professors would certainly help in getting into academia.
Thatβs it!
At the end of the day there is more than one way to get to your destination, so if you have a goal youβll find a way to achieve it in either place. In case you donβt during college, itβs fine life is long just be resilient cuz thatβs something youβll definitely need for law xD.
Best of Luck!
If a student is even remotely diligent, these colleges give enough exposure to almost every opportunity.
[I say this as someone who has been working in the industry for four years now, having seen people from these colleges doing whatever they want to if they are diligent]
Litigation is the most fulfilling profession. Only caveat, that you should not join this profession from livelihood perspective.
If you have a good source of financial support [Spouse in Govt job, politician, Big businessman], then you may start your practice as a way of helping others and serving society.
It is not very philosophical but only in few years you would gather a good reputation and then money would automatically start flowing and can be treated as your extra goodies.
Alternatively, if you do not have a financial support then transaction based law is better.
Reason: Transaction based law is more paying as the Client is paying and receiving services;
Dispute resolution is basically a gamble on the outcome and therefore clients are reluctant to pay.
Godfather, HC practice vs Lower Court practice and other things all either corroborate or erode away in the light of financial aspect and its fixed source.
The above comment is one of the most idiotic and uninformed comments on LI.
Generally speaking, in most professions law/finance/mgmt consulting/etc etc. 90%+ professionals dont do cutting edge work and are employed for run off the mill tasks that dont really test their proff. competence. In fact, in most corp. jobs an overwhelming majority is engaged in copy paste type work.
Now, clerical/low end/compliance work related comments etc. alluding that work of a corp lawyer is not valued. It depends on the lawyer, practice area and expertise. Corp lawyers - anti-trust, fin tech, IP, debt, complex M&A work are valued in the market a lot. They get complex matters/deals done which are untested, device complex structures and assist in developing market leading products that test the boundaries of law.
Furthermore, a lot of corp lawyers also play a big role in corp law policy making which is really an invaluable contribution.
So if you are not one of those, try and do some cutting edge work and then see the diff. in how you are treated and valued.
Also, the above is true for litigation too. Not every litigation lawyer who appears in routine matters and drafts petitions, plaints etc. is doing a great job. Doing cutting edge work like the lawyers who argued the cryto case in SC is what is valued.
Hope this response makes sense to all those who agree with the above comment and the comment from Good Morning Dear who only seem to know the PE lawyer drafting universe.
For context, yes, I am a partner in a Tier-1 firm.
It's interesting that you choose to believe that I am misrepresenting myself, when all I'm doing is presenting a different view on the subject at hand. Just because you don't seem to agree with my views (and I believe I have tried to be balanced in my earlier comment) does not necessarily make them biased, as you seem to indicate. Nor does it amount to misbranding someone's advice. Since you seem to quite concerned with the apparent lack of thought in my comment, I'd like to return the unsolicited advice and encourage you to think twice before articulating your opinion in regards to what constitutes a biased opinion.
Perhaps I should have been clearer, my comment was not directed towards the specific set of Tier-1 professionals who graduate from Tier-1 law schools, since there's nothing in OP's question to indicate they are from a Tier-1 law school. My comment was directed towards the legal fraternity as a whole, while includes the Tier-1 law firm professionals as a subset. To that end, the underlying opinion in my comment is that if one doesn't have any networks to rely on, and chooses to engage with recruiters, they should engage with those who have their best interests in mind while they look out for your new role. As to such recruiters being in an underwhelming majority, you would agree that this is not necessarily factually accurate. Your opinions (and even mine for that matter) are merely subjective and contextual to our personal experiences, since I don't believe either of us has really conducted an objective study on the matter at hand.
I'm not going to engage with you on the benefits and pitfalls of engaging with recruiters. As you have rightly indicated, we are all entitled to our opinions, and I respect all opinions on this thread, even though some of them have been branded as "facts". However, choosing to be vitriolic in the manner we describe individuals in a profession is not really "calling a spade a spade". If recruiters were in fact "utterly useless" or "loons", I wonder why the industry (and this includes Tier-1 law firms) chooses to routinely engage with them in the first place? Don't get me wrong, I don't mean we need to prioritise niceties over being pragmatic in our advice, but surely there's a better way to do without being disparaging of a profession?
Thank you.
I would suggest that please question the elitist CLAT exam where only English speaking elite qualify before questioning on NRI seats as if that is the biggest issue. My drivers daughter can hope to qualify top IIT with effort, but given her hindi medium education and general category status, i am not sure whether and if how many years she will take to qualify a top 7 NLU - i am at a loss to guide her much and coaching starts only at a certain level - but she can do great maths.
Please read up other reports where NRI candidates have scored as much /more than general category. Its the Foreign Nationals who score poor and that is the same at the IITs as well. Even in Medicine, NRI candidates enter Kasturba Medical College at 60,000 NEET rank, Vs. 20,000 for general but most perform as good or as bad with as large as a 40,000 rank difference.
Like the IAS, getting a good CLAT rank seems to give the person a sense of entitlement for Life. But the ranking is so fragile - I would guess at least 80% of the top 500 qualifiers will not be able to repeat their performance. I have friends at SRCC Delhi who got 100% in tenth but even they are not comfortable stating that they would be able to repeat the marks they received. SIr/ma'am, 3-5 marks dude in a a Scholastic aptitude test, come to think of it and i can sit on that Rank for life (or till the time you do anything worthwhile in life - when you stop commenting on boards like these)
Good luck to all and god bless
You have the rest of your life to do remarkable and amazing things.
You are on the right track by asking about your options.
My recommendation would be to talk to people within a profession that interests you and find out what would be a good way to go. No matter what profession or area you are in, you can always make an impact. Even in law there might be options open. Keep an eye out.
Wish you luck for the rest of your life.
Try to figure out why it didn't go well. Was it because of less preparation or because competitive exams are something you are not good at.
If latter is the case, then it is time to rule out CS, CA, UPSE, Judiciary, bank exams, RBI, Nabard, SEBI, MBA etc. Almost all of these papers test your logical reasoning, maths and english skills initially.
What you can do next depends upon your 12th class stream. If you are from a science background, you can pursue BSc, MSc and then try to get into academia or research.
If you are from arts background, you can perhaps try journalism, hotel management, English Hons. etc.
Economics and statistics Hons. is an option for you if you are from commerce stream.
Now if you feel that you are somewhat good at competitive exams and that you can improve over time, as others suggested, you can join a local college temporarily and continue preparing for clat 2022 and other law entrance exams.
However if you are not interested in law at all, try shifting to a metro city and pursue a course like BAF, Bcom Hons etc. Side by side try to prepare for CFA or MBA entrance or try to clear CA groups one by one.
All the best !
Highlights:
I slept a total of 10 hours over those 8 days.
Lived only on a combination of redbull, pizza, coffee and Pan-D capsules.
Spent about 60% of that time in a conference room entirely with the other side lawyers. Actually became really good friends with my counter-part.
Yelled (literally) at my partner for trying to go home at 10.30 PM while we were taking a break during negotiation.
Drafted an absolutely insane earn-out clause at about 3.30-4 AM in the morning which to this day maybe my best work.
Was insane but so SO satisfying. Wish all deals closed that quickly. Also got a vacation of about 3 weeks for closing the deal that quickly and with that many things moving.
In terms of extra curriculars also, they're equally matched. Mooting debating achievements also keep fluctuating between law colleges every year but both have their long list of achievements in that arena. In terms of sports, NLUJ being the larger campus will have good sports facilities on campus but NUJS makes up for it with the Sports Authority of India (SAI) and the Salt Lake Stadium at walking distance.
So don't be bothered by rankings etc. The only criteria on which you should base on your choice on between these two is the quality of college life. In terms of people, you'll find smart people at both places. NUJS has a huge advantage in terms of location - right in the hub of Salt Lake City with malls, restaurants, pubs and cinema at walking distances. NLUJ will be a remote campus - but that may be an upside if you prefer isolation.
To facilitate entry of people from fields other than law, in England there is a bridging exam to enable non-law graduates to practise law. (Probable reason: they bring a different perspective).
To be clear - after all the general gyaan about competence, legal skill, hard word etc etc. the corporate law firm career is a career where you are paid primarily for stress management.
Stress comes in various shapes and forms.
When you are an intern, it comes from the possibility of unemployment.
When you are an associate - it comes from your SA, PA / Partner.
When you are an SA, it comes from your associate not doing their job properly but also from your PA / Partner.
When you are a PA / Salaried Partner, it comes from your associates / SAs not doing their job properly, but also the client possibly complaining about the matter to your partner, and then your partner yelling at you.
When you are an partner, it comes from your client dropping you / not paying your fees etc. Your associates not doing their job properly etc. etc.
The more stress you can manage - the better you will be at being a corporate lawyer. That doesn't mean that just because you are good at stress management you will be a good corporate lawyer, but being a good corporate lawyer (or one who makes it up the chain of command) will inevitably mean you are good at managing stress.
From a "making it" point of view, what you need to know is that - everyone finds their balance / their place where they are happy to stabilize. Some folks move on from law firms to in-house jobs - this works out in some cases, and in some cases it does not.
For me - I moved on from a Tier 1 practice to a relatively new firm and it worked out great for me. I make roughly as much as my peers now (actually more in some cases) - and my life is entirely within my control. I sometimes get to take afternoon naps and most evenings I have time to read some parts of a book, go exercise etc. It works for me, and I know a few others who also have a decent life, but that's not the case for anyone working in a Tier 1 practice. You are there to make money for the main families / core partners - and till you are servicing their income, there will be no break.
Trilegal: 13.2 + 2.2
KCO: 14.4 + 1.8
CAM: 13.5 + 1.5
SAM: 15
AZB: 14 + 1.5
L&L: 13.8 + 2.2
JSA: 11 + 2 ( 6 month probation as JA (60k); 8% bill sharing A1 above)
TTA: 13 + upto 40%(usual 10-20%)
S&R: 13.2 + 3
NDA: 16.2 +1.2 ( employees not retainer)
DSK: 10
Induslaw: 12 + 1.2
Lexygen: 15 + bonus (no minimum, up to 1.2L)
LKS: 9
Veritas: 14
Samvad: 10.8 or 4.8 or 7.2
ELP: 9.6 + 1.2 or 7.8 + 20k
Bharucha: 9 + 1
Pioneer: 9.6 + upto 40%
Poovayya: 9
WG: 6.6
HSA: 6
Finsec: 10.8 + 4.5
DMD: 7.8
PDS: 7.8
Rajani: 6-7
Tatva: 6-7
Algo: 6-7.2
Anoma: 4.8 -5.4
Acuity: 9-10
Rajaram: 6-7.2
Juris Legal: 5.4
SpiceRoute: 6
P&A: 12 + 2
Regstreet: 4.8-6
LexConsult: 7.5
Ikigai : 4.8-5.4
Desai & Diwanji: 7.2 + 60k (2% bill sharing A1 above)
KLaw: 4.8
Tuli & Co.: 6
1) Your presumption that most recruiters don't engage with the hiring partners is flawed. As someone who has seen both sides of the process (as a professional looking for a new role, and a partner who recently hired for her team) I can tell you that a large part of what you have mentioned in your comment is inaccurate. Yes, it's true that the firm's HR team is also involved in the process but the relationships that most recruiters tend to build, are those with the hiring partner. The role of the HR in the process is that of execution - to assist the partner in interviewing professionals and on-boarding them once an offer is accepted.
2) To your point that recruiters tend to mislead and lie to candidates, I'd agree to the limited extent that yes - there are some bad apples in the bush, and yes I have had my share of bad experiences. Does that mean all recruiters are the same? Absolutely not. You can distinguish the good from the bad, right away. Choose not to engage with the ones that you know are full of shit. From my experience, the good recruiters - and I'm not speaking about companies here - but recruiters as individuals, tend to engage and build relationships with professionals on a human level - to the extent that a certain recruiter from one of the firms that's been mentioned in this thread, took the time and effort to actually understand my goals and aspirations before specifically pitching my candidature to the hiring partner in the firm - as opposed to certain other recruiters who just forward resumes en-masse to firms.
3) To your point about "dilly-dallying": it's not in a recruiter's interest to waste time. From what I understand they get paid by commissions, and therefore they are incentivized to close positions quickly.
4) Yes, sending resumes directly to someone mid-level or higher may work better than going through a recruiter - but that holds true for those who have alumni networks to rely on. I reiterate, what about someone who doesn't have these networks to rely on?
Lastly, let's just try to be nice when you speak about folks in other professions? At the end of the day everyone's trying to earn a living and I'd like to believe that all of us, whether as lawyers, HR's, or recruiters,, try to do so by doing an honest day's work. Calling someone 'utterly useless' or a 'loon' speaks more to your character and the myopic nature of your personality, than anything else.
Peace.
I am sure most sensible people already know this. And I hope that this is the last (non troll) comment on this thread.
THE END.
The foreign job market in IA is cutthroat, with competition from highly qualified foreign students and lawyers for a very small number of roles. The two primary routes to a job in IA abroad are a training contract and an LLM. The latter route would in all likelihood only lead to internships (and not permanent roles) at IA practices. You can then try to convert these internships into an Associate role.
It is quite unusual to see foreign firms hire IA associates directly from Indian firms- I cannot think of any recent examples.
In my experience, being qualified in a second jurisdiction will not (by itself) make a significant difference to your prospects of being hired, although it will definitely benefit your practice. There are a number of courses (equity and trusts, commercial remedies) that we did not study in law school in india that you may need to be familiar with as an IA lawyer, especially if you work in a common law jurisdiction. Qualifying in a second jurisdiction (like England and Wales) will help with that.
- Flexible work: No
- Transport allowance: No
- Insurance cover: very low / insufficient (high deductible, co-payment, long list of exclusions (mental health, dentist etc.), hardly any premium hospital coverage, probably won't get a private room, cap on ICU charges). Make sure you buy additional insurance.
- Meal coupons: More relevant for corporates to save 30% tax, not relevant / given by law firms
- Free coffee/tea: Cheap ones offered by most firms, better to buy and keep your own in the office
- Laptop: Cheap, old one offered by most firms, better to buy your own and ask IT to set it up
- Internet Charges: It's not that expensive anymore but mostly firms wouldn't reimburse
- Mobile Charges: Most firms don't reimburse
- Other WFH equipment (printer etc): No
- Late night meals: Typically capped at a low amount and only if client is paying
- Late night cabs: Typically can be reimbursed but must use the cheapest class of uber / ola
- Paid vacation: Few firms had annual 2/3 day half paid retreat pre-covid, not anymore
- Paid Time Off: Yes on paper. Varies between 18-30 days. But in reality, you can't take all. Carry fwd not allowed usually.
- Gym / club membership: No
- Car leasing: No
- Education loan waiver / higher education sponsorship (part /full): Mostly no
- Paid events / masterclass: Mostly no
- Sabbatical: Mostly unpaid after a few years of work
- Paid team events (sports, stand up comedy): Mostly no
- Professional Memberships: To be paid by the employee
- Gratuity: No
- Marriage Bonus: Some firms pay a nominal amount
Quote: Quote: Quote:
- In some countries a foreign LLMs are highly valued. Germany is an example that comes to mind. India is not such a country.
- In India, what matters most is where you did your BALLB from, plus your work ex. Unfortunately, we have an NLU/non-NLU caste system. This is furthered by lazy HR managers who find it easy to sort CVs on this basis. Plus. HR people generally like imposing hierarchies and making some people feel inferior. After a while, only your work ex matters, not your college.
- An LLM is seen more of an incremental addition, e.g. if you pursued a specialist course or made global connections that may be helpful down the line. Or perhaps a useful asset to show off in meetings with foreign clients. e.g. "Meet my associate Amit, who studied in London" may sound more impressive than "Meet my associate Amit, who studied in Bhopal".
- Keep in mind that 95% of partners do not have foreign LLMs. The 5% that do will probably look upon it favourably. The ones that don't will probably ignore it at best or make judgements at worst (e.g. rich kid went to NY/London/Singapore to party). Reasons like "I went to XYZ university abroad to deepen my knowledge and attend lectures by good faculty" is not good enough for the second type of partner. You may well be speaking to a GLC/DU alum who never attended a single lecture in his life and instead was a "lifelong intern". He/she fails to understand the value of an intellectually stimulating lecture, or writing a research essay supervised by a top academic, when one can learn by interning under a lawyer. He/she may even ask you: "Why do an LLM if you don't want to join academics?"
- The QS Law Ranking is a reliable indicator for selecting colleges, but certain ranks are questionable. It's best to stick with "safe" brand names if one is returning to India. These would be:
UK:Oxbridge/LSE/KCL/UCL/QM/Edinburgh/Warwick etc.
US: Harvard/Stanford/Yale/Columbia/Berkeley/Cornell/Chicago/Duke/Georgetown/Northwestern/GW etc.
Apart from the US and UK, the colleges below are very good, but not so familiar among partners and HR managers in India. Or rather, known only among a small circle.
Australia: Melbourne/Sydney/UNSW/Queensland/ANU
Singapore: NUS
Germany: RKU aka Heidelberg/HU aka Berlin/LMU aka Munich/GU aka Frankfurt/Hamburg Uni/Bucerius Law School
Sweden: Stockholm/Lund/Uppsala
France: Sciences Po
Switzerland: Graduate Institute Geneva
Netherlands: Leiden, Amsterdam
Bottomline: If you choose to do an LLM abroad, be confident about your choice and do what you want to do in life. If you are sensitive and hurt by judgmental comments from HR managers and partners, you will not succeed in any profession. Give your 100% whichever university you go to and be proud of that university and your degree. Also, there is nothing wrong in having a good time in NY or London or Berlin. Go to bars, concerts, etc. You won't get the opportunity ever again.
If you don't like working in either place after a year or two, jump ship. If you are feeling particularly nervous about the prospect of joining either of them at this time (and one cannot fault you for feeling that way, if that is indeed how you feel), then consider reaching out to partners in other firms in your chosen area of practice, and asking to talk. The job market for associates (including at the A0 level) is extremely skewed towards associates given the current state of demand and supply and it would be to your advantage to leverage this to the extent that you can.
Now, if I were you, I'd figure out which firm pays more and go with that firm. Worst case, things don't work out, you can jump ship and your base for negotiating your salary as a lateral would be better that way. While I generally advice against joining a place with the objective to leave: (a) law firms are by nature places where many more people end up leaving eventually, than those who stay back, and it's worth bearing this in mind; and (b) neither of Luthra nor the newly minted Saraf Law offices is doing particularly well, and it's not unreasonable to suggest that you might get better work at good teams in other firms.
Hope this helps. Also, if you're from a good college (which as far as I'm concerned means: any of the top 5 NLUs - NLS, NALSAR, NUJS, NLUJ and NLUD) jumping ship at this stage won't be hard. Just make sure your cover letter and resume are well put together and caption your subject correctly.
I guess it depends on what kind of academic OP wants to be? If they want to get any old job and stick around one institutions for years and years and retire as middle management- sure go do your llm from some random college.
If you want to be able to find jobs easier, and learn new things and have a shot at reaching the peak of your profession- give yourself every opportunity to get the best education possible.
Look the truth is - as elitist as it sounds- the best reason to get a degree from a world class university is because it simply makes you better equipped to do your job. As an academic- the more exposure you have to different institutions the better. It makes you better at research and it makes you better at pedagogy. Post graduate degrees in Indian legal academia are by and large just not funded/ designed to really work. These universities barely have the faculty to properly teach the five year course let alone actually mentor and graduate masters and doctoral candidates of any calibre. There are some exceptions but maybe less than what I can count on one hand.
This isnβt to say that the students who attend these programmes are inferior- they are just stuck in choices they made.
As someone who was never passionate about or even interested in the law who just ended up in law school, I can empathise. Going through with the motions and getting your degree may in fact not be your best option. Thereβs a reason itβs called the sunk cost fallacy. Contrary to what some have suggested, a law degree at least in India at this time is not a very diverse one which will allow you to walk into different roles outside of the confined set of 3-4 spaces (lit, Corp, policy). It significantly hinders your ability to shift geographies as well, in case you are keen on working abroad. I donβt want to comment on law as a profession, because that is something you will have to make up your own mind on, and you can do that only after having tried it. I know a few who really do enjoy their work, and many who absolutely detest it.
So yes, do it, but only with a solid plan in place. Itβs better to start over now and earn a different degree than jump around from law firm to law firm desperately looking for an out, to only finally realize that even if you do find a way, you will have to start over at close to age 30 or so.
So I suspect a bunch of "leftists" or those alleged to be leftists are actually liberals.
They don't have a problem with free market. They have a problem with crony capitalism. This limits the analysis to VERY VERY few people in law firms.
In law firms, one tends to not have a problem facilitating deals since you are not actively perpetrating fraud. If your client is bribing the govt or getting favours from the govt, you are not a part of that shady part. at best, you can only suspect. Thankfully the big law firms are far away from being those kind of "fixers". Their role is limited to professionally assisting the deal within the limits of law for best outcome for the client. In that sense this debate is similar to lawyers who defend criminals - if on account of their legal skills, they are able to keep their client out of Jail (and not part of the crime), would you still condemn them?
Those who have a better idea of the real world than you will understand that there are no dichotomies in joining the formal economy ("capitalism"), while continuing to hold left-liberal political views.
We can recognize that our Apple iPhone and our fancy apartments are built on a form of exploitation and power imbalance. Because we are "leftists", some of us will consume the kind of media that highlights these stories, forcing Apple or the developer to change their practices.
We can also be leftists because we prioritize individual freedoms, like the right of two men to marry each other. This is in contrast to conservatives, who seek to "conserve" the status quo, and who prioritize the rights of the community ("gay marriage will tear apart the fabric of society") over the rights of the individual.
We can be leftists because we support free speech, and believe that the right to offend someone is greater than the right not to be offended ("jokes against religion will tear apart the fabric of society").
We can quote Marx (his most famous quote is "I'll be right here waiting for you", but he also said some good things about class struggles) and we can quote Chomsky (because his writings on propaganda are more relevant than ever, and give us the tools to understand how power tries to subvert truths).
We can be sympathetic to the social inequalities that far left political parties claim to stand for, while abjuring the methods that they use.
We can oppose some aspects of privatization, and support some aspects of the farm bills, because we take the effort to understand the problems they are trying to solve, the methods they are using to solve those problems, the trade-offs these methods involve, and the "winners" and "losers" of each approach. We don't go around on the Internet writing "leftists are frauds because they oppose the farm bills", and showing the world our ignorance.
We can also be leftists because we want to see a kinder, more empathetic, and more egalitarian society, instead of the shallow jingoism that we are being told to subscribe to.
We can be all of the above, while driving nice cars, wearing designer clothes, and being able to give directions from Galeries Lafayette to the Eiffel Tower.
What was your point, again?
The next few years after that is where you will be expected to start with the real "legal" work. Good drafting, good understanding of the basics you've picked up and how to come up with innovative solutions. This is the separating grain from the chaff phase. Some will excel. Others may not. But again, if the basics are all there - good attitude, dedication, hardwork, and ability to put in the hours when necessary and for you to be conscientious - noone will fire you especially at this stage when the grunt work of training you up has already happened.
Believe me when I say this: noone wants to fire anybody unless there's absolutely no work around. The pandemic may have cut down on business for a few firms, but even then people would not have let go of anyone, unless they were already on shaky ground before.
Good luck!
To those of you who are experiencing anything close to this, my advice is as follows - believe in yourself, you've got this. You will, with time, find your niche and people. Trust the process. Work hard. Most importantly, be careful of the criticism that you take to heart. If the criticism isn't constructive and is a flimsy attack on your self-worth and defines where you belong, trash it right there. It doesn't deserve your time.
Please see Central Inland Water Transport Corpn. v. Brojo Nath Ganguly, (1986) 3 SCC 156 (Para 89). If I'm not wrong, facts are extremely similar too.
Mohit Saraf
Bikash Jhawar
Vaibhav Kakkar
Vikrant Kumar
Gayatri Roy
Lokesh Shah
Rohit Raghavan
Sahil Arora
Abir Dey
Snigdhaneel Satpathy
Sanjeev Kumar
Vivek Pareek
Abhishek Swaroop
Arjun Rajgopal
Nipun Vaid
Priyamvada
Rohan Shah
Sanjeev Sharma
Akshay Nagpal
Akshay Jain
Murtaza Zoomkawala
S&P can help mentioning practice area against each.
From my experience and from others, I could say with certainty that you will a very wide spectrum of people in every institution. Interactions with diverse personalities make you humble and nonjudgmental.
I m a T totaller, but I am able to enjoy a nice party where peers are gulping down gallons of alcohol. And it has never been the case that others have ever tried to force me to take drugs or alcohol. They have always been respectful and protective.
Just let your boundaries be known to your peers beforehand. Don't do things which you don't like just to appear cool. If you don't bow down to peer pressure in the firsr semester, you are set for the rest of your college life
You will also find MANY others in the college who share your likes / dislikes. So it's not like that that everyone who goes to NLU will turn out a junkie or alcoholic.
https://thewire.in/rights/ranjan-gogoi-sexual-harassment-pegasus-spyware
I've started hunting for a new job, but the two-month notice period seems a bit of a hurdle as most recruiters are looking to fill the positions immediately. Also, my retainer only has a one way buyout clause in favour of the firm, so there's no way I can buy it out (as suggested in some other thread here).
Would really love to have some suggestions on how to tackle this problem. I was thinking of putting in the papers and then starting the job hunt, but that seems a bit of a risk right now given how the job market is, and I feel if I'm not able to land a job within three months, I'll lose all leverage at future interviews.
Has anyone left their firm without serving the entire notice period? And can anyone give me an idea as to what consequences I could be facing?
Would really appreciate any and all advice. Thanks in advance!
Like seriously. How many ground level reporters does OpIndia have? Or even Republic TV for that matter. Contrast that with the wire. Credibility comes with investment in ground level reporting. RW media doesn't need that because business model of villifying minorities does not require ground level investment. It can be done by sitting in one's living room and attacking Danish Siddiqui for hurting Hindu feelings or simply saying "lot of conversions are happening... Oo .. aa.. get scared". For facts, RW wing website regurgitate govt press releases. Where's the need for reporting?
i. Sure, the students who make it through to the top few NLUs need to demonstrate a basic degree of competence in CLAT but that's the extent of it. It is a very easy exam that barely requires intense preparation of the kind other entrance exams for engineering and medicine do, and is attempted by a fraction of the students that give other said entrance exams. It's also largely based upon chance. I know of a fair number of people (outside our college too) who got top ranks in CLAT but failed to get an equivalent rank in AILET (even after accounting for the far lesser number of applicants for the AILET). Similarly, I know of people who got into NLUD but couldn't even make it to HNLU, NLUO and the likes (not that those colleges are bad but you get what I mean, I hope). So your claims of best minds from around the country might be divorced from reality, I am afraid. I don't mean to put you down, and every achievement ought to motivate us to do better, but don't base your self worth on your CLAT rank or college - there's a lot more to your legal career than just that.
ii. As for your claims of moots, etc., I understand there are arguments to be made about overall batch achievements but you ought to look at how well some kids in Jindal are doing. They've done better than our college in some moots and have a fair number of publications as well. Which is to be expected considering the amount they invest in faculty remuneration to get the best there is (including alums from our college). This combination of talent and family connection that some Jindal kids have, will leave others in the dust. Similarly, some kids from Symbiosis Pune have also demonstrated a significant degree of competence in my experience.
iii. There is not much parochialism being eschewed in law schools, and you realize that soon enough once you're actually there and see people up close. I understand why you'd blindly fall for Bobde's words with him being an ex-CJI but, in case you have the pleasure of doing offline college, trust me, it's going to include a lot of visits to SDL (if it's still open,) the old city and returns therefrom in a stupor. I'll be glad if the college suddenly becomes an island of parochialism being eschewed but that was never the case when I was there (and my batch and preceding batches did rather well for themselves but still my statement stands in light of the facts). Also, I'd be fairly vary of the words of a guy who literally cannot keep his pants up in public besides seemingly abandoning the functions of his office. When you read more law and assess judgements in that light, you might realize what I mean.
I hope the above is a clarification at least in some regard. I have no intent to "rebut" you, that would indicate me caring about this far too much lol - this is merely me bored and rambling after a fair few JDs. This is merely me providing my POV as an alum to a current student. Feel free to disagree but you'll see the world of the ways soon enough.
Also, I've seen some of my colleagues from private universities be far better at some things than I am - and, even if I do say so myself, I've done fairly well for myself considering I work with one of the top teams in the country when it comes to my practice area. So, once you're out of a law school, it's all down to your competence and ability to perform in high stress situations. Build your self worth on your individual achievements and not just associational pride. In case you do that already, I'll be glad to see kids from my alma mater on the right track to success.
In the initial years of your law firm, the only expectation from associates is to churn out agreement drafts, opinions, memos and emails which are:
1) sound in law, backed by solid legal research;
2) SIMPLY written without use of unnecessary words like wherefore etc and other fancy/archaic words;
3) presented with a logical flow; and
4) properly formatted.
If you have all this, then no matter - small town background, halting spoken English, etc. don't really matter. At least, till you're an SA.
Now here comes the fun part, Partners and PAs (if they're lucky enough to have a professional Partner invested in their growth), like to hog client calls, negotiations and all other external non-verbal communications, to the exclusion of others. Therefore, you're spoken English won't really be tested for the longest time. Which, theoretically, gives you ame time to up your game on that front (if you're so inclined).
A word to the wise - your spoken English is definitely an asset, but it's peripheral in value at best. No amount of vocabulary, accent (fake?) or gift of the gab can compensate for abject lack of legal skills and knowledge.
Let me give you an anecdote - I was working on a deal 3 years ago opposite a partner from a firm in Delhi (the one imploding now) and in the initial negotiation call I came away feeling really impressed by her accent and the way she spoke. I had been just staffed on the matter so I had no way to gauge her technical and legal soundness on the call. As the matter progressed, she kept up with the accent and it was clearer with each call that her knowledge was superficial at best and non existent at worst. This was painfully clear to our clients (high powered - eat their lawyer for lunch - PE folks) who would mute themselves and laugh at her in our conference room. The situation became so bad that my Partner, a normal without accent English speaker, was clearly dominating the negotiations and the counter party client used to cringe at their counsel's negotiations.
Moral of the story: all that glitters isn't gold. Have faith, don't compromise on your legal skills and if you feel so strongly, work on your spoken English (trust me you have time).
https://www.legallyindia.com/convos/topic/165172-how-much-do-juniors-in-chambers-get-paid
https://www.legallyindia.com/convos/topic/161562-honest-litigation-salaries
https://www.legallyindia.com/convos/topic/179547-which-litigation-firms-lawyers-pay-a-decent-salary
However, I suppose largely people in a job market behave rationally, and either they do find some redeeming parts to their job or they suppose that the salary trade-off is worth all the other nonsense.
That being said, I'll tell you what I like about it. I have always loved solving problems, since forever. I loved being a part of organizing events in school mostly because there'd be hundred issues to sort out.
My job offers me so many opportunities to do this. If you really look at it, trying to condense what your clients want into what works in an agreement is intense creative work. In a way drafting is like solving and fixing a jigsaw puzzle with a thousand pieces, with the stakes in millions. I do like being a point person for clients and hearing the trust when I take up deliverables or negotiations with them.
Negotiating is something else, I do like maintaining tact and gently pushing across what my clients want - winning points is a good rush. It's a brilliant course in communication skills with legitimate stakes involved.
Lastly, my job is something that offered me good and valid meritorious validation in my life - because I knew I would only get any praise if it was warranted.
I know for a lot of people looking at tier-1 jobs think that money makes up for all of it - do look up the hedonic treadmill - very very soon that money is just numbers on a screen, and you'll look to find more in your life. Despite saying all this, even I've realized that this life is not for me because the only legitimate currency in our lives is time and saying my job is okay but the hours doesn't really cut it. Like with all things in life, ymmv (your mileage might vary).
It is an evaluation of the whole paper to figure out what you have taken from where, what you have cited, are the arguments merely paraphrased (hence plagiarized, but not similar) from existing sources, have paragraphs been copied directly, etc.
For selected pieces, we open each citation to read it and check that the cited content is indeed there and then we also do general literature checks to ensure that the submission is novel. Subject to these conditions (and other conditions of peer reviewer approval, comparative quality with other submissions, etc.) the piece proceeds for publication.
But to answer in short - a particular percentage of similarity doesn't matter. What is showing up as similar and whether it is to defraud us into thinking that it is your idea is what matters.
I belong to a business family. It makes no financial sense for me to not join my family business and work a law firm job. So my main motivation is interest and passion to possibly skill up enough to independently render advice. I am always in two minds - family business or legal. Learning ropes of law firm job with aim to go independent opens options to do both for me.
Getting clients and business development? Yes. That's on my list too. It is something I am forthright to my seniors, who encourage me to learn and grow my skills.
How do I perceive other lawyers at my PQE/lower (0-3)? They are brilliant, but motivation really shapes how you do and approach things. My approach has gotten me far.
I approach things from a perspective of getting paid to be learn to render advice independently and often want to do excellent work, pay notwithstanding. Client paying the firm lump-sum or hourly is not my concern, rather it is to get the industry insight out and build relationships. This makes me reliable enough for seniors to trust me on tasks from day one.
The above approach won't be reflected in working purely for pay check at the end of the month. Your deliverables may be great, but learning, networking, going out of your way to be top notch, etc - you will not do. It's going to be difficult and you might loose motivation if you work for money and not passion or a bigger goal.
This is also in my opinion the number one reason for dissatisfaction among corporate attorneys. We are in an era of excitement, billion dollar IPOs and countless opportunities and ideas to make a million (including by becoming a tik toker). If you are going to work for money, at the intellectual level needed to get in at a top law firm in India - you have a 100 easier options.
But I feel you, it seems soul-crushing right now. Most likely, your apprehensions are twin-fold: at professional and personal level (I may be presuming things and imposing my experience onto yours, but bear with me).
Professional: First off, like I implied, Good Spoken English β Good Lawyer. But given how shallow things tend to get, understandable why it's a reason for worry. Start off with being very good with academics. Develop an understanding of your texts and the law that's above par. Ace your exams. That's a sure shot way to win regard of your peers, including the big city ones, boosting your self-confidence. As for speaking skills, as you read more, your vocab gets enriched automatically. You can join your local Toastmasters chapter, converse more in English (no matter the mistakes, that girl from Sobo will not lay in bed thinking how you mispronounced awry), watch more content in English. These habits get internalized and before long, you will talk English, walk English. :)
Personal: cz you feel judged, you feel you aren't moving with the 'it' crowd, you fear missing on the 'cool experiences' that this 'elite' section will partake in etc. But trust me you, you would not want those experiences by pretending someone you are not. Pro tip for surviving law school is just being yourself. You will attract people with similar wavelengths, be they from small town or big. Remember, superficial commonalities like throwing pop culture references or bragging about your favorite sushi from that upscale eatery can only get friendships so far. Hard to believe but even in this day and age, lifelong friendships are rooted in virtues like loyalty, empathy and such. You can of course, broaden your horizons- pick new hobbies, travel, intern at unconventional places. But only to add aspects to your personality, not to just 'fit-in'.
And 10 years down the line, as you look back on life, with a great career with great (or even mediocre) English speaking skills, you would not want to change a thing, not a thing, about your small town childhood/upbringing.
1. Be curious and ask for help. If there is something in the law or if you have some questions about law as a career, ask them. Be nice about it and don't spam them too much. As students no one expects us to know a lot or figure out everything, so it is okay to be stupid and ask them questions.
2. Add value to them. If you are good at footnoting, citing, etc... offer to help them out with their projects or papers.
3. Spend more time with them. Rather than doing 10 internships of 1 month each, do 2 internships of 4 months (or intern at the same place multiple times). Longevity makes them trust you and you can get good work only if they trust you.
Once you have interacted with them and you are on good terms or are friends, most help you want from a mentor can be obtained usually.
- If you happen to search for an opening when there is one, it will increase the probability of some movement. However, any profiles received by the MNC when there are no vacancies generally go into cold storage. Usually companies look for relevant experience for mid and senior positions, though there can be some companies who insist on the same even for junior roles. Since the positions can range from Commercial, IP, Compliance, etc., broad exposure to TMT at a law firm for a 1-3 year person can be helpful to get into Corp.
- When it comes to work, there is no one answer. Legal dept in India generally mirror the global legal dept verticals. So if the Corp HQ has three verticals (say lit, commercial, IP) then broadly it will be mirrored in the Indian legal dept too. It is also quite common to have one person handle more than one vertical, as there may not be enough work for one FTE in some verticals.
- Regarding work: a lot of time in Corp goes into house keeping stuff (say internal meetings, presentations, events, etc.) and actual time spent on LAW may vary from company to company: 40% to 80% of time. Quality of work again depends on the Leadership, but generally speaking it is easier to bluff your way through in corporate (even though person cannot distinguish between sambar from shampoo). Overall the quality of persons would generally be lower than say a Law firm. Outsourcing is again a factor of company process: some companies do everything internally, and some outsource everything except the GC! Read the JD carefully, though it is usually a cut past job, it still has the germs of what the company expects from the role.
- As regards salary, it is usually what you are currently getting + say 10% (depends on the company)... beyond that there is absolutely no logic, and different persons at the same grade/level can get salaries with 100% variation (i.e., A may get 100 and B may get 200). However such extreme variation is rare, but 50% difference can be common. A lot depends on how you negotiate.
- Finally, working hours can be as bad as law firm or lit. It all depends on the vertical you are part of: Commercial lawyers have brutal timings at say quarter end, year end, month end, etc. (depending on the sales cycles). But generally some semblance of work life balance is possible (again depends on the GC) at most MNC.
a. No associate working at a tier 1 firm needs a college going kid to supplement their income. It doesn't make financial sense.
b. In my experience, reaching out to your seniors/people you know through internships would result in a much more useful mentor-mentee relationship than seeking out random people you would have to pay.
c. The internet is littered with useful advice about CV and cover letter drafting. As long as you do the bare minimum, you'll stand out. I speak from my experience of last week, where I sorted through 100+ CVs to find seven useful candidates.
d. Nobody can provide you with a one-size-fits-all technique for CV/Cover letter drafting. People generally go through multiple iterations until something seems to stick. General idea is to research the firm you're applying to, and make personalized cover letters that will stick out.
Good luck. You'll be fine. Everyone is fine at the end as long as they care enough to make an effort.
Congratulations!
JEE and CLAT aren't clashing. NTA hasn't scheduled any session of JEE attempt on 23rd now. Give both CLAT and JEE happily now.
If you think your current competence is off what is set out above, there may be one of two issues.
1. Your team has let you down terribly. And this is quite plausible. In my experience, few of the tier 1 practices run in a manner where original thinking is highly looked down upon. In such teams, for combinations you are expected to pick up an old draft and then just change the bare minimum to fit the current transaction. For enforcement - you are dictated a structure by the partner and you are expected to expand it based on language used in previous matters. If you display any original thinking - even if that is an improvement, you are hammered down quite a bit. This kind of work culture is not present in all tier - 1 firms. In many, the junior is given a significant amount of free hand to learn and present original thought, language and ideas. While it is possible that the proposed ideas / language may be trashed and knocked down by the senior in the matter, this mechanism allows you to learn how to think and how not to think. This kind of environment is vital to be a competition lawyer and not to remain a competition secretary. So, if you are in the first kind of tier 1 practice - run away.
2. You are just not a very motivated / quality associate, and you are one who does the bare minimum and gets on with his / her life. This kind of associate / dead wood is present in almost all firms. As explained in a previous reply - such associates are poorly trained because the seniors lose interest in them after a few months. This is because, such associates rarely make a senior's life easy and generally - consistently make a mess for the senior to clear up. If this is your case, then recognition of this problem is key. Once recognised, learn how to work harder and may be look for a new firm where you can start afresh. Sometimes it is difficult to grow in a place, which is rife with disadvantageous preconceived notions.
I wish you the best.
An ex-competition law associate.
The above is based on my experience which is somewhat dated now. If things have changes dramatically, I will not know.
If I were in your position, I would first shift to the litigation team internally and grasp as much as I can within a couple of years before taking a call on independent practice. These are the reasons:
a. A shift within the Firm wouldn't leave you unsettled all of a sudden. There would be less of a culture shock;
b. Transactional lawyers have excellent grasp of many substantive laws. You can focus on shadowing partners to court and learning how teams manage their filings and appearances.
c. The team will, in time, trust you with court appearances in simpler matters. You can use this to deal with any apprehensions or confidence issues. You will have much less at stake at the time.
d. Time spent with the litigation team will also help you build necessary contacts at the courts and you will be more comfortable managing your practice once you go independent.
As you learn, also save as much from your law firm retainer to build a cushion for the next phase.
It's so easy to keep worrying about earning less money in another field. But when you think of it in terms of the hours and days you have on this planet, time is far more a precious commodity than money. Once you realise that you realise you're earning to live, not living to earn.
Thank you, my friend!
OP this side. I thought I will update on what happened today. I finally mailed the HR that I want to leave the firm. One of the senior partner, who I have worked with on a transaction earlier called me and asked me for my reason. I told him and he was kind enough to relieve me immediately. To quote him exactly - if you really hate law so much, there is no point making you stay any longer with us. And it did hurt, a bit.
However, I am free finally. I am not sure whether I will get the first 10 days salary, but as some of you have figured out I am relatively well-endowed and thus it doesn't make a lot of difference to me. But I must tell you, if you really have the money, or have saved enough to sustain yourself, do give this a try. I have not felt freer in the last three months. I don't have to frantically check my phone hoping that there are no notification on the associates group.
A lot of you have called me privileged and some of the comments have been outright hurtful, but I've come to realise that people can be anything behind a veil of anonymity and that's fine by me. I will continue to give honest updates for those of you who still care to follow and understand how my life turns out. Turn this thread into an anon blog of sorts subject to LI permitting it.
But I am free finally. And I cherish my decision. Let's see if I retain the same jubilance in the days to come!
I've personally forwarded quite the resumes of quite a few promising kids to HR or relevant teams and gotten them internships. If they do well, then they get called back, but that's up to them.
It's easier to reach out to college seniors (and if you're from the right college, you'll definitely have folks in the firm throughout the ranks) but cold emailing is also EXTREMELY helpful. In both cases, as comments earlier have highlighted, make sure your cover email is flawless (no typos, no unnecessary info, to the point, respectful but not servile, and will l overall reading well), and that your resume is well put together and formatted (again, KISS applies - do not embellish, do not talk about irrelevant things, longer is not better and shorter is not worse, substance over form, etc.)
Also, do not pester the addressee. There's a very fine but VERY consequential difference between being persistent and being a pest. Make sure you're on the correct side of the line here. In case someone doesn't respond, follow up once at most, after which, take the hint. It means the person isn't interested (yes, it sucks to not be given an answer - but that's just how the world is, and you don't want to be remembered as the person who was a pest in the event you happen to work with/across the person at some later point, and yes, this does matter in law firms).
1. Always call the firm/company after you email, unless their website specifically asks you not to call for internships. Calling them and drawing attention to your application ensures that it is at least acknowledged or looked at. That brings me to:
2. Whenever you call, call immediately after sending an email so that the first email they have on their inbox is your application. Nothing hits the sweet spot more than that.
3. Try to let them know that you will follow up, and get a direct extension number for the HR person you are talking for the next time you call.
4. I cannot stress this enough: be persistent and shameless. Your perseverance will get you a long way, shyness or stage fright will not.
All the best!
1. I hope you are from one of the top NLUs. I am not saying that only kids from top NLUs get good internships - that is definitely not the case. However, being from a top NLU does make it easier. If you're not from one of the top NLUs then be prepared to work even harder.
2. Get good grades. There is no substitute to having a good academic record. If you are at the bottom of your batch, then being from the likes of NLS and NLUD is not going to help you either.
3. Try co-curricular activities like mooting, debating, ADR competitions etc. There is no compulsion to participate in them if you don't like them, but at least try them once before deciding.
4. Find some area of law that you like and start writing articles on it. You can try getting published on blogs before moving onto journals. Opt for quality over quantity.
5. When applying for internships through email, write a good cover letter. A cover letter is as important as your CV, if not more. Recruiters first look at your cover letter and only if they are impressed by it would they open your CV, so writing a good cover letter is a must. Also, make sure your CV does not exceed 2 pages and is neatly formatted.
Hope this helps.
@Kian, have you complied with the new IT Rules?
Have you challenged the constitutionality (haven't read about it anywhere)?
Please do provide us with an update.
If you are fully complying with the new regime, you have violated your promise (made to us users) regarding guaranteed confidentiality. Anonymity no longer exists and the harmless cookie you had us store (which you had explained in detail a long time back in some comment) is now a disaster in waiting.
You will get a lot of recommendations for lawyers (if you wish to file, and also seek recommendations here). I am sure that you will also find a lot of talented advocates here who would be more than willing to help.
1. The CJM/JMFC can summon the DM/SP in his court but not vice-versa,
2. The executive can only implement Parliamentary law but it is courts which have the power to strike them down.
I would simply say that these arguments are very bookish in nature and do not reflect the ground realities whatsoever for the following reasons:
1. Area of influence / Discretion - The judicial members have no authority outside the courtroom and they usually struggle to get things done through contacts even for themselves (let alone others). The scope of discretion for a judicial member is extremely limited and they can step in only once a matter actually reaches a court. Unless someone wants to live in their own bubble, a common citizen is not really concerned about the DJ/CJM/JMFC of a district and they would rather be much more mindful of a IAS/IPS/IRS officer.
A DM/SP (even an Additional DM/ Deputy SP) is the nodal officer of the Central/State Government for that district and has enormous discretion in administering the district. Basically, they have the entire state machinery to themselves (for use/misuse) for practically doing anything since they control each and every sphere of policy implementation.
Again, this is simply a function of the organ you are working for - the executive or the judiciary. This is in no way meant to belittle the judiciary - the judiciary has its own function to perform and it's a very important organ of the government but one should be clear about what they are getting into.
2. Status - Political interference is a sad reality for Civil Services posts. However, this is not to say that the judicial officers don't face any pressure.
a) Often, you will see that many lawyers in district courts don't respect the authority of judicial officers (I have heard of instances where lawyers have simply hurled abuses at a JMFC / CJM and challenged their authority in open court).
b) Many well off parties don't respect the authority of even district judges (especially in civil cases) and advocates openly tell them they can pass whatever order they want and they will appeal against the order in higher courts.
Now, if we are comparing the worst outcome, there is either the option of listening to abuses from a MP / state / central minister or some random advocate of a district court. I guess I will go with the former option.
3. Postings- I think someone has already covered this point above very precisely. In the judiciary, unless you reach the position of a HC judge, you will always get remote postings. However, with civil services, that's not true. If you are an IAS/IPS, you can get urban postings after first 7-8 years (if you are IRS - then even sooner). While this is obviously a matter of personal preference, it cannot be denied that urban areas have more facilities and infrastructure than rural areas (health, education, leisure and entertainment etc.).
4. Work profile - As someone mentioned above, the work profile of a civil servant is much more varied and dynamic than a judge. Again, this is because of the inherent nature of the executive organ. It is supposed to undertake all the residual functions in administering a country. You have the opportunity to go on deputation to other departments or international organisations like UN, World Bank etc. On the other hand, the scope of a PCS-J member is limited to courtroom procedure and adjudication.
5. It's about the journey - People are claiming here that people passing the PCS J examination will become a HC judge by the age of 50-55 (which is completely debatable with hardly any evidence). Assuming it is true, the 25 years taken to reach that level by wading through the lower judiciary isn't worth it (see first four points on why that is so). Civil servants, on the other hand have a time based promotion (which may be a flawed policy but it is what it is) and each post performs a different function if you consider it in terms of a supply chain. The role of a DM is vastly different from a joint secretary and you will learn different things such as policy implementation, formulation at different stages of life. The journey to a Secretary is very fulfilling in each role and it's not like people are simply biding their time to get something better like it may be for PCS-J members.
Conclusion- There is a reason why the judiciary has not been able to the attract the brightest people getting into law. Unless an All India Judicial Services is created and modelled along the lines of IAS/IPS, the lower judiciary will unfortunately be something that people settle for if they are not able to clear the Civil Services Examination.
2. Are you prepared to spend a couple of years without enough / acceptable case load and without giving in to anxiety?
3. Do you have a network of friends / former colleagues who can refer work or involve you in ongoing matters?
4. Have you attained enough skills and confidence to advise and appear without having to rely on a senior?
If the answer to these questions is Yes, you may consider going independent now. Some oldies will ask you where your office is.. but most clients do not care anymore.
(1) It will not matter (at all) to your future employer. All they care about is whether you can do their job or not. Any half decent/ professional firm will treat you like that - a professional. If its not treating you like that/ prying too much - dont work for that team, interview for a different partner. If you are good, you will get hired (and rise with time).
(2) Time to send that stern email - followed by FB/LI/Insta/whatever. Fight for whats rightfully yours, without any guilt or fear. If you decide to drop it, then drop it at your will (time vs. opportunity cost). But not because you are scared.
- You were not able to secure ANY internship (this is not ideal)
- You worked on writing, learning and extra-curricular activities that strengthened your interest area and helped you network (if you can take five days of concentration and build a project for the community - this would have positive impact)
- You pick up a single internship in corp now. Do it. Lot of remote out there.
- You speak to 10 seniors who have cracked day zero, implement the advice. Cold text and request for guidance. Only college seniors.
- behave like a learner, not selfish, listen when seniors speak. Ask specific questions and clarifications. Ask for their resources to learn.
- You become technical god - learn.
Listen, one is never to old and never too early. Pace out your life, if you are stress free and healthy, it is going to be a long life.
Also, you cannot say you don't know 'how' your peers got internship, that's no excuse. Just complement them for hustling and being driven to put themselves out and getting the internships. Because there are a lot of them. If you are from a top university, huge number of them.
But you are already a step ahead - since you have already figured out that you want to work as a contractual faculty with a side practice - which is kind of the best of both worlds.
A foreign LLM with 4 years PQE can make you a guest lecturer at almost any college. I have seniors with credentials less than that (1 year PQE + foreign LLM) who are working as guest lecturers at NALSAR, NUJS and JGLS. So, even good law colleges will hire you.
The only problem will be career growth. As a guest lecturer, you will mostly be paid on a per class basis and your per month salary would be between 30k-60k in government colleges. I know people in JGLS who work as RA-cum-guest faculty in Jindal and make about a lakh but that's about it.
You will not be able to aspire to top professor level salaries between 1.5 lakh to 2 lakhs even after 10 years of experience unless you get the UGC requirements (NET, PhD, fixed number of research papers etc.).
But since your focus is having a side practice, I'd advise you not to go down the formal route. Once you take up a permanent position, you give up your license to practice (as advocates cannot be employees). Then you can only teach. So, if money with a little bit of academia is your focus (instead of just becoming known as a great academic), then the path you have decided is the right one.
Just have faith in yourself and follow your dreams! I'm sure you will succeed.
Working from home which I agree is more efficient from an individual work perspective, is not ideal from a management perspective. There are multiple reasons for that, but primarily good managers (i.e. partners in the law firm context) excel in creating a collegial environment in the middle of intensely stressful work conditions. The bad managers on the other hand will make your life hell whether you work from home or office.
It's the little things the good managers do which makes all the difference, the conversations you have while waiting for a call to start, or while taking a break working on something together, or in the car ride to the meeting, which cannot be replaced by work from home. It gives managers an opportunity for informal bond building and sometimes even mentoring. There is a lot of relationship and 'bond' building which happens in between the times work happens.
This opportunity for good managers, is effectively taken away from WFH. The consequence is the team which was being managed fine till WFH started, is now showing mental fatigue, burnouts, and resignations, because the current crop of good managers learnt how to manage their team well in offline mode, never remotely. Now in order to remain good managers they will have to learn how to achieve that remotely, but there are continuing doubts within these managers as to whether similar bonds and environments are even possible on a remote basis.
However, at the same time, I think there has been an overemphasis on "SAVE EARLY, INVEST HEAVILY and RETIRE SOON" philosophy. Life is not a like a treadmill where you can run for 10 years and then live off your fitness for the next 30 years. I know the unsustainability of corporate jobs and lifestyles have made us think that way but it really isn't so.
I'm 39 years old and I can tell you none of my friends have retired after 10-15 years of law firm life. Because the reason is you just cannot live without a purpose. Living off 20 lakhs that you earn as interest/profit from your portfolio with nothing else to do in life, may sound great but it isn't.
So focus your twenties on experiences, finding your niche. Take risks, spend your money, live for experiences. You may not make and save a lot of money but you'll find something that'll make you want to live your life. At that point, money won't be a concern because once you find that sweet spot - either you will make windfall money or just love your work enough that you wouldn't want to retire.
Remember, your 20-30s are the best years of your life. Save but don't sacrifice them completely in the dreams of securing a freer future which may never arrive.
The biggest changes you need to make peace with for a smooth transition:
1. The addiction of paycheck on 30th of the month;
2. Getting up on some days and not having work and actually having to take the initiative to find work (which you've slowly given up while working in a law firm); and
3. Daily disappointments.
To elaborate on point 1 and 2: People say litigation is hard work etc. But more than the 14 hour days, it's the "nothing to do" days you have to learn to deal with more. Sometimes, there will be entire weeks/months when all you did was just filed a receipt. That is the scarier part after you come out of a law firm where everyday is a standard 12-16 hours. But assuming you have a good enough savings at this stage to pad you up, you can easily sail through it financially.
To elaborate on point 3: In law firm, you are pretty much in the senior rung now. Associates work for you, partners rely on you. Unless there is a very major fuck up, no partner will shout down a PA/PAD. You're treated very professionally. But in litigation, you'll have judges who'll destroy your self esteem everyday - either by not listening to you, by dismissing you or giving some random ass order. Don't expect to "win" cases. As long as you're appearing and you're making money, that is the definition of success in litigation.
So yeah buddy, just prepare yourself mentally, take the plunge and enjoy the ride. And do not evaluate yourself until for the next 2 years. It's fine as long as you are making some incremental progress every month. Life is too short to spend in a cubicle. Go be the reason you did law for!
1. Understand more about finance and investing. The more you learn (and practice it even with the smallest of amounts!), the more financially secure you will eventually become in the coming years. And not being penniless usually does ward off serious depression more often than not. I spent wayyy too much time complaining about my 'low' salary that has been haphazardly distributed among high end restaurants and bars across SoBo in the past decade. It could instead have been in the stock market or in MFs! Go figure.
2. Focus on the work that is in front of you instead of thinking about the future. And execute the immediate deliverables with care and perfection. In the corporate law space, whether thats a 3-page NDA or the execution versions of the SSA / SHA in a large transaction, just apply the same yardstick of focus. Don't worry about the pipeline for the next month or the next year. The anxiety that lies in the question, "What next.." has destroyed a lot of law careers. That's no exaggeration.
3. Clean your clothes cupboard and study area as often as you can, and especially when you are completely stressed or depressed. Just keep a mental note of your mood before and after this exercise and see for yourself what happens.
4. Read the newspapers (like the ET, FE, BS) instead of the internet news. The latter is an endless wormhole of bad news, disasters, catastrophe's, whining columnists and 'upcoming' actors / stars finding innovative ways to hide their joblessness. All of that is bound to negatively skew your outlook. The former (i.e. the paper) does less damage to your outlook on life.
5. NOTE: this applies when the pandemic is 'over' - Friday, Saturday and any other long weekend socialising you do should be confined to folks outside law or those who aren't in direct competition with what you do. Most lawyer social events (formal and informal) are a drag and listening to some boastful sloth blowing his own trumpet on some despairingly pedestrian advice he gave an unsuspecting client is as bad as spending hours on Social Media. And the alcohol (whether paid or free) is largely useless in times like those...
6. NOTE - this applies to folks who are working in their offices (and not WFH) - stay away from the cigarette breaks with the 'usual suspects' / purveyors of office gossip. Other than gathering pointless grapevine that's anyway going to reach your ears on your desk (hey its the grapevine, remember?), it's a consistently mundane line of crap that should be given no headspace.
7. Keep planning a trip / holiday / outing / social event (whatever makes you happy outside of law) for each month. There should be something to look forward to at the end of the month. Even a simple evening with an old friend or a visit to a favourite restaurant is good enough. In fact if the actual event is cancelled / a letdown / a washout / no-show-because-boss-wailed-like-a-baby-an-hour-before, the planning and anticipation of that will anyway distract you from negative feelings of life being unfair. Basically find a way to keep yourself busy and occupied.
Enjoi.
Second, a lot depends on the relationships right from a notary to clerk in court to babus in offices, NCLT and NCLAT etc. You will have to start from ground zero.
Irrespective to the above if you have fire in your belly to become a litigator nothing can stop you. But be prepared to first 5 years of struggle and βdeep deep deepβ frustration and humiliation and disrespect. After 5 years who knows? You could be a failure or someone good in making.
Consider partnering with a litigating lawyer who would be willing to introduce you to the practice. You can use your current knowledge to add a transactional side to his practice. Hire juniors and treat them better than you were treated.
The secret to happiness is that it is right here, right now. Not a distant goal or a daydream. Life is too short for what ifs.
1. During covid, (at least 4 days in a week) my seniors start messaging me by the time they have had their breakfast or before they do, asking that i get some research/ email/ deliverable done/ cleared/ seduced.
2. Average of 3 to 4 zoom calls a day, with constant phone calls and watsapp messages through the day, which by default increases the amount of time i would otherwise need to finish something. So if i need to make a standard DD requisition list that would take me 2 hours, i spend 3 hours.
3. on average i submit stuff, send emails and close things by 8. but 3 times a week, i have to send emails and review work after 8 depending on how urgent my otherwise incompetent senior thinks things are. or if the partner drops a message on the group with regards to an artificial urgency to get things done. im done by 10:30.
The above does not apply for filing weeks/ weekends, during which work is 20 hours a day.
So on a good normal day, i expect to sleep 6 - 7 hours. I would like to get in 8 hours but because i need the money, and am scared of losing my job or pissing off a senior who i know is not worth the dime he/ she is paid, i get panic attacks from 7 AM to check email and phone to make sure i haven't missed a call, email or message.
Dont be like me dudes. Switch off your work phone post 8 PM and only turn it on only post 9 AM in the morning. There is literally a 8 percent chance that they will fire you. Unless you work in capital markets like me. Enough monkeys out there to replace me and my entire team.
- Both UK and US professors can have good or bad relationships their students. It depends on the personalities of both the professor and the students. Most UK professors met with students over a drink at the pub/cafe a few times. US professors do the same. Formal lunches and dinners are also organised.
- UK classes are often smaller because they are LLM only and there are specialised electives. There are also special LLM tutorials held in the UK.
- Pedagogically (big word for a second-year kid), the difference pertains mainly to jurisdictions covered. In a UK LLM pre-Brexit there would be focus on both UK and EU law, not so much US. It's the reverse in the US.
Bottom line: All the US/UK law schools in the top 50 of the QS law rankings are absolutely top notch in quality and brand value. Singapore and Australia too. Many outside the top 50 are also excellent in certain fields, like SOAS.
Good luck if you're in the race! :)
Our resignation doesn't mean anything (cost of replacement is there) for the firm, they may even keep long bonds in the future and maybe withhold bonuses to be paid only after completion of 3 to 4 years. Law Firms are inherently stressful jobs- not just in India- across the world (Tell about any country where a big law associate doesn't put in atlest 12 hours a day ?), that's why many of your talented (probably more than you) peers gave Judiciary or went into Academia or non-law.
Where is everyone who is resigning going to? Another Tier 1 or 2 firm with even much horrible working hours. Only when Partners or SA's resign it makes any difference. When an A0 or even up to A2 resigns, there are thousand law students willing to replace them at any time.
Even when an A2 to A5 resigns, there are thousands (at least hundreds) of Tier 3 or 4 and Commercial Chambers Associates willing to replace us. You might have seen a lot of folks from Tier 3 or smaller firms joining Tier 1 firms these days, they are desperate just to be there.
These 2 are easy options for you. Canada has something like a series of tests (NCA Exams- Law), which you have to take to become a solicitor (1 year) You can't go to Quebec thou. New Zealand also it is possible to convert your Indian Law Degree.
But trust me, the pay is so low in Canada and even NZ, if you are going to firms in Bay Street it will be manageable, but almost impossible to get unless you have worked in a Tier 1 Law Firm in India.
Even some T1/2 A3's in India (AZB, CAM, Wadia Gandhy & likes) who migrated to Canada are doing low-paying immigration filing and compliance work. Canada is not an international business hub like London and it has a small economy unlike the US, so does the work. You may even start your career for C$30 K per year (almost poverty wages)
It will take 10 years for you to settle in as a lawyer in Canada. After 10 years, even if you start at a small firm you can make CA$150K (good life in the suburbs) Is it worth it----- ask yourself.
If you already have a good life/future in India (Tier 1/2 or even 3/4, Good Chambers/Seniors, or a Govt job, I won't say Canada and NZ are worth it for you.
1. Don't benchmark yourself with your peers/batchmates/friends.
2. Delete IG/FB/LinkedIn
3. Do some exercise/sports
4. If you live with fam, spend more time together. If you live otherwise, get in your partner or non-competing friend in.
5. Do something that you've brushed under the carpet for long (YT channel, blog, entrepreneurial venture, sing whatever)
6. Focus on work
7. Talk to confidants and try getting to the underlying reason behind anxiety.
Life isn't unfair. It never is. In fact, life is the fairest of them all, the early you accept, the better for you.
Most measures I did were temp, once I got back up, IG LinkedIn don't bother me anymore.
And yes, sab theek ho jayega. Acho ke sath acha hi hota hai. Take care my friend.
Also, reach out to all lawyers in your circle, your friends in a law firm are routinely asked by their known for legal advice and since they won't be taking it up, better they send it your way than to someone else. A friend just told me yesterday that she has been an independent lawyer in Delhi for the past 8-10 months. If she had told me earlier, I could have sent a cheque bounce case her way. People are busy with their lives don't expect them to magically get to know that you are practising now. I know it's spammy, tacky but it gets the ball rolling. If there are folks whom you are not sure of calling text them but make sure the text is personalized, not asking you to create a new message for everyone but at least their initials in your message so that they feel obliged to reply. Remember, the less the effort you put into it, the lesser are the chances they would feel obliged to help.
Make sure you are part of every free listing Justdial, Sulekha, UrbanClap, Lawrato etc. Also, set up yourself on Google Maps as a local business listing, do it at your residential address if you are not sure you will continue working at your relative's place for too long.
Start spending time on LinkedIn and Facebook, and by spending time, I don't mean endlessly scrolling through the mess. Start posting quality content, adding relevant people to your network, and engage with other's content. Yes, Facebook is deliberate over there, Facebook could get you as much work as LinkedIn, if not more, if you leverage it right.
That's my two cents for now. Hope that helps.
1. Office space in Bombay is being doubled and L&L will now occupy the entire 20th floor at Indiabulls.
Source- https://www.barandbench.com/news/corporate/ll-partners-mumbai-office-double-physical-space-new-hires
2. Three new partners have been hired - Piyush Mishra, Abhishek Mathur, and Kunal Mehra. I don't about the other two but Piyush Mishra has a stellar practice - has been partner for about 10-11 years now and did some good work at AZB's B&F practice in Mumbai.
Source - https://www.barandbench.com/news/corporate/abhishek-mathur-rejoins-ll-as-partner ; https://www.barandbench.com/news/corporate/dua-associates-partner-kunal-mehra-to-join-ll-partners;https://www.barandbench.com/news/corporate/piyush-mishra-leaves-azb-partners-rejoin-ll-partners
3. A number of associates & partners at L&L who were previously team MS are equivocating now perhaps because of (1) MS's reputation as a difficult taskmaster (2) creating a lucrative practice from scratch will require a hard slog (3) MS is not diluting as much equity as was expected (4) MS hasn't been able to poach big talent laterally (5) Not many clients are willing to abandon L&L for MS as of now.
1. The first issue is that the PIL core taught in India is often really inadequate. When you try to launch yourself in a PIL career, you come to realize the sheer competence gap that exists between what you are taught and what you need to know/understand/apply when a task is handed to you. Yes, IL mooting will help you bridge that gap but then again these moot problems are merely enactment of "semi-fictional disputes" and - trust me - disputes is one of the smaller circles of PIL. My basic point is that conceptual wholeness is lacking what you are taught and moots do not help you bridge it because in narrowing down on certain IL issues, you tend to lose sight of actual policy issues due to which these "disputes" may never actually arise. . Law schools focusing on dispute resolution is natural but to imbibe the idea that IL is about disputes is odd. But then again, that's my own view.
2. Academia v. non-Academia. IL careers that often get highlighted are academic ones. If you can get over the conceptual hurdles in the first issue then academia is a good area of work in IL - and depending on your stars you may land a job outside or can even come back and teach in India. But a certain level of expertise is needed when you are seeking a career in the academy or outside. Outside, the work is either State-oriented work (you supply competence and advice to States on disputes, negotiations) or non-State work (working with law firms, IGs, NGOs etc.). But all this is a question of competence (and if you are thinking of working abroad, of course, visa). To gain a foothold in these work areas you need to have a credible standing which at early stages is a product of work experience or your higher studies. IL studies in India will usually not prepare you for this work (maybe SAU might? no idea)
3. Competence. You might be catching the main point of this answer here because this is the biggest issue in my view. You have to build your competence in this area. IL has gotten increasingly specialized over the years and - in my view - will continue to get even more specialized. The onus is double for Indian students looking for IL careers: they have to master the conceptual basics (which you did not get at LLB levels) and then you also have to garner a degree of specialization to differentiate yourself from not only your Indian peers but also those from world over. Only then are you "competitively" there in terms of a career in IL.
4. Luck. Cannot stress on this enough. IL careers - especially in State-oriented work and IOs and IGs - is all about luck. Even if you reach the level of competence I outlined above, when you apply, things depend very highly on chance.
5. You mentioned work experience. Prior work experience is pretty much standard now I believe. It is extremely rare (at least now) for me to have found someone who made their career in IL without having a considerable degree of work experience in IL (be it in negotiations, policy, disputes etc.). But the worry is how do you even go about finding good work experience in IL? There is no one doing "only IL" work in India. (If they are, its often unpaid). And then again, if you are gaining work experience in Indian IL setups, the rate at which you develop competence might be slow if you simply rely on their work to teach you. That way working in IL in India is also a challenge because much of the time you are building your competence on your own (making mistakes and learning, which is time-taking).
6. LLM/Masters. Yes, you can simply go for a masters and get it all over with an LLM degree but that's not the same thing I feel. Everyone says that "work experience matters for your LLM applications" but rarely do they explain what that even means. It orients not only your application but it shows that you have a degree of understanding in the subject matter - not to the colleges but to your prospective employers. So yes, you can directly do an LLM, general or specialist, and look for jobs but you will be in a job market where people have had years long worth of work experience in State-oriented work or non-state. That puts you in a situation you perhaps didn't want to be in but that's another issue. Which is why when you say "careers in IL", I want to mention that work experience ought to be valued above any degree. Smallest of work experiences matter but the bigger the better.
Above all that however, learn on the go. Learn from the people you work under, paid or unpaid. Don't think they'll teach you IL like Mr. Salve sits and talks about one case at the ICJ but pick up on their attributes. Pick up how they tackled their career trajectory. Use that experience.
7. Satisfaction, pay and comfort. My own idea of PIL work is that it is really satisfying. The moving parts of the global political economy is split open right in front of your eyes and you are engaged in stretching your bandwidth to grasp it all. (It is, however, tough to estimate what impact your work has/will have) But it is extremely satisfying to work in this field.
Pay. The bugbear (?) of all nascent IL careers. You can count on one hand the number of IOs which pay their interns. From that you can understand how much unpaid work goes on in this field. But that's the price of the field nowadays. Once you break in, however, it gets better I believe. State-work pays depending on the level and, of course, the country you work with. Being Indian doesn't necessarily mean that you have to work with India only. Smaller nations often pick up people who are available and of proven competence. IOs and IGOs come with smarter pays, better career plans but yes, your work might get less exciting and your career may not progress meaningfully.
But hey! you made a career out of it, didn't you? If you want things to be perpetually be exciting then negotiations is your playground. Advising and negotiating on behalf of States is thrilling stuff. But such posts are a combination of the things I have talked about earlier: vacancy, competence, and (of course) luck!
Hope this gives some insights. As mountainously difficult as it looks, its perhaps still doable if you work towards figuring it all out. This is all the clarity I have today but some time back even I was asking the same questions. I know I might have missed out on things that you probably wanted answers to but I am happy to take any follow-up questions.
1. Academia - it is getting more and more niche, as in all things: so you may want to think of a specialisation. You need to have a top academic record, and do a good job on your doctorate. Some Indians have done exceedingly well in this sphere, for example Lavanya Rajamani is an established leader.
2. Bar/Arbitration/Advocacy in a disputes context - Incredibly difficult, as mentioned in another comment. The best bet may be to either qualify at the English Bar and choose an international law focussed set (but many times, this involves doing commercial work as well: the Bar/disputes firms tends to have people who do commercial as well as investment arbitrations); and then some may choose to focus on public international law related issues. But this is over a career of 4 decades; you will become a "PIL barrister" only in the last decade... The other option of going down this route is to join a PIL focussed firm (Volterra Fietta etc.) but there would be very limited vacancies and getting in is very much a matter of luck/timing.
3. IOs and Consultancy - tied to academia: if you want to go down this route, getting there through the academic route is probably the way to do it. Again: in terms of role models - Priya Pillai is someone whose career you might want to study.
4. "Niche" practice involving international law: The main area is (other than BIT arbitrations and then leading on to public intl. law arbitration/Hague) seems to be international tax. But beware: it is only at the leading edge of this practice area that you get your real PIL interface. You need to be at the absolute top of your game - otherwise, you will end up as a tax lawyer only connected in a very ancillary manner to PIL (you will cite VCLT a few times a year!) than do any deep PIL work. But at the top edge - you can really advance the frontiers of international tax by applying hardcore PIL concepts. Philip Baker is at the forefront - Porus Kaka is one of the very few Indians in the top league in this area. There are also tax focussed IOs (OECD, for instance) which do important work. Tax is an especially interesting case study for PIL lawyers in terms of expanding notions of jurisdiction in tax, etc. Lots going on at the moment. But you need to have a really deep interest in tax law, rather than just PIL.
In any event, if you are young and/or have time to explore, you might want to do a well regarded postgrad degree, a doctorate under a renowned supervisor, and also do things like Summer Courses at Hague, apply for judicial clerkships with international tribunals, think of working as arbitral secretaries, and then figure out which of the routes works best.
Is it worth it? Really depends on the opportunity cost and on the intrinsic worth to you of working on PIL.
Hours wise - really depends. I was working as an M&A lawyer inhouse and had to clock in US hours and do india hours too when a deal was in full swing. But my team was supportive and the work environment was far from toxic. I wanted to work to get things done seamlessly. I cannot say that about my experience at the tier 1. The hours were brutal as expected but the culture made the hours 10x worse. I resented every minute of it.
Take your pick and choose wisely! If you find a team at a law firm thatβs even a little bit empathetic, hold on tight and for the love of god donβt jump ship for βmarquee deal partnersβ or a few extra lakhs in your bank account.
I just read your rejoinders. Let me try and respond to some of your concerns. Like all institutional decisions, we have had to consider both principled and practical reasons in this context. Your main argument is that starting the Integrated Programme in Management (IPM) will lead to a dilution of the BA,LLB programme and the larger institutional identity. It is difficult to agree with these arguments.
As I have already outlined earlier, additional hostel spaces are nearly complete and plans for faculty hiring are already in place. By the end of 2021, we will have 600 more slots available for accommodating students and the NALSAR Executive Council (EC) has already sanctioned 10 new teaching positions in respect of the new 5 year BBA-MBA programme. These will be over and above the existing resources that are devoted to the 5 year BA, LLB programme, which has been around for 23 years and will continue to be the main offering. NALSAR is lucky to have a 50 acre campus which can easily accommodate the expanded infrastructure and a higher number of students, which is projected to reach 1200 by AY 2025-2026.
If we consider the student experiences on campus, the presence of 350+ management students by 2025-2026 is not going to interfere with the established activities and pursuits of the law students. Even with the 2 year MBA programme having been run since 2013-2014, the range of course offerings for the BALLB and LLM students has in fact been growing every year, with a numerical majority among them being devoted to public law and socio-legal themes. If you do not believe this, I can share a semester-by-semester listing of elective courses taught between 2013-2021. There is no reason to claim that institutional resources such as availability of faculty or infrastructure will somehow be diverted away from the law programmes. If anything else, the additional revenue generated from the BBA-MBA programme will enable more investments, both in faculty hiring and campus management. As I have stated earlier, hiring full-time faculty for the core BBA-MBA subjects will definitely have spill-over benefits for the law students. The existing pool of MBA teachers has already delivered electives in areas such as financial services, accounting and organisational behaviour. These offerings will only expand with more people joining over the next 2-3 years to deliver the BBA-MBA programme.
The intake for the 5 year BA,LLB has been increased in an incremental manner over the last 6 years. To be specific, the intake was increased from 80 to 120 in AY 2014-2015, and then it went up to 144 in AY 2020-21. Since 2015, we have been running 2 sections for all the mandatory courses in the BA,LLB course. As you suggest, one option was to opt for a further increase in the BA,LLB intake, just as other NLUs have increased their intake to 180 (with 3 sections) and some private universities have gone further. On balance, we found that it would be much harder to add sufficient faculty numbers quickly enough to sustain 3-4 sections, especially since the pool of competent law teachers is quite limited and we have our own limitations in terms of the pay-scales offered as a public institution. In comparison, we have already been running a MBA programme for 8 years, and it is relatively easier to scale up the Department of Management Studies, since there is a much larger pool of people available for this field.
The larger objective of improving the institution's revenue stream is self-evident. I don't think that anyone is hiding that. Given the uncertainty about the quantum of state government grants in the coming years, it became necessary to foreground considerations of financial stability. Coming to the specific numbers, the annual fees for the BBA-MBA programme is Rs. 4.2 Lakhs (Rs. 3 Lakhs being the tuition fees), which is indeed higher than the current fees for the BA,LLB students which is around Rs. 2.8 Lakhs per annum. However, this amount is lower than what the IIMs are charging for their respective IPM programmes, which ranges between Rs. 6-7 Lakhs per annum. So NALSAR is offering a middle-range option and it is quite misleading to use phrases such as 'cash-grab'. If anything else, we will deliver a programme that will be cheaper than a vast majority of business schools in the country. We are of course pursuing other methods of increasing the institution's revenue stream, most prominently by expanding the range of distance education programmes. In AY 2020-2021, we had nearly 1,700 enrolments for the various distance education programmes. This number will hopefully grow with more diplomas being added for AY 2021-2022.
You make a very good point in terms of suggesting other options. Some of us have been talking about the possibility of offering M.A. programmes in public policy or socio-legal studies, given the emergence of such programmes at institutions such as APU, NLSIU and TISS-Mumbai over the last decade. I agree with you that such postgraduate options will have closer synergies with legal studies and might also help us in attracting research-oriented faculty members. We are actively considering these possibilities but it will require some consensus-building as well as strategic faculty hiring in the coming years. There is also the option of starting a 3 year LL.B. programme, but there are pros and cons to that as well. With our expanded hostel capacity, we will have surplus space to accommodate another 150-200 full-time students, even after accounting for the 5 intakes in the BBA-MBA programme. So the postgraduate options can be considered a few years down the line.
I guess those who studied at NALSAR during the 2000s will have stronger feelings about its brand being focused on law. However, institutions do need to change with time, especially in a context where state support for higher education is inadequate and likely to decline further. The National Education Policy of 2020 explicitly states that single-faculty institutions need to expand their range. So that overall context should be kept in mind.
First, let us be clear about the numbers for the 2021 intake. The CLAT Brochure specifies that the intake for the BA, LLB (Hons) programme is 144 seats and for the LL.M. programme it is 72 seats. The intake for the new BBA-MBA programme is 72 seats. So assuming that all seats are filled and the intake numbers do not change till 2025, we will have 792 law students and 360 management students on campus by AY 2025-2026. I am not sure how you jumped to the projection about the relative percentages.
Second, it is completely baseless to claim that starting this new programme will somehow undermine or dilute the delivery of the existing 5 year BA, LLB programme. For starters, the students in the new BBA-MBA programme will not compete for jobs in the corporate legal sector. In fact, the revenue stream generated by this programme will help the law students directly, most evidently by broadening the pool of fee-paying full-time students and thereby controlling the fee-structures. That has also been the experience with the 2 year MBA programme, whose collections have in fact helped NALSAR in maintaining financial stability over the last few years.
Thirdly, The Department of Management Studies (DoMS) will anchor this new programme and faculty hiring will be done in a targeted manner in accordance with the needs of the programme. Several courses in the BBA component that are related to legal subjects and the social sciences can be easily delivered by the existing faculty members. Newer hires will help us in diversifying the academic offerings, including those for elective courses directed at the BA,LLB and LLM students. We are already looking at prospective hires for areas such as Economic History, Behavioural Psychology and Statistics. So this new programme will actually enhance the available pool of faculty resources instead of curtailing it.
Fourth, the infrastructure for accommodating more students on campus is being built. There are two new hostel blocks (with 150 rooms each) which are nearing completion and will be ready for use in a few months. Once the pandemic subsides, they can accommodate 600 students over and above the existing hostel capacity for 800 students. We have already added several classrooms in recent years and more can be built as per requirements in the coming years.
In terms of the applicant pool, the UG CLAT has been getting more than 60,000 applicants in recent years, while the IPM programmes get around 35,000 applicants with some overlaps with the former. So there is sufficient interest to sustain this programme. My colleagues have shared that several hundred applications have already come in, so the programme will definitely start in AY 2021-2022.
As far as pay goes, depends on which city you live in. There are minor differences. Plus, you will be a salaried employee, which means a large chunk of your salary gets deducted towards tax and PF. So, what you get in hand may not be fancy like law firm salaries. Fresher salaries may be Rs.9-10 lacs before tax.
If you are joining a Big4 to work alongside CAs say in tax, I would caution you against it. While we lawyers especially those from NLUs have a very high opinion about ourselves, even first rank-gold medal kids from the topmost law schools in the country are wayyyyy behind in terms of knowledge, understanding of the law or preparedness to work. After a 3 year articleship and the CA exams, even the most average CA fresher who worked with a decent small time chartered accountant, knows much more than you do! So, unless you are willing to be humiliated, be astounded by your severe lack of knowledge, and be humble to accept that you are not a gift of god because you graduated from a NLU, do not go to a Big4.
Having said that if you do manage to get a foothold and determined to go ahead, you can be assured that it's a much, much better learning experience because you are likely to get a stronger grip of the law, especially tax, company law, FEMA, GST etc. And, you will definitely develop excellent excel and accountancy skills, which most lawyers lack.
Alternatively, consider Big4 best friend law firms which i've heard have the typical law firm culture.
As far as work hours go, it really depends on the kind of team/partner you work with. Some days can be really as bad as law firm hours, especially if you are involved in say tax return filing, M&A etc.