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Pros:
Field involves mostly major clients. Currently, cases are ongoing against Google, Apple, and Meta. Cam and azb represent google. JSA apple and Sam meta nd microsoft.
Have seen cartel cases against biggest players in beer, cement, and automobile market. T1s negotiate decent billing amount from these US big tech / indian giants.
If there's any merger involving Softbank, Temasek, Chryscapital, BlackRock, or any such big equity firm, they pay high prices - could be usd / EUR billing.
In T1s like sam, azb, JSA and trilegal, it's really unlikely that you are not put on a big matter involving 1. Big Indian client, 2. Big tech (for or against), OR 3. Private equity firms.
Cons:
Limited opportunity. Handful of law firms
Zero to low exit opportunities. Where will you go?
If invested more than 4 years, can't do tax, disputes or corporate law bcz 1. No knowledge and 2. Demotion to A2/A1 doesn't make sense. However, tax people, cap marks people, corp law or even dispute folks can do competition law down the line. Ofc, it'll be challenging for a year but can be learned through experience. There are exhibits; however, the field is getting tricky now so other fields folks may not be able to switch after 5-7 years.
Reasons for tricky: CCI is inconsistent - you need to be skillful to gauge / anticipate CCI's response; cases in digital sector rolling out; merger control getting complex with newer laws and regulations every year now literally; markets are required to be studied in and out to make a competition assessment.
In any case, now is the best time to become a competition lawyer.
I very firmly believe these mess workers have to be on a contract basis through an agency. Review and renew contacts quarterly or semester wise. Even better let 2 contractors run 2 services simultaneously somewhat like nluj coupon system.
Presently we give these workers a pakka sarkari Naukri with insurance and pension and ourselves beg for basic decency, hygiene.
PDS Legal
Which are the best law firms for arbitration?T1, T2 both works.
Please suggest, what does the work of an associate at a law firm entails, specifically in the arbitration team.
Thanks :)
Umakanth teaches corporate law in Singapore. Has he published on tech?
Oh and you are "considering"...seriously...entitled feeling much?
Is that better for you ? Does that make you happier? Does it give you excitement in your boring life ? Does it make your worthless existence feel relevant ? Good !
Now let's see you give OP 'genuine' advice, you elitist scumbag.
For example people are citing two profs from NLS; Dr Arul Scaria, who is an IPR expert, and majority of his publications are IPR related, and Dr Rahul Hemrajani, who may be considered since he definitely does teach AI, but even he has not published any research on AI.
I hope it's not a case of bootlicking just cause they're from NLS and have a foreign degree.
On the other hand; OP you should check out faculty from GNLU, NUJS and NLIU. Since they have centres of law and tech/cyber. So you may find faculty that's working in the field. NLIU for example also has a MSc and PhD in Cyber to offer. So you may find faculty that's teaching.
In the other hand, Tech law is a vastly new field in the world, and in India majority are trying to associate ipr or even cyber with tech law. Whereas, tech law specifically is about data information,systems and infrastructure. So be clear whether it's IPR, cyber, ai, data or tech.
https://www.ndtv.com/world-news/donald-trump-signs-order-sanctioning-international-criminal-court-7652778#pfrom=home-ndtv_topscroll_Imagetopscroll
T1 firms have sophisticated clients that pay bomb for their work. Bring ECB into the picture and you can make good money. Some years into the practice when you get over the mundane documentation that a junior is required to do, you can wear multiple hats while leveraging your knowledge of financial laws. Banks will always make money and banks will always need lawyers for innovation even if it's just 5% of day to day in a b&f team, it's still challenging and rewarding both money and satisfaction wise.
They are probably bumping the fresher pay to 25 lakhs but the 5 lakhs of bonus will be dependent on you scoring 70 on two different parameters internally. Trust me they have all the control to reduce the score so that they don’t have to pay bonuses. Have done that in past.
Plus 30 percent tax will leave you with less money in hand. Good place to have some breath and learn work but for that there needs to be good flow of work which unfortunately they are struggling with.
3 or 4 band 1 practices - should point out the way they have lost band 1 practices including HR and Funds.
The only practices they still have a hold is tax and lit. TMT is also on downhill note. Tax has seen lot of departures. Except for Parul there is no notable person in that practice area.
Culture not doubt the best. But culture enough will not run the firm. If that would have been the case the departures would not have been this insane.
Also talking about practice heads all of them stick to NDA because of some association with Nishith Desai (either family or friends). You know the reality still you choose to depict a wrong picture.
And Saurabh Kumar?
Which is better? From an A2 perspective in terms of work culture
The article on Bar and Bench says that the next hearing will be on March 3. So when is the counselling likely to restart?
Otherwise, 3-4 months.
My friend recently gave an interview at a very well known Law Firm in Delhi. The first 5 minutes of it was just related to her marital status and how she will "take leave" for marriage, which was a problem. She politely responded that this is not an issue for her, and will not impact her work.
She didn't get through but obviously felt that this was the reason. Is there any recourse here?
How is it okay for this to be a question at all?
Law firms are not the only client facing firms that is there. Infact most software engineers that I have come across are in tech sector servicing clients both in India and abroad. They don't work on weekends at all. Sure most tech firms don't pay overtime but they including the well paying ones don't make employees work on weekends and beyond 8-9 hours. Law firm pay is really nothing to brag about. Only few law firms pay around 18 L to freshers. Any decent-good engineering college graduate will get that much. The best ones ofcourse get north of 40L. Had it not been 50% tax exemption, (which btw law firms have no control to prevent it from being taken away), there would be no justification of being at a law firm. But I guess the fault is with the students who choose to do law, not understanding any of this. I am happy with my job but I would have reconsidered my career choice if I can go back.
Mortgage v pledge v hypothecation
Types of mortgages
Indemnity vs guarantee
Lien
Director requirements for companies
Public vs private companies
Meaning of negotiable instruments
Liquidated v unliquidated damages
Also read up on debentures in general, how they function, listed vs unlisted debentures. Types of debentures - redeemable, convertible (optionally, compulsorily, etc.)
If not, RGNUL
Will there be any issues if I pursue those matters?
My employment agreement did not have any clause which bars me for this.
So my question is, how is legal hiring done ?
Is it solely through cv and interview or we also need to attempt math questions ?
On road it will still cost you more than 7 lakhs but it’s ok to stretch ur budget sometimes