"If you intern with them and they're impressed with you enough they will offer you a PPO or snap you up on Day Z"

That is absolute rubbish. Batch rank and the college one is from still matters to a large extent at the fresher level, any internship work is disregarded.

Depends on how far you go. First 10 years is the foundation where you can may be save 2-3 crores at best. The next 10-15 years are important. If you get all the promotions at every step, you can make anywhere between 30-75 crores. A lot of things have to fall in place over a long period of 25 years for this to happen. This is rich but not enough to be invited to circles of celebrities and businessmen who would have minimum 150-200 crores.

I recently posted about struggle i faced in t-1. I was mocked on the platform for my language skill set. If i wanted to highlight what I have faced in broken language that means i didn't want to come out speak.

All I got here was trolling nobody noticed the actual thing that I have seen.

Assuming here that this excludes many politicians, farmers and businessmen who find loopholes and mainly consists of white collar professionals: MBA, engineering, medicine and law grads. Still seems pretty less, especially when you consider that it includes income from passive sources like investments and rental income. Even if I assume that as much as 10% of these filers are lawyer, that comes to merely 23,000 lawyers who earn more than 1 cr a year. How come???

https://pune.news/government/record-breaking-tax-growth-crorepati-filers-and-direct-tax-collections-soar-255840/

You are right. That’s a foolish decision. There are very little or no legal jobs in the State of J&K. There was absolutely no need of a new NLU in the state or in the country. The two law departments in Jammu Univ and Kashmir Univ serve the purpose. They should rather get faculty members. Half of their teaching posts lying vacant.

you secretly were jealous of her, and yet you call her a narcissist. you did not have genuine feelings and she subconsciously reacted to that which you call toxic, could not respect her nor her family. what makes you think you deserve to marry any one for that matter?

the level of conscience on this post is abysmally low.

wait and watch what will happen to you all who support this type of thought and behaviour.

infinite curses fall upon you and destroy you.

people who still have a soul, should reveal the truths of such people and save genuine ppl.

karma is real.

Just saying what I heard from a faculty member —- the search committee will apparently be constituted this week, shortly before NKC’s extended term is to expire.

I also heard that names for the search committee might be drawn from the following list:

1. Justice Dipankar Datta (Chancellor’s nominee)

2. Kishore Datta (Advocate General)

3. Justice (retd) Jyotirmoy Bhattacharya (Chairperson of WB Human Rights Commission and former judge of Calcutta High Court)

4. Sanjay Basu (Standing counsel for WB, founder of Aquilaw and new owner of Ei Samay newspaper).

5. Mr Amitesh Banerjee (Senior Advocate and Standing Counsel for WB)

its not just a funding problem. There is a leadership and faculty problem too. even with the best of intentions and money in place, it's really difficult to find good leadership and good faculty. barring the top 3-5 law schools, the other NLUs are hardly different from the traditional law colleges or university departments.

AZB Competition has superb clientele yet fails in so many ways.

1. Lack of SAs - PAs (SA4+)

2. No proper practice head

3. There aren't good seniors to guide associates

4. Partners are involved with themselves only - their work

5. Intervention from zia

6. Uncertainty about their relationship with Axiom5

Having said that, Ram, Hemangini and Bharat are top class. Leading names in the field.

Nope, I'm from a pretty woeful private law school, Have around 10 months of Internship experience due to college permitting me to intern during the semester outside Chennai in particular in the city where my law school is as if we attend till 9:30 we get marked present for the rest of the lectures with a valid internship offer, also ended up winning an award at Vis last year which certainly helped.

“Some of them even cross the 15 crores mark in good years

This seems a bit too high, if pre-tax. If you earn 20 crores a year, after tax at 33.33% (for ease of calculations, tax can be higher), you are left with 13.33 crores. I doubt even in good years, any of them is close to crossing 20 crores pre-tax, so the idea that any of them gets 15 crores post tax is verging on the edge of fanciful. Life has surely changed, but not that much.

What I can't understand is why the CJI let her start. Gopal was there in the first WP and he was ready to start - in fact Chief told him to start and then she went on saying she has many cases and she argued in the High Court and that she is the lead counsel. How can she be the lead when she is designated 5 years after Gopal? I just hope we see something coherent on Tuesday

they do. If you intern with them and they're impressed with you enough they will offer you a PPO or snap you up on Day Z. What you're asking for is law firms you haven't interned with to weigh your internship experience at other places higher than your GPA. This is difficult for them because they won't be able to compare apples to apples between different candidates. Maybe your internships happened because you had contacts, perhaps you had an easier time because you were a partner/ clients kid, maybe you got lucky. And theres no accreditation system for internships. The best measure they have then is your GPA. Maybe the better solve for this problem is for students to invest in their own education and take course work more seriously than the vast majority of them do.

Rather than joining coaching at this stage, you should read newspapers, articles and books as much as you can. If you know a senior who also prepared for CLAT, then take their materials and test papers and solve the test papers. The test papers will help you understand the type of questions the Consortium gives and will significantly boost your mathematics. Practice each set of mathematical questions as much as possible to make your mathematical skills robust. Reading newspapers will help you with GK, English, and logical reasoning, but it will only help you a little with legal reasoning. For Legal Reasoning, solve the question papers (Coachings and PYPs) and refer to the materials of your senior.

I have started sip of 80k at A0 level.

Can anyone with decent understanding of finance and investment guide me what amount of money would I be able to invest in SIPs at all levels As - SAs - PAs - Partner - Equity Partner.

I believe I won't be able to meet 1.5L per month before becoming an SA.

PS: please consider other factors, such as wedding, children etc as constant. My living expenditure are 40k per month at higher end.

I graduated in July and joined a well known litigation chamber in Delhi for the exposure, even though I was aware of the peanuts they were going to pay me. I thought I'll stick around for an year or two, learn a lot, and then move to a firm's dispute resolution team.

It's been 4 months now and although I'm quite satisfied with the exposure and learning curve, I'm very dissatisfied with the pay. It honestly isn't even enough to cover rent + household expenses + daily court travel expenses. My previous savings are being depleted so I'm thinking of switching now.

I'd like to stay here for the litigation exposure but I don't like living like a miser who has to think thrice before spending money when I'm with friends.

Would it look bad on my CV & during interviews if I quit my current job just 4 months in? Should I apply to Dispute Resolution teams of smaller firms?

Bro there is barely one or two lawyers who charge per appearance at Allahabad HC, you can get a senior for 35k at Allahabad and that too for the whole matter. Good seniors charge around 65k to 1 lakh and that too for the whole case. Very few seniors charge more than 1.5 lakhs for the entire case at Allahabad, I'm saying this since i do have friends and family practising at Allahabad. Stop lying.

I practise at allahabad hc, lucknow bench. Here you get paid for the whole case unlike in delhi or bombay where lawyers charge per appearance. Most good lawyers of civil side can be arranged for 1 lakh rupees that includes most seniors too. At criminal side for quick disposable matters like bail and 482 most senior advocates charge around 1.5lakh plus. Most good lawyers like my mom take 50k, in this range you can get great lawyers with over 30 years of experience and great standing. A few elite lawyers charge 2-2.5 lakh. Rest average lawyers even do it for 20-30k, even 5k. Albeit even they can get you relief. Also, the most successful lawyers here make crores like 2-3 crores. Most good lawyers earn in range of 1 crore plus. Maybe they are hiding a lot of cash income since I'm talking after seeing their IT receipts which they have uploaded in their senior designation form. So no lawyer here earns 20 crores. Situation is worse at main Allahabad where you can get a senior for 35k and a good senior for 65k.

Just work. Even if it means to slog for the coming few years. Being an in-house executive in a retail business can be a great learning curve. I have seen many great lawyers from the in-house category. In-house executive role will involve a lot of paper-pushing, but then every junior level legal job requires that. Pick-up the legal and compliance nuances of a retail business and grow as a professional lawyer. If you will have the skills to solve legal and compliance related problems of an industry, it will always stand you in good stead. Good experience always counts, and it will help you decide later whether to even need to switch to a law-firm in the coming years. Good in-house work is also equally fulfilling and well-paying.

Add WB to the list of states that will have more than one "NLU". Two campuses will be greenlit soon after the VC gets extension. Asansol site already decided. Some parleys still going on concerning the campus in Siliguri.

SJA can feign surprise etc. And once the announcement is made, SJA will stage some pre-scripted opposition as well.

6-8 crores is too small for rainmakers. People like LV, Reeba, Yash J. Ashar, Ashwath Rau, and Raghubir Menon earn 10 crores+ post taxes easily. Some of them even cross the 15 crores mark in good years.

For salaried partners without their own books, the retainership can go up to 1.5 crores in Trilegal and KCO. The number for Senior Partners in teams with high deal volumes can at the minimum earn 5-6 crores per annum.

J.V Abhay, his entire team is simply wonderful to work with. Everyone there actually ensures that you are learning and having a great time. There is a lot of work, but the deadlines are flexible. Everyone there gives great feedback, and is very helpful with not only your future prospects in SAM, but also with respect to your future in IP in general. Unfortunately I don't think they take freshers and from what I could gauge in my conversations, you are not paid at par with the rest of the teams.
tldr; you learn a lot, you work a lot, good work life balance