Narnolia is one of the best in the business - its a 100 year old financial company from Kolkata

They recently got into SME IPOs, their first one was Drone Destination which was a drone pilot education company and it was ab absolute blockbuster after listing- it’s trading 3x higher today 8 months down the line compared to issue price

Narnolia has since then done a bunch of IPOs this year, all have listed with significant gains

The SME IPO market is rocking right now

Given the speed at which it’s getting oversubscribed and given the GMP it should list at a big gain

^I am the one who posted about panipuri stats.

Let me add today's experience.

So, I went to my state university today to pick my chutya younger bhai. On our way back, that little pesky monkey asked me for coconut water. We stopped near a street vendor Thela.

Price was ₹50 for one. We got two for ourselves. During the day, I had already posted above panipuriwala comment. Now, I asked coconut water wala vendor about his sales. He replied "50-60 coconut per day" during winter & monsoon and "100-200 coconuts " during summer.

Just now I also met my fiance (She is doing her PG in orthopedic) . Me and her went to this street momo vendor. He is actually occupying a space in front of a small departmental store . The momo vendor occupies about 800-1000 sq ft of street space . Along with steamed momos , he also sells full range of chinese food , tandoori momos , kurkure momos and variety of pasta. I asked him if he pays rent for the space he is occupying to owner of departmental store.

Here's the shocking reply "Ha , ₹27,000"

I was very surprised when he told me that. I told him that he is paying a lot of rent. He told me that the departmental store owner allows his customer to sit and use tables which momo-vendor has placed inside departmentsl store. The vendor also uses refriegderator of departmentsl store guy. So he is paying ₹27,000 .

Imagine, ₹27000 is his rent. He is also paying 2-3 other cooks and other expenses. If he is monthly expenses is so much, then I guess his earning must be upwards of 1L per month (gross) on tough months and 1.25L (net) on easy months.

CLAT vs CAT,or JEE vs CLAT which is more challenging? there you go. I'm comparing cream vs cream, not average guys.

Also, I never meant menial sales or marketing jobs, I was talking about hardcore finance and strategy roles that require high-caliber reasoning and mental aptitude, which sadly most MBA grads don't get into. Same goes for Tech jobs too since Coding>back-end support.

Brother, leave law. Sincerely, a fellow bro who is smart and hard-working. I cracked a good college for MBA. Minting money now. Just so you know, the law background boosted my profile with diversity points. Never thought a male candidate could get those. I'm killing it now in terms of money and lifestyle. Go back to your books. Study. Retake your maths lessons since you've lost touch and are rusty now. Study logic if it is not your strong suit. Get out of this hell hole of a profession. No one is coming to save you. But I promise you can make it out of law. Leave, and you'll live a richer life. Run. You don't have to suffer.

I'm not sure what's the reason for that. I interned in Praveen Raju's team in mumbai and received an offer, it was a great experience and the work culture in the team seems to be better than tier 1s where I interned. Plus they have offered 12 fixed and a bonus of upto 35%, bonus payout last year was also 80% according to an associate so the package is more or less what tier 1s are offering. I don't get the hate

The Supreme Court just designated many seniors including Haripriya Padmanabhan - this makes a first for the Supreme Court with her husband Gopal Sankaranarayanan designated 5 years ago. There are other couples who have been designated before, but one or other of them would be from a High Court. Great credit to her for being a mother of 3, not an advocate on record (a pure arguing counsel) and for having made it the hard way without being a social media staple. Also maybe a matter of credit to NLS - a first for the University. She was 1998 and he was 2001.

The Hon'ble Chief Justice of India and the Hon’ble Judges of the Supreme Court of India, in a Full Court Meeting, held on Friday, January 19, 2024, have been pleased to designate the 56 Advocates-on-Record/Advocates as Senior Advocates with effect from January 19, 2024.

Out of the list of 56, there are 5 women Senior Advocates. 30 Advocate-on-Record and 26 Advocates find a place in the list.

The list is as under:-

Click here to Read the Notification

1. Gaurav Agrawal, Advocate-on-Record
2. Shobha Gupta, Advocate-on-Record
3. Sitesh Mukherjee, Advocate
4. Amit Anand Tiwari, Advocate-on-Record
5. Saket Singh, Advocate
6. Amar Pradeepbhai Dave (Amar Pradeep Dave), Advocate
7. Devashish Bharuka, Advocate-on-Record
8. Swarupama Chaturvedi, Advocate-on-Record
9. Dr. Aman Mohit Hingorani, Advocate-on-Record
10. Abhinav Mukerji, Advocate-on-Record
11. Saurabh Mishra, Advocate-on-Record
12. Nikhil Goel, Advocate-on-Record
13. Sunil Fernandes, Advocate-on-Record
14. Sujit Kumar Ghosh, Advocate
15. Shikhil Shiv Madhu Suri, Advocate
16. Liz Mathew (Anthraper), Advocate-on-Record
17. Sanjay Upadhyay, Advocate
18. Sudhanshu Shashikumar Choudhari, Advocate-on-Record
19. Karuna Nundy, Advocate
20. Pratap Venugopal, Advocate-on-Record
21. Gagan Gupta, Advocate-on-Record
22. Raghenth B. (Raghenth Basant), Advocate
23. Tapesh Kumar Singh, Advocate-on-Record
24. Nisha Bagchi, Advocate
25. Rauf Rahim, Advocate-on-Record
26. P.B. Suresh, Advocate-on-Record
27. Uttara Babbar, Advocate-on-Record
28. Dr. Joseph Aristotle S., Advocate-on-Record
29. Sridhar Potaraju, Advocate-on-Record
30. Haripriya Padmanabhan, Advocate
31. Dr. K.B. Sounder Rajan, Advocate-on-Record
32. G. Saikumar, Advocate
33. Anand Sanjay M. Nuli, Advocate
34. Senthil Jagadeesan (Senthil J.), Advocate-on-Record
35. Deeptendra Narayan Ray, Advocate
36. Mohd. Shoeb Alam, Advocate-on-Record
37. Pijush Kanti Roy, Advocate
38. Archana Pathak Dave, Advocate-on-Record
39. N.S. Nappinai, Advocate
40. Anil Kaushik, Advocate
41. S. Janani, Advocate-on-Record
42. Naresh Kaushik, Advocate
43. Ananda Padmanabhan, Advocate
44. Dr. Jose Porathur, Advocate
45. Uday Gupta, Advocate
46. Shridhar Yeshwant Chitale, Advocate
47. Anant Vijay Palli, Advocate
48. Rupesh Kumar, Advocate-on-Record
49. Sanjay Vasantrao Kharde, Advocate
50. V. Prabhakar, Advocate
51. Abhijeet Sinha, Advocate
52. Arvind Kumar Sharma, Advocate
53. Shailesh Madiyal, Advocate-on-Record
54. Shirin Khajuria, Advocate-on-Record
55. Raghavendra S. Srivatsa, Advocate-on-Record
56. Ardhendumauli Kumar Prasad, Advocate-on-Record

I chose law because I hated Maths and money didn't matter to me during school days. Now I want to earn as much as possible with a caveat that it should be legal. In LI as well as by other talks given by law firms in our T1 nlu, I got to know two things : firstly, on average only the earning of an hedge fund manager, PE fund manager, and investment banker etc is higher than that of a law firm partner; after an MBA. Secondly, most likely you as a lawyer won't get placed in such firms and end up in consulting because of no experience with maths and quant like an engineer. Is there anyone who has broken this ceiling? Any insights on the above 2 premises. I don't want to make it too much of a law v MBA debate. Just wanted to know whether such people exist and how they tackled limitation of quant/math .

Khaitan Chennai is not legit Khaitan. Most national law firms in Chennai are not legit national practices.

They are local firms tying up with Mumbai/Delhi/Bangalore based national law firms. Because chennai is not a city where biglaw thrives.

Khaitan Chennai is basically Assentio Legal a Chennai firm who tied up or merged with Khaitan.

I don't think they pay same salaries as Khaitan in Bangalore/Mumbai/Delhi.

Can I be assured of becoming a partner, atleast in T1 firms, say with 10 to 12 or at Max 15 years of PQE. I am asking in practical terms. I know quite many SA's quit and join inhouse but those who continue to remain in law firms, do they finally end up being a partner or not? Also the same question with regard to becoming a SA from being an associate?

"Law is not technically challenging"..are you (i.e. OP) nuts? You think all brain lies with tech and MBA people?? Well I am in-house in a tech company and daily interact with engineers and MBA some of them don't even know that an unrelated company not signing the contract cannot be subjected to its terms (happened yesterday) and forget investment, strategy, taxation and negotiations. Some of them are bright but majority is quite average. Lawyering is a difficult and vey technical job to do and I must say requires high brain. Sometimes my team people envy the MBA marketing team who proposes a couple of nice ideas on marketing on a slide and are gone for Friday happy hours. I am not saying there work is not challenging, but like you are dissing at lawyers, similarly there are lot of lawyers in my team who diss on MBA folks. Again I am not saying dissing anyone is right, it is wrong, but I also refuse to believe anyone like you who diss on lawyers.

Front end consultant meaning who directly meet clients and unko topi pehnate hai. They are the ones who present the final presentation to the CXOs. Undergrad hiring mostly from old IITs, and rest after MBA. Other consultants or analysts make the presentation or do the research. Just search for BCG and it's new division BCG X. All these give support to the consultants.

Why consulting is most sought after investment banking because it has great exit opportunities. Bole toh Uber CEO is ex McKinsey etc. You can enter almost any field from govt to startups to tech companies after a front end consulting role in MBB, especially McKinsey & BCG. All top Bankers, who's who are ex McKinsey.

And you will have a network all across the world. And someone will know someone who could help you out. Hence, people desire MBB firms.

Sure, no one had asked for an exemption for sporting events. The question arose because of the reason given by the VC for cancelling Trilateral which is that the NLS students don't perform in local sporting events in Bangalore. Performing in local tournaments require some kind of help from the admin as well. Its not like trilateral which gets over in 2-3days.

This is not just about Trilateral but a larger issue on student participation and student-led events

Yes! In law school! We worked through those books in our course work ! What do you read in law school ? Dukki?

Not just those our consti law prof insisted we read through seervai! And fam law you needed to read Maine as well! Our jurisprudence / ios professor made us read original texts in Hart and dworkin and raz and fuller. It was just the done thing.

You don’t have to read it all in one sitting - you work through the material module by module week by week.

The fact that you think this is some lie or unbelievable makes me really worry for you young kids - what are they teaching you and what are you reading in law school?

A friend works in a PSU Bank. Comes back after 8 PM, gets paid about 50k in hand and options for promotion are limited after a point as you've to compete with people in general administration, who are in higher numbers for promotion. May work differently in a different PSU, with SBI being the best.

extra curriculars are supposed to be just that - extra. If you cannot do your course work because you want to attend a concert or play football or do a moot- the acceptable solution is to work longer and harder. Not to have the university waive academic requirements. a legal education is not school. And not everything that makes you happy in the short term is beneficial in the long term.

Also, I am kind of surprised how Sudhir has successfully hired some well-qualified puppets. For example, the DCRL has got an MBA from IIM-A but he just parrots whatever the VC tells him. In the sportscom meeting last night, he got roasted so bad that he had confess that it's all coming from the VC and not him

looks like you are hell bent on proving that your understanding of equality and the logic of reservations is not even elementary. We have reservations to address discrimination on the grounds of identity (and not because they are poor). Reservations are not a measure for poverty alleviation or to provide opportunities for the poor. It's something that we have to address social discrimination that we practice in India, to a person who has a particular identity. Women being given preference follows the same logic. To add, it's only a form of whataboutery to say that one who speaks of a particular issue must be addressing all the other issues too.

Company cannot grow without staff but every year associates and partners go on trips but the supporting staff has 0% expectation from Anand Desai that he will be a nothing for them.

Every year almost every associate and partner gets bonus but every year the support staff nothing.

I could see the disappointed faces of the staff somewhere in these smiling faces on the trip.

So I decided to leave this company as soon as possible.

Company Agenda:-

Associate and partners - Trips + Bonus = Profit

Supporting Staff - Trips + Bonus = Useless

There was a Marwari family in Kolkata called the Agarwal family. They used to sell chanachur and namkeen on the footpath, then started a shop called Bikaner Bhujiawala. The family eventually founded Haldirams, which is today a Rs 5,000-crore company with a pan-India presence. I don't think even the Shroff brothers have made that much money.

I'm not wishing someone to do or say anything, I'm just putting forward the hard realities and how unfair life is for some people. For the wealthy, yes you are comfy, irrespective of your gender, but as you slip further down the social and economic hierarchy, things become disproportionally harsh for some more than others.

It's official. Trilateral isn't happening and the reason they gave is not enough participation in local sporting events lol. This is the same admin that had asked Sportscom to refrain from participating in local tournaments a couple of years back because of hostility faced by the students during such tournaments. Also, there is absolutely zero support from the admin in terms of money, attendance makeup, exemptions, or anything of that sort when it comes to any kind of student activity.

The main motive is to save as much money as possible and pour it into the messiah's masterplan.

Jobs in banks aren’t really glamourised among the NLU crowd. But it seems a good option, at least from a middle class viewpoint. Stable job, decent working hours, employee benefits like soft loans, working for a “brand name” company people have heard of (unlike lala law firms) etc. Even club memberships once you reach a senior position.

Thoughts??

Take everything you see on LI with a pinch of salt. It may be a good option, as you don't have substandard faculty teaching 3 year courses. The electives available are same. If you manage to secure an LLM abroad, it will go on to boost your entry into academia in India, at least at Jindal. ALternatively, finish your PhD as early as possible and join academia. There are quite a few good academics at NLS itself who have done 3 year LLBs so it's absolutely good if you're basics are strong.

LI, the new domain of incels and misogynists. Does any mod have the guts to come out and justify their decision to publish this thread to begin with? To all the people who are loving these rants, just don't get married to women, nobody is making you do so on gunpoint. Run your household by yourself and hired help. If you think that women have it easier in law, despite all the available data to the contrary, then feel free to leave law altogether and leave it to the women. Simple!

Please make a list of all things that are going for you - the fact that you are healthy, educated etc. look around you - you realise so many people struggling for basic necessities. Whilst depression is a medical issue, you can over come it by thinking about your glass being half full rather than half empty. We live only once. Why waste precious time with negative thoughts - be positive and confident - am sure good things are in store for you.