What is it with these litigation boutiques in Delhi having really long, detailed and comprehensive recruitment processes that end with the HR informing you that the salary is 10-15k🤡? Instead of spending so much on the recruitment process, can't they just pay a little more to their juniors? It's mind-blowing that the salary these boutiques offer is less than the monthly stipend Tier 1 firms offer student interns. What even explains this disparity?

:(

Mushkil ho gayi sir. . bade college se padhna tha.. malum nai tha tab. Ab khoob late ho gayi hai.

Covid k bad aur sab khatam ho gaya. Fir se virus aa rha hai koi as per news...

Chote cities me job nai h .. aur family ko chodh k bade city kaise jaayege ..bade city me rent is also high..waha kisi ko jante bhi nahi hai. .

I guess she is just doing ass-licking right now. You are mostly her senior. So, she just wants to stick to you constantly, like Andy to Michael from The Office. If she can't be your Dwight, it is time to push her away. How? By saying stuff like: "Hey, I am busy. We can discuss later," "Hey, I want some alone time due to work/personal stuff. Hope you understand, will keep you updated" (but you don't have to update her – if she insists, you can always evade by saying "Oh, just that my best friend is getting married and my best friend is cheating on their spouse." – enough gossip to keep her away for a while).

OR

For all you know, she genuinely looks up to you – like Amy to Holt from B99. So, you gotta bear with her. Mentor her. etc.

Job nai deta koi bhi .. job nai hai

Koi b cheez nai khareed skte...

Have to wait for months to buy small things
Internship b nai dete

district court me seniors b pay nai krte

And work min 12 hrs

And physically laborious

People who have good job and family are really lucky

i am left all alone in this world now

Best way to learn fintech is to reverse engineer it.

Try out fintech apps read about financial services companies their business, and try to understand how they are doing what they are doing. Some questions to think about, these are just off the cuff.

1. Do they need a license to do this, or is this a partnership with a regulated entity?

2. Why do they need my OTP here?

3. Why do they need to KYC? Why is my Aadhar OTP not enough KYC? Basically try to think in terms of friction point the company will not want to do 1 bit more than it has to under law, so if you see any friction, in terms of OTP/KYC/Account Verification/Disclaimer/Disclosure, it is probably required by regulation and you should try to understand where does it originate from.

4. Some random questions why does this crypto exchange not support crypto withdrawals?

5. Why are there different type of banks what is the difference between cooperative & SFBs?

6. What is the difference between Payment Gateway and Payment Aggregator?

7. How does UPI work? Who is NPCI? What is a PSP/TPAP? What is PPI on UPI?

8. How does Mutual Fund Investments work? What is a Mutual Fund Distributor? What is an Investment Adviser/ Portfolio Manager? You can repeat this for each sectoral regulator (IRDAI, PFRDA, RBI (big daddy), SEBI, IBBI) pick up all the types of licenses they issue and try to understand the what, why and how.

The second best way is to read up on all major fintech issues/debates of the last decade and read and understand the regulation around that topic, at that day and as it stands today. For example FLDG , Digital Lending Guidelines, Payment Gateways-Chinese Loan Scams, Crypto-Chinese Loan Scams, Credit on PPI (Slice Shutdown), RBI hesitance in granting Universal Banking License/PA License (Congrats to Razorpay/Cashfree), RBI rescue schemes (BharatPe, Slice etc. For these topics there are some really good newsletters you can follow, if you read up their archives, and actually pick up the regulations to read and understand that is more than enough. My personal favourites are Fintales by Ikigai & MoneyRules by Setu, however they don't really go back long enough. I think if you search mint archives that is also a good source, I have been following news for some years now so have had the benefit of reading newspapers. Today, there are a lot of good newsletters that cover everything.

The third is just open Mondaq periodically and catch up on all recent updates or minor news.

This idea that bare reading of rules, regulations to learn fintech from scratch is a futile exercise in my opinion, it is boring, and you are unlikely to understand any thing you read. Although once you cover the basics, you do need to exhaustively read all of these regulations/acts etc. which many have listed here, but I would suggest starting from live examples and reverse engineer to reach the applicable law.

https://twitter.com/hoovlet/status/1736827574527934572

According to Wiki he is a propagandist for Japan and whitewashes their conduct during WWII.

https://en.wikipedia.org/wiki/J._Mark_Ramseyer#Comfort_women

Why has the admin changed its position from CBCS to old method of different subjects for different sem students? and why are we not raising a voice against it, at least last sem we had a host of subjects to choose from, but this sem its complete rando subjects being taught by rando faculties.

KS is taking Comparative Consti Law, MM is taking competition Law, and there is a subject called Criminal and forensic sciences which has nothing to do with law at all. AI is being taught by someone who took 4 classes last semester to explain what internet and ISP is.

Then there exist subjects like Tribal Identity, Disability Law, Service Law, Domestic Violence Law, Food Security, which should not exist as independent courses as they are merely modules of other subjects.

<b>Two cents for Student Council and students:</b> This is the wake up call for us. We need to wake up and smell the coffee before its too late. Those cynics in that yellow coloured building keep changing their positions as per their whims and its us who are made to suffer that.

And this post is not only about the subjects, but all their decisions such as introduction of 3-yr LLB, Hostel Rules, proposed carry over for attendance, LalluMs in RCC (tomorrow 3yr LLB people too will end up in RCC, and imagine what will you, the majority stakeholders will get?).

i mean- the answer to this will change based on what youve got going for you and what you want to do.
1) LLM/ Academia- good grades get scholarships, they get admission into fancy places. They make life a lot easier. - it is technically possible to get an unfunded llm with bad grades- but theres no real reason to believe that that will improve phd/ jsd applications at all.
2) Corp firms- the easiest way to get into these firms is to go to t1 college and have really good grades. You dont need to do anything else or know anyone else if you have those two things. If you dont have those two things- you need to know someone, or you need to intern like a fiend and impress colleagues so much they over look your poor education, or you need to enter laterally after working at other institutions and building up your career.

3) litigation- one route to litigation in delhi is the clerkship route- clerkships lead to working with retired judges and lawyers and leads to a network of people working in various delhi courts. The other route is papa route- hopefully papa wont care about you failing tort law. the last route is joining a litigation firm/ chambers of established lawyers as a junior- slaving away for poverty wages for a few years. and then eventually making enough connections to start out on your own. Even once you start out on your own- pay is what you make so it is uncertain. Litigation chambers are a hard nut to crack- youll need to intern a lot. But just getting people chai during internships wont be enough. You will need to know the law and know how to construct arguments and know how to draft things. Or at least demonstrate the ability to pick these things up remarkably quickly. If you are that quick a study- and if you do know the law- i cannot quite imagine why you would have a very poor gpa in law school.

Please DON'T go to NUS Singapore. Those giving advice here are clueless. It's so much easier to settle in the US with a US JD, or in the UK with a UK LLB, then settle anywhere with a Singapore LLB. Don't go by the high ranking of NUS in QS. It means nothing for an Indian citizen.

As stated above, I am a 3rd year at one of the top 2 law schools. However, my grades are not that good (around 50% of people in the batch might have better grades than me). I have done around 3-4 internships including in law firms and chambers; am also doing a national moot and a reputed national nego competition; have few publications at relatively good blogs to my name. I, however, feel like my prospects of getting a job in a T1 firm are not that bright given my average grade. I have already given up on any hope of securing a PPO as I am not sure if I would even get an internship through my Batch's Recruitment Committee. My Day 0 would most likely be happening in 2025 i.e., when I would be ending my 4th year. Can someone explain what is it that recruiters look for in a candidate on Day 0 for gen corp or disputes teams? Our GPAs would be freezed in the 3rd Year itself for the purposes of Day 0 so I don't have the luxury of increasing it by the end of 4th year. All of this gives rise to a lot of anxiety and stress about job prospects. Requesting people to share their thoughts in this context.

Hey everyone,

I am reaching out to all LI users and OTT. I have seen OTT helping everyone who is struggling to carve a niche for themselves in this tough profession, be it students or people trying to transition to different fields. I believe given OTT's vast experience in a variety of sectors, it will be a great opportunity if people get a window to interact with them and learn from their experiences. I, therefore propose an AMA with them. Of course this is subject to their convenience and them agreeing to this. LI moderators can set a day and time, ( again subject to OTT's convenience) where people can ask questions.

P.S: OTT, would love to hear your thoughts on this. Thanks

If she is attractive, ask her out and bang bang. Otherwise, slowly try to push her away. Don't complain to anyone, she may falsely accuse you for something. Maybe try to be a bit unhygienic around her like pick your nose in front of her or something similar. Even after all these she doesn't stop, she needs something from you and you are screwed.

Btw, she is senior or junior to you? If she is junior, put her in some other team.

Extremely worrying. Our immunity from vaccines has gone. People are also getting weak from pollution-related respiratory illnesses.

https://www.ndtv.com/world-news/new-covid-strain-jn-1-classified-as-variant-of-interest-by-who-4705421

My office colleague is getting very close to me and following me everywhere no matter what I do whom I am talking to she always sticks by my side which is kind off irritating me now, because it’s invading my personal space and bond with others around. Suggest me what to do, thank you

Bharucha is not pretty. Literally all law offices have direct sea views. The washroom is disgusting like a pigeon hole with no ventilation. The whole office smells cigarettes which is worse. The vibes are off. It's just painted in grey and the ceiling is all pipes. Some partners have a good cabin, but the office is just bad. Hardly any greenery there.

1. Payments and Settlement Systems Act, 2007 - This is the mother Act for all things fintech.

2. NBFC (SBR) Master Direction, 2023

3. Outsourcing of Financial Services Guidelines (for both banks and NBFCs; for NBFCs, it is now covered within the SBR MD)

4. Outsourcing of IT functions Guidelines.

5. Digital Lending Guidelines, 2022

6. Guidelines on Default Loss Guarantee, 2023

7. DPDP Act, 2023 - with a background of SPDI Rules 2008

8. Aadhaar Act

9. Aadhaar (Authentication and Offline Verification) Regs 2022

10. PMLA and PML Rules, 2005

11. PA-PG Guidelines

12. Debit and Credit Card Directions

13. Co-Lending Circular, Co-origination circular

14. PA-CB circular

15. PPI Master Directions

16. FEMA Circulars on Authorised Dealers

17. NPCI circulars and procedural guidelines

18. Consumer Protection Act and regulations / guidelines thereof

This is a broad overview of applicable laws in fintech.

Anup is a decent teacher, but he's by no means the top of the lot when it comes to consti. AK Rai's classes are incomprehensible to most students. As for Arul et al, if you think that they are going to come back, then you're going to be disappointed. Teacher-wise, NALSAR also had Sid Chauhan and others. So as I said, not much to distinguish between the two places. I agree about the location though, but Delhi has its downside including weather, pollution and safety record.

Something similar happened with me too from a T1 &T2 firm. Partner's shouldn't commit to interns if they're aren't going to hire, what's the point in giving false hopes. A T2 firm partner was eager on hiring me and when i contacted him and the HR, they were both unresponsive and it's really difficult to get in contact with the T1 partner lol.

Payment & Settlement Systems Act

Prevention Money Laundering Act

Directions for Opening and Operation of Accounts and Settlement of Payments for Electronic Payment Transactions Involving Intermediaries, 2009

Guidelines on Regulation of Payment Aggregators and Payment Gateways

Master Direction on Issuance and Operation of Prepaid Payment Instruments

Guidelines for Licensing of Payments Banks

Digital Lending Guidelines

Master Directions – Non-Banking Financial Company – Peer to Peer Lending Platform

Master Direction – Non-Banking Financial Company – Scale Based Regulation) Directions

Master Direction - Know Your Customer (KYC) Direction, 2016

Master Directions on Access Criteria for Payment Systems

Framework for Outsourcing of Payment and Settlement-related Activities by Payment System Operators

The advantage of Jindal is that you save a year if you do the Cornell JD versus going to an NLU and then doing a JD. But a small number of NLU alumni have done JDs, losing an extra year. An example is a girl named Irum Huq, who went to Harvard Law School after graduating from NUJS. She works at a firm in the US.

bump , Finance is a pride heavy field not only in India. You are in direct competition from IIM grads , CAs and CFAs . Mostly IBanks like JP, Morgan recruit a mx of CS + LLB or pure CS for secretarial and compliance work. They wont include you in transactions !

Having said that, if you want to grow in Finance MBA Fin is the best bet

Some good ones have left, yes. But that was a while ago. We still have professors for Consti Law (like Anup) and Corp Law (AK Rai - who is largely regarded as a better prof than Harpreet Kaur for corp). And besides, people like Arul, Harpreet Kaur, etc are on lien/deputation the same way Bajpai went to RGNUL for a while. So, eventually, they'll come back to NLUD. And even otherwise, NLUD's location will make it much easier to attract good faculty compared to NALSAR.

1. Get a CFA (all 3 levels) to broaden your perspective to public/private markets & leveraged finance. Further, getting an LLM or CS will help to a large extent so give that a thought.

2. Get a job at a specialized firm/T2/T1 and work there for 3-4 years for the sake of work experience.

Since you will be client facing at the A2/A3 stage, build a rapport with your external legal counsel and open up about the intention to switch to their department; considering all the ramifications that will come with it since there is no going back from there.

3. Since your niche is IBC - look out for ARCs, NBFCs, Funds and Banks based out of Mumbai since thats where the B&F/R&I opportunities in the legal roles are to a large extent.

Lastly, although going in-house is a huge pay cut from the law firm life (unless you are a GC or head of legal), choose what you want since the grind at Indian firms are not worth it.

Best of luck, hope this helps!

It's way more difficult to get into a top 3 NLU versus getting into Ashoka. Hell, take away the NRI quota and getting into places like NLUJ, GNLU, NUJS and NLIU is also way more difficult than getting into Ashoka. Government universities will always be more prestigious than private ones.

I have never tried this, but I hope for it to work:

Follow-up with the Partner in 1 week from now (Call).

Then, act as per their instruction

Then, follow-up with HR 3 weeks from now (e-mail).

Then, act as per their instruction.

Then, follow-up with HR 6 weeks from now (call).

Hey, kid. I have been in your position. I suggest you to do this:

1. Go for NALSAR. Nothing can replace its resources. People will tell you NLU-Delhi. But note that NALSAR has been in the game longer, meaning more credibility and more law firms approach it.

2. Both NLU-Delhi and NALSAR are genuinely overall good. It won't make much of a difference. Feel free to choose either.

3. Do not go for UK-based LLB. It is financially far-off. Even if you get a scholarship, you will still have to consider your medical expenses, spending expenses, food, visa, accommodation, travel, clothing, phone bills, entertainment, etc. – UK is too expensive for all that. You can always do your LLB in India from good unis and then shift abroad. There has been precedent already. Just note that if you do choose to do LLB in UK, you also wouldn't have as many resources/contacts in terms of law firm privileges (partner contacts) as you would in India. So, no tangible sense.

4. Note that literally ANYTHING can happen in the next 3-5 years that can severely affect your ability to continue your LLB in the UK. India is cheaper. Stay in India. Get a scholarship here, and you will be much better off for your parents too. Why? You are about to get into NLU-D or NALSAR, kid. Be proud of yourself. You are already miles ahead of everyone. In colleges like these, you will get good seniors who can guide you really well. Have trust in the top-tier NLU brand tag (I am one to say despite being from a Non-NLU, but trust me, India is much more worth it).

5. Note that a lot of answers here will come from a place of privilege. You need to assess your own privilege and only then be able to decide whether you can do it or not. If I were you, I would've taken NALSAR hands down. It was my dream to get into this college, but, due to circumstances of my own doing, I couldn't.

6. Both NALSAR and NLU-D will give you the highest ROI. UK unis, not as much. Because we do not have access to their domestic privileges. Trust me, stay in India for the time being. You can mature with time. You can collaborate online/virtually on projects, debates, moots, papers, etc. with people from abroad while being in India. You have a lot going on in India, don't worry.

7. Considering your alma mater will be a T-1 NLU, you having to later shift to UK wouldn't cause you much of a problem.

So, kid, trust me, you are going to be MORE THAN FINE in India, especially in both NALSAR and NLU-Delhi.

Why would anyone pay Forbes for a ranking, given its track record: https://www.theguardian.com/business/2023/apr/06/forbes-30-under-30-tech-finance-prison

The HR told me that she will get back but has now ghosted me. I'm graduating in 2024 and am seriously anxious now. It has been a month now and i haven't done anything productive. This is in my mind 24 hours and making me extremely anxious.

I got very good feedback and had high hopes. Was banking on it but now don't see it materializing into anything

they used to do a lot of PE-VC work but heard its dried down to a great extent. Attrition is very high and the disputes are non-existent except for a few briefs here and there. Better to avoid and choose other top heavy firms in Free Press House such as Bharucha, Argus, SNG, SAMVAD and the likes.

Well, if you are from Hyderabad, NALSAR can be put over NLUD if you want to stay close to home. But about the stagnation at NALSAR, some of the better faculty at NALSAR, including their own BALLB alumni, have left the place for colleges like JGLS and NLS in recent times. And they don't appear to have recruited better faculty to replace them. The location disadvantage also affects research tie-ups with Govt. bodies, foreign countries, etc. NLUD has also started joint degrees with places like SOAS and Durham recently, and NALSAR administration doesn't appear nearly as proactive on this internationalization front. Also, NLUD just had a Rhodes this year, last time NALSAR had one was nearly 10 years ago. Other achievements like top UPSC ranks, judiciary toppers etc. are almost an regular occurence from NLUD these days. NALSAR is still one of the best NLUs alongside NLUD and NLS, but they've started programs like IPM and MBA instead which don't really add much value for the law students beyond some measure of extra finances for the Uni.

Should be CV-based. Prepare questions on the work you have done.

Learn important provisions from Contracts Act, Specific Relief Act, IPC, CrPC, TOPA, RERA Act, IT Act, 2000, Companies Act, 2013.

Learn important provisions from any other Act depending on the kind of work the firm does. For example, if it does IP-based litigation, focus mainly on IP Laws.

You won’t get a lot of (in fact very few and useless) scholarships for good colleges in UK. Maybe a few for the bottom Russell UNIs. No offence, but NUS is also a very far reaching option for you. So maybe just focus on NLU-Delhi or you can try for German law unis but they are also quite competitive especially Humboldt.

The Interview process is quite wasteful. After giving the student hopes about assessment and hiring they're crushed lol. Nevertheless, in terms of work it's pretty bad. Constant nagging and the associates try to lower the moral of freshers in every way possible, this includes the associates with pqe of 0-1. The work is never appreciated and there's always someone trying to take credit for your work. Do not work there in any circumstances. Their salary structure is just on papers. Do not work there!!!

This is a no-brainer. I personally feel that NUS Singapore is better than all the choices you have mentioned above. It’s not just competitive but it’s also somewhat of a mammoth task to get into the 4 year LLB programme in the first try. NUS is very selective about its ‘medicine’ and ‘law’ programmes when it comes to international applicants. Good luck tho!

This topic has been discussed many times before on LI. There is a list by Chambers and Partners of the UK universities preferred by law firms for training contracts. The list ranking keeps changing, but the broad trend is that Russell Group universities overwhelmingly dominate the list and getting into any Russell Group university should put you in contention of getting a TC. But you will obviously need to study hard and get good grades. So both Russell Group brand plus hard work, not either/or.

A US JD is also a very good option and probably better than a UK LLB option, as there are more opportunities in the US. The Ashoka BA-US JD option sounds good. You can also consider a Jindal BA-LLB JD option, which gives you two law degrees and makes you eligible to sit for the bar exam in both places. Potentially, pursuing an Indian BALLB and then doing a US JD could also place you at an advantage during your US JD, as you will already be familiar with certain legal concepts.

Finally, an MBA in the US is an excellent option and can open doors for you anywhere in the world. I would strongly suggest this.

UK, if you get the scholarships, considering your personal ambitions. But, NLUD over NALSAR, otherwise. Delhi is a better location since you have to stay for five years - better food choices, can shift out of campus if necessary, etc. (NALSAR is literally in a rural area way out of Hyderabad city limits), NLUD still has better faculty who can help with foreign applications/recommendations, and now, there are plenty of NLUD alumni in foreign firms and doing foreign LLMs. NALSAR is by no means much worse, and is well ahead on the foreign alumni headcount, but the place has largely stagnated in recent times vis-a-vis NLUD. Both are great NLUs in terms of peer exposure though, so you won't be losing much, but keep in mind NALSAR does have a 25% Telangana quota whereas NLUD has no domicile at all. So, I would suggest you go with NLUD in your situation.

Hi, I might be getting a job at a boutique law firm. Given the economy, I have been told to take that instead of any other tier firm job because tiered law firms are almost done with hiring. They were done a year ago. So, I was told that gain the 1-2 PQE and make the lateral shift.

How do I laterally shift from boutique to tier-1/2/3 law firms? I recently saw one of the headhunters’ post - it said the applicant must be from a “T-1/2 law firm”. Thus, how can one even laterally shift from a boutique law firm due to such restrictions being imposed? Please help me out.

Hoping for answers from people who shifted from boutique to tier-1/2/3 law firms. Your help will be sincerely appreciated a lot. Please help.