Its not about the partner: it has much to do with the talent pool, team size and accountability which should be commensurate with good quality work and decent pay.

This is my perspective to WG's banking practice and may differ from person to person:

1) Pay - It starts with 65-70k per month amounting to 7.5 lakh ballpark for freshers. This goes up year by year and matches T1 pay in 3-4 years time. Don't let this fool you though, Wadia lawyers become partners by age 30-31 post which you will be pressured to get in business and your pay; be basis the eat what you kill model. On the brighter side, their real estate and banking teams have home grown people and some very blue chip clients with great transactions involving high complexity.

2) Work - Mixed bag; including both templated corporate work as well as enforcement mandates and regulatory approvals across teams. If you are in banking or real estate, you will be seated across T1 and foreign firms more often than not since both the quality and size of the transactions are meaty.

3) Team - Very small teams for a lot of work across practices. This is where WG takes a hit leading to differences within teams, overworked juniors and constant backlash from the partner(s); causing attrition at the junior levels.

4) Culture - Adverse in some teams, very sweet in others. The firm will value you as a resource only if you stick with it in the long run and show solidarity in all shapes and forms. There is a reason why the people sitting at the top of the firm are respected in the elitist Mumbai circles (both legal & others) so much. Its a Crawford Bayley/ Khaitan type of outfit which has been bound to such a huge legacy akin to high regard in the domestic and international legal market at large.

5) Exit Options - Every T1 firm in Mumbai prioritizes WG laterals since the firm is known to train its lawyers well; both in terms of developing the ability to lead transactions as well as a steep learning curve.

Stick with the firm for your initial years and switch after learning the ropes is what I have to say.

Best of luck!

MHCET is another option that law aspirants can eye for. Apart from MHCET, LSAT (for JGLS), SLAT (for Symbi, Pune) and, if budget permits, BITSLAW are decent options to consider.

The paper was easy, no doubts about it. And people who were able to tame their nerves were able to perform better + the easy nature of the paper gave people with low prep but good reading skills a solid edge, which proves good for a T-1 fresher as opposed to a T-3 dropper imo. Nonetheless, the CLAT consortium is widely infamous for their ridiculous actions, some of them being the revision of the schedule and the constant changes in the pattern.

no area of law will give you skills which will make you a better trader. But PE/VC might help you in the 2nd ascpect of your question i.e. learning fund raising. However, this will only make you aware about the process, and might potentially help you build some contacts, and youll be better able to negotiate your own deal (one day) in front of VCs if you thorughly understand the provisions. At the same time, this field will not expose you to the business aspect of how to actually run the venture; youll have to learn this elsewhere or transition from law for a few years before launching your venture

Core finance and law has almost zero overlap.

i prepped for clat and all my seniors told that do quant lil 5-6 marks are good enough in it i didnt heed much as i was scoring amazing in logical reasoning and legal and maybe practiced di little bit

moreover my mocks everything was on point

and the day the paper happened i scored descent in what i had hoped to score in all sectionals then came QUANT where i did the mcq mistake and lost out on all my answers and accquired 1 ( very silly) well regardless

im planning for a drop next year im prepping for ailet but i had placed all my eggs in clat it seems sad at this point with my silly mistakes in gk and quant im landing a score at DOT 80

any tips on how do i do my drop year as my 12th board will be ending in feb end march 2nd week so how do i do this if anyone has any valuable advice please do type it

Hi. Need your suggestions/advise. It seems you have cracked the code of getting clients. I being at 1.5 PQE how do I take it forward like now I am thorough with drafting, research and that initial hesitation to appear before courts is all gone. With regards to knowledge of law, i can say that I have average basic understanding of civil and commercial laws. How do I scale up from 40-45k pm to 1L in the next 1.5 years. Thanks

Title. Do firms like KCO tri or any non tier one firms provide a bill share option as opposed to a lesser base?

Additional query: If not, is it something you can negotiate and ask for or is the salary for an A0 non negotiable and fixed same for everyone irrespective of different calibre in different A0s?

While there may be some truth to this, Finsec and Regstreet are still not equivalent here. Finsec growth prospects are there if you want to be a homegrown partner because there is no salaried partner position. You can either be an equity partner or not a partner at all. That is tough to do by showing a good book as an SA3. Cash flow at Finsec, from all lower to higher levels is T1 level (per partner profit and per associate salary).

I think people here grossly misunderstood your post. That’s why the downvotes. The OP here wanted to to mean that the clat was unpredictably easy this year. That’s why the cutoffs will go roaringly high according to the OP (which was a bit of an exaggeration, another reason for downvotes). Therefore, people will zero prep will be in the same pedestal along with people who prepped hard. But LI being LI thought you are praising ailet over clat which wasn’t properly conveyed by you tho 😭

Firstly, how is this relevant to legally India or anything legal?

Anyway, I don't know about Hindi movies but this site is quite disproportionately dominated by RW Sanghis as well. Quite a stark contrast to my T1 NLU which is full of centrists and center left people, barring some actual communists.

In any exam where the candidates who get the highest marks are selected, it is irrelevant whether the paper was easy or hard since the candidates with the highest marks will be selected. Think of it like floating in water with rising or waning tide, what matters is who is floating on the water, not how high those persons are floating relative to the bottom of the sea floor.

I am 10+ years into the profession after graduating from a so-called "Tier 1" (oh! the cringe) college and, let me tell you, it doesn't make a fig of a difference which college you graduate from the moment you start working. What matters is whether you are hard working and competent and no college has a monopoly over both those matters.

Abbe kuch pata bhi hai? I have practiced for 1.5 years now and dont have this many Vakalatnamas as I practice under some other lawyer. Bakwaas kiye jaa rha. Law degree hai to license lene ka poora haq hai, even professors and corporate lawyers. Might not today, but as a law graduate I should always have access to practice in courts as I am qualified for it, spent 5 or 6 years just to tick the precondition of practicing.

If that is not enough then dont know what will be.

Thank You Everyone who have read my query and have replied. Thank for your valuable suggestions and advices. I am grateful to you all my learned online fellows.

From whatever little awareness that I have gathered through the Internet and especially from LI, I have decided that I will start focusing on Government Jobs Exams Preparation (Banking & Insurance) and will try my level best to get a job ASAP. And after few years in my job, will see if I want to continue or change my career and I may try the legal field at that time.

Signing Off.

It should be the exact opposite. It looks like the website has become a haven for RW trolls. Downvoting Archies because of their dislike of the English-speaking class and bigoted hate for SRK and Zoya Akhtar. Upvoting Animal because is promotes toxic misogyny and religious bigotry.

You need a law degree to practice in courts, not to work as a corp law associate at law firms. What you do under corp law is 'consultation', similar to what guys at Mckinsey, EY, PwC, just that you focus on legal matters of contracts. Unethical in some sense - but legal.

There are some partners at corp law firms who charge contingent fees as they have not enrolled in any bar council despite having a law degree, as that would restrict them from subjecting their fees to the outcome of a case.

Revanth Reddy has been sworn in as CM today. But more than him, I feel the law minister and Advocate General will play a more important role for NALSAR. We have to wait and see who the Congress appoints. I think the chances of an NLSIU alum becoming AG and a NALSAR alum becoming AAG are high.

Arey Bhai but kisiko nahi Banna judge to kyu kare prepare bhi, you're telling me someone who is interested in m&a or banking should still prepare and pass the judiciary even if they don't want to just because parents say so? Fir Puri life sad rahe admi ma baap ke unrealistic expectations ke liye?

I am currently in my 4th year of law school at NLUJ. So far I have 3 GenCorp internships (JSA Mum, Khaitan Blr, JSA Mum callback) but GenCorp work hasn't yet excited me yet and I'm thinking of switching to another area. I have several years of trading experience (mostly losses though) before I gave it up due to limited capital and ability to take losses. Now I'm headed to corporate law for the stability... but if I have to grind and toil for the next few years, I'd love to do so somewhere where I can get exposure to financial markets the art of fundraising - in a manner that might help my trading and/or perhaps pick up the skills and network required to get funding for a venture of my own someday.

I would be very grateful for some insight into how CapMarks, PE&VC and/or any other practice areas might be helpful in pursuing this. I understand the grind, and monotony, and clerical nature of work at lower levels etc., so looking for something more insightful than 'bro you won't have time, your mind will become mush, etc' - assume that's an externality I'll have to manage anyway.

To the 35 year old, were you in corporate law in a law firm ? If you were starting out would you join a smaller firm and then try and jump to a bigger T1 or start with a T1 firm itself ? Assuming you wanted to get really good training and knew the smaller firm would give you this training but weren’t sure whether a T1 would pick someone up later from a smaller firm because of not having a large T1 firm brand name?

I'm 35. Turned 35 in July. Have left the law for all practical purposes. I study the financial markets, work out and relax with dad, wife and son. I made investments which give me a monthly return of 2 lakhs per month. Its a regular life what my parents provided me. Didn't scale up but didn't turn insane either. Choose you poison.

Man, what should I say. I work at a T1 firm and have been wanting to shift to litigation. Looking at the numbers my friends make in litigation is what scares me. Sure, the numbers may outshine the paycheck I will draw after 10 years into my law firm career but there is no surety for that. I look at people who graduated in 2017 or 2016 to get an idea of what an above-average person would expect from litigation 6 - 7 years down the line and the situation does not look promising.

It is just a business where the consumers are reluctant to use the services (i.e., go to court). Above that, your legal skills are 20% of what will get you clients, and in my opinion, these skills are not that hard to master so after 2 years into an averagely focussed career, everyone operates on a level playing field in terms of legal skills.

While you may make it big and earn more from one day's worth of hearing what a PA earns in a month, the likelihood of the same is below 1%. I hope all my brothers in litigation shine and make it big one day to make me regret saying things I am writing here.

- Love

I don’t intend to sound rude but there was never any considerable difference between the top 5 NLUs under the consortium.

On a random Sunday, folks securing a rank between 1-480/500 are all the same to me. That’s how things should be. There have been countless examples where say a NLUJ student has proven to be much smarter than a NALSAR student. A difference of 2-3 scores will never bother a reasonable person.

Don’t think about the cut-off(s) too much my friend. My mentees told me that result will be declared on 10th December. Cut off should be estimated after the final answer key. This year the clat paper was annoyingly easy. This doesn’t always suggest the cut off will go sky high. Don’t worry. It depends on how people have performed.

The next best step for you is to prepare for AILET. AILET wants to test your IQ at all points, so try to practise puzzles as much as possible. AILET may seem difficult, but it’s your mindset that decides the scenario trust me. NLU Delhi is a very good place and I can personally state from my personal observations that quite a few folks from Nagarbhavi opt for NLU Delhi too. So prepare well. All the best!

Yes. If and when I want to make more, I can simply take up more assignments and get the requisite money. There is a dearth of talent in my practice area and it's always on demand. But, for now, I would like to enjoy my time on this blue rock. God has been very kind and I make much more than my monthly expense. That's sufficient for me.

Every other dude with no offers but AZB feels the same. Ridiculous top heavy firm with so much toxicity, back biting and predatory behaviour. We all know about the high and mighty partners and how they treat associates, harassing them to the point of quitting. And only one example got blown up, when there are endless more in every office. I pity every bright eyed fresher that has to join the hellish workplace of AZB. Fastest way to lose the shine in your eyes is to join AZB and gaslight yourself into thinking you're "learning" and "adjusting to the corporate culture".

Hi LI readers. The paper came really easy. It was so easy that people are predicting high cutoffs. The problem is that people who didn’t even prep for years would get a good score. A 86 plus score and that too out of 120 is considered good for a top 5. This honestly diluted the quality of clat students. I don’t see any difference between students of NLS, NALSAR, NLUJ and Nujs now. AILET is an option but that is way more difficult. With the unpredictability in mind, what should be other options?

The mods who have cracked clat like @LI, @Tier-1 NLU are requested to give feedback.

well technically what i meant is in past years, freshers were being hired without much issues and now people want candidates only with experience. Also, 2021 grads can show bogus experience of litigation or LPO etc and bag jobs coz at the end of the day they have some professional experience, howsoever unrelated.

Lol broke af JSA cannot afford Ashwath unless they free up half the total equity they have. The whole firm has like 2-3 rainmakers and a gravy train the length of India's coastline. JSA's bleeding EPs left right center as it is. Aarti and Malini both took sizeable teams with them.

Completely agree with the above, except for project financing. Project financings are some of the most complex financings involving a granular understanding of risk allocation principles and the project itself. However, PF by PSU banks (which is the bulk of financings) have bad pricing due to L1 bidding. However, multilateral agencies, foreign banks and other structured debt lenders (which have a selective panel) would give a good pricing and there is tremendous satisfaction in discussing the technical and regulatory issues around each type of project (which has its own nuances).

Great step. If you can't even file minimum 5 vakalatnamas, how do you justify your advocates licence? It's high time there's a clamp down on lawyers posing to be advocates without practicing in the courts.

Sure the guidelines must specify limits, as to years of practice and exemption should be given to people with only 2 years of practice as "newbies". However, if you've already been practicing for 2+ years, you should definitely have atleast 5 vakalatnamas by now.

I've seen people who haven't practiced in decades, professors, advisors, coaching institute teachers who are carrying an advocates licence and haven't ever stepped foot in the court. Outrageous.

Moreover if you're doing a PG or PhD, you shouldn't even be having an advocates licence since your aim doesn't seem to be to practice in court where the minimum requirement in a UG degree.

It means when people pull down, humiliate and degrade others or a specific person in public or private settings, mostly verbally, often disguised as a joke but the person is well aware that his joke will have significant impact on the others mental. Disguising the offensive statement as a joke is the most common use of it, Often seen in Big Boss, Bollywood movies, and group gatherings,

This is not about being a woke, its about annoying people who can't handle a conversation without degrading the other person while in a casual group discussion, many people have had a proper upbringing and decent mental strength and don't require to do this, however there is always one annoying prick who gets off from social masochism.

Now the solution can be give him a reply then and there and don't back down, coz these guys are actually the most insecure and cowardly bunch of all.

Nothing new. Some here (including YT influencers) today try to convince aspirants to join state NLUs over national institutions (those with INI status) on the pretext that national institutions are new and some state NLUs have a proven track record and alumni. LOL. One has to be naive or foolish to join a state university over a national university.

While accommodation is part of CTC, from a tax perspective, it’s treated as perquisite and as such taxed. It’s usually 15k to 18k per month for a dilapidated Jindal City or Tulip Grande housing. The actual rent varies between 7k to 12k.

These termite infested accommodations are horrible, there’s barely any electricity during summer months (mostly runs on generator and per unit electricity charge is a reasonable

amount of ₹20 ). If you want atleast one AC to run when the generator is on you need to pay an extra amount of ₹3000 per month for additional Kv).

Welcome to the realities of the high paying Jindal Global Law School.

Although, there are some highly paid foreign faculty like Shaun Star who literally operated from Australia and earned his fat pay check teaching in an online mode). There are some Indian faculty like Shiv Vishwanathan who gets paid well for his floating electives and non existent course manuals.

Of late, I have been seeing a lot of people, who were both working in firms as well as those who were interns enroll for an LLM at Jindal and now doing internships in the same firms in winter breaks. Some were even associates in T2 firms and now interning in t2 firms for the sake of interning. What kind of tomfoolery is this going on. Do ppl really have that much time and money to spare to go in circles like that?

I usually feel the urge to point it out and tell him why he's wrong in saying what he said/doing what he did. But then I realise that it's not my responsibility to "fix" his issues. It's his parents' and his wife's responsibility to point it out and make him realise what he's doing.

Plus considering the state of affairs, how many people will you go and fix/scream at? We sadly have to develop a mechanism where we try to stay calm to protect our peace