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In my personal experience, while getting an internship may be based on your college/contacts, none of that plays a role when it comes to your assessments. At KCo, it all gets down to how many people have recommended you on the basis of your work, and how well you do the subsequent interview.
Infact , he might as well be the OP
Regarding F&M, they are willing to match up with KCO bands to attract talent. While most of the work around these places are in the banking and finance space, and litigation heavy, F&M seems to be eyeing to become a force in the corporate space and have since merged with another law firm to have their expertise in board. However, to my understanding, the corporate team is more focused out of Delhi than Kolkata. Aquilaw is another firm that is gunning to get a bigger share of clients within the city as well.
An objective ranking of Kolkata law firms would be:
1. SAM (the Kolkata office has really good pay when you look at it from Kolkata's POV and add really good work life balance to it. Please do consider that the SAM brand is however, not as significant here because its a small satellite team.
2. KCO. Pays well. Some toxic teams, but some great teams as well, leaning heavier on the latter side. Work is Gen Corp and Banking and Finance, coupled with some serious disputes.
3. Argus. Really good corporate practice. Is heavily overworked because the team us scanty but they do some really good work.
4. F&M. Biased here. One of the more heritage firms of Kolkata. But they do have pay disparity based on your college/last salary drawn so please be mindful of that.
5. Aquilaw. Pays north of 8L after they revamped their offices and tried focusing on their brand image in a more aggressive manner. Expect A LOT of real estate work.
6. Ashlar Law. Kolkata based firm that has somehow managed to gain some limelight owing to their aggressive foray into the M&A space. Pay is meagre 4 LPA at the fresher level and people generally use this firm as a stepping stone for greener pastures within the city, if such a pasture exists.
6. Citadel Law. Ex-founder of Argus, a favourite of tea estates. Small firm but a good mentor. Though I doubt that the package would be anything very lucrative.
Expect Fox Mandal to try matching salaries as well. Also I am not sure what your career goals are, but maybe also look into ITC and HUL. They have offices in Kolkata and hire. Also, do look into Rashmi Metalliks. They were looking to hire as well.
Best wishes whoever you are Sire/Ma'am/however you identify yourselves.
8 have left
1 at the Janmabhoomi office is planning to send the resignation email
111 A0s got job offers
107 joined finally
7 left
100 are still there
50 are frustrated to the length that they will drop out in the next 1-2 years
We recently had a client call where they sent us an insurance agreement five minutes before the call. I had Claude summarise it, and also pick out key reporting requirements under the agreement. Client was thoroughly impressed that we were so familiar with a document that was sent to us mere minutes ago. After the call I manually checked to see if there were any mistakes and there were none. The AI managed to review the contract at an A1-A2 level. It's gamechanging.
If I were you, I would probably look to set up an informal conversation with someone working there to get a more realistic sense of pay, vacancies etc.
You're tossing around "amazing" to describe Mediation, but let me break down the bills my client's racked up for these sessions, along with the barrage of texts, emails, and calls to the mediator's juniors – most of which have been met with crickets or frustrating delays. All that, and we've got zilch to show for it, with a mediator who shows up to the party clueless about the case every single time 🤷♂️ I'm left wondering, with all the inputs I've handed over (and my opposing counsel too), how can you stroll in so unprepared? And what's the deal with having a whole army of junior attorneys if they can't get you up to speed?
And let's get one thing straight – in this game, there's no room for "strong practitioners," just the one who comes out on top. Mediation is the final frontier for settlements, and that means mediators hold some serious sway over the outcome. They should be giving both sides' lawyers a fair shake, not playing favorites based on who's promising more referrals.
And therefore, for all these reasons, I give this mediator an F Grade. The juniors I interacted with were wasting their time. They have no interest in the work they are meant to do or the law.
After a major lapse in the implementation of the 75% attendance policy last semester, BCI has given a warning to GNLU to immediately ensure compliance. As an outcome, many students names were withheld from giving regular examinations. Infact one prominent core SAC member was asked to leave the exam in the middle since he chose to sit for the exam without clearing the attendance.
But what we saw later is that while this norm made it difficult for physically disabled students and students with genuine causes, the backdoor approval continued to allow some final year students such as the Convenor of a major committee to clear their names by speaking to the management. This is a gross abuse of power that needs to be checked.
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"LLM in constitutional law or international trade law? I'm a law grad, who isn't all that keen on working in litigation as of now. If one has to choose between constitutional law and international trade law, which would be better for LLM with more/better career prospects? My understanding is that consti will lead to only litigation/academia, while int trade law might lead to academia/corp job, I'm more interested in latter. Also, I feel like consti is exhausted so to speak, while int trade seems like a subject that's only going to expand with time. Tho I'm confused how exactly the reality of both these in terms of career opportunities is. Lawyers of India please help me make a decision. Thank you so much."
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May partner .....
Rumour is that trilegal has something inhouse in development
https://6pumpcourt.co.uk/barrister/sudipto-sarkar/
On fees, there's a petition challenging the exorbitant amounts being charged by bar councils: https://www.livelaw.in/top-stories/supreme-court-enrolment-fees-charged-by-state-bar-councils-bci-transfer-petition-232979 You can try filing an intervention challenging AIBE fees also.
Hence the saga of exploittaion starts
https://twitter.com/RenuWBhatia1/status/1721419302770037014
Isme kuch nhi rkhaa
Books
1. Securities Regulation: A Primary Market Offerings (1st Ed.) By Anil Chaudhary, Rajnesh Deka.
2. Fraud, Manipulation & Insider Trading in the Indian Securities Market By Sandeep Parekh.
3. Regulatory Mechanism for the Capital Market in India By Abhishek Mishra.
4. Agrawal & Baby on SEBI Act: A Legal Commentary on Securities Exchange Board of India Act, 1992 By Sumit Agrawal and Robin Joseph Baby.
5. Securities Laws & Capital Markets, ICSI Module, CS Executive Programme By Institute of Company Secretaries of India (ICSI).
6. Handbook on Securities Laws, By Gaurav N Pingle
Newspapers
1. Financial Express
2. Business Standard
3. Economic Times
4. Moneycontrol Pro
5. TheCapTable
Journals & Blogs
1. The Indian Review of Corporate & Commercial Laws
2. Centre for Business & Financial Laws, NLU-D.
3. Centre for Business & Commercial Laws, NLIU Bhopal
4. India Corp Law
5. Indian Journal of Research in Capital Markets
6. Journal on Corporate Law & Commercial Regulations
Magazines
1. SEBI & Corporate Laws: An Insolvency & Company Law Fortnightly: Taxmann
2. Corporate Professionals Today
Certifications
1. NISM Series I: Currency Derivatives Certification Examination
2. NISM Series II A: Registrars and Transfer Agents (Corporate) Certification Examination
3. NISM Series II B: Registrars and Transfer Agents (Mutual Fund) Certification Examination
4. NISM Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination
5. NISM Series IV: Interest Rates Derivatives Certification Examination
6. NISM Series V A: Mutual Fund Distributors Certification Examination
7. NISM-Series V-B: Mutual Fund Foundation Certification Examination
8. NISM Series VI: Depository Operations Certification Examination
9. NISM Series VII: Securities Operations and Risk Management Certification Examination
10. NISM-Series-VIII: Equity Derivatives Certification Examination
11. NISM Series-IX: Merchant Banking Certification Examination
12. NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination
13. NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination
14. NISM Series-XII: Securities Markets Foundation Certification Examination
15. NISM Series-XIII: Common Derivatives Certification Examination
16. NISM Series-XV: Research Analyst Certification Examination
17. NISM-Series-XVI: Commodity Derivatives Certification Examination
18. NISM-Series-XVII: Retirement Adviser Certification Examination
19. NISM-Series-XVIII: Financial Education Certification Examination
20. NISM Series XIX-A: Alternative Investment Funds (Category I and II) Distributors
21. NISM-Series-XIX-B: Alternative Investment Funds (Category III) Distributors
22. NISM-Series-XX-Taxation in Securities Markets
23. NISM Series XXI-A: Portfolio Management Services (PMS) Distributors
24. NISM Series XXI-B: Portfolio Managers
25. NISM Series XXII: Fixed Income Securities
26. NISM-Series-XXIII: Social Auditors
Law Firm Publications
1. Amit Desai & Co.: Knowledge -> Newsletter
2. Cyril Amarchand Mangaldas: India Corporate Law
3. Vinod Kothari Consultants
a. Resources- Financial Services
b. Resources- Capital Markets
c. Resources- Corporate Laws
4. Trilegal: Knowledge Repository -> Advanced Search: Capital Markets, Financial Regulatory
5. NDA Hotline
a. Capital Markets Hotline
b. Regulatory Hotline
c. Regulatory Digest
d. Companies Act Series
e. Corpsec Hotline
So overall I think if you place the numbers in context and look at selection ratio instead of overall numbers, you’ll see a different picture.
Rajesh Yadav
The 'Colonial Constitution' is weird. Yes, the structure of our constitution (and consequently the original framework of government institutions) is based on an English law rendition of a nation - however, that is essentially sweeping out all the work done during the constituent assembly debates and the court cases post independence. Yes - it sounds cool to 'move fast and break stuff' - but there is a reason why this book is the grundnorm (and is permitted to be amended / scope expanded through case law).
I mean - kitaab bechna hai toh sahi hai - but please don't dress this up as some college is better than whatever.
Apologies for the delay.
2. Works with huge firms with huge teams with huge work load within small timelines- Huge attrition and more contact based stuff
3.Fixed fee mandates
4. Cyclical
See the problem with this is enforcement. Enforcement comes from courts- then the executive who does 100% of the work. Until procedures and rules of ADR are enforced in a timely manner like say that in the UK or some states of the States, Indian ADR procedures will suffer.
People would say one of them will get postponed. What are the chances?
Also both examinations have staggering amount as examination fees. Rs. 3500 and 4000. Fees hi dete raho bas. Pehle State bar council ko 15k+. Fir inko itna paisa chahiye. Kya hai yeh.
Some exits (forced or otherwise) is a part of the process. Let's wait and watch..
So, I noticed my last post got identified as 'Trollish' and got the boot from your forum. Here's the thing...I am just a laid-back scribe, tossing out tales that might echo a bit of real-life zaniness. I believe that this life is a kaleidoscope of the absurd and our journey through this spatiotemporal shindig is a full-blown circus. The only sweetener in our over-steeped tea of existence is the sweet company of our fellow lost souls, a beacon of light in this great void.
Thus, I am bewildered that you choose to muzzle such expressions simply because they ruffle the delicate feathers of your sensibilities. That's a bit much, don't you think? Censorship seems a touch too draconian for our shared experience of absurdity.
Down with the Censorship!!
Finished LLM in IPR after 5 months apprenticeship at a pharma company and then secured PPO at a similar chemicals industry in-house team. So do an LLM in a specialization to boost your existing marketable skills. Otherwise MBA is always a good option.
Rajeev Chandrasekhar is Minister of State for IT
1. Expected salary (A0)
2. work culture
3. type of work in projects and infra
As stated above, I dont like the culture here either, its hard enough as it is for me to maintain my position in the firm, but the added load to get the A0s-A1s perform; that is not manageable. I have to get harsh even when I dont want to.
My partner is not a good guy. He still ridicules me if I am not able to extract enough output from the team, and whenever the team bungles up, its my ass. I dont let my A0s get exposed to the wrath of my partner, but I have limited time and resources. I would love to hand hold, but not able to.
Its overall terrible, but going by the amount of downvotes, I dont think most people understand the hell us middle management guys go through. Being FORCED to do terrible things that I would never do IRL.
This industry sucks and it needs reforms. Maybe when (if) I become a partner, I will change things, but I am tied and I cant do much.
I am constrained because of the pressure that I face from the partner/clients. I have found people who have fit very well with the team, but most of them break because of the unreasonable expectations that law firms in general have.
https://www.news18.com/movies/amitabh-bachchan-demands-legal-action-after-rashmika-mandannas-morphed-video-goes-viral-8650119.html
Natrajqn Arjun