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By "Legal", I mean actually interpreting and applying the law.
Any other team other than capital markets?
Btw, a Tier 2 city is significantly better than a Tier 1 city in terms of quality of life and side geek enjoyment. Tier 1 cities are bullshit. It's a curse for this country that most of the development and jobs happen in Tier 1 cities.
Tier 1: Gaggar and Partners, SPN Legal, Acuity
However, remember that success in this field requires consistency, dedication, and years of hard work. In the beginning, don't stress about landing big corporate clients. Start with whatever cases come your way, no matter how small, and focus on delivering exceptional results for your clients.
Want to know a secret? Word of mouth is the best marketing in our profession. Today's small client could be tomorrow's corporate vice president, bringing significant business your way. That's the beauty of our profession: you build one connection at a time and grow alongside them.
Here are some fun anecdotes to inspire you:
- - A top corporate lawyer in India once assisted a dentist with his legal work.
- - A rising corporate litigator started by handling Section 138 notices for dishonored cheques.
- - A renowned senior counsel in the Supreme Court for tech matters once sought work from chefs at hotels, hoping to tap into their network.
Building a law firm is a fascinating journey with relatively low risk compared to other ventures. And as we step into an era where technology will revolutionize our profession, embracing and integrating tech into your practice from the outset will set you apart. Focus on future-proofing your practice, and don't get too caught up in what others are doing.
Lastly, a word of caution: joining a larger practice initially can offer rapid learning and invaluable mentorship. The early years are formative, and having guidance can shape your foundation as a lawyer. While big law firms might feel like a factory process, joining a smaller firm or working under a seasoned senior can provide a more personalized learning experience. Your first boss will significantly influence your approach, so choose wisely! 5 years with a senior lawyer who facilitates your growth and nurtures your ambition will go by in a blink of an eye!
Best of luck on your journey, and remember to always stay true to your vision and values. Remember, money is fleeting. Never compromise your integrity for more money. Shine bright my friend!
Here's a little secret that you'll come to realize as you progress in life: deep down, everyone feels insecure and anxious to some extent. The degree varies, but these feelings are a part of the human experience. It's how we address and manage them that makes the difference.
The legal profession, especially in a law firm setting, can indeed be demanding and might amplify feelings of anxiety. It's essential to recognize this and consider what's best for you at this stage. Your well-being, both mental and emotional, is paramount.
I strongly recommend looking into cognitive behavioral therapy (CBT). It's a practical approach that can help you address and manage anxious thoughts right from the outset. It's never too early or too late to seek support, and taking this step can be transformative. I would recommend that you find time for this given its importance as you start a new journey.
Remember, every challenge you face is an opportunity for growth. Believe in yourself, and know that you have the strength and resilience to navigate this journey. Remember the people who care for you will always be rooting for you so hold them close at all times!!
From the information available, it seems that the broader legal industry still has strides to make in terms of genuine inclusivity. While some firms may have outdated guidelines, it's crucial to remember that real change often starts from within. Indian law firms are not there yet. Do not make the mistake of falling for what they say at the threshold.
For the sake of your mental well-being and to ensure you can bring your authentic self to work every day, you might want to consider alternative careers or roles where inclusivity is more than just a buzzword. Another empowering option could be to pave the way for change by setting up India's first truly LGBTQ+friendly law firm. It's a bold step, but it could be a beacon of hope and change for many.
Whatever path you choose, remember that your identity is valid, and you deserve a workplace that respects and celebrates you for who you are.
Tier 1 - Singh and Associates, Pioneer Legal, Tatva Legal etc.
Tier 2 - LKS, Induslaw, DSK Legal etc.
Tier 3 - CAM, SAM, KCO
1. Leaving a Law Firm Early: While it's common for professionals to stay in a position for at least a year, your well-being and job satisfaction are paramount. If you genuinely feel that the role isn't a good fit, it's better to make a move sooner rather than later. However, when discussing your decision with future employers or colleagues, it's essential to frame it positively. Emphasize what you learned during your time there and how it influenced your subsequent decisions.
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3. Returning to Law: If your entrepreneurial venture doesn't pan out as expected and you decide to return to law, your experience as an entrepreneur can be a valuable asset. Running a business requires a myriad of skills, many of which are transferable and can be beneficial in a legal setting. It's all about how you present and leverage that experience. Remember, many successful individuals have faced setbacks or taken unconventional paths. What's crucial is resilience and the ability to adapt and grow from experiences.
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5. Transferable Skills and Job Search: Your legal background has equipped you with numerous transferable skills like analytical thinking, attention to detail, and effective communication. When looking for jobs outside the legal realm, focus on these skills and how they can be applied in different industries. Platforms like LinkedIn allow you to search for roles based on skills, which can open doors to positions you might not have considered.
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7. The Value of Entrepreneurship: Embarking on an entrepreneurial journey is a commendable decision. It not only allows you to be your own boss but also provides a platform to innovate, create, and make a direct impact. The skills you'll gain—like business strategy, networking, and risk assessment—are invaluable and can enhance your professional profile, whether you return to law or explore other sectors. It is ultimately something in which you will always fail upwards.
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9. Things to Consider Before Making the Move:
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- Financial Stability: Ensure you have a financial safety net before venturing into entrepreneurship. It might take time before your setup becomes profitable.
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- Skill Set: While passion is vital, having the necessary skills or being willing to learn them is equally important. Consider taking courses or seeking mentorship in areas you're less familiar with.
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- Market Research: Before starting, research the market to understand the demand for your product/service and identify your target audience.
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- Networking: Connect with other entrepreneurs or join entrepreneurial communities. They can provide invaluable insights, support, and potential collaboration opportunities.
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Lastly, remember that every career move, whether lateral, forward, or even seemingly backward, adds to your life's tapestry. It's the skills you acquire, the people you meet, and the lessons you learn that shape your professional journey. Whatever you decide, I wish you the best of luck and success in your endeavours!
CAM, SAM, AZB, Trilegal, KCO, Luthra, JSA (all in the same tier).
I think Luthra is in jeopardy of being demoted.
"This is a generation which is profoundly anti-racist, anti-sexist, anti-homophobic, anti-xenophobic, and anti–religious bigotry. It is a generation of tolerance and decency. And that is no small thing. And that generation should be very proud of who they are."
https://www.teenvogue.com/story/bernie-sander-gen-z-generation-tolerance-decency-aoc-2020-revolution-interview
So will Gen Z make better law firm bosses and chamber seniors? Will they be kinder than the current lot and not bully employees, or give them excessive workloads, or underpay them, or promote nepotism? Similarly, will they make more compassionate VCs and professors than the present lot? The present VCs and professors are truly heartless: hiking fees, not giving attendance exemptions for legitimate reasons, giving low grades etc.
Now, we are talking about 25-30 years down the line. Will Gen Z become just as mean and regressive as Boomers/Gen X/Gen Y when they become old?
True story. I tried this and I got a job without having a degree. But then again, I have eidetic memory.
Amongst these Cam, Sam, Azb are big 3
I mean sure, you're biased but atleast show a bit of respect to the chair you occupy.
"Or is it that you sold your concise to get your daughter in IAS? She did after all qualify UPSC in first attempt and got IAS after being in reserve list"
Its often only an issue if you want people to participate in your stuff in some way.
That degree buys you the red carpet treatment- because- newsflash- its hard to actually get in and do that stuff. whatever his less successful classmates may say. Contacts or no- hes built something you and people who hate on him could never.
The truth is much more complicated than platitudes. 87% of the rural respondents to their survey approved of linking aadhar to the delivery of welfare services. something like 83% of respondents opened bank accounts using either paper aadhar or ekyc. only 0.8% to 2.2% of PDS beneficiaries were excluded because of aadhar and that number is actually likely to go down as enrollment gets better. this is the last year the study was conducted in- for all we know in 2023 the situation might be significantly better. Are things perfect? no. There were in 2018 significantly more errors in aadhar data than in voter ID. but thats stuff that can be fixed without throwing the baby out with the bathwater.
This is financial inclusion of poor people. Despite what your woke theory folks told you the real world is much more complicated. Every piece ive read on how aadhar will be terrible and invade privacy and lead to surveillance has been written from a purely theoretical stand point. Where are the complaints and the writ petitions and cases that are flowing from all this unlawful surveillance?
Policy stuff is complicated- its easy to follow a dogmatic talking point rather than actually following the evidence. This is the kind of stuff vidhi is trying to build capacity in. Not twitter catchphrases.
[Fact check: NLS pays 7th CPC salaries, just like all other NLUs]
NLS is a government run university, the ROI for its students has been fairly good. If the worst thing you might have to do after graduating is work in a law firm for a year to pay off a loan- thats not actually unreasonable. You dont have to stick with corp law after that. Add to that there are scholarships and loan interest rates are quite low for educational loans. Its just not comparable.
https://indianexpress.com/article/cities/delhi/du-5-year-law-course-clat-current-academic-year-hc-8945733/lite/
https://www.livelaw.in/amp/high-court/delhi-high-court/delhi-high-court-ugc-clat-score-llb-admissions-du-delhi-university-cuet-237632
You can’t just tell people to “ do your research” when you fail to do the same . You’re making an argument - have the courage to either back it up with evidence or admit you’re parroting some talking point based in no empirical evidence.
There's nothing to research in tax laws.
Either you pay taxes to government or pay to officers.
Sahi hi hoga na...
Dont waste 5 years of your life in a T3 NLU in some remote area with a campus that is still under construction to accommodate basic amenities. Not to forget the quality of faculty in these T3 NLUs.
Chirag Kamdar
Aseem Naphade
Abhinav Chandrachud
Kunal Dwarkadas
Pulkit Sharma
Save your own sinking boat and then we will talk. Also I like that the post is not using the word back-stabbers for B&S for what they did to RKL.
Could a litigating lawyer/disputes lawyer please elaborate on how the practice differs in these two places, and if it is influenced by the culture of the place?
Also, should someone wanting to work in Mumbai also get some disputes experience in Delhi just to have a more wholesome perspective?
@Mods do I have to register or something so others can’t use this name?
So what needs to be done and can Sudhir do it? The first step is attracting good faculty who will publish in good journals. That has been done to a great extent, but some of the deadwood TLC faculty still needs to be weeded out. Another step is attracting international faculty and students, which he is also working towards. But what else? What distinguishes the Top 5 above from NLSIU? is it just money and fancy buildings? Or something else?
2. But that will take away your precious AILET scam money, so you will never do that anyway.
3. UT Infection sounds about right.
The problem with edgy losers like you is that you don't really think through the garbage you consume.
@kian, can you explain why the comment i am replying to is not marked trollish?
Having said that, while due diligence is essential and forms the backbone of many transactions, it shouldn't be viewed as a standalone activity. As you mentioned, associates often begin their careers immersed in due diligence, but it's crucial to see it as just one facet of a larger process, rather than the endgame.
Rather than simply viewing it as a task to perform, young lawyers can leverage the DD process to gain an edge in the broader context of a transaction. For instance, by being meticulous and thorough in your DD, you set the stage for other important roles in the transaction. When you've done a stellar job in due diligence, you're in an optimal position to contribute to the drafting of transaction documents and to provide critical insights during negotiations.
Imagine presenting a meticulously prepared schedule of potential concerns to be addressed in the transaction documents. Not only does this underscore the depth of your understanding but also showcases proactive thinking and foresight. You could even go a step further by outlining potential negotiation points based on your DD findings. By doing this, you're providing invaluable information to the negotiation team, showing them potential positions they might take.
The goal for any young associate should be to make themselves indispensable to the transaction, adding value at every stage and not just limiting themselves to the due diligence phase. Yes, you start with due diligence. It's your proving ground. But if you can display competence, insight, and initiative during this phase, you'll quickly find yourself contributing to other aspects of the deal, including transaction documents, negotiations, and strategy discussions.
Your point about mentorship is also crucial. Having the right guidance can drastically change one's perspective on due diligence. Instead of being a daunting task, it can become a challenge, an investigation, a puzzle waiting to be solved.
In conclusion, consider these summarized takeaways:
- 1) Beyond DD: While due diligence is foundational, it's just one facet of the transactional process. Think bigger!
- 2) From DD to Drafting: A thorough DD can position you to contribute significantly to transaction document drafting.
- 3) Proactive Insights: Present a schedule of potential concerns based on DD findings to guide the transaction documents.
- 4) Negotiation Advantage: Outline potential negotiation points, giving your team an edge in discussions.
- 5) Indispensable Asset: Aim to be indispensable by adding value at every transactional stage, not just during due diligence.
- 6) Mentorship Matters: The right guidance can transform DD from a daunting task to an exciting challenge.
- 7) Career Launchpad: Use due diligence as a springboard to delve deeper into the broader aspects of transactions and establish your reputation in the legal world.
All the best! Ace your next DD and move up the ladder. That will be a killer move!
1. Work culture
2. Pay
3. Growth aspects
4. Internship and PPO policies
Now that I am exploring other options in the legal profession, I realised that there is no pay for the work and even if you grab some paid opportunity, the pay is pathetically less. It's difficult to meet your sustenance needs with such a pay. Also, the level of work seems to be on par (or even more) than corp law.
The world is cruel. We say that capitalism wreaks havoc by distorting the distribution of resources in favour of 'haves'. But the same capitalism has become a web/trap which doesn't let you come out of its fangs.
If this system is here to stay, then what should be an approach of a normal person. Should he/she blend in? Becoming a corp slave the only option?
Tier 1s - Only trilegal. Very professional, no phone calls on the weekends (unlike lala firms) and good pay