Maybe they've revised their pay scales. Their recent LinkedIn post says they pay 24-30 lpa (plus upto 10 lpa bonus) for associates with 4-6 years of experience. The 15 lpa for freshers I think is based on the pre-placement livestream they did on Youtube last year.

According to that LinkedIn post, they are looking for lawyers with 4-6 years of experience. Maybe you should apply again an call their bluff (if it indeed is) :P

I don't have so much time to waste on a firm like this. There are better options. Also what I heard was that the figure was 24-27 not 30 as you claim and bonus is discretionary which can also be 0. An associate from a top tier earns much more than this and definitely a senior associate the range for 4-6 being 26-38 lakhs with some guarantee of bonus. Why would someone work here for much lesser pay let alone waste time on bluffs. Also heard work atmosphere is not good and there are people who have left in few months after joining

So did you have placement talk from only 1 law firm? And you didn't join them for such "high salaries"? If everything is anonymous here you might as well have voluntarily disclosed salaries at your own law firm and others that came for pre placement talk. Why single out this firm and salaries as if they paid you to post this? Or is this the only firm that came for ppt? You would also have peers right whose salaries you could say and help this guy who posted along with pay in your own law firm?

I've heard that the firm officially has all Saturdays working, and most Sundays as well. Plus the work hours are just as long as tier 1 firms. Better take your chances with the known devils than with an 'up and coming' firm which has been around for 15 years and seen its partnership go down from 5 to 2 in the last 3 years.

And how many fresh hires has it hired since this pay scale was announced, or even in the last 3-4 years? A quick look at their linkedin says it is zero. The pay for a position for which you do not hire at all can be anything you want it to be.

Anyway, the firm seems to have only one practice area which is private equity. PE/VC deals have been at a high since the last 1-2 years, which could explain the high pay scales. In a year or two when these deals slow down, as the firm doesn't seem to have other practice areas, expect drastic pay cuts or downsizing. And A1s and A2s are the easiest ones to replace, by simply hiring new freshers at 40-60% lower pay. I (along with some others) had fallen in a similar trap with another 'high paying boutique' firm a few years ago. We're all back on our feet and doing well now, but we all could have avoided some miserable time if we were more careful. Just putting this out there in case the younger ones find this useful. I don't want to sound preachy, but if you are thinking of starting at a tier 1 firm, it would be better if you do it for the better work quality and work culture than for high pay.

P.S. I haven't worked on any transaction with the firm, and haven't heard much of it. The above comment was simply based on a look at its LinkedIn page. The firm seems really small by boutique standards as well. Some 15 fee earners. Or maybe it could be that most of them do not use LinkedIn.

P.P.S. A couple of associates have left the firm for AZB (which is generally considered to have a bad culture). The reason could be anything, maybe the pay at lexygen was low, the culture of AZB isn't that bad when compared to lexygen, or maybe they were just chasing the bigger names.

Hi, thanks for this! Any idea about the other mid-size firms like Argus, Tatva Legal, Samvad (is the earlier comment saying 13 lpa indeed true?), Ikigai, Induslaw, Platinum breakaways Touchstone and Quillon, Jerome Merchant, DMD, Phoenix Legal, Veritas and Stratage?

DSK and Pioneer both pay around 9 lpa. Bharucha and Acuity Law are in the same range of 9-10 lpa. Rajani pays around 6-7 lpa.

DSK and Rajani have great work hours. Most days end at around 7-8 PM.

Hey, Spice Route Legal has this fancy term for an assessment internship called training contract lol. This is a 6 month period where you work for free but you work like an associate. Expect your workday to be corporate law standards but without a rider of any pay for that period.

If you then survive this free deliverable insanity, you get to be an associate at the firm. Pays you 50k per month. So that’s like 6L pa. WfH as of now. Don’t know if they’ll let you WfH forever. Further, 2L is the joining bonus which is paid after 2 years of appointment. Lol whatte joke.

Ps. A friend works there. Isn’t that happy tbh. Work timings are insane.

People should stop saying SRL pays 6 lpa. It's 6 lakhs for 1.5 years technically (including the 6 month training period), which makes it 33k per month, which is about 4 lpa. Plus, the training contract is not even an internship, as they are offering those contracts to final year law students in April/May, which makes the trainee a qualified lawyer within a month or two into the training.

Also, their SA/PA-level pay scale is quite misleading as they hardly have any SA/PA level attorneys. So they can literally get away with saying that their SA/PA level pay is 1 Cr p.a.