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So a better question would be "what is the pay for 6 years and 7 years PQE respectively at these firms? Hope people can contribute and answer this.
If yes, then do the 6 year PQE people at SAM (who are still SAs) get similar/comparable comp to other firm people (who’ve become PA/MA)?
KCO Delhi - 55
SAM Delhi/Mumbai - 55
Trilegal - 60
Luthra - 45
CAM - 45
Just if you could qualify this with how sure you are about these numbers. I mean - are they hearsay or you heard from reliable sources.
Also, if there is any indication on AZB pls (AZB does not have PA designation..so if you could share details of SAs at AZB who are equivalent to PA at the above firms)
PA 2 - 55
Salary was 42L fixed plus variable which is between 7 to 14L depending on work performances, client satisfaction and other such goals.
Hope this is useful for anyone who is looking out for the info.
I do know for sure that other firms such as KCO, CAM/SAM, Trilegal, etc. get marginally more in bonuses but that depends on the deals cracked by laterals.
PA in an average team : 50
SAs in profitable team: 35-40 (including super performer bonus)
CAM - SA 1 (7-8 lacs variable + 24/ 25 lacs fixed)
KCo - SA 1 (10-15 lacs variable + 26 lacs fixed)
S&R - SA 1 (Variable is dependent on performance + 26 lacs fixed)
Trilegal - SA 1 (10- 12 lacs variable + 24 lacs fixed)
JSA - (SA 1 - Total fixed + variable 30-36 lacs)
AZB (Variable is dependent on performance + 26 lacs fixed)
Fixed Salary is 2.8 lacs per month = 33.6 lakhs
In a good team the PA will bill around 2.5 Cr to 3 Cr annually. Taking base as 2.5 Cr the 10% commission will be around = 25 lakh
The Bonus is at 12 Lakhs. Assuming you have billed 2.5 Cr, the PA will definitely get full bonus.
Total = 33.6 + 25 + 12 = 70.6 lakh. This is assuming 2.5 Cr billing. Some PA's bill more than 3 Cr as well.
I an average team the billing will be around 1 Cr to 1.5 Cr. Assuming at 1Cr billing then 10% commission will be around 10 Lakhs. Therefore, under an average team the PA will be earning around 33.6 + 10 + 10 = 53.6 Lakhs.
Hpe this gives perspective. As it all depends on your billings.
For billing 3 crores, PA would have to work about 3000 hours / year. That's 8.2 hours every days for 365 days. If we assume 250 official working days a year, that's 12 hours / day every day for 250 days.
Kids, don't merely look at the 80 lakhs figure, that life is not easy.