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I know counter arguments to this will be "there are 100 others who want your job" but given the small law school crowd, quality really is in short supply. You wouldn't want your next generation of partners to comprise of people who are there because you couldn't find anyone else.
Post the pandemic, even managing partners have started warning partners to treat their associates better and at least started namesake well-being policies (Khaitan and CAM from LI posts). Now certainly these managing partners are not doing it out of a kind bleeding charitable heart. They are doing it because the cost for finding replacements in increasing exponentially as multiple associates even at senior levels are quitting due to burnout.
This may be a good leverage for associates to use to ensure better working environment and switch-off conditions.
The pandemic has really reduced the desirability quotient of a law firm job. No one is ready to sacrifice all their waking hours and health when they know they can die anytime due to COVID. Honestly, it shouldn't have to be that way. You're drafting templated documents, not fighting some war - you shouldn't have to risks your life, health and family for any job!
Associates have multiple options including Litigation and PCSJ. But where do SA's and Pa's actually go to?
If it's to another Tier 1 firm, it doesn't make any sense as almost firms expect you to put in equal amount of hours.
Our resignation doesn't mean anything (cost of replacement is there) for the firm, they may even keep long bonds in the future and maybe withhold bonuses to be paid only after completion of 3 to 4 years. Law Firms are inherently stressful jobs- not just in India- across the world (Tell about any country where a big law associate doesn't put in atlest 12 hours a day ?), that's why many of your talented (probably more than you) peers gave Judiciary or went into Academia or non-law.
Where is everyone who is resigning going to? Another Tier 1 or 2 firm with even much horrible working hours. Only when Partners or SA's resign it makes any difference. When an A0 or even up to A2 resigns, there are thousand law students willing to replace them at any time.
Even when an A2 to A5 resigns, there are thousands (at least hundreds) of Tier 3 or 4 and Commercial Chambers Associates willing to replace us. You might have seen a lot of folks from Tier 3 or smaller firms joining Tier 1 firms these days, they are desperate just to be there.
Unless you are a person who can thrive under extreme pressure. You are not the right fit for a law firms. Law Firms know that atleast 50% resigns that's why they mass recruits associate.
It's not as bad as posted in Legally India. As LI had transformed itself from a legal journalism platform to a law firm associate Cribbing and Whining platform (easy way to get more page engagements for LI with bare minimum moderation)
If you read LI you will feel as if all law firms are going to collapse. It's a joke.
Firms in Western Countries give a reduced working hour option to woman lawyers who wants to have babies or families. But they have to take a 50% pay cut. And many take that option for sanity.
Like that if you are an A0 making 13LPA. If you want to get reduced working hours you should be willing to take a 50% pay cut. Law Firms are not charitable establishments for self entitled kids to crib that they should get X amount of money to get a huge pay.
"Small Law Firm Crowd"
You are not in 2005's anymore. There are atleast 22 + NLU's and 30 + Private Law Schools where there are thousands of kids who are as capable as a Top 6 NLU. Your CLAT Score doesn't make you any better. Some of these TLC and Private Law School kids missed Top 6 NLU's for various reasons.
There are private law schools where batch sizes are super huge. Every year atleast there will be 5000 kids who aspire to get into law firms. Be thankful that you atleast have a job.
It's so easy to keep worrying about earning less money in another field. But when you think of it in terms of the hours and days you have on this planet, time is far more a precious commodity than money. Once you realise that you realise you're earning to live, not living to earn.
Thank you, my friend!
Reviving this thread so you know you are not the only one facing the pressure