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Further, is the work balance better in the firms abroad or is it the same. Thanks.
The only Markets you can go - Singapore, London, NY (additional LLM) has insane working hours. The firms there are well run and more professional, but working hours are same if not more.
Even the places with the lowest working hours per week (France - 35 hrs, Germany - 40 hrs) Corporate Lawyers and Management Consultants work more than 65 + an average week.
If you want wlb, then either change the industry or go in - house.
What I am not sure of though, is whether the partners there are sensitive about giving time off to their associates after such exhausting deals close. My sense is that the US firms are worse on this front - leaner teams mean that each associate would get lesser down time. Probably your magic circle teams are better. While our Indian lala firms are obviously shite, my rose tinted perception of gora firms being some paragon of virtue and work life balance has definitely been shattered over time.
The money discussion is also important. A PQE 5/6 in London making 140k GBP probably saves lesser in hard cash than a PA/ MA in Mumbai Tier I. So what's the point?
Also, IMO, being treated like an adult who provides their services in exchange for compensation is PRICELESS, which was not my experience working at Indian firms. Hated being treated like a kid. Both firms I worked at had inane policies like half day for coming in late or email if you're going to be more than 15 mins late. Ridiculous. If the works getting done and the client is happy, there's no reason to police your attorneys.
Money wise also, its only in the US or in plum jobs in Dubai where you will feel a difference, for countries like UK/Singapore, given the salaries and after taxes, you are pretty much in the same position as India. Packages with variables included that you read about online are for the leading lawyers in big law firms, it takes time for an Indian lawyer who's been working in India for 5 years to see those numbers personally, so it's better to be realistic. It will happen of course if you stick to it, it's just not immediate.
Capital markets however is one of the best sectors to be in if you want a job abroad. Firms like Taylor Root etc are regularly hiring for these positions in places like Singapore/UK, some of which you can get from India directly after being persistent with them and having some foreign qualification, so you can try that approach from India as well.
If you want to work in a company abroad, many of the above things will change, but then the money will be lesser too.
I think the reasons to move abroad should be based on better lifestyle, infrastructure and such things, many of these big law firms also have great policies, so things like sabbatical, maternity leave etc are easier to manage. They are also much better managed and expect less subservience compared to Indian firms.
So you need to think if these benefits work for you, talk to more people who work in these sectors to get a better idea.