I'm interested in knowing that if I excel in my profession and be at the apex of it, would I be able to afford extravagances like buying sports cars or living a lavish life? Obviously I'm not talking about careers in Judiciary or Academia.
What I have seen, it’s usually the senior advocates practising at high court and Supreme Court having such lifestyle. Mind you they are probably 10% of the profession.
The top senior in Del/Mumbai can buy more than one lambo. Infact, they can easily buy a lambo every month and still will have lots of money left to buy properties everywhere.
If you become a senior advocate with a good practice. You can. At a law firm, maybe try either creating one or moving to one in the us. Even there you’ll have to become a equity partner and then you can.
MP of a NOIDA law firm used to own a ferrari, one 7-series and many more such toys! Unfortunately, the partners and associates were extremely poor as they had to remain unpaid for several months!
A Lamborghini is peanuts for a Big 7 partner, especially if married to another Big 7 partner. But as Indian roads are not conducive to sports cars most people settle for a premium Sedan instead (for 80 lakhs or so) and spend the difference of 2 cr on buying property, luxury watches, foreign holidays, club memberships etc.
How is it peanuts? Or do you mean for a senior equity partner? What is the salary range of an equity partner which enables him/ her to buy this. Because it has to be a lot to buy a 4cr car.
the thing is that such opulence in Indian legal circles, or in any circles in India at all, is not appreciated
You don't want to paint a target on your back - socially, politically, economically
Merc, Audi - ok
porche, ferrari, lambo - not ok
Only builders or children of second gen industrialists buy such cars
In India ? Nah
Besides what's the point owning a lambo in India