Word on the street is that these numbers are merely indicative and not completely accurate. The bonuses are shown as highly inflated and it's almost impossible to achieve set targets, so nobody gets the full payout. What's also interesting are the huge differences in pay bands between levels. Can anyone from SRL confirm this, please?
Also, earlier threads on LI suggest that it isn't the best place to work either.
A significant part of the number you see is likely part of the variable pay and not the fixed income. Which means it's linked to performance targets - which as mentioned above is ridiculously difficult, so you are almost guaranteed to not get a 100% payout. Therefore these numbers are inflated - they don't portray an accurate picture of what you can realistically earn at the firm.
Also, their post claims that aggregate bonus levels for SA's is 100% for CY21. Two points here:
1. Aggregate means that maybe one SA got a massive payout while the others most likely did not, but in aggregate it adds up to 100%. If you dive even deeper, you'll realize that maybe that one team billed much higher than others - which proves my earlier point. Misleading, right?
2. The firm has 4 SA's. In a team of 40+ fee earners. That's a terrible leverage ratio and adds to the possibility that the bonus numbers are likely highly skewed.
Don't trust a firm that publishes highly inflated figures. CAM, SRL and all are bad firms. Only JSA is good cuz of 8% they give (after screwing with Junior Associates position ofc).
Seeing ILNU reminds me of someone in spice route who wrote on their post that she wants the extra Rs. 50 to which the firm even replied something. Very amateur and childish. Figures are definitely fake
I can confirm that all Lexygen salary numbers reported in several posts are correct. You are demonstrating your market ignorance by calling Lexygen's reported numbers "trolling ". Everyone who has any idea at all about law firm compensation trends in India knows that Lexygen pays salaries and bonuses and delivers quality of work which are quite comparable to Tier 1 law firms. You should go back under that rock where you came from instead of making an ass of yourself with such uninformed comments.
This is the new salary break uo
@R?
- R
Also, earlier threads on LI suggest that it isn't the best place to work either.
Also, their post claims that aggregate bonus levels for SA's is 100% for CY21. Two points here:
1. Aggregate means that maybe one SA got a massive payout while the others most likely did not, but in aggregate it adds up to 100%. If you dive even deeper, you'll realize that maybe that one team billed much higher than others - which proves my earlier point. Misleading, right?
2. The firm has 4 SA's. In a team of 40+ fee earners. That's a terrible leverage ratio and adds to the possibility that the bonus numbers are likely highly skewed.