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Do these firms pay at par with tier-1s? Can anyone working there/ex-retainer give the actual breakdown? Also, how do these firms hire - mainly via PPOs?
Lexygen and Veritas do. Vertices pays 20-25k - avoid major
Thanks - what's the actual pay at Lexygen and Veritas? How's the culture?
Lexygen pays 15L (fixed retainer) + bonus up to 1.2 L for freshers. Recruits A0 only through internship programme. Work is great and the culture is (by law firm standards) very healthy.
This sounds about right. I know a couple of 2 yrs pqe people at Lexygen who make around 16.8 lakhs fixed plus around 2 lakhs bonus.
Vertices has a good work culture based on camaraderie, seniors mentor juniors well, founders ensure that culture is fluid and seemless
Vertices pays how much? Could someone reconfirm this
Vertices starts with a fix of 15 L pa and bonus upto 3 L. Plus you get to work with best founders of the industry. Go for it, it's fastest growing law firm for quite some time now
Can someone please confirm this? This sounds unrealistic.
Finsec starting pay is 16.5 lacs without bonus, they hired one person from my campus this year.
Absolutely not. Finsec pays 9 lakh fixed + 3-4 lakh bonus for A0s.
Not OP, but nobody in Finsec gets 9 lakh. Quit bullshitting. Finsec has a very high pay for a boutique firm. Also, bonus in Finsec is mostly profit equally divided - it is not variable, and is a guaranteed amount for everyone, depending on how the firm performs that year.
Absolutely! Veritas pays 14lac + variable bonus to freshers. That's at par with Tier 1. Also, they have an excellent firm culture and mentorship. They hire freshers through an assessment internship leading to a PPO
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