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I am therefore, posting this to officially clear the air, and to help those of you lawyers and law students that are genuinely seeking credible and accurate info about our firm to help you make that choice as to whether you’d like to apply to us for a job or not. The accurate information is below, “from the horse’s mouth” - you all decide whether our pay structure is Tier 1, Tier 2 or Tier N, and most importantly, whether you’d like to consider applying to Lexygen or not.
Associate Entry Level Pay – We pay fresh law graduates a fixed retainer of INR 1.25 lakhs a month, or INR 15 lakhs per annum. We also pay a bonus that could range from 0 to INR 1.2 lakhs per annum. We hire fresh grads ONLY through our internship programme.
Senior Associate Entry Level Pay – We pay entry-level Senior Associates INR 24 lakhs to 27 lakhs per annum as fixed retainer. We also pay a bonus for entry level SAs which could range from 0 to INR 15 lakhs per annum.
Partner Pay – We don’t currently disclose our Partner pay publicly for various reasons. So, please don’t believe all those numbers and posts that claim our Partner pay to be INR 4 to 5 crores. It would be fair to say that currently, our Partner pay is not even close to those numbers. Our entry level fixed retainer for retained Partners is around INR 51 lakhs. The bonus can be quite huge there, but completely depends on performance.
Work-Life Balance – Yes, we DO pride ourselves on being a firm that offers reasonable work-life balance, but we also are a firm that does a LOT of great-quality work, so it does mean that we all have to put in the long and hard hours necessary for delivering at that level. But I can say with honesty that we do our best to be considerate of our people’s time, personal lives and health (physical and mental). We work very hard to retain our non-toxic environment and trust me, that’s not easy!
Hope this helps. All the best to all of you! Happy Diwali!
Vijay Sambamurthi
Really appreciate this transparency, much needed in this profession now. Would you mind sharing the billing targets I'd need to hit as an SA to qualify for a 15 lakhs bonus (for instance). Some firms like SRL put in an unachievable 5x goal which would be impractical for an SA1 to meet.
Compensation review can be complex and it's hard to make it completely objective, but we have a ratio of 75:25 between Quantitative (i.e., recovered billings) and non-Quantitative (i.e., subjective) factors. It may not be perfect, but we are still evolving it.
To give you some guidance on your entry level SA question, if you need to make total pay of around 40 lakhs (say, 25 fixed plus 15 bonus) p.a, you would typically need to bill and recover around 1.25 crores to 1.4 crores.
Hope this helps.
Good luck!
That must be a typo!
For the first time a law firm partner honestly takes the effort to do clear the air. It's a good effort from him.
I think this is the first time, if I am not wrong, that a managing partner of a law firm has addressed the issue directly on a platform. (not on usual LinkedIn ) which shows genuineness.
#Respect
Disclaimer: I am not associated with the firm in any form; I am just a law graduate looking for a job.
But seriously, this kind of pay transparency is ahead of its times. We may see this from big law firms in India only after 5 years is my sense.
If it is true - Thank you sir. I wish you and your family a happy Diwali.
Really appreciate the transparency. Wanted to ask if Lexygen will have permanent remote work opportunities or is open to the idea of it?
https://www.linkedin.com/feed/update/urn:li:activity:6863693525087846400/
On stipend, it is correct that a couple of months or so ago, we announced a significant enhancement to our stipend amounts. See our LinkedIn post for the details.
Please also read: https://law.asia/india-top-law-firm-websites/ on how the websites of Indian law firms have developed over the period of time.
Thanks also for sharing that IBLJ article on top-ranked Indian law firm websites - it doesn't surprise me at all that our website isn't ranked..........we hardly do any meaningful stuff to popularize our website, and it is certainly an area where we could look at improving ourselves.
Hence the associate pay mentioned here is actually for those who spend 1-2-3 years working here equivalent to A3 or SA1, which is grossly underpaying after some years of penury
Also, this point is again quite clearly made even in my original post above - "We hire fresh grads ONLY through our internship programme" . The compensation bands too are very clearly explained in my post, but for the sake of abundant clarity, "Associate Entry Level Pay" means "A0 Pay" and it is paid to fresh grads that we recruit.
I hope this clarification frees your mind from torturous thoughts of impending penury :-) All the best!
The fact that you have been so transparent about your pay scale and processes is really appreciated.
Had two questions for you:
(a) someone mentioned that no more does Lexygen hire fresh graduates solely from their internship program. Is the same true? Can one directly apply to the firm?
(b) Considering the fact that there's a hybrid model being followed at the firm (from what I've been able to gather), is the firm open to taking in final year students for virtual internships?
Try somewhere else.
But we do fairly focused work, and so yes, if you are a lateral, we look for very relevant work experience as a must-have. If you are an intern, then it's not a must-have but certainly a key differentiating factor if you have relevant prior internships experience.
Hope this clarifies. Good luck!
(a) That is still the case - we still hire fresh graduates solely through our internship programme. The email address to apply is internship@lexygen.law
(b) It is true we are still operating on hybrid model. However, most interns we've had in the past 6+ months have interned in Bangalore with us physically. We can certainly consider exceptional candidates for virtual internships.
Good luck!
Do you take into account the candidate's scores in his/her 10 and 12 boards? Or is it solely done on the basis of their performance during the internship and CGPA during his/her Graduation? Hoping to hear back soon from your side.
Carnegie once wrote that the rarest thing you can give someone is honest, sincere appreciation, and what struck me about your post wasn't the numbers themselves but that you took the trouble to write it at all. Most firms let the rumour mill run. You corrected it in public, with your name on it.
I'm a final-year law student who has spent over three years interning across dispute resolution teams, most recently in arbitration and commercial litigation. I'd like to ask if Lexygen would consider me for an assessment internship with the DR team.
Happy to share my CV and past work if that's useful.
Warm regards,