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How is that possible? I have heard many Principal Associates earn north of 70-80 Lakhs. I think a junior
partner in corporate makes around 1 crore
What was your pay at 9/10 PQE when you made partner?
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Junior - 1-1.5 crores. Senior- 3-3.5 crores. 60:40 ratio. This is confirmed and authentic.
Peeps just liking the shit out of this comment, rooting for it to be true! Haha!
Accurate, but would like to add that it can easily go upwards of 3.5 crores depending on book size, partnership structures etc. Ratio is not always fixed at 60:40 - can be 50:50 as well in some cases.
So, as per you, a junior partner (Corporate/M&A team) can earn around 1 crore in his/her first year of making partner?
This is bullshit. Not sure why people are shitposting here.
THIS!! I don't know why people think that this is the profession to make money!!!

Guys, the number of hours you put in, and all the other opportunity cost for maintaining this career. Net Net you've been scammed.
Junior Partner - 3 cr

Mid Level Partner - 4-5 cr

Senior Partner - 5+ cr plus equity stake. Depends if they decide to put it back in the firm or not.
Are these fake/real figures mentioned, pre or post tax?
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Michael page says that the average salary of Indian tier 1 Counsel/PA is 60 Lakhs. Do we expect only a 10 Lakhs rise upon partner promotion?
Lol, Michael Page? They have little to no relevance in the law firm recruiting space, whether in India or globally.

Especially at the Tier-1 levels, wouldn't rely on their numbers at all.
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