We want LI to be one of the friendliest places on the internet, where lawyers and law students help each other with their career related queries and occasionally discuss other stuff that might affect their lives too. In other words:
1. Be kind, respectful and helpful to each other.
2. Be bona fide, truthful, genuine and curious.
3. Assume the best intention of others.
Therefore, in using the site, you must agree to do your best to uphold these community guidelines.
Note that what you find here is written and moderated by anonymous people on the internet.
Therefore everything you read here is very likely unverified, rumour, speculation and/or downright false.
In continuing to read anything here, you must therefore agree not to take anything you read here as factual and that you will exercise due caution, diligence and common sense before acting on any information you may come across here.
You also agree to report any inaccurate or malicious comments with the buttons. Moderators take action within 24 hours, as required and appropriate under law.
Our full terms and conditions apply too.
Do you solemnly agree to all of the above?
My guess -
Cyril Shroff - 25 crores per annum
Rajiv Luthra - 15 crore per annum.
Do they (or their kids) have Porsches and Ferraris and Lambos? (No)
I'd say about 5cr max.
Gujju bhai firms earn 800-1000 crores revenue
Surely they take 10-15% in their pocket
Sources say he takes at least 9 Cr from the Disputes Partnership
This is obviously in addition to the above market rents that he receives from the firm, similar to what 1.4 says
So at least 40-50 Cr a year for Rajiv Luthra
Don't look for examples. Be the example.
It's not the same. Surgeon will do surgery for 3 hours but gets ancillary revenue when patient stays at hospital for next 7 days for observation, buys medicines, etc.
There is no such ancillary revenue for lawyers.
Person in litigation