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Remember, four years of work ex>>>four years in top law school. Many people start their careers in T3/T4 law firms that pay peanuts and then transition to T1 firms in 2-3 years. Even financially, it's better to earn for four years, however little, than to pay 1.5L every year as fees.
However, in the long run, it is always financially better to start earning as high as possible. It'll be difficult to watch your juniors who have just graduated make more money than you have been for the past three years of working.
Future employers will pay you based on your previous salary. If that is peanuts, you'll only get a bump on that unless you manage to escape this cycle.
Speak from experience.
please guide about making shift from t4/t5 to t1. I mean, can you tell names of t4/t5 ? I have been in litigation and have not read anything about corporate law. So, how do I even get into t4 and t5? (my practice area would be GCA or M&A)