Generally true when it comes to companies. But an MBA with specialisation in HR need not be equated with an HR role in a 'company'. There are several niche HR consulting firms and generalist consulting firms with a strong practice in HR. When it comes to an MBA from good institutes such as IIMs (XLRI and TISS HRM programs not included) many if not most students deliberately try not to specialise in any field be it finance or marketing so as to allow them to explore a wider range of careers and then build a specialization over the years based on their job experience.

I wanna know more about this too. You have to take into account the two years you’ll be losing so it’s better to compare the placements with the salary of an A2 at a tier-1 law firm. I think it’s still less than 25 lpa so going for HR programmes under top-5 B schools would make sense.
I’m not sure about the long-term career trajectory and whether that would be better than being in a law firm.

Law + MBA (HR) is perhaps the most sought after combination when it comes to recruiting for HR-specific roles in companies, HR consulting firms (Mercer, Aon Hewitt, Korn Ferry etc) and the like. However, to make your profile even more compelling, I'd suggest you have at least a couple of years of work experience before your MBA program commences. XLRI and TISS are arguably the top 2 institutions in India for HR. TISSNET quant is considerably easier than XAT quant. All the best!

I fond Labour law very interesting, so should i pursue MBA in HR management for a more lucrative career? Even if i get job in a tier 1 it'll pay me max 16-18 lpa which is the least people get after graduating from a decent B school. Colleges like TISS offers more than 40 lpa and avg 26 lpa.