In a capitalist 'free market' economy, price is determined by the twin forces of demand and supply. With the increasing number of law universities in India and the stagnating number and size of the big firms willing to pay that salary, it is unlikely that the price (salary) will be hiked anytime soon. If you or I don't take up the job at that salary, then someone else will, and the number of paymasters willing to pay even that much to a fresher in this sector is really low.
It's not unpopular opinion Infact it's not just popular opinion but toto true that Tier 1 law firm salaries are not worth the hype.This is also because we classify shit lala nepo firms like KAM, BZC, Shaitan as Tier 1 category.This are forms running on papa or uncle's legacy and they don't know a ahir about the law.Whatvthey do know is the art of conning and swindling clients to overpay so that they give you a menial share,treat you worse than salve and full their fat pockets.Thata the popular and true reality of purported Tier 1 law firms in India where no half decent lawyer will join and if by mistake they do, they won't stay
lol