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Yes tubes can be crowded these days, but can you even begin to compare indian metros and the London tubes in terms of safety or customer service?
And I never claimed everyone beggining a TC ends up in equity partnership, its the same thing as in India, the work hours are ghastly and will eat up your life, added to that the toxic culture etc. which has no difference there and here.
An first year equity partner at Kirkland makes 2.5 mill Dollars pre tax in 2021-2022 (you can check reddit, Above the Law threads) [It matches at the UK Office as well in pounds, u can check Kirklands website]
Its nearly 2 mil in other US Biglaw firms, and maybe 1-1.5 mill in UK Magic circle
Non equity is also a guaranteed fixed >500k in US biglaw at least as they make public their scales, it can be verified,
Wachtell is an exception, it starts at 400k and at year 6 will be at a mill even in non equity/ associateship because they have billable targets of about 3000 hours and more and have a unique method of billing clients i.e. contingency fees, something similar in Susan Godfrey but a bit lesser
Regarding partnership, the vast majority of UK law firm lawyers don't actually make it to equity partnership and leave firms or even the profession before, and even then, to get into the millions take-home-pay range, you'll need to make equity at one of the big firms and stick around for a while - junior equity partners might not make as much...
But the super jump once you're selected (almost certain at most places, though not in this recession) to associateship is incomparable, also the partner pay in equity is in millions always in biglaw and magic circle
Also the learning outcomes in a TC and the work experience is very rich and nothing like in Indian Firms
you shouldnt measure TC just in terms of the money.. tu jo seekhega na in terms of communication and soft skills - vo tere Indian t1 counterparts nahi seekh paenge
koi kuch bhi bole.. always remember.. top 100 law firms in the world me ek bhi indian t1 nahi aati - toh tc ka chance mile to chodio mat -