There are a lot of threads on the compensations paid by tier-1/tier-2 law firms but what about in-house counsels? Which companies pay good salaries to the legal managers? ICICI. HDFC, ITC?
Working at an early stage VC Fund with a PQE of slightly less than 7 years and earning slightly over 60L (all monthly - no discretionary performance related bonus nonsense) and have a carry of 0.2% over the USD 500M fund at exit.
How does one get into that role? I'm currently in an automobile company with 2.5 years PQE. The work is mostly contract management and compliance. Pay is decent 15% below T1 firms. I'm planning to switch.
Adani pays a pretty good entry salary but I guess its different depending on the law school. Some my friends from a private uni got 8 LPA while others I know from a different private uni from Gujarat got 14 LPA. Thats entry level, so pretty good compared to T1 firms.
-annual deferred allowance is 4L
-cost of loan 50k
-Performance linked bonus is 1L
-PE/Gratuity IS 61k
Finally, monthly gross is 9.9L which comes out to be 9L after taxes.