Want to understand the difference b/w first year partnerβs salary at JSA from other tier 1 firms. I believe that standard is 80-85 lakhs at other firms.
Can you pleae tell the numbers for other firms, for a new partner? Firms with numbers higher than above (JSA). Ball park will do. I have heard its 95 lacs in IndusLaw, not sure if its correct though.
Monthly - 3.5 X 12 = 42 lacs
+ Bill share - 12% of what ever you bill. Lets say you bill 2 cr in a decent year = 24 lacs
+ Annual bonus - 14 lacs (this one I am not sure about and am 2nd guessing)
Total 42 + [24] + 14 = 80 lacs
Can go up and down depending on the team/ actual billings and recovery.