I have not come across many top competition law partners who do not have an LLM. Is it a must?
I don't have the money for an LLM, and I probably won't ever put 50 Lakh aside for it, even when I have the money. How badly will my career be affected? Is it really that necessary? TT&A, LKS, trilegal, luthra have partners with LLMs.
And the partners that do not have LLMs, used to work with CCI.
Not necessary. Most partners in that field are from traditional law schools where competition law is not even taught at the UG level, so they learnt it later during their LLM. Some of course did it out of passion. Working with CCI definitely helps your career. However, you can do well without having done either if you have good knowledge of the subject, keep yourself updated, and focus on moots and publication in related field while in law school.
It may help you get a foot in the door of a competition practice. As a junior, it will help you have cross-border understanding of issues - things that others may spend time researching on, you may already have learnt from some top notch professors or practitioners in your LLM. As you grow senior, and it also becomes important to know more people and not just the law, the networking done during your LLM may bear fruit as your counter parts would also be in fairly senior positions across the world.
Its still not a must have - many competition partners have risen through the ranks simply through learning and applying themselves at their jobs.
But it seems like you have already decided what to do, so best of luck!
I don't have the money for an LLM, and I probably won't ever put 50 Lakh aside for it, even when I have the money. How badly will my career be affected? Is it really that necessary? TT&A, LKS, trilegal, luthra have partners with LLMs.
And the partners that do not have LLMs, used to work with CCI.
Someone please clarify the significance of an LLM
It may help you get a foot in the door of a competition practice. As a junior, it will help you have cross-border understanding of issues - things that others may spend time researching on, you may already have learnt from some top notch professors or practitioners in your LLM. As you grow senior, and it also becomes important to know more people and not just the law, the networking done during your LLM may bear fruit as your counter parts would also be in fairly senior positions across the world.
Its still not a must have - many competition partners have risen through the ranks simply through learning and applying themselves at their jobs.
But it seems like you have already decided what to do, so best of luck!