Are there many in house counsels earning 60-70 Lakhs? Why don't more go in-house?

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by Guest

Heard recently that in house counsels with 5-6 pqe from NLS and other top law schools are making more than 60 lakh per annum in Bengaluru. A lot of people from tier 1 have made the switch to in house roles as it offers better work life balance also. Some of them were boasting that they barely work for 3-4 hours daily and still get a fat monthly paycheck. Is it really true? Then why don't more people from tier 1 make the switch to in house roles? Is it true that their career will plateau in house roles and they will get better returns in law firms in the long run?

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by Guest

10 months ago

How much are in house counsels getting paid? Heard recently that start ups are willing to pay insane money for a one man legal team (upwards of 1 cr) from NLSIU with only 5-6 pqe. Is this really true?

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by Guest

10 months ago

Lol, no.

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by Guest

10 months ago

These sound highly inflated. Even law firms don't pay this much.

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by Guest

10 months ago

Don't think this is true. Know one legal head of a prominent real estate company. Earns about 79L post tax

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by Guest

10 months ago

I know at least one person who is earning upwards of 60 lakh for a pre-ipo startup. He also has an offer of upwards of 1 cr from another startup. Another person was offered 70 Lakh for a recently listed company. Both from 2016 batch.

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