We want LI to be one of the friendliest places on the internet, where lawyers and law students help each other with their career related queries and occasionally discuss other stuff that might affect their lives too. In other words:
1. Be kind, respectful and helpful to each other.
2. Be bona fide, truthful, genuine and curious.
3. Assume the best intention of others.
Therefore, in using the site, you must agree to do your best to uphold these community guidelines.
Note that what you find here is written and moderated by anonymous people on the internet.
Therefore everything you read here is very likely unverified, rumour, speculation and/or downright false.
In continuing to read anything here, you must therefore agree not to take anything you read here as factual and that you will exercise due caution, diligence and common sense before acting on any information you may come across here.
You also agree to report any inaccurate or malicious comments with the buttons. Moderators take action within 24 hours, as required and appropriate under law.
Our full terms and conditions apply too.
Do you solemnly agree to all of the above?
I was in the same dilemma when I started. Thought of going to a law firm to make a cushion. But got too comfortable. Also, as age progresses, risk taking appetite reduces. Your priorities also change when you are 27/28
Currently interning with a senior. He is very kind and generous to me. Takes care of me by giving 8-10k as a stipend. Associated with him for a year now, will continue. I don't think he will deny paying 40-50k after investing 2-3 years upon me.
Note - He pays 20-25k to freshers.
I request my seniors, herein to please, please advise me according to my situation as stated:
- I want to practise, nothing else (in the longer run)
- I want to become a designated Senior counsel, want to start early.
- I want to go to a firm only because of money for 3-4 years, and then join a senior counsel. The problem is, till when I would follow money? After 3-4 years, I might be a senior associate, might make double. Would it be possible for me to leave that and get back to a chamber again for far less than what I could make at a law firm? I doubt.
- I can negotiate with chambers for 40-50k.
- I don't need to look after my family in its entirety. A slight contribution will suffice. However, I need money to lead a dignified life in a metro city, not mere animal existence.
Thank you in anticipation!