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Depends from partner to partner. Just make sure you are getting into a transactional banking team and not the one which actively mixes Restructuring/Insolvency i.e. RP mandates and allied litigation advisory work for more lucrative growth + pay.
Yes. Tax lawyers are paid less at all levels. It is a support practice - in most cases.
Tax lawyers earn less in corporate law firms but if you have your own practice, then litigating at CIT and ITAT will get you pretty much same money as a partner at a tier 1 law firm. Without your work life balance going for a toss.