As per announcement, a fresher in Delhi, Mumbai, and Bangalore would draw INR 14 lakh plus variable bonus. Other cities INR 12 lakh. Similar revisions across designations.
No. They don't. An Assistant Professor in a public university in this country gets paid about 85k gross as a fresher. The tax is also much higher compared to a law firm associate because of the presumptive income clause. The increment for an AP is about 3k every year, which is minuscule compared to the difference between A0 and A1 salaries. However, an AP has to work not more than 5 hours a day max, 5 days a week, at a public university, compared to 10 hours a day, 6 days a week (often Sundays too) for an associate. So these are very different jobs and shouldn't be compared. The work satisfaction for an AP is arguably higher, at least in the beginning, assuming that they have joined academics because they want to teach and research, whereas an associate is hardly going to be entrusted with anything interesting or innovative in the first 3-4 years.
Bro see ugc guidelines for assistant and associate professor something pay is around 7th CPC so their salary comes around 1.5 lakh per month in public university
True...1/2 years of LLM... 3-6 years of PhD... 1-3 years of post doc. Minimum 5 & Maximum 10 years post graduation. In that time period, if in litigation you may apply as AoR or PA in corp.
yep, very conservative tamil brahmin thing. They take these practices even outside of India, where you'll see tamil brahmins not even hiring telugu brahmins in their niche software firms or whatever. Levels of discrimination.
Can anyone confirm if this base revision to be uniform and not based on ratings? Because if this is the case, then A0 fresher might end up getting more pay than a SA.
I am joining for the mumbai location as an associate litigation in march, where hr told me my base pay will be revised to 12 to 14 lpa in july, whether it is true?
You're walking into a scam, No one here is really sure what exactly it is. We are all waiting for july to arrive. They were so vague in promising that and nothing official as of yet.
The upward revision of 5 Lakhs is based on ratings. Full rating will give a 5Lakh increment. Anything lower, increment of 2.5Lakh only. Yet to see how things pan out
Makes it attractive for tier I colleges
We don't recognise semi CA firms as a law firm.
Purity is important.