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Not even UK/China/Canada. Indian students those who do Clerkship are average kids who want to have a recommendation letter and fancy work experience for US LLM - clerkship compensates for other issues like bad grades no publications and no jobs. Some European LLMs also prefer kids with clerkship.
Otherwise there is no benefits for a clerkship. In India law firms don't give any preference to candidates with llm. Kids with clerkships often have influence from families.
For Litigation - first one or two years clerking doesn't do any good. It's better you are in a chamber. Even thou you won't get anything. Your fundamentals will be small. Clerkship doesn't add much value.
What one must know is - in US law firms have real Litigation practice and firms have 50:50 Litigation corporate practice.
In India law firms (big ones) hardly do any Litigation. 80% work is corporate/commercial and only 20% is Litigation. Even this 20% Litigation firms rarely handle it themselves they are mere case managers and liason with local lawyers and engage senior advocates to get things done.
Therefore indian law firms don't consider clerkship as a valuable experience. It's better you join a real chamber if you want to lateral into a disputes team at a later point of time.