Hi everyone. Given that a lot of firms have revised pay scales recently, let us make this a mega thread where everyone comments updated salaries in 2024 for all firms.
Format- Firm Name/Position/Salary (fixed+bonus)
For example- Pearson Spector/A0/12LPA(10+2)
Let’s have transparency in pay scales for these big firms and also please only comment if you know the revised pay scale with certainty.
It’s 15.8 on paper while the fact is an Ao joins from July with the first salary coming around August and even the bonus is paid on a prorata basis so yeah pennies. People at the top better learn how to share their pie.
is this nlu specific? if you dont mind are you from an nlu? there seems to be a lot of talk on how nlu students are preferred for both internships and jobs, also which office is this
The highest bonus at a PQE level could be more depending on the no of billable hours (differs from team to team occupancy levels). Bonuses being announced on April 1 and paid the next day (massive change in the policy).
Very grateful. Just curious, this is all taxed at 30% tho, correct? Why does NDA do this? How does it benefit them to treat you as an employee as opposed to a retained professional?
Either this is incorrect, or you've gotten the sharp end of the stick. Is it the case that you got your offer earlier on last year? And how are you arriving at the 1L number - i know that is incorrect, should be higher.would defer to your inputs.
I can verifiably say that at the top 3 NLUs, LKS has offered almost the double of the aforementioned fixed component. I know, even the recruitment committee was shocked.
Format- Firm Name/Position/Salary (fixed+bonus)
For example- Pearson Spector/A0/12LPA(10+2)
Let’s have transparency in pay scales for these big firms and also please only comment if you know the revised pay scale with certainty.
Trilegal - 19.5 LPA (inc bonus)
Trilegal/A2/26LPA(21+5)
Anyone kind enough to share SA/Counsel pay?
(As per the recently sent engagement letter)
A1 - 17.4 + 3
A2- 21 + upto 5/6
A3 - 22.5 + upto 6-7
A4 - 26.5 + upto 7/8
A5 - 29.6 + upto 10/12
The highest bonus at a PQE level could be more depending on the no of billable hours (differs from team to team occupancy levels). Bonuses being announced on April 1 and paid the next day (massive change in the policy).
SAM/A2/23.20LPA (18.5+4.7)
17.4 (fixed) + 4.35 = 21.75
Pls can someone having anonymous gmail id create an excel sheet for everyone's benefit in similar format as available here https://docs.google.com/spreadsheets/d/1ltk2xnERP1OWklq60BEsJFhl3eSuQX7nQEdo_v37ggs/edit#gid=1214652949
Thanks a lot!!