All Big4s pay the same. Even McKinsey starts at the same scale for the NALSAR peeps they have taken. We're getting shortchanged in India considering Big4s take at 90-115k dollars abroad for fresher roles in consulting and Mckinsey goes till 200k. There's no comparison at all and it infuriates me. At least pay like 25lpa if you're paying that much abroad
I will tell you one thing very honestly about DSK BLR. In BLR office, as PQE 4 I was paid the same as an A0. Another colleague, PQE 2 was paid lesser than an A0 hired from NLU. So pay disparity is real. And the bonus figures are almost virtual. They pay 10%-20% bonus. Highest is 25%.
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
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?
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).
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.
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.
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.
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.
And do you have any idea for PwC India?
What is the pay scale for law graduate fresher joining there.
A0- 9 LPA FR + 1 BONUS
A1- 11 LPA FR + ~2 BONUS
A2- 13-15LPA FR + ~2.5 BONUS
Bangalore does not pay as the above. The bands in BLR office are decided on the basis of NLU/Non-NLU retainer. Find them below-
A0- 6 LPA FR + 1 BONUS
A1- 9 LPA FR + 1.5 BONUS
A2- 11 LPA FR + 2 BONUS
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!!
17.4 (fixed) + 4.35 = 21.75
Anyone kind enough to share SA/Counsel pay?
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)
(As per the recently sent engagement letter)
Trilegal/A2/26LPA(21+5)
Trilegal - 19.5 LPA (inc bonus)
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.