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It does not mean there is a problem
Average attrition in every big law firm is about 50% per year
1) It started off as a professional firm- and is now worse than a family run Lala shop, with relatives of MP in partnership, associate pool and admin staff. It’s crazy.
2) The executive committee are a bunch of yes men with no say and don’t have the spine to spit out facts. They do not care about the Firm or its retainers and only care about their paisa… bowing down to almighty at every opportunity.
3) The salaries continue to lag behind market standards generally. While people were willing to cut some slack as a new outfit, without any clear pathway of it increasing, there is no reason for people to stay!
4) The work is not less by any means and compared to other firms, so why should we work for less. I have personally heard partners complain that even they are not being paid fair market remuneration. Why should people say.
5) The firm policies are ad hoc and are regularly changed to suit whatever is the colour of the sky that morning.
There needs to be a hard introspection by everyone as to why a promising firm is being frittered away by the randomness of the senior management.
Enough with the Misinformation
It’s honestly tiring to see the repeated trolling of S& P on this forum—most of it driven by conjecture, envy, or old baggage.
Let’s deal in facts for a moment.
In just about three years, the firm has grown to over 200 lawyers—something no firm achieves unless it is doing significant, quality work. Saraf & Partners is involved in some of the most critical deals and high-value disputes in the country, and continues to attract top-tier clients and lateral talent. That alone says something.
More importantly, the Firm actually honoured the commitment it made when the firm was formed. Despite the mess left unresolved by Luthra & Luthra, the firm ensured that all past dues were paid to those affected—something that very few in this profession would have the moral clarity or courage to do.
And to those throwing shade on internal governance: last year, the firm also undertook a meaningful equity distribution. Not just lip service—actual equity and reward for those who’ve helped build this platform.
Say what you will, but the Firm is quietly and steadily building a serious, merit-driven law firm. No PR gimmicks. No theatrics. Just solid growth and delivery. It has Partners joining in from S&R, Barucha, CAM, SAM.
If people still feel the need to troll, maybe the success of others is a mirror they’re uncomfortable looking into.
1. critical matters. ▮▮▮
2. NO PR OR THEATRICS. hmm. What about those Tarun N video shoots "sir sir billion dollar deal needs to be discussed for which senior partner is sitting and waiting in Founder partners room" or all The BW Legal events /posts.
Thoda to control Karo building counter narrative
1) As already mentioned in another comment, the MANAGING PARTNER. Very volatile, changes wfh policies at whim and fancies, unnecessarily pressurising grown adults to attend regulatory update sessions, conferences, seminars, even office parties (yes, will get annoyed at people for showing up late even). ▮▮▮tries to convince everyone that work-life balance is a myth. ▮▮▮
2) The salary is not at par with Tier 1 firms (as the firm generally likes to consider itself one). Bonuses and increments are not paid on time with the administration/MP shamelessly making childish and flimsy excuses for the delay to grown adults.
3) Quality of work and clients is okay- nothing particularly spectacular.
4) No good brand image as such 2 years into its existence.
Some positives:
1) Some of the partners are quite nice and deserve credit for that (of course there are exceptions, but speaking generally). Apart from the Managing Partner, I see myself defending the behaviour of quite a few other partners (again, with exceptions)
2) Much to the managing partners dislike I assume, there is a pretty decent semblance of work-life balance (as compared to other T-1s) for quite a few teams.
Increments are delayed this year too. A word of caution to juniors, join this firm only if you've no way better to go. There's no growth here. The mentality is to make profits on juniors' labor.