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1. Looked down upon by almost everyone - like it or not; there is a unsaid hierarchy in law where sc lawyers>hc lawyers>dist court lawyers. Tribunal lawyers stand at the very bottom
2. V less scope of senior designation - regardless wof what judgements say, this is true. Experienced it. Ask anyone around.. you dont practice in hc/sc - hardly any chance of getting semior gown
3. Very specialised - while it can be a plus, but all your eggs are in one basket being the tribunal..sc/hc lawyers who primiarly practice in hc and occassiomaly in other fora do better in this regard
A close friend who practices electricity keeps telling me me how in SC electricity law matters are some of the biggest commercial matters with dispute value almost always being above 500-800cr and its only the top tier silk gowns who are briefed. I feel the reason is that its the playing field of adanis, tatas, reliance, vedanta, renew power. He tells me Tri, KCO, JSA, DSK are knee deep in the practice. There a lot of small boutiques firms like SKV and MSA Partners with a good chunk of the work who are good paymasters as well. to summarize electricity is some serious money for those who can get in.