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Plus the higher you go the more difficult it becomes to switch to another firm. Indian law firm market, especially at the top, is really small, imagine you are a partner in Debt Practice in a Tier 1 Firm, very few firms would match your salary, and if you are trying to shift will try to derive the best deal for that firm so it is even worse than a golden handcuff type scenario.
Outside India the market is quite big and firms are more professional. In my experience indian law firms are lala type, sex/drug cults or one maniac running the shiz.