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caveat--i have no firm internship experience, but from what i've heard from others who have, a chamber like this provide a very good opportunity to engage in substantial and meaningful work from the point of view of learning. one reason being that they have a lot of good work, but less people to do. so, they try with interns who are willing to take ownership for a substantial part of the work.
If it is general litigation, then he simply hands me over the file to the draft petition and list of dates among others while taking help from online interns to do caselaw research. Then, the senior acts as the informal judge and assess your draft and points out the potential weak points, in a way saving time on his part as well as giving the intern a good learning.
If it is arbitration, then that's a gold mine as I get instructed to perform tasks, be it analysis of multi agreements; going through various related pleadings to look for loopholes; assisting in preparing witness testimony, attending senior advocate conferences, etc.
Also, my senior is quite generous in pay as well, last month i got 25k.
But, yeah one of the downsides i've heard, its difficult to switch to a firm since they don't accommodate your chamber experience very well.