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lets assume that you have X PQE in India (in the UK, no one really asks whether it is post AIBE or from the day you joined after college). Usually they remove 2 years at the start, because in the UK there is a 2 year training/qualification period post UG degree (previously it was LPC, now it has become like bar exam called SQE, but 2 years experience is still required, although someone even without a degree can technically sit for SQE 1). Although in India law is for 5 years and in the UK ug law is for 3 years, this 2 yr discount is still automatically added to Indian PQE. Then depending on the work and CV, the UK team will again add a variable deduction of 2-3 years, so in practice any Indian PQE below 4 years has little value. As this is discretionary and no HR team will ever say this upfront, if you can negotiate with the hiring partner you may get some leeway, however, it is rare. So rule of thumb is X - 4/5. sidenote: Laterals have kind of dried up.
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