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A 2009 graduate from a NLU couldn’t crack anything decent because of acute dearth of opportunities and had to join OSC (a LPO) mainly doing ISDA contracts.
Worked hard for almost 5 years and got a chance to work for CC in UK for 6 months on secondment. After few months in India, got a chance for a year long secondment in a bank in SG. Came back, worked for a year, put all savings to do Masters in Law & Finance. Joined a magic circle firm and worked for 5 years. Now joined a boutique investment/hedge fund with office within the one square mile.
So there is scope for everything mate, it all depends on what you make of it. Things may not be easy and may require endurance, but with courage of conviction and a bit of patience you can make a career in this field. All the best!
I understand it is a niche practice and that there may be only a few large companies that engage in such transactions. I also presume they do have their own teams that handle the derivatives contracts such as ISDAs CSAs, GMRA, and CDEAs and hence there may be only a handful of firms in India that specialise in this practice.
Additionally what is the scope of working in roles in organizations such as Société Generale, Morgan Stanley, Deutsche bank and other companies that do have various legal roles in this particular practice of law.
Would like any insight on this practice area.