We want LI to be one of the friendliest places on the internet, where lawyers and law students help each other with their career related queries and occasionally discuss other stuff that might affect their lives too. In other words:
1. Be kind, respectful and helpful to each other.
2. Be bona fide, truthful, genuine and curious.
3. Assume the best intention of others.
Therefore, in using the site, you must agree to do your best to uphold these community guidelines.
Note that what you find here is written and moderated by anonymous people on the internet.
Therefore everything you read here is very likely unverified, rumour, speculation and/or downright false.
In continuing to read anything here, you must therefore agree not to take anything you read here as factual and that you will exercise due caution, diligence and common sense before acting on any information you may come across here.
You also agree to report any inaccurate or malicious comments with the buttons. Moderators take action within 24 hours, as required and appropriate under law.
Our full terms and conditions apply too.
Do you solemnly agree to all of the above?
This says all that needs to be said of your competence to make this statement. Stick to the bong, leave serious thought to those better suited to it. AI is a bubble and will pop.
An average successful senior advocate earns faf far far more than their equally successful law firm counterpart
We Indians hate to speak frankly about important things and trends because we prefer silence and connivance, but it is a known fact that the Indian corporate legal market is over saturated at the mid and high levels and renenue has stagnated too. More partners mean higher cost cutting with clients, and Claude AI is helping new gen partners match in quality without requiring juniors who would've handled the grunt work.
2027 onwards will be exponentially worse because its a vicious cycle as explained above. Firms like to say "Oh we will be shifting to the PPO model!" so they are able to employ free fresh monthly talent without promising in hired numbers. Its a classic strategy.
You wouldnt believe me when I say that in 2022, people were handed out PPOs based on single online internships, even compromising on quality because the markets were defiantly successful and required more labour, (tech/ infra/ lawyers etc). 5 years since, companies are making up excuses to layoff entire teams.
If you are in the 2027+ batches, you must learn to market yourself, as skills and legal knowledge dont suffice anymore. You must market yourself in providing faster product (using latest AI models), efficiently and most importantly better that the others.
(PS Please excuse the grammar, im high rn)
In any case, hiring trends seem to be on a downturn irrespective.
LAWYERS BEWARE!
And it's attributable to economics. Supply and demand. Plain and simple. Supply is increasing every year. Numbers used to be more concentrated in the top 5, now they're being spread out. Every single job given to someone from a pvt law school is a job that would've otherwise contributed to the concentration.
I have given you 2 reasons, but there would be more. You can rationalise the market, you can't defeat the market.
How is no one speaking of this and why does no one care? Various firms mentioned that they'll move from a Day Zero hiring process towards a PPO model - did they give up on that? Will Day Zero hirings shoot up because of such little pre-day zero job offers?
It is genuinely driving me insane and no one gives a shit. What is this attributable to? It cannot be AI, we are not quite there yet.
Know of a people being kept in the dark by Khaitan, three by Trilegal (no response after interview), one rejected in CAM PPO interview. And all of these people are bright by all reasonable metrics. Something doesn't seem right and I'm not sure what it is. Or they are all just planning on hiring at Day Zero, which I hope is the case.