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What I feel is that it's a myopic way to look at it. The legal industry has been on this spree for quite some time now, especially after the creation of IBBI in 2016. What we generally see in hirings are just T1 boutique firms recruitments, we tend to almost ignore the T2/T3/T4 firms that also expands steadily. The current trend projects that if T1 firms continue their spree then the it would be eating up the potential jobs takers from T2/T3/T4 firms. And this would ultimately result in a higher billable rates as a norm even for organisations that previously preferred a cheaper alternatives as the T1 are gaining more market share.
It's totally a speculation and there must be quite a few loopholes as well, but that seems to me a logical outcome of the current trend.
The Indian legal industry could potentially serve as a goldmine that has only been exploited by the locals, the entry of foreign firms would disrupt the entire market if they offer monetary compensations of even half the hours billed by lawyers, in contrast to a ridiculously high margin cut in lala firms.
There is also a massive potential for the UK lawfirms hiring Indian graduates at staggering costs, they would save a fortune if they could outsource their work to a branch that bills at 5 times cheaper rate.
Apart from a few equity individuals there is an incentive for the whole economy, I wonder how long does it take to finally liberalise the market.
It seems more like condoling to me as he just stated it without suggesting an alternative course of action or something like that. Seems fair though, who would go to an institution with such hefty fees if he/she is able to crack top 5 in CLAT.
Although one cannot deny that CLAT is an exam curated in such a manner that inherently supports candidates from privileged backgrounds, but he twisted it because the audience is already the top 0.01%.
This time CLAT has requested to fill out preference list before the examinations and it left me in a bit of dismay. I would really appreciate if you could share insights regarding what should be the correct order of preference for this year.
My take on the what the order should be:
NLSIU, Bangalore
*NLU, Delhi (If you crack AILET)
NALSAR, Hyderabad
WBNUJS, Kolkata
GNLU, Gandhinagar
NLUJ, Jodhpur
NLIU, Bhopal (Bsc. LLB) [Cyber security]
HNLU, Raipur
The only conundrum is the placement of GNLU and NLUJ in the list, I personally feel that the only advantage that NLUJ has over GNLU is the no domicile policy.
GNLU seems like a safer option to be honest. For someone who would like to try out different arenas of the field, it gives much better resources as compared to NLUJ, for instance: Their entrepreneurship initiatives and Litigation funds for graduates.
Considering that my location doesn't favour either of the NLU (GNLU being a bit farther though), If it would've been upto you then what would you have chosen?
1 hour ago
Hello, we've added the option to choose a preferred colour scheme with the 'Theme' link in the bottom menu, and added a more muted / professional / perhaps sophisticated ;) option, which is not quite as bright as the default amber. Does that one look better?
If there's interest, we'll look into adding a dark mode too - please leave a comment below and upvote on it, if yes."
I thought that this might go unnoticed for a few users, just letting you guys know that you can (must) change the theme by following the aforementioned instructions.
And yeah, blue is way better. What lead you guys to make yellow the default one, lol.