Nishith Desai Associates (NDA) has revised its base pay for freshers to Rs 17.4 lakh, including a guaranteed annual bonus of Rs 1.2 lakh, from the previous total level of around Rs 15 lakh, which had last been revised around four years ago.

Nishith Desai Associates (NDA) investment funds head, Richie Sancheti, who had been with the firm for 13 years, is due to join Algo Legal, we reliably understand.