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salaries

10 June 2019

Nishith Desai Associates (NDA) had circulated an internal email announcing a salary freeze for mid-level associates and above, due to the firm having experienced “stagnancy in the revenue growth for 2019”.

19 April 2018

In 2017, we witnessed high levels of hiring activity in general corporate and M&A space across levels. Other transactional areas such as banking, capital markets and structured finance were busier than the previous years, but hiring at the mid-level especially was limited to replacing leavers rather than growing that practice area. The litigation market remained steady and so did other practice areas like IPR, taxation and competition law.

31 January 2018

However, this is still lower than what judges had been paid in real terms in 1957, as we and Mint had reported in 2015.

20 September 2017

The Indian legal talent market remains buoyant as we move through 2017 and we see strong hiring activity continuing across both private practice firms and in-house legal teams. This positivity can be attributed to the fact that Indian industry has witnessed a steady rise over the past few years in terms of productivity, expansion and revenue.

10 August 2017

Shardul Amarchand Mangaldas (SAM) is offering multiple campus recruits base pay below the Rs 15-16 lakh fixed package that it had promised to students and announced to media in a record hike in 2015, that had placed the firm near the top of the fresher salary table.

27 March 2017

The pay hike would take apex and high court judges roughly back to the levels they had been paid in 1957 (adjusted for inflation), according to an analysis of decreasing salaries we had published in Mint in 2015 with Alok Prasanna Kumar (see graphic above).

09 December 2016

The range of salaries at India's law firms is wider than ever, with a 10-year PQE (post qualification experience) lawyer on remuneration (including bonuses) potentially ranging all the way from Rs 25 lakh per annum to Rs 200 lakh, according to salary data from four legal recruitment consultants compiled by Legally India.

25 May 2016

“If I had opted to be a junior to some lawyer and enter the legal profession, I would have got only a pittance for the many initial years. But I learnt that driving trucks meant instant wages,” law graduate Yogita Raguvanshi told The Hindu in a fascinating profile.

23 November 2015

Counting the Rs 40.4 lakh of fees paid to 10 lawyers for 151 cases, Ignoring the higher fees paid to the two highest paid lawyers, that works out to a mathematical average of only Rs 2,675 per case.

08 September 2015

CashThe post colonial-era building with the red sandstone dome on Delhi’s Bhagwaan Dass Road is home to an elite class of lawyers, who are likely to be the most expensive in the world: they are typically paid between Rs 5 and 15 lakh per hearing.

Interviews by Legally India with more than 32 Delhi lawyers who brief seniors in the Supreme Court and Delhi high court reveal all…

21 July 2015

Loadsa moneyLegal recruiter Vahura said that general counsel (GC) with between 15 to 25 years of experience, working at companies, could earn from Rs 80 lakh to more than Rs 300 lakh per year as a cost-to-company (CTC) package.

07 July 2015

SC judges' salariesThe Chief Justice of India (CJI) used to earn Rs 5,000 per month in 1957, which is equivalent to Rs 3.05 lakh per month in today’s money accounting for inflation. The CJI’s actual salary is Rs 1 lakh per month. We have a problem.

13 May 2015

Shardul Amarchand Mangaldas managing partner Shardul Shroff has confirmed an increase in fresher pay to the highest level out of any firm.

08 April 2015

Trilegal: Rs 13 lakh is the new Rs 10 lakh.As promised, Trilegal has announced a massive pay hike to fresh graduates joining the firm, bumping up salaries to Rs 1.1 lakh per month excluding an optional annual bonus of up to Rs 2.2 lakh.

08 April 2015

Salary tableSalaries at Indian law firms offered to law graduates have hit unprecedented levels, after Talwar Thakore Associates (TTA) and Khaitan and Co respectively hiked their base pay to Rs 13 lakh and Rs 14.4 lakh per annum.

07 April 2015

TTA: Big packagesTalwar Thakore & Associates (TTA) in March bumped up the basic salary it pays to fresh law graduates to Rs 13 lakh per year, excluding a potential performance-related bonus of up to 40 per cent.

03 April 2015

MoneyKhaitan & Co has increased the base remuneration paid to freshers from Rs 13.2 lakh per year (as revised in 2014) to Rs 14.4 lakh per year plus an annual bonus of Rs 1.8 lakh.

28 October 2014

“At Supreme Court for three years under a kind senior but he's still paying me peanuts and not giving me any great work. At a loss…”

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