salaries

Legal 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.

The 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.

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

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.

Salaries 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.

Talwar 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.

Khaitan & 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.

“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…”

Khaitan & Co has increased fresher salaries to Rs 15.2 lakh per annum, including bonus, effective from 1 April as part of its annual pay hike.

Remfry & Sagar has created a pre-partnership career rung, promoting four managing associates into the partner-designate position effective from 1 April 2013.

LKS elevated lit practice head to partnership yesterday and hiked base pay.

Exclusive: The second part of Legally India’s salary survey analysis is out in print in Mint today, and coupled with personal interviews and additional research, revealed huge discrepancies between salaries even within the same firm at the more senior levels. Click through to read the analysis.

Exclusive: J Sagar Associates (JSA) has increased its basic starting remuneration package to Rs 10.5 lakh per annum for its intake of graduates starting this year.

In today’s edition of Mint: Indian lawyers have it pretty good when compared with the average citizen, of whom only 8% are positive about their jobs—as a Gallup survey revealed last week. Nevertheless, the corporate law profession faces a crisis of confidence.

Legally India is pleased to launch its 2012 remuneration survey, which will be the most sophisticated research into lawyer pay ever conducted in India, heavily tailored towards all major niches of the profession.

Take part to receive an exclusive report that will let you benchmark yourself against the market. Take part to increase transparency in the industry.

And finally, take part because it is actually going to be very short, sweet and fun – all you need is four minutes. And of course, we guarantee you that no data that can be used to identify anyone will ever be revealed or published.

Click here to give it a spin

Law firms pay lawyers with six years of experience up to around Rs 30 lakh per annum in Mumbai, revealed analysis of data collected in Legally India’s associate survey, as first published in Mint today.

Corporate recruiter ICICI Bank has increased its basic pay package for new recruiters by almost one and a half lakh rupees taking the basic annual package to 10.5 lakh, as Bharucha & Partners, Juris Corp and Majmudar & Co hiked their fresher pay. Tatva Legal kicked off its first law school recruitment season with packages of Rs 8 lakh.

Exclusive: Talwar Thakore & Associates (TTA) has hiked its starting graduate retainer salary to Rs 10.5 lakh alongside base pay-band increases of between 10 and 20 per cent across the board.