Difference between revisions of "Indian lawyer salaries"
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| CTC* with other benefits convertible to full retainer after six months<ref>[http://www.legallyindia.com/201007221129/In-house-counsel/icici-legal-hikes-starting-salary-above-rs-9-lakh-barrier ICICI hikes salary]</ref>. | | CTC* with other benefits convertible to full retainer after six months<ref>[http://www.legallyindia.com/201007221129/In-house-counsel/icici-legal-hikes-starting-salary-above-rs-9-lakh-barrier ICICI hikes salary]</ref>. | ||
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| − | | [[Wadia Ghandy]] | + | | [[Wadia Ghandy & Co]] |
| 8.4 | | 8.4 | ||
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| 2% on billings + 10% on billings (if the work has been generated by the fresher) + discretionary year end bonus | | 2% on billings + 10% on billings (if the work has been generated by the fresher) + discretionary year end bonus | ||
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| − | | [[Nishith Desai Associates | + | | [[Nishith Desai Associates)]] |
| 7.2 (salary) | | 7.2 (salary) | ||
| +4.8 fixed amount is paid out after three years with firm<ref>[http://www.legallyindia.com/20100611955/Law-firms/revealed-17-law-firm-starting-salaries-as-azb-trilegal-wadia-ghandy-hike-fresher-pay-packages Revealed: 17 law firm starting salary packages]</ref>. First-year CTC* figure therefore 12.12 forms base for 2nd year increase. | | +4.8 fixed amount is paid out after three years with firm<ref>[http://www.legallyindia.com/20100611955/Law-firms/revealed-17-law-firm-starting-salaries-as-azb-trilegal-wadia-ghandy-hike-fresher-pay-packages Revealed: 17 law firm starting salary packages]</ref>. First-year CTC* figure therefore 12.12 forms base for 2nd year increase. | ||
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| − | | [[ | + | | [[Juris Corp]] |
| 4.8 - 6 | | 4.8 - 6 | ||
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| 4 - 6 (5 - 7 for 2010-11) (CTC* incl. bonus at top 10 law schools) | | 4 - 6 (5 - 7 for 2010-11) (CTC* incl. bonus at top 10 law schools) | ||
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| − | | [[ | + | | [[Lakshmi Kumaran & Sridharan]] |
| 4.8 | | 4.8 | ||
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| − | | [[Crawford Bayley]] | + | | [[Crawford Bayley & Co]] |
| 4.8 | | 4.8 | ||
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Revision as of 18:51, 2 December 2010
This article aims to list and regularly update the base salaries at Indian law firms, in-house legal functions and other employers of Indian lawyers.
Please update with any information or data you have or send Legally India an email with figures confidentially.
2010-11 Indian legal recruiters' offered remuneration
| Firm | Base retainer pay (Rs lakh) | Offered total package incl. max bonus (Rs lakh) / other |
| AZB & Partners (Mumbai) | 11.4 | "competitive bonus" |
| Khaitan & Co (Mumbai) | 10.8 (7.2 - 8.5 for 2010 batch) | 14.8 |
| S&R Associates | 10.8 | |
| Trilegal | 10.8 (10.2 for 2010 batch) | 12.8 |
| Amarchand Mangaldas | 10.3 - 10.8 | 14 - 15 |
| Luthra & Luthra | 10.2 | 12.6 (+0.51 signing bonus)when is this paid? (+3 insurance benefits) |
| Finsec Law Advisers | 10 | Performance based bonus. |
| AZB & Partners (Delhi) | 9.8 | "competitive bonus" |
| J Sagar Associates (JSA) | 9.6 | |
| ICICI Bank | 9.05 (salary with retainer option) | CTC* with other benefits convertible to full retainer after six months<ref>ICICI hikes salary</ref>. |
| Wadia Ghandy & Co | 8.4 | |
| Talwar Thakore & Associates | 8.4 | |
| Argus Partners | 8 | 10 with bonus at fresher level. |
| Desai & Diwanji | 6 - 8.4 | 2% on billings + 10% on billings (if the work has been generated by the fresher) + discretionary year end bonus |
| Nishith Desai Associates) | 7.2 (salary) | +4.8 fixed amount is paid out after three years with firm<ref>Revealed: 17 law firm starting salary packages</ref>. First-year CTC* figure therefore 12.12 forms base for 2nd year increase. |
| SAIL | 6.6 - 6.8 | |
| Phoenix Legal | 6 - 7.2 | |
| IFMR | 6 - 6.5 | |
| Juris Corp | 4.8 - 6 | |
| Pangea3 | 4 - 6 (5 - 7 for 2010-11) (CTC* incl. bonus at top 10 law schools) | |
| Lakshmi Kumaran & Sridharan | 4.8 | |
| Crawford Bayley & Co | 4.8 | |
| Kochhar & Co | 4.2 - 4.8 | |
| Supreme Court judicial clerkships | 3 (stipend)<ref>Legally India - judicial clerkships hike stipend, September 2010</ref> |
Source: Legally India research<ref>Amarchand, Khaitan Luthra and Trilegal hike pay</ref>: interviews with students and college recruitment committees and putting those figures to law firm or organisation for correction or comment.*CTC: "cost to company" figure can include other benefits than just base salary.