What is the average salary of a law firm partner in India?
Asked by: Eleanora Homenick | Last update: October 7, 2023Score: 4.3/5 (45 votes)
Partner salary in India ranges between ₹ 8.7 Lakhs to ₹ 101.0 Lakhs with an average annual salary of ₹ 49.0 Lakhs. Salary estimates are based on 116 latest salaries received from Partners.
What is the salary of top law firms in India?
- Shardul Amarchand Mangaldas & Company: 12-25 Lakhs per annum.
- Trilegal India: 10-25 lakhs per annum.
- Luthra and Luthra: 11-16 lakhs per annum.
- Khaitan & Company: 8-19 lakhs per annum.
- AZM & Partners: 10-20 lakhs per annum.
- Vaish Associates: 8-18 lakhs per annum.
What is the salary of lawyer in law firms in India?
Lawyer salary in India with less than 1 year of experience to 11 years ranges from ₹ 1 Lakhs to ₹ 10 Lakhs with an average annual salary of ₹ 3.5 Lakhs based on 2.5k latest salaries.
What is the salary of senior partner in India?
Senior Partner salary in India ranges between ₹ 3.8 Lakhs to ₹ 219.6 Lakhs with an average annual salary of ₹ 24.0 Lakhs. Salary estimates are based on 226 latest salaries received from Senior Partners.
Which is the highest paying job in law in India?
- Law Firms/Corporate Counsel.
- Litigation/Trial Advocates.
- Judicial Services/Civil Services.
- Academia/Professor of Law.
- Specializations- Cyber Law, Banking Law, Intellectual Property Law, etc.
- Judicial Clerkship.
- Conclusion.
Salaries after NLUs/CLAT | Top corporate law firms | Khaitan | Trilegal | Amarchand | AZB
Do lawyers get paid well in India?
Civil Lawyer average annual salary in India ranges between ₹ 2.5 Lakhs to ₹ 3.2 Lakhs. Criminal Lawyer salary in India ranges between ₹ 0.5 Lakhs to ₹ 6.5 Lakhs with an average annual salary of ₹ 3.0 Lakhs. The average corporate lawyer's salary in India is INR 6.9 Lakh per annum.
What is the salary of Master of law in India?
The average salary package for LLM graduates ranges from INR 8 -15 LPA based on the job role and sector of work. LLM graduates can even venture into freelance legal practice apart from corporate tie-ups and take up pro-bono.
How much do Big 4 partners make in India?
With more than 400 partners added during the Covid-19 pandemic, the big four firms now have 2,100 partners and executive directors in India who earn at least ₹1 crore a year, including bonuses.
How much does a Partner at a top law firm in India make?
Partner salary in India ranges between ₹ 8.7 Lakhs to ₹ 101.0 Lakhs with an average annual salary of ₹ 49.0 Lakhs. Salary estimates are based on 116 latest salaries received from Partners.
How much does a private Lawyer earn in India per month?
What is the salary of a Private Lawyer in India? Average salary for a Private Lawyer in India is 3.6 Lakhs per year (₹30.0k per month).
Who earns more CA or Lawyer in India?
Heard the starting salary at T-1 law firms start at about 10 to 14 lakhs per annum which does not match the average starting salary of a Chartered Accountant which is 7-8 lakh per annum.
What is the average salary of international Lawyer in India?
Average annual salary in International Law Group is INR 4.8 lakhs .
Do lawyers earn in crores in India?
From their second year onward, senior associates in big or boutique law firms can earn more than INR 40 lakh. Principal associates make between INR 36 and 60 or 70 lakh per year. Law firm partners easily earn upwards of INR 70 lakh to a few crores per year.
How much do Indian law firms charge?
A fee varying from Rs. 5,000 to Rs. 15,000 for appearing in a matter set down for admission has become common place; and senior advocates coming from the top echelons of the Bar are known to be appearing in 5 to 10 admission matters per day on an average.
How much does a US big law partner earn?
(Reuters) - Average annual pay for U.S. law firm partners reached $1.12 million in 2021, as heightened client demand buoyed firm profits, according to a report released Tuesday by Major, Lindsey & Africa (MLA).
Who can be a partner in a law firm in India?
If someone has a Law degree and joins a Law Firm, after spending some time as an associate or senior associate, he/she becomes a partner in a Law Firm.
Is partner the highest position in a law firm?
The managing partner or shareholder is at the top of a law firm's hierarchy. As the senior-level lawyer of the firm, job duties include managing the day-to-day operations of the firm.
Which is the highest paid Big 4 in India?
- senior manager - ₹33lakhs per year.
- manager - ₹22lakhs per year.
- senior consultant - ₹19lakhs per year.
- consultant - ₹16lakhs per year.
What is the average salary of director in Big 4 India?
Big 4 Accounting Firms Associate Director salary in India ranges between ₹ 28.0 Lakhs to ₹ 50.0 Lakhs with an average annual salary of ₹ 37.9 Lakhs.
What is the highest Big 4 partner salary?
This Big 4 career lab article, talks about Big 4 partner salary levels in the US ranging from around $300,000 a year to $3 million plus.
What is the average salary of LLM Lawyer in India?
The average salary package for LLM graduates ranges from INR 8 - 15 LPA based on the job role and sector of work. LLM graduates can even venture into freelance legal practice apart from corporate tie-ups and take up pro-bono.
What is the average salary of LLB Lawyer in India?
Law Firms: As a fresh graduate, you can expect a salary of INR 3-5 lakhs per annum. With experience, your salary can go up to INR 10-15 lakhs per annum. However, top law firms in India may offer even higher salaries, ranging from INR 15-20 lakhs per annum for experienced lawyers.
What is the salary of PhD in law in India?
PhD in Law Graduates' Salary Packages
A PhD in Law can expect to earn between INR 3 and 8 LPA on average.
Is law prestigious in India?
Prestigious Profession: A career in law is often considered prestigious and respected in India, as well as globally. Lawyers and legal professionals are seen as knowledgeable, skilled, and influential individuals who play a crucial role in upholding justice and maintaining the rule of law.