Top Indian corporate law firms increase salaries for fresh graduates

New Delhi: Taking cue from their foreign counterparts, top corporate law firms in the country have, this recruitment season, begun offering fresh law graduates 30-50% higher salaries than last year. They could go up to as much as Rs12 lakh a year, two-thirds more than what is expected to be paid to top talent graduating from the Indian Institutes of Technology, or IITs, but less than the Rs14-19 lakh, on an average, likely to be offered for graduates from the Indian Institutes of Management, or IIMs, in 2008. Like other professional services, such as engineers and doctors, the legal profession in India, too, is witnessing a shortage of personnel. And the competition for talent has become more acute in the last two years, with international law firms also joining the recruitment drive.

Top Indian corporate law firms increase salaries for fresh graduates livemint.com Wed, Jan 16, 2008