Indian salaries rocket as UK firms poach talent

A full-blown salary war has erupted in India in response to increased local and international competition for talent, resulting in pay increases of more than 50 per cent at most top Indian law firms in the last year. Indian law school graduates can now earn around £15,000 per annum at firms such as FoxMandal Little, while Luthra & Luthra has hiked its base salary for the third time in a year by a total of nearly 80 per cent. In recent years A&O, Clifford Chance, Herbert Smith, Linklaters, Olswang and SJ Berwin have recruited many Indian law school students and laterals.

Indian salaries rocket as UK firms poach talent thelawyer.com Tue, Apr 8, 2008