Guidelines

How do lawyers get paid in India?

How do lawyers get paid in India?

Salary of Corporate Lawyers in India In India, the range of salary that the law firms offers ranges all the way from Rs 25-30 lakh per annum to Rs 150-200 lakh. The salary for a fresh corporate lawyer who has just completed the graduation, in a tier-1 law firm would earn anything between 12–15 lakhs per year.

What are lawyers fees called?

retainer
In the United States, an up-front fee paid to a lawyer is called a retainer. Money within the retainer is often used to “buy” a certain amount of work. Some contracts provide that when the money from the retainer is gone, the fee is renegotiated.

How much does it cost to hire a lawyer in India?

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The fee range of an Advocate or lawyer can range from Rs 200-300 an appearance for a junior lawyer in the lower Courts, to Rs 25-30 Lakh an appearance which was the reported fee charged by Ram Jethmalani, pr Harish Salve, etc, the senior-most Senior Counsel in India. It is believed that litigation tends to pay (in monetary terms) in the long run.

What is the fee of an advocate in India?

The fee range of an Advocate can range from Rs 300 an appearance for a junior lawyer in the lower Courts, to Rs 25 Lakh an appearance which was the reported fee charged by Ram Jethmalani, the senior-most Senior Advocate in India.

What is the starting salary of a lawyer in Kolkata?

There are some lawyers working in small law firms in Kolkata who earn as little as Rs 6000 a month, while their counterparts working in Khaitan & Co in the same city earn starting salaries which may even go up to Rs 1,00,000 per month.

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What are the benefits of being a lawyer in India?

This is one of the greatest benefits of civilisation. People in India have their faith in the judiciary. Any civilised country should do so. Hence, you can find a large number of great lawyers in India. The beauty of the system is that people choose to become lawyers.