How can a new advocate earn money from day one?
Let’s get the most popular one out of the way. Top law firms these days offer an annual package of up to 18 lakhs to entry-level lawyers. This includes freshers as well as other lawyers joining from 2nd tier law firms or in-house roles with experience. Big law firms treat people with 3-4 years of experience in any other place apart from big law firms as 0 experience, and treat them at per with freshers!
But in any case, if the aim is to earn over 1 lakh a month, getting through to a big law firm is a popular option. Remember than all 18 lakhs is not your in-hand salary, 20-40% of it may be a discretionary bonus. You are likely to get only around 50% of it if we go by statistical chance, even if you performed well. If your performance is not satisfactory, you are likely to get far less.
