Why are students taking law as a fancy career?
Ruth Ana Paul has just landed her dream job at London-based law firm
Clifford Chance for a salary of Rs
30 lakh a year. “This is exactly what I wanted,” exclaims the visibly excited
22-year-old as she anxiously hopes the year to rush by before she joins the
London offices of the world’s second largest law firm as a trainee solicitor
next August.
Ruth is not alone in getting an offer from a top global law firm like Clifford
Chance, which has 29 offices around the world. At least five of her peers at
NLSUI in Bangalore have received international job offers from leading global
law firms such as Allen & Overy and Linklaters.
Graduates of IITs and IIMs getting offered such salaries is by now passe in
India, but Ruth’s offer is a bit of a surprise : she is only a final year
student at the country’s top law school.
“We hire graduates from India into our
training programmes because India is a fantastic talent pool,” says Jonathan
Brayne, chairman of Allen & Overy’s India group, which has been recruiting
from Indian law schools for three years. While this may be a testament to the
talent pool available in the country, at another level it’s also reflective of
the new emerging global economic order.
“We also want the diversity of our client base to be reflected by a similar
diversity among our lawyers. As we do an increasing volume of India-related
work, we want to have a growing number of lawyers from India,” added Brayne.
Besides Clifford Chance, Allen & Overy and Linklaters, other international
law firms eyeing India include Jones Day and Freshfields Bruckhaus Deringer.
Many of them already have informal tie-ups with domestic law firms to exchange
clients and spot fresh talent.
And it’s not just among firms such as these that Indian law graduates are in
demand. They are also finding jobs with international organisations like
Unesco, Unicef, consultancy firms such as McKinsey and Boston Consulting Group
,
non-governmental organisations and legal process outsourcing companies.
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