Salary hike puts Indus within reach of Days Zero
IndusLaw may have been growing leaps and bounds, including by recently breaking into the cozy top-tier capital markets club and having been one of the more aggressive lateral hirers in recent times, but the firm’s starting salary had somewhat lagged behind compared to the highest-paying firms.
The firm has now hiked its fresher lawyer starting salary into the symbolic Rs 1 lakh per month (Rs 12 lah per annum) club, excluding a 10% performance-dependent bonus that is generally paid out in full or thereabouts.
For the last two years of campus recruitments, the salary offered to fresh Indus recruits from college had been Rs 90,000 per month (Rs 10.8 lakh per year), three years ago that was Rs 80,000 (Rs 9.6 lakh per year).
Vaibhav Bhardwaj joins Indus from SAM
IndusLaw has added yet another lateral hire partner with employment law principal associate Vaibhav Bhardwaj joining the firm in Delhi.
The 2008 GGSIPU graduate was previously at Shardul Amarchand Mangaldas since 2015, most recently as a principal associate.
He is the third partner to join
IndusLaw‘s employment law practice and the
52nd partner overall.
Founding partner Avimukt Dar commented: “Employment law has been a focus area for the firm and has evolved to become a strong national practice of three partners including Vaibhav.”
“We are confident that the energy he brings to the team, coupled with his keen intellect, will help us serve our clients even better”
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Govt looking to gauge Indian companies' exposure to cryptocurrencies businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.