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Part II: Top law colleges and courses Are you looking for a career that gives you a battlefield kind of adrenaline rush but without the risk of actually being shot at? A career in law might be your ticket. "I can sit at home and demand Rs 50k to draw up a single agreement," says Zafar Iqbal, an ex-IAS officer who has worked with companies like Tata House. Every acquisition, merger, deal, public listing or de-listing requires dozens of lawyers working frantically to ensure that it goes smoothly and in accordance with the law. Corporate law requires individuals who are patient and have an eye for detail. "You need a special mind for criminal law," says Iqbal, "You have to be analytical and be one step ahead of the opponent. You have to ask questions that nobody else can think of: why did he do what he did? Why did he not do what he did not do?" It is, however, one of the most lucrative. One can easily charge Rs 50,000 for a single bail application. It's not for everyone though. "It means getting your hands dirty," says Amrita Shah, "Money exchanges hands at several levels. Not all have the stomach for this kind of work and certainly women find it next to impossible." Being a trial lawyer is also much simpler nowadays due to the internet. While lawyers had to previously pour through huge legal books looking for precedents, there are now many websites that one can subscribe to which will give you a citation in a matter of seconds. One of the major public myths is that all lawyers lie. "All lawyers are not liars and all liars are not lawyers," insists Iqbal, "Law is the art of presenting the facts of the case." It's how persuasive your point of view is rather than what facts you present. He recounts a defamation case where he argued for the plaintiff in a moot court and won. He then took the defendants' side in another moot court -- and won again! A person may start his legal career as an assistant to a more experienced lawyer making drafts and doing routine research and paperwork leaving the senior to come up with arguments and appear in court. Previously, the junior lawyer would be paid nothing for his work and would even have to pay for his own tea and conveyance. Nowadays, however, even assistants are paid a fixed Rs 5,000 or so per month, so starvation is unlikely. Some companies hiring candidates straight out of college will pay as much as Rs 7 lakh pa. But these are only the best students from the top colleges. Some of the bigger firms like Amarchand Mangaldas offer as much as Rs 7-10 lakh with bonuses etc to the top students in places from colleges like NLS. On average, a fresher makes about Rs 8,000 per month. If he/she has passed the difficult solicitor exam, he/she may start off with as much as Rs 15,000 per month. Part II: Top law colleges and courses |
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