Now in Demand, New Lawyers in India Get Higher Salary Offers
The marketplace may help boost the salaries of fledgling lawyers from India, who are increasingly in demand, to do routine legal work for American law firms and companies because of their low costs.
About 100 legal process outsourcing companies employ Indian lawyers, offering their services abroad at bargain prices, the ABA Journal reported in an October 2007 story, “Manhattan Work at Mumbai Prices.”
But these lawyers’ low salaries may soon be rising, if competition for new lawyers has an effect. International law firms are snapping up recent law grads from India in anticipation that the Indian market will eventually allow foreign firms to open offices there, the Economic Times reports.
Now Delhi University is reporting that 24 law firms, legal process outsourcing companies and corporations have come to recruit from its Campus Law Centre, and some students are getting offers far above the average, the Times of India reports. Leading law firms from abroad are participating in the recruitment process for the first time.
‘‘It is for the first time that so many recruiters are coming to CLC,” one student said. “What they have offered me was unexpected.”
Two other law schools report that many of their grads have landed jobs abroad. At one of the schools, Nalsar University of Law, Hyderabad, about half its graduates landed jobs outside the country, according to the Economic Times story. Allen and Overy has been a leader in recruiting Indian legal talent, the story says.
