NLSIU Bangalore Placements 2020: Highest Package: INR 18 LPA & 44 Job Offers Received

As most of these LLM graduates start off on the academic side of things, the pay grade is equivalent to that mandated by the UGC for all institutions in all states. You can get a job role for an Assistant Professor or the likes. 

However, this does not stand true for Private Institutes that hire LLM graduates. They most times than not, do not pay more than the government institutes. But it all depends on your personal choice and the kind of work environment you would like to be in. 

You can always consult with the immediate batches to understand the current standings on the placement front. Connect with them one-to-one and you might get a better and clearer idea of what to expect. 

Usually, six of India’s major corporate law firms offer around 1,00,000 to 1,15,000 as a monthly remuneration at the entry level. Apart from that, there is generally a yearly bonus of around 1 to 2 Lacs. 

An average entry-level associate usually earns around 14 Lakhs Per Annum which is a good amount nonetheless. Apart from that, there are a variety of other institutes that pay somewhat in the same range, if not equal.

Only recently, there are multiple mid-tier firms that are generating comparable packages. However, foreign law firms comparably pay a higher amount. The packages sometimes range around INR 40,00,000 per annum. In simple words, this is the basic remuneration they generate for fresh graduates, which gets higher with your experience. 

The opportunities are open equally for different law schools, let alone NLSIU and NALSAR. 

One of my friends recently graduated from NLSIU. Here is his insight on the placements at NLSIU. 

• There is no placement cell in the institute. Students get placed through a student-led body called RCC (recruitment coordination committee). An average of 30 percent of students get placed. Around 50 percent don’t have a proper job secured during graduation. 
• The institute has its reputation however the course and curriculum provided by the institute don’t prepare you for any corporate job. Getting into the top company is only possible if you are in the top 5 of a strength of 70 people in the class. You will have a chance of getting into the big four, i.e. EY, KPMG, Deloitte, etc. as policy professionals. But don’t expect to get into IGOs like the World Bank or UN.
• According to the recent placement highlights at NLSIU, the L&L Partners made 12 placement offers. Shardul Amarchand Mangaldas & Trilega made 7 placement offers while Cyril Amarchand made 1 placement offer. Companies like ICICI Bank, Societe Generale, Khaitan, AZB & Partners made less than 5 offers each. In 2020, the highest CTC offered at NLSIU was 18 LPA. 

The employment space for MPP professionals is opening up with time and if you have the required skills you will have decent opportunities along the line. But you will need to approach top companies through platforms such as LinkedIn. 

In the top three law schools, the placement scenes are fantastic. 

In terms of placement, WBNUJS has been doing really well. In the past, it has received 100% placement (not inclusive of those who do not sit for placements). The graduating class of 2020 received offers for all 78 participants who participated in the recruitment process.

With 30 students taking Day Zero in NALSAR, a total of 28 offers were offered, with 17 being accepted.

Last year at NLSIU, 47 final-year students who opted for it were hired by 19 businesses. The average remuneration package was about Rs 18 lakhs. In 2020, 40 job offers were made during NLSIU's day zero recruitment, which set a record.

The average salary at each of the top three law schools is nearly identical. Domestic and international firms pay different amounts for traineeships, with the average foreign firm package ranging from INR 38 lakhs to 44 lakhs and the average domestic firm package ranging from INR 8 lakhs to 18 lakhs.

Also, it's not only about attending one of the top three law schools; possibilities abound and are available to students from all law schools. If you are dedicated and hardworking, you will find a place at the top.