Read this and weep!
BANGALORE: A clutch of foreign and Indian law firms literally swooped down on the National Law School of India University (NLSIU), Bangalore
Around 50 students of the 2010 batch of 77 students have accepted corporate offers, while the rest will be pursuing litigation, civil services or other further studies. Amarchand & Mangaldas was the biggest recruiter and they picked up 12 students.
The highest offers were made by UK Magic Circle firms namely Allen & Overy, Clifford Chance, followed by Norton Rose and Herbert Smith, that offered an average salary package of £37,000-38,000 per annum. A unique feature of this year’s placements was the participation of PSUs such as Indian Oil and Sail. This year’s campus placement saw participation by law firms like J Sagar & Associates, Nishith Desai & Associates and Talwar Thakore & Associates, among others.
Consultancies like McKinsey and Boston Consulting Group also visited the campus. Around 21 students were recruited through earlier processes and pre-placement offers with law firms like Amarchand Mangaldas Suresh Shroff, Luthra & Luthra Law Offices and S&R Associates.
The campus placement at National Law School was held early this year instead of the conventional April-May sessions, said NLSIU head of the public relations cell, Kushal Bhimjiani. “Foreign firms are increasing their offers to students in India. They come earlier due to which we missed out a few jobs,” Ms Bhimjiani said.
“Indian firms also wanted it to be held earlier as they want to get hold of the best talent,” she added. Representing the financial sector were companies such as ICICI Bank, Kotak Mahindra and microfinance organisation IFMR. The other top companies that participated were Bharti Airtel, Marico, Jindal Steel Works and Hero Honda.