Trilegal has significantly raised its retainer compensation across the board to become one of the highest-paying law firms in the country..The firm is paying up to ₹19.5 lakh per annum to freshers. This includes an annual fixed retainer of ₹16.5 lakh and an additional retainer of up to ₹3 lakh..A one-year Associate at the firm will get ₹18 lakh annual fixed retainer and an additional fixed retainer of ₹2.85 lakh if she does not meet expected performance, ₹3.35 lakh if she meets expected performance, or ₹4 lakh if she exceeds expected performance. Therefore, a high performing one-year associate can earn up to ₹22 lakh a year..Therefore, a high performing one-year associate can earn up to ₹22 lakh a year.The most interesting hike is at Counsel level. A Counsel at Trilegal will now make ₹1 crore a year..Confirming this, Partner and Member of the Management Committee Nishant Parikh said,“A significant number of counsel with the firm will make retainer fees of ₹1 crore for their contributions this financial year.”.Commenting on the hike in retainer compensation, Partner and Member of the Management Committee Sridhar Gorthi said,“Trilegal owes its success in large measure to its team of talented and motivated lawyers. The latest enhancements in our retainer compensation is one way of celebrating and sharing our success with our people. Our compensation system is clearly the best in terms of numbers as well as the way in which it is administered - with transparency, predictability and fairness. ”.Parikh added,“Trilegal prides itself as being the most people friendly law firm in the market. We continue to invest in the careers of our lawyers through the best learning and development programmes; we have built award winning office infrastructure at all locations; we have safe, inclusive and empowered workspaces; and now, we have yet again, raised our retainer compensation significantly to become a market leader in rewards.”
Trilegal has significantly raised its retainer compensation across the board to become one of the highest-paying law firms in the country..The firm is paying up to ₹19.5 lakh per annum to freshers. This includes an annual fixed retainer of ₹16.5 lakh and an additional retainer of up to ₹3 lakh..A one-year Associate at the firm will get ₹18 lakh annual fixed retainer and an additional fixed retainer of ₹2.85 lakh if she does not meet expected performance, ₹3.35 lakh if she meets expected performance, or ₹4 lakh if she exceeds expected performance. Therefore, a high performing one-year associate can earn up to ₹22 lakh a year..Therefore, a high performing one-year associate can earn up to ₹22 lakh a year.The most interesting hike is at Counsel level. A Counsel at Trilegal will now make ₹1 crore a year..Confirming this, Partner and Member of the Management Committee Nishant Parikh said,“A significant number of counsel with the firm will make retainer fees of ₹1 crore for their contributions this financial year.”.Commenting on the hike in retainer compensation, Partner and Member of the Management Committee Sridhar Gorthi said,“Trilegal owes its success in large measure to its team of talented and motivated lawyers. The latest enhancements in our retainer compensation is one way of celebrating and sharing our success with our people. Our compensation system is clearly the best in terms of numbers as well as the way in which it is administered - with transparency, predictability and fairness. ”.Parikh added,“Trilegal prides itself as being the most people friendly law firm in the market. We continue to invest in the careers of our lawyers through the best learning and development programmes; we have built award winning office infrastructure at all locations; we have safe, inclusive and empowered workspaces; and now, we have yet again, raised our retainer compensation significantly to become a market leader in rewards.”
