International firms home in on Indian law graduates
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A record 40 per cent of graduates at a leading Indian law school are now taking up training contracts with international law firms.
Around 32 out of 80 students are set to start training contracts with international firms after graduating from the National Law School of India University (NLSIU), Bangalore, in June 2009.
This compares with the figure for the previous academic year of 20 students.
NLSIU professor of corporate law Padmanabha Pillai said: “Including postgraduate studies, about 40 per cent of our students are now getting offers from international firms.”
Clifford Chance India head Chris Wyman said the percentage is surprising, adding: “When we first started recruiting in India there was really just Linklaters, us and several others. Now it’s not only the larger firms, but also some of the smaller firms with an Indian interest, who are looking to recruit.”
Readers' comments (1)
Anonymous | 29-Oct-2008 11:10 am
Numbers need verification
The number cited appears to be based on an off the cuff remark by a professor. It needs to be cross checked with actual recruitment statistics.
In any event, if such a high humber of graduates from the nation's top law school are leaving the country to work abroad, the Bar Council needs to rethink its opposition to foreign firms entering the Indian market.
It would make more sense for the graduates to stay in India and advise Indian clients than leave the market to (relatively) mediocre lawyers.
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