WORK IN A LAW FIRM:
A law firm is usually a partnership between lawyers who have come together to offer their expertise to clients under one name. These partners share the profits of the firm as well as the risks (liabilities), and engage other lawyers to work with them as associates. These associates can work at the firm for a period of time, and, provided they establish their competence at work, can even become partners at the firm and share in the profits and management of the firm. Law firms cater to the interests of companies and private individuals alike, though most of the large law firms deal exclusively with corporate houses, i.e. companies. Work at a law firm involves dealing with a wide variety of problems that may or may not be restricted to a particular area of the law (depending on the specialisation and culture of the firm).
Major law firms have separate litigation and corporate departments. The litigation department deals with the disputes which the firm’s clients are involved in. Working in the litigation department of a law firm or in a firm that does mainly litigation entails interaction with leading lawyers and a feel of the world of court practice. The corporate departments of law firms advise companies on the corporate deals which they are involved in, such as acquisitions of companies, important inter-company agreements, investment in India by foreign clients, financing of massive projects undertaken by clients and so on.
Major law firms, both Indian and foreign, recruit from the top Indian law schools. Among the major recruiters from the domestic legal schools are top law firms such as Amarchand Mangaldas Suresh A. Shroff & Co, AZB Partners, J.Sagar & Associates, Luthra & Luthra Law Offices, Khaitan & Co. Nishith Desai Associates, DSK Legal, ARA Law, Dua Associates, Khaitan & Co, Fox & Mandal, and Victor & Moses, among others.Foreign law firms that recruit from Indian law schools include the UK-based Linklaters Alliance, the Singapore-based Khattar & Wong, and others. Recruits join as junior associates and are promoted based on performance