London Firms Court Indian Law School Graduates
Posted By Rob Millard - 0 Comments -
An article in the current Hindustan Times reports that Magic Circle firms Linklaters and Clifford Chance have snapped up about 60 of the top law school graduates in Indian law schools this year. Until two years ago, the number would have nee closer to five. About 300 graduates pass out annually from the three best law schools being favoured by Magic Circle – National Law School (Bangalore,) Nalsar (Hyderabad) and National University of Juridical Sciences.
Trawling the Commonwealth countries' law schools and law firms has been a favoured tactic of London firms for years, in their battle for talent. Not only at entry level, but also mid-tier associates. The latter much to the chagrin of the local firms, who invest heavily in their associates only to see some of the most promising disappear to London just as they're becoming profitable. Far higher salaries (in Sterling) that those typically paid in the former colonies and far more high-end work make it quite easy to execute these "raids."
Of course, having both entry level and lateral hired junior to mid-level talent from across the globe does no harm at all when it comes to developing a global mindset and culture in the receiving firms. It is a tactic that US-based global firms would do well to emulate.
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