So many law students, so few top work: What do they hold back?

Copyright © HT Digital Streams Limit all rights reserved. India’s legal sector is bleeding – so why are 98% of the right degrees of the top posts left out? Of more than 1,700 legal schools in the country, only graduates of the top 25-30 colleges have constant jobs in corporate or middle-level law firms. (Pixabay) Summary from nearly 100,000 law students who study annually in India find only 400-600 work at the country’s leading law firms. India’s legal market is bleeding. Why are more students not fresh from the law school? The majority of graduates in the fresh right in India miss the country’s bleeding and higher paid corporate legal market for reasons that also harm students from other professional courses-lack of job readiness. Less than 2% of India’s graduates in the fresh law secure positions at the country’s leading business law firms, according to data shared by the legal recruitment firm Vahura. Nearly 100,000 law students study annually, and about 69,000 the All India Bar examination is clean, which makes them eligible for the law in any court across the country. But out of more than 1700 legal schools in the country, only graduates of the top 25-30 colleges have constant jobs in corporate or middle-level law firms. Leading law firms such as Shardul Amarchand Mangaldas, Cyril Amarchand Mangaldas and Khaitan & Co. Rent collectively only 400-600 fresh graduates, mostly for specialized practices such as business law, private fairness, banking, dispute resolution, infrastructure, tax and regulatory law. “Many graduates are struggling to enter the organized legal force, which often begins in local litigation or informal setups. It is not that firms in the middle level offer fewer opportunities, but there is a sharp drop in readiness and access outside the top colleges,” Akanksha Antil, Werver and Mentor in Vahura said. While only 2% of the graduates in the law school make it to leading corporate firms, another 15-20% manage to find work in boutique and two-part companies, contributing to the broader corporate legal landscape. Most of the other fresh graduates start their careers in small litigation practices or depend on personal networks and miss the organized corporate law sector. Read also | Big Four feels the heat as promotions are dropping, customers pull the wallet strikes. This is comparable to the engineering sector, where, despite the fact that they produced a large talent pool of about 1.5 million graduates annually, only about 10% of safe posts due to a continuous skill gap, according to a recent UNstop report. The struggle to find enough suitable and work-ready law students comes at a time when the Indian legal sector grows rapidly. Rising compliance requirements, digital transformation and increased transaction activity have driven India Inc’s legal expenses past the £ 60,000 crore mark. “> £ 60,000 crore mark in 2024-25, by 15-18% higher than the year before, according to the Vahura data, which was with an coin earlier in March. This boom in the claim of the legal services has an intense competition among the legal personnel who sought their teams, with the necessary teams, with a intense competition of the right to seek their teams, To search for their teams, with an intense competition from the legal entities striving, with an intense competition from the legal entities who strive their teams, with an intense competition that strives their teams. 79% from last year, ”says Suman Rudra, Head of Human Resource Officer at JSA Advocators and Attorneys.” Cyril Amarchand Mangaldas added, said the firm graduated from 150-200, with a number of money that has read the recent years. To Mint told that more than 100 students secured by the school’s internship and placement department annually, with an average placement rate of 80-85% over the past three years. A broader. and ie (entrepreneurs in action), “says Ashish Bhardwaj, founding dean, Bits Law School. Gujarat National Law University supports aspiring -Litigators through its GNLU -Litigation Aid Scheme (Glass), which helps the first monthly labor power survey in the national statistical office. The unemployment rate stood at 5.1% in April, with urban unemployment at 6.5% and almost 14% of youth who cannot find work.