Law Firms in India

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Law Firms in India
www.pathlegal.in
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•  Law firms in India are generally organized
  around partners of the legal operation,
  specifically, joint owners and business
  directors.
• Then there is Associates, who are employees of
  the firm, but may be working with the presumption
  of becoming partners. 
• An associate may have to wait more over 11 years
  in order to become a partner. Also there is a
  variety of staff employees, providing paralegal,
  clerical, and other support services. 
• Regarding the termination, it is unusual for a
  partner to be forced out by fellow partners,
  unless until if the partner commits a crime or
  malpractice, disruptive mental illness, or not
  capable for contributing to the firm's overall
  profitability.
• Due to the competition, making a partner is very
  prestigious at large or midsized law firms. In
  such a scenario, these kind of firms may opt for
  advertisements in professional publications to
  announce who has made their partner.

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• Commonly, partners shared directly in the
  profits of the firm, after paying to their paid
  staff, the landlord if any, and the usual costs
  which comes under office supplies, and for the
  database subscription.
• However, many large law firms have a two-tiered
  partnership model, namingly equity and non-equity
  partners.
• Equity partners are measured to have ownership
  and share in the profits and losses of the firm,
  while Non-equity partners are normally paid a
  fixed salary, may be higher than associates.
• They can get certain limited voting rights with
  respect to firm operations.
• Most of these lawyers partners collaborate each
  other because of their subject diversity and they
  can support almost all legal subjects using their
  legal brand such as civil, criminal, family,
  property, tax etc... For more info, get in touch
  with http//www.pathlegal.in/lawfirms/India/

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