Shardul Amarchand Mangaldas: 20 - 75% increments, come with a clawback provision

Pallavi Saluja September 6 2018

Shardul Amarchand Mangaldas (SAM) announced its annual increments yesterday. Sources have informed us that the increments range between 20% and 75%.

However, these huge increments come with a clawback provision. Lawyers on retainer who leave the firm in the next seven months starting this September, will have to repay to the firm three months of their retainer fees.

This rider is applicable from September 1, 2018, to March 31, 2019.

The increments are done on a

This content is restricted to subscribers