Forty law students at the National Law School of India University (NLSIU) have been placed in the ongoing campus recruitment. The highest offer made so far is a whopping Rs 36.56 lakh a year (£36,000) by a foreign law firm.
As many as 74 students will graduate this year from the 2009 bachelor of law (LLB) batch. According to placement data provided by NLSIU officials, 17 companies have visited the campus for recruitment, offering an average pay package of `12 lakh a year.
The highest offer made by an Indian firm is `16 lakh, an official said without revealing the name of the recruiter. “Some of the firms that have visited us are Herbert Smith, ICICI Bank, Luthra & Luthra, Deutsche Bank and Allen & Overy,” an official said.
“Normally, the economic slowdown or the global meltdown does not impact recruitment in top law schools such as ours,” said Vice-Chancellor R Venkata Rao. “In fact, I would say our zero day placements have been better than the previous time.” Zero day refers to commencement of placements in top companies in an academic year.
This is also the first campus recruitment for students of the first one-year master of law (LLM) course that was started last year. Out of 50 students in the 2013-14 batch, 33 have opted to be placed and most of them specialise in business laws, said Piyush Rajput, convenor of the Recruitment Coordination Committee (RCC) that is responsible for facilitating recruitment programme for the outgoing batch. We have received positive response from law firms and recruiters from the banking sector. The RCC was not always inclined towards jobs, as the LLM course was considered only for teaching. I think we have broken that mindset,” Piyush said.
While recruiters are yet to visit the campus for students of one-year LLM, Piyush said a Mumbai-based law firm has shortlisted six students who will be interviewed there. Second-year students of the two-year LLM course have been visited by Tata Motors, PowerGrid Corporation of India and B N P Paribas for placements.