Are you a law student set to graduate in 2025-26? You might be curious about the job market and the salary packages you can anticipate. Khaitan & Co, a top-tier law firm in India, has recently announced its compensation plan for fresh law graduates. Here’s a detailed breakdown of their offering and how it measures up against other prominent law firms across the nation. What’s Included in the Khaitan & Co Salary Package?
1. Annual package:
Khaitan & Co. offers an impressive total compensation of around ₹22.5 lac per year for fresh graduates.
- The base salary features a monthly retainer of ₹1.45 lakh, amounting to ₹17.4 lakh per year.
2. Bonus Structure:
- Confirmation Bonus: New hires receive a ₹13k bonus once their probation period is confirmed after six months.
- Exam Completion Bonus: In addition, if you clear the All India Bar Examination within 15 months of joining, you will receive an additional ₹1.3 lakh.
- Performance Bonus: Moreover, on March 31, 2026, a bonus of ₹2.5 lakh may be granted based on your performance as well as the firm’s overall success.
3. Insurance Benefits:
Furthermore, Khaitan & Co. provides group medical insurance with a floater sum of ₹5 lakh.
Additionally, a group term life policy is offered with a sum insured of ₹20 lakh.
How Does It Compare?
When comparing Khaitan & Co Salary offer to other leading firms, their compensation package stands out. For instance:
- Shardul Amarchand Mangaldas offers an annual salary of ₹20 lakh.
- S&R Associates provides a package of ₹19.9 lakh per year.
- Trilegal has an annual offer of approximately ₹19.6 lakh.
- Cyril Amarchand Mangaldas offers ₹18.5 lakh per annum for new hires this year.
In comparison, Khaitan & Co’s compensation package is marginally higher than that of most other firms, positioning it as a highly competitive option in the legal market.
Significance of This Matters
For law graduates, obtaining a position at a prestigious firm like Khaitan & Co can greatly enhance their career prospects. While the salary is competitive, the additional bonuses and benefits make the offer particularly attractive. The bonuses for confirmation and exam completion demonstrate the firm’s commitment to supporting its employees as they advance in their careers.
What Khaitan & Co Says
According to Amar Sinhji, Executive Director at Khaitan & Co, emphasizes that the firm prioritizes a “holistic” reward strategy. In addition to competitive compensation, the firm offers benefits such as career development opportunities and a supportive work environment. This comprehensive approach effectively attracts and retains top talent from India’s leading law schools.
Final Thoughts
For those graduating in 2025-26 and seeking to launch their legal careers with a prestigious firm, Khaitan & Co’s offer stands out as one of the best. With a robust salary package, various bonuses, and extensive insurance benefits, it represents an exceptional opportunity for new law graduates.
